Carl Icahn excoriated eBay in an open letter, charging the online auction company of "multiple lapses in governance."» Read More
*Lenovo could pay between $2- 2.5 bln for IBM's unit. Jan 23- Lenovo Group Ltd is nearing an agreement to buy International Business Machines Corp's low-end server business for $2- 2.5 billion, a deal that would help the Chinese company counter the shrinking personal computers market, people familiar with the matter said.
Jan 22- Lenovo Group is close to an agreement to buy International Business Machines Corp's low-end server business, according to two people who are familiar with the matter. While the exact price could not be determined, Lenovo is expected to pay less than $2.5 billion for the unit, the sources said.
Jan 22- Japan's Fujitsu Ltd is considering buying International Business Machines Corp's low-end server business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Fujitsu and IBM could not be reached for comment. Lenovo and IBM failed to reach an agreement last year over the business after differing on pricing.
*IBM server unit value likely $2.5- $2.9 bln- analyst. NEW YORK/ HONG KONG, Jan 20- China's Lenovo Group Ltd has resumed talks to buy International Business Machines Corp's low-end server unit, a source familiar with the matter said- a purchase that would bolster its efforts to diversify beyond a shrinking PC market.
NEW YORK, Jan 20- China's Lenovo Group Ltd has resumed discussions to buy International Business Machines Corp's low-end server unit, a source familiar with the matter told Reuters. Bloomberg, citing a person with direct knowledge of the matter, said Lenovo was in serious discussions to buy the unit and that a deal may be signed within weeks.
Jan 20- International Business Machines Corp is thinking of selling off its low-end server business and Dell Inc may be among potential bidders, the Wall Street Journal reported, citing sources.
Sometimes Cramer tells a caller that he needs to do homework before he can make a decision on a stock. He's not kidding.
The Chinese company had the dubious honor of shipping the most PCs last year—the worst in the industry's history.
UPS, embarrassed by deliveries that failed to reach clients in time for Christmas, may have a shrunken fleet of jets to blame. The WSJ reports.
StellaService, which rates retail customer service, scored sites on meeting promised delivery dates on holiday orders.
Michael Dell, Dell chairman & CEO, explains why he thinks the market for laptop and desktop computers remains strong. The demand for PCs is up double-digit, Dell says.
Dell Chairman & CEO Michael Dell says the company has been growing since it became a private company several months ago, with a lot of help from tablet sales.
NEW YORK, Dec 3- The star witness in the government's case against SAC Capital Advisors portfolio manager Michael Steinberg faced aggressive questioning on Tuesday from Steinberg's lawyer, who sought to discredit his earlier testimony.
NEW YORK, Dec 2- SAC Capital Advisors portfolio manager Michael Steinberg deliberately avoided telling his boss Steven A. Cohen that he was trading on Dell Inc with inside information, a former analyst at the hedge fund testified on Monday.
NEW YORK, Dec 2- Portfolio manager Michael Steinberg sought to warn SAC Capital Advisors founder Steven A. Cohen that he was trading in the opposite direction to bets that were based on inside information, a former analyst at the hedge fund testified Monday.
NEW YORK, Nov 27- A former analyst testified on Wednesday that SAC Capital Advisors portfolio manager Michael Steinberg pushed him to obtain "edgy" information about technology companies after he had made money-losing recommendations.
Nov 27- Hewlett-Packard Co shares soared near their 52- week high on Wednesday after investors saw signs a turnaround plan was gaining traction, but Wall Street worried the improvement was coming at the expense of margins.
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SAN FRANCISCO, Nov 26- Hewlett-Packard Co beat revenue forecasts as sales growth in its enterprise group inspired cautious optimism about the company's turnaround plan, and its shares rallied more than 7 percent.
Opposing portrayals of a former trader at SAC emerged during opening statements at his criminal insider trading trial in Federal District Court.