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Petrofac Upbeat on Growth, Secures Buy Rating

Petrofac Limited, the provider of facilities solutions to the oil and gas production and processing industry, with continued growth, high levels of backlog, exceptional revenue visibility is scheduled to report its preliminary results on March 5, 2012.

HSBC Delivers Record Performance

HSBC Holdings, the global banking and financial services organisation, has reported a robust performance for the year ending December 31, 2011 with profit before taxes of $21.9billion.

HSBC Earnings Expectations From Credit Suisse, Nomura

Credit Suisse and Nomura Securities have set new price targets and recommendations for HSBC Holdings as the global banking and financial services Group is scheduled to release its preliminary earnings for the year ended December 31. 2011, on Monday, February 27, 2012.

Apple Claims Defamation at Hands of Proview

Apple has reportedly written a letter on Monday to the Shenzhen-based Proview Technology, with whom it is engaged in a legal battle over the ownership over the iPad trademark in China.

Apple's iPhone Losing China Market Share

Apple Inc's booming China market share has plunged for the second consecutive quarter in October-December, losing out to cheaper deals from local brands like Huawei and ZTE, according to Reuters. The local brands have been promoting their products aggressively through the channel service partners for quite some time now.