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Dixons trading year ends on positive note
Dixons Retail has published trading results for the 16, 28 and 52 weeks ending 28 April 2012, showing sales down but better than expected, writes Linda Endersby. Although total group sales were down 3% over the year the period had a positive end with... News
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Cisco bosses round on Huawei
Cisco's top brass have again shown they have Huawei on their minds, talking extensively about the competition and in particular their response to the growth of their Chinese rival on a conference call marking the end of Cisco's third quarter. Outspok... News
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Leasing becoming an option for cash-strapped firms
More customers are turning to leasing as a way to get access to funds in a bid to catch up on a few years of sluggish IT investment. Research carried out by Equanet has highlighted a three-year gap in technology investment, which is hampering effici... News
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Cloud purchase pays off for ShoreTel, but net profit still elusive
ShoreTel's1 February acquisition of cloud communications vendor M5 Networks looks to be paying off, the firm has revealed. Following the closure of the acquisition on 23 March, CEO Peter Blackmore revealed that ShoreTel's new cloud division made sale... News
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Ingram Micro's MoniƩ fuels midmarket M&A fire
Ingram Micro CEO Alain Monié has spoken again of his willingness to grow the business through acquisitions, pointing to the midmarket as a potential target. Taking analyst questions on the broadliner's Q1 conference call, Monié said: &q... News
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Northamber's strategy starting to stir more optimism
Northamber continues to move away from "high volume but empty revenue" business but has been forced to make redundancies in its logistics operations to keep on track. The costs of the redundancies meant the third quarter numbers were dragg... News
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Avnet sales down on Euro crisis, but margin boost cheers distie
The Eurozone debt crisis weighed heavily on Avnet's third quarter results, dragging down overall sales by just under 6% to $6.28bn (£3.88bn) as both Electronics Marketing (EM)and Technology Solutions (TS)divisions booked double digit declines r... News
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IT insolvencies rise as UK heads back into recession
The number of IT firms hitting the wall grew last month revealing the cost to businesses of struggling to keep trading in a double-dip recession. The latest insolvency figures from Experian might have shown that overall across the economy things rem... News
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Business unit star performer for Virgin Media
Virgin Media Business (VMB)has been hailed as the star performer in comms provider Virgin Media's latest quarter, with 7.1% growth in unit salesto £170.4m contributingclose to50% of the group's overall growth. Total Virgin Mediasales grew 2.4% ... News
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Apple sour on PC tablet convergence
Tim Cook has dismissed the idea thatApple may look to converge its iPad and MacBook lines in the future,and said that while other endpoint hardware vendors may try to go down that route, it would likely be "from a defensive point of view." ... News