Monday, 23 Nov 2009 | Source: The Associated Press
Hewlett-Packard Co., the world's No. 1 personal computer and printer maker, was likely buoyed by a recovering PC market in the latest quarter but worries persist about the health of some of its other businesses.
Saturday, 21 Nov 2009 | Source: The Associated Press
Hewlett-Packard Co. is scheduled to report its fiscal fourth-quarter earnings on Monday after the market closes. Below is a summary of key developments and analyst commentary related to the period.
Galleon Group founder Raj Rajaratnam and five others charged a month ago in the biggest U.S. hedge fund insider trading case will be in talks with prosecutors for at least another month over the allegations against them, court documents said on Monday.
Monday, 16 Nov 2009 | Source: The Associated Press
IBM Corp. said Monday it signed a seven-year agreement worth 55 million euros ($82 million) to provide outsourcing services for Samlink Ltd., a Finnish IT banking services provider.
IBM launched a new cloud computing service on Monday, aiming to take on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc.
Friday, 13 Nov 2009 | Source: The Associated Press
Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the crooked financier's massive Ponzi scheme and were given hush money when they threatened to stop lying, federal prosecutors said Friday.
Friday, 13 Nov 2009 | Source: The Associated Press
An Oppenheimer analyst upgraded shares of Juniper Networks Inc. Friday, saying the company is poised to benefit from a recovery in spending by telecom carriers in 2010.
Acer, the world's No.2 PC brand, posted a quarterly profit roughly in line with market estimates, indicating the company could be sacrificing profitability to increase its market share.
There’s a transition occurring in the tech sector. The traditional sector bellwethers—computer hardware, desktop software, consumer electronics—are no longer the areas of growth. Instead, it’s all about the enterprise.
Stocks appear set to resume this week's rally, after a Wednesday pause that saw the major averages move barely at all. The fresh round of optimism is being sparked by the unexpected profit from Dow component Alcoa, which kicked off third quarter earnings season on an upbeat note.
Hewlett-Packard let the wind out of its sails a couple of weeks ago when it essentially pre-announced earnings with news of the 3Com acquisition... Read More
As Dell prepares to release its earnings Thursday, there's a strange thing happening around this company: Could this company be showing new signs of life even as competition in every one of the markets it serves begins to heat up? ... Read More
Earlier this year, Cisco opened a major front against one-time partners Hewlett-Packard and IBM in the hotly competitive, and fast-growing server market with its blade, and so-called Unified Computing System initiative... Read More
Markets opened higher on Wednesday as the dollar hit a new 15-month low after Federal Reserve reinforced the view that rates will remain low for some time... Read More