NEW YORK-- McKesson Corp., which distributes prescription drugs and provides information technology services, said Thursday that its net income slipped 1 percent in the fiscal third quarter because of a legal charge affecting its Canadian operations and a product charge that hurt its technology business.
Jan 23- Societe Generale upgraded IBM Corp's stock to "hold" From "sell", saying the world's largest technology services company would be able to increase revenue as technology spending improves in the second half of 2012, especially in Europe. It closed at $196.06 on the New York Stock Exchange on Tuesday.
DETROIT, Jan 10- General Motors Co will open a third U.S. information technology center as part of its plan to bring that work in-house and improve the automaker's efficiency and productivity. GM said on Thursday it will hire about 1,000 people, including software developers, database experts and business analysts, to staff the center near Atlanta.