Ram shriram net worth Ram shriram net worth NOV. 2009 Forbes – $1.2 Billion Age:52 Ram Shriram is the founding board member of Google Inc. and one of the first investors in Google Inc owns 3.4 million shares of Google as of 2010.
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Colgate Second-quarter profit climbed to $561.6 million
Colgate Second-quarter profit climbed to $561.6 million, or $1.07 per share, from $493.8 million, or 92 cents per share, a year earlier. Analysts on average expected $1.05 per share, according to Reuters Estimates. Sales fell 5.5 percent to $3.75 billion, weighed down by the stronger U.S. dollar, which cuts into the value of international revenue. [...]
Exxon Profit Down 66% as Oil Price Drop Leaves Mark
Exxon earnings for the April-June period came to $3.95 billion, or 81 cents a share. That was down from $11.68 billion, or $2.22 a share, a year ago, a record at the time. Revenue fell 46 percent to $74.5 billion from $138.1 billion a year ago. Analysts, on average, had forecast revenue of about $71.3 [...]
US economy shrank at an annual pace of 1% in the April-to-June quarter
The US economy shrank at an annual pace of 1% in the April-to-June quarter, government figures have shown. The data was better than expected, but marked the longest period of decline since records began in 1947. Analysts said the data suggested that the worst could be over for the US economy, which has now been [...]
Accounts frozen in Stanford probe
Serious Fraud Office has said it has frozen $100m (£60m) of assets in London in connection with Sir Allen Stanford’s alleged $7bn fraud. Following a request from the US Department of Justice, the SFO froze a number of accounts held “at certain London financial institutions”.
Hewlett Packard to cut 700 jobs
Hewlett Packard to cut 700 jobs A total of 700 manufacturing jobs are to be cut at the Hewlett-Packard plant in Erskine near Glasgow. The company is to close its manufacturing operations in Scotland and Germany and transfer the work to the Czech Republic. About 1,300 people are employed by the electronics firm in Erskine [...]
Dell’s profits slump 63%
Dell has seen its latest quarterly profits decline by almost two-thirds as the worldwide recession continues to hit sales of computers. The world’s second-largest maker of personal computers made a net profit of $290m in the three months to 1 May, down 63% from $784m a year ago. Revenues at the firm fell 23% to [...]
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