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Saturday, March 27, 2010

Samsung's withdrawal of 5.85 billion takeover offer SanDisks

bizjournals: AT & T third-quarter profit rose 5.5%

The largest U.S. telecom operator AT & T Wednesday release of its 2008 fiscal third quarter results. Showed a profit, thanks to strong sales of iPhone, the company's third-quarter profit rose 5.5%, reaching 3.23 billion U.S. dollars.
However, the impact of the cost subsidized by the iPhone, its third-quarter profit below analyst expectations Laptop battery.

According to foreign media reports, AT & T third-quarter results showed that in the third quarter, ending by the end of September, the company profit of 3.23 billion U.S. dollars, 55 cents per share. Same period last year, its net profit of 3.06 billion U.S. dollars, earnings per share of 50 cents.

In the third quarter, AT & T because of iPhone mobile phones than expected amount of subsidies, which reduced third-quarter profit of 10 cents per share VGP-BPS8.

Later Tuesday, AT & T worldwide iPhone sold 6.7 million, its shares rose in after-hours trading in the day 3%.

AT & T added 2 million the third quarter of mobile phone users, instead of its traditional phone business continued to loss, revenue fell 8.1% to 9.5 billion. The number of users of its broadband business also increased 128,000.

Associated Press: Samsung acquisition of SanDisk withdraw the plan to give up 5.85 billion U.S. dollars takeover offer

Samsung Electronics Wednesday announced that it has given up to 58.5 quadrillion U.S. dollars acquisition of SanDisk takeover plan. Samsung's SanDisk that a value of less than this price VGP-BPS9 .

According to foreign media reports, the Samsung Group Vice Chairman Yoon-Woo Lee on Wednesday sent a letter to SanDisk chairman, said: "Samsung is no longer interested in acquiring your company, we will withdraw the previous offer Dell xps m1330 Battery."

Samsung believes that, after nearly 6 months of efforts, the companies have yet to see meaningful progress this transaction, SanDisk does not appear to motive for this transaction.

At the same time, SanDisk in the third quarter, a sharp loss, net loss reached 155 million U.S. dollars. Samsung believes that once the risk of investment will result, it was decided to abandon the price of 26 U.S. dollars per share for SanDisk acquisition.

September 16, Samsung officially offered to 26 U.S. dollars per share, a total of 5.9 billion U.S. dollars to buy SanDisk, but SanDisk has been refused xps m1530 Battery, the latter considered that the offer undervalued the company's real value.

Tuesday, SanDisk shares on the Nasdaq market, down from 0.28 to 15.04 U.S. dollars, down 1.9%.

United Kingdom

VNU NET: Yahoo's third-quarter profit decline in the number of higher-than-expected job cuts

Yahoo recently revealed that, due to the company's quarterly results are not satisfactory, the proportion of layoffs will be greatly higher than expected.

According to foreign media reports, Yahoo, Xinhua reported Monday, the company ended September 30 in the third quarter net profit fell to 54.3 million U.S. dollars, with 151 million U.S. dollars last year decreased by nearly 60%.

As a result, Yahoo plans to lay off ten per cent of all the staff number more than 1,500 people, higher than previously expected number of 50% HP pavilion dv9000 Battery.

Yahoo co-founder and CEO Jerry Yang (Jerry Yang) said: "The third quarter operating means we have taken will be short-term operating cash flow positive at the same time be able to fully enhance the company flexibility in the process of long-term competitive and adaptability. "

Yang said the decline in consumer spending caused by the last quarter a major factor in Yahoo's profit down, the company hopes to save through layoffs and other measures, 400 million U.S. dollars of expenditure.

Yahoo said it expects the number of layoffs, or will be higher than expected, reaching more than 2,000 people. Yahoo trying to reduce expenses in order to save existing assets HP Pavilion dv3 battery.

Yahoo president Susan Decker (Sue Decker), said: "We are a profound reflection on the cost structure, to come here to find an opportunity to improve efficiency and establish a more powerful Yahoo."

The news raises concerns about Yahoo's investors, activist investor Carl Icahn (Carl Icahn) and British Petroleum Investment Company CEO Enpikensi (T. Boone Pickens) predicted Yahoo will likely eventually be acquired by Microsoft.

The news of layoffs Yahoo stock edged up, more than 12 U.S. dollars, but this is still only half of its stock last year, only.

Reuters: KDDI second-quarter profit growth of 27% is expected to 08 the fiscal year will show a stable vgp-bps2c battery

Japan's second-largest mobile phone operator KDDI announced Wednesday fiscal 2008 second quarter results showed the company's second quarter from July to September quarter over quarter operating profit increased by 27%. The company expects its full-year operating profit will be weak in the global economy, a stable performance under adverse conditions.

According to foreign media reports, KDDI reported a second-quarter operating profit increased 27% quarter over quarter, to ¥ 135,000,000,000 (about 1.38 billion U.S. dollars).

In June of this year, following Japan's largest mobile phone operator, DoCoMo, and after the third-ranked Softbank, KDDI has also introduced a discount to buy phone service access to Hua Fei, a strong impetus to move KDDI profit growth.

KDDI President and Chairman of correcting Onodera (Tadashi Onodera) said that despite the global economic downturn from the current view of the mobile phone industry is not too great, but the mobile communications industry need to exercise constant vigilance to guard against the financial crisis will bring about the adverse effects of .

It is learned that, KDDI's mobile phone sales in the second quarter from 4.08 million last year slipped to 2.7 million men. The company expects the global mobile phone sales this fiscal year compared with the previous fiscal year will fall 9% to 14.4 million Acer Aspire 3810 Battery.

KDDI stock prices over the past six months fell by 19%, outperforming the Nikkei fell 36%. Most investors believe that the global financial crisis and a bleak economic outlook, the telecom stocks as a safer investment.

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