Stories about: Wall Street

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    Wall Street Beat: After yearly high, doubts remain for tech 20/11/2009 09:22:00

    In a tumultuous week on the market, the attention of IT investors was captured by a mixed bag of acquisition activity and earnings news from the hardware and chip arena -- a sector that is supposed to help lead tech out of the recession.
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    Dell's Q3 profit slides 54 percent 20/11/2009 08:34:00

    Dell reported third-quarter profits on Thursday that were down 54 percent from this time last year, though the company said it was encouraged by a slight uptick in sales from the prior quarter.
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    HP pushes thin clients with new hardware, tools 17/11/2009 16:09:00

    Hewlett-Packard is trying to tackle concerns about the cost and complexity of thin-client computing with new products and tools announced Tuesday.
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    Would Nokia-Palm merger spell doom for WebOS? 17/11/2009 06:49:00

    If I had a dollar for every instance of misguided Wall Street speculation, I might be richer than a trader, but let's just imagine that Nokia will acquire Palm, as reported on Friday.
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    AMD and Intel patch things up, HP buys 3Com 14/11/2009 08:49:00

    We had a blockbuster deal this week, with Hewlett-Packard saying it plans to buy 3Com, and a blockbuster settlement, with Advanced Micro Devices and Intel ending a long-running legal dispute. By midnight tonight, Google, the Authors Guild and the Association of American Publishers are supposed to file a revised book-search settlement proposal, which could add to our top stories list for the week. For now, though, what follows are our top IT headlines of the moment.
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    Logitech's LifeSize buy bewilders 12/11/2009 07:27:00

    Logitech's only video products are commodity Web cams, but that will change when the company closes a deal to buy high-definition videoconferencing vendor LifeSize Communications.
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    Cisco undervalues Tandberg, investment firms say 09/11/2009 06:51:00

    Two investment consulting companies laid out objections to Cisco's US$3 billion offer for Norwegian videoconferencing vendor Tandberg on Friday, saying in an open letter to Cisco and a press interview that the bid undervalues Tandberg.
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    Apple to ink Verizon-iPhone deal next year, analyst says 29/10/2009 07:02:00

    Apple will probably drop its exclusive deal with AT&T next year and offer its iPhone to Verizon subscribers as well, a Wall Street analyst said today.
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    Report: Former AMD CEO Ruiz was source in scandal 28/10/2009 11:52:00

    Former Advanced Micro Devices CEO Hector Ruiz allegedly shared confidential information with a Wall Street trader connected to an insider-trading scandal, according to a news report on Tuesday.
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    BlackBerry Storm 2 arrives Wednesday 28/10/2009 02:46:00

    Research In Motion's BlackBerry Storm 2, the long-anticipated follow-up to the original BlackBerry Storm, will arrive on Verizon's network tomorrow. The Storm 2 will go on sale on Wednesday, October 28 for US$280 when you sign a two-year service contract with Verizon Wireless. Verizon is offering a $100 mail-in rebate, which knocks the price down to $180, but that rebate comes in the form of a Visa debit card, not an actual check.
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    Extreme Networks replaces CEO, lays off 70 24/10/2009 11:05:00

    Ethernet switch vendor Extreme Networks is replacing its CEO and laying off 70 employees in an effort to quickly improve the company's bottom line and set it up to run profitably with lower revenues.
 
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