BlackBerry said it plans to release security updates for Android and iOS devices by Friday to address the "Heartbleed" security threat.» Read More
Stocks ended mixed on Monday as investors cast a wary eye on rising interest rates ahead of the Fed's two day meeting this week.
What many see as outrageous or obscene compensation for chief executive officers is back in the limelight after some high profile pay packages lately. The WEF meeting is tackling the issue by asking basic questions: What’s an appropriate level for top managers? Who defines “appropriate” and how? Should a CEO’s pay be linked to the company’s performance? The contrarian view is that there is little or no direct link between pay and performance and coupling the two might be detrimental because CEOs would cut corners to boost their pay, eroding the company’s long-term prospects. (More)
EMC, the world's largest maker of data storage gear, said on Tuesday its quarterly profit more than doubled, boosted by a tax gain and higher software and systems sales.
Sun Microsystems tapped semiconductor maker Intel to supply it with chips for servers and workstations, and the chief executive officers of both companies told CNBC they'll work together to develop future products and promote one another's technology.
Hewlett-Packard extended its lead over Dell in the worldwide personal-computer market in the fourth quarter, according to reports released Wednesday by two top technology research firms.
Microsoft shares have been on a run in the last six months – moving up almost 58 percent. That, of course, is due in part to the impending release of the company’s most important product in years – Vista.
Hewlett-Packard announced research that could help create chips up to eight times denser than integrated circuits currently being produced, while using less energy.
Lots of corporate headlines are already getting attention ahead of the open. Stocks in the U.S. are lining up to open higher at this point, and earnings will be the big focus. After making gains yesterday, European stocks are mixed with a flattish performance, and Japanese stocks were little changed to the downside.
The Dow scored its second record close in a row and the Nasdaq had its best week in four months as buyers snapped up oil, financial and technology stocks ahead of next week's earnings reports.
Federal prosecutors are poised to score their first victory in their investigation of Hewlett-Packard's ill-fated boardroom spying probe, after a private investigator agreed to plead guilty to identity theft and conspiracy charges.
Dell said Wednesday that the head of its commercial business group would retire in March and the No. 2 PC maker plans to split that unit into two as it streamlines its business.
Just a few days away now from what promises to be an absolutely blockbuster week in the world of electronics, beginning with the massive Consumer Electronics Show in Las Vegas ... CES will be attended by 145,000 registered guests, 2,600 exhibiting companies spread across 35 football fields. But this year's show gives us pause to look back since CES celebrates its 40th anniversary.Ironic since this past December 28, I celebrated my 40th birthday as well. Ironic still since my wife took me away to a decidedly low-tech, nature-infused Calistoga Ranch in California's Napa Valley. As I absorbed the phenomenal scenery, the extraordinary attention to every detail, the attentive service, the wine, the spa, the food, all the relaxation gave my mind a chance to wander: preparing for the electronics extravaganza ahead while letting my mind drift to my first CES in 1994 ...
The war over the next generation of DVDs might be reaching an impasse, without one clear winner. Julia Boorstin closed out “Power Lunch” with the details on the DVD format war.
As we end for today, we can safely report it's been a banner year for stocks--by just about everyone's measuring stick. Bonds didn't so bad either. Blue chips were certainly the big standouts of 2006. The Dow Jones industrial average--the index of 30 of the nation’s biggest companies, hit record levels dozens of times since closing at 12,011.73 on Oct. 19. It's since surged to an intra-day high of 12,529.87. All this despite....
Stocks pulled back fractionally as a late-day selloff prevented another record day for the Dow, while the Nasdaq and S&P 500 finished slightly lower as well.
Stocks ended the day on the downside with more deals and earnings news driving the momentum on Wall Street today. All three major indexes closed down fractionally. The Dow Jones Industrial Average traded in a narrow range of about 40 points. More from Mary Thompson, CNBC’s “Eye on the Floor.”
Two U.S. lawmakers have questioned the timing of Hewlett-Packard Chief Executive Officer Mark Hurd's exercise and sale of $1.37 million in stock options on the day he was interviewed by attorneys hired to review the company's leak investigation.
Microsoft and Hewlett-Packard plan to announce an "enterprise agreement" Wednesday without disclosing any details about the deal.
Computer maker Hewlett-Packard still has more cost-cutting ahead, even after a massive restructuring that began last year and sliced the company's work force by 10%, Chief Executive Mark Hurd told analysts.
"2006 was an important year. We're a company that's transforming, not transformed. We still have a lot of work left to be done." That's the upshot from HP CEO Mark Hurd addressing a couple of hundred Wall Street analysts and assembled media at the Sheraton New York this morning.