“Web Commuters” Can Take Their Office with Them Wherever They Go, Work from Anywhere
— First quarter net revenue up 13%, or $3.4 billion, from a year earlier to $28.5 billion — First quarter GAAP operating profit up 42% to $2.6 billion; $0.80 earnings per share, up from $0.55 a year earlier — First quarter non-GAAP operating profit up 31% to $2.8 billion; $0.86 earnings per share, up from $0.65 a year earlier — Cash flow from operations of $3.2 billion — $3.3 billion of share repurchases
Jim Mahony has been named President Asia-Pacific effective 1st March 2008 and will become a member of Flint Groups Executive Management Team. He will report to Charles Knott, CEO Flint Group.
IBM (NYSE: IBM) today announced it has completed the acquisition of Net Integration Technologies Inc. (http://www.nitix.com/), a Toronto, Canada-based, privately held company that offers a complete business server software solution for small and medium-sized businesses. Financial details were not disclosed.
Acquisition Adds Key Technology and Market Expertise for Leading Provider of On-Demand Enterprise Content Management
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Global consumer goods and paper company SCA has today increased its ownership in the Hong Kong based tissue company Vinda from 14% to 19% of the shares.
