ME Newswire / Business Wire

HOUSTON - Monday, October 22nd 2012

Schlumberger Limited (NYSE:SLB) today reported third-quarter 2012 revenue of $10.61 billion versus $10.45 billion in the second quarter of 2012, and $9.55 billion in the third quarter of 2011.

Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.44 billion—an increase of 3% sequentially and 10% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $1.08 versus $1.05 in the previous quarter, and $0.96 in the third quarter of 2011.

Schlumberger recorded charges of $0.02 per share in each of the third and second quarters of 2012 and the third quarter of 2011.

Oilfield Services revenue of $10.61 billion increased 2% sequentially and 11% year-on-year. Oilfield Services pretax operating income of $2.14 billion increased 2% sequentially and 11% year-on-year.

Schlumberger CEO Paal Kibsgaard c ... Read more »

Evaluation Based on Completeness of Vision and Ability to Execute

JOHANNESBURG - Monday, October 22nd 2012 [ME NewsWire]

(BUSINESS WIRE)-- Dimension Data, the global ICT solutions and services provider, today announced it has been positioned by Gartner, Inc. in the Leaders1 quadrant of the Magic Quadrant for Cloud Infrastructure-as-a-Service2. Compiled by Gartner analysts, the Magic Quadrant examined 15 providers of Infrastructure-as-a-Service (IaaS), employing two main evaluation criteria which include ‘ability to execute’ and ‘completeness of vision’.

Brett Dawson, Dimension Data CEO said, “We are extremely honoured to be positioned as a Leader in Gartner’s Magic Quadrant for Cloud Infrastructure-as-a-Service. The leading trend shaping the global IT services landscape is the emergence of cloud computing. We believe our investments in our cloud capabilities are testament to Dimension Data’s commitment to the cloud market, and we remain on track t ... Read more »