A rebound in purchases of personal computers worldwide will lead to a 2.8 percent increase in shipments this year, driven by sales of netbooks, according to a technology research firm.
Oil prices rose toward $80 a barrel on Monday due to weakness in the dollar and signs of buoyant demand from China, the world's second-largest energy consumer.
Stocks finished lower Friday, despite a last-ditch attempt to rally, as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Still , for the week, the Dow gained about 50 points.
Stocks declined Friday as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Merck was among the few gainers today as investors moved into classically safe bets like health care, consumer staples and utilities.
Friday, 20 Nov 2009 | Source: The Associated Press
Shares of Dell Inc. fell after it reported weaker-than-expected revenue and profit for the third quarter as the computer maker missed out on a fledgling rebound in technology spending.
Friday, 20 Nov 2009 | Source: The Associated Press
Shares of Dell Inc. fell Friday after it reported weaker-than-expected revenue and profit for the third quarter as the computer maker missed out on a fledgling rebound in technology spending.
Oil fell nearly 1 percent on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for energy demand.
The computer maker reported financial results that were worse than last year and also fell short of Wall Street expectations, punishing the company's shares.
BRUSSELS (Reuters) - The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker.
The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker.
The S&P 500 fell for a third straight day on Friday after weaker than-expected results from Dell and DR Horton left investors questioning the strength of the recovery.... Read More
Dell reported earnings results that were worse than last year and also fell short of Wall Street expectations, punishing the company's shares... Read More