European Union regulators have extended their review of plans by U.S. software firm Oracle to buy Sun Microsystems for $7 billion, giving Oracle more time to tackle concerns the deal may be anti-competitive.
The Dow eked out a gain Tuesday in light, choppy trading following Monday's rally. Health-care, utilities and materials were the best-performing sectors.
Stocks opened slightly lower Tuesday as investors took a breather after Monday's rally — but it was a short-lived breather with stocks bouncing back within the first hour of trading.
Futures indicated a slightly lower open for the U.S. stock market on Tuesday amongst mixed reports from corporates on earnings, outlook and employment and ahead of the Veterans Day.
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.
Thursday, 22 Oct 2009 | Source: The Associated Press
The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, after falling in five of the past six weeks.
Stocks advanced Wednesday as investors were encouraged by a few earnings reports, including Morgan Stanley, Yahoo and SanDisk. The VIX, widely considered the best gauge of fear in the market, dropped to just above 20.
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