News - Company & People
Savvis CEO 'not in a hurry' for takeover amid consolidation
Savvis Inc. Chief Executive James Ousley said his company isn't rushing for a takeover even as Wall Street bets a deal for the data storage provider could be on the horizon. Such speculation follows Verizon Communications’ announcement late Thursday to acquire Terremark Worldwide. in a US $1.4...
Macquarie Telecom lifts earnings guidance
Macquarie Telecom Group has lifted its guidance for first half earnings to around A$20 million, from an earlier forecast of A$15-17 million. For the full year, Macquarie Telecom said it expected earnings before interest, tax, depreciation and amortisation of $37-39 million, representing a 30%...
Macquarie Telecom lifts earnings guidance
Macquarie Telecom Group has lifted its guidance for first half earnings to around A$20 million, from an earlier forecast of A$15-17 million. For the full year, Macquarie Telecom said it expected earnings before interest, tax, depreciation and amortisation of $37-39 million, representing a 30%...
Interxion shares rise 6.2% in debut
Shares of Interxion Holding rose 6.2% in their stock market debut on Friday as the Netherlands data centre company raises it profile in the U.S. market.The stock closed at US$13.80 on the New York Stock Exchange after climbing as high as US$15.40, or 18.5% above its IPO price.
Amsterdam-...
Force10 Networks to increase presence worldwide
With the internet generating an immense amount of data traffic, Force10 Networks is poised to capitalise on this, and expand its presence across industries worldwide. "There is an ever growing need for data to be stored, moved, accessed or switched. We are in a terrific market at present to...
Fujitsu cuts outlook, still waiting for IT rebound
Fujitsu, Japan's largest IT vendor slashed its full-year operating profit forecast by more than a fifth as persistent weak demand for its data centres and other services defied expectations for a rebound.
Whereas U.S. IT service companies have been better able to tap islands of burgeoning...
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