More than 1,000 workers have gone on strike at an IBM factory in China, in objection to the terms of their transfer to Lenovo. The FT reports.» Read More
IBM says it has made a breakthrough in converting electrical signals into light pulses that brings closer the day when supercomputing, which now requires huge machines, will be done on a single chip.
Despite last week's relief rally and a widespread belief that the Fed and the executive and legislative branches of government are working on solutions to the subprime mess, there are still Street analysts cranking out reports on the probability of a recession.
International Business Machines said on Monday it plans to buy back up to $1 billion of stock by the end of February.
The market research firm said HP's 13.1 million PCs shipped in the quarter gave it a 19.1 percent share of the market, up from 16.5 percent a year ago, and marked its fifth straight quarter at the top of the global PC market.
Stocks staged one of the biggest rallies of the year as hopes for a Federal Reserve interest cut boosted financial services companies for a second day, while falling oil prices eased concern about higher energy costs.
European Union antitrust regulators suspended their in-depth investigation into IBM's bid to buy Swedish software provider Telelogic, the European Commission said Tuesday.
As the economy slows, Jeff Krumpelman finds strong promise in the chips. The senior portfolio manager for Fifth Third Asset Management specifically likes Intel. It's a large-cap company with a policy of dividend growth.
Keith Wirtz, president and chief investment officer of Fifth Third Asset Management expects at least a couple of large-cap winners to stay in the winning column in 2008, including Apple.
U.S. stock indexes closed lower as a rally in financial shares lost steam late Monday, pushing down markets already pressured by falling tech shares.
IBM said Monday it plans to buy Cognos for $5 billion in cash, a deal that could help it keep pace with rivals in "business intelligence" software
Lenovo, battling Acer for the mantle of world's No. 3 PC maker, smashed expectations with a near-tripling in quarterly earnings thanks to robust PC demand and market share gains.
BEA Systems said Thursday it is prepared to discuss a sale of the company to Oracle Corp. and other potential suitors at a price of $21 per share.
Cramer makes the call on some Georgia Tech students' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Third-quarter earnings are generally coming in better than expected so far, though investors aren't always focusing on the good news.
The markets are having trouble holding their gains for a very simple reason: the decline in building permits suggests further decreases in housing starts in the months ahead. Here is a point where the bears may have some traction...
The good news that tech stocks are, for the most part, living up to the recent price run ups is being slightly overshadowed by the growing evidence that the weakness in the U.S. housing business is spreading into other areas...
The news from tech seems pretty good at first blush, and it's coming from some surprising places. Most notably, the news from Yahoo and the shares are reacting nicely. More than nicely. Yahoo shares scampered 10% as this news trickled out, and I have to say, I'm surprised.
Wall Street will try to shake off its housing induced malaise on Wednesday, with the help of some good earnings news from the tech world. But key inflation and housing data and another batch of major earnings before the bell will be play a big role in deciding the course for stocks.
IBM posted a 6 percent rise in quarterly profit on strength in its services business, but profit margins narrowed.
Stocks fell after Fed Chairman Ben Bernanke said the housing slump is likely act as a drag on to U.S. economic growth, sparking investor concerns. "It was just last month Bernanke was saying things were contained, but now he's saying housing troubles can spread," said Brian Hicks, president of Wealth Daily. "This-flip flop in the last month has really spooked the markets."