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.
Intel, the world’s largest chip maker, has for years used large rebates and co-marketing arrangements to talk Dell and other manufacturers into sticking with its products rather than increasing their business with A.M.D., according to a lawsuit filed by the New York attorney general's office. The New York Times reports.
Tech heavyweights Cisco Systems and EMC dampened speculation the two companies would merge as they announced Tuesday a broad partnership to develop data center technology, taking on rivals IBM and Hewlett-Packard.
IBM said its board approved an additional $5 billion in share repurchases, bringing the company's total stock buyback program to $9.2 billion in a reflection of the company's strong cash flow.
The Obama Posse is hellbent-for-leather on a misguided crusade to rein in the one clear growth engine of the American manufacturing economy: high-tech.
Wednesday, 2 Sep 2009 | Source: The Associated Press
Uncertainty about Sun Microsystems' future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday.