The local sharemarket rose to a 4 1/2-year high yesterday as the economic outlook for the US and China brightened and eurozone worries eased, with National Australia Bank spiking higher on reports of a cost-cutting plan. The benchmark ...
Tags: sharemarket, benchmark, shares traded
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Intel says it will sell a set-top box that brings internet-delivered movies and shows to a TV set this year. Erik Huggers, general manager of Intel Media, said the company plans to sell a box that will offer "a vastly superior experience" ...
Tags: Intel, Top Boxes, internet-delivered movies
Mexican glassmaker Vitro said on Monday that it is in talks with its creditors in the United States. The company made the comment to Mexico's stock exchange in a short statement that did not give further details. Vitro has been fighting ...
Tags: Mexican glassmaker, Vitro, creditors
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
Australian subscribers will pay $119 per year for what Microsoft calls its Office 365 Home Premium - more than US subscribers who will pay $US100 per year. Its release comes six months after Microsoft previewed the new-look Office, which ...
Stocks advanced to a new 21-month high yesterday, led by the banking and telecommunications sectors, as investors continued to chase higher-yielding investments. The market, which began the day sluggishly following a disappointing report ...
Tags: Stocks, banking sectors, telecommunications sectors, China
Driller Transocean has agreed to pay $1.4 billion in fines and penalties and to plead guilty to one count of violating the Clean Water Act in connection with the 2010 Deepwater Horizon explosion and spill in the Gulf of Mexico, the US ...
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market. Apple, ...
Tags: Tech stocks, IT vendors, technology market, Apple, Facebook, SAP
The Atlantic Coast ULSD differential surged Thursday, with most of the runup occurring during afternoon trading. Platts assessed Atlantic Coast ULSD for Buckeye Pipeline at the NYMEX January heating oil futures contract plus 8.75 ...
Specialty glass maker Corning Inc (GLW.N) has won U.S. approval to buy a division of Becton Dickinson & Co (BDX.N) that makes specialized labware, but must help Sigma-Aldrich Co (SIAL.O) enter that market, the Federal Trade Commission said ...
Tags: Corning, glass maker, Benton Assets
IDG News Service-News of weak server sales,continuing turmoil at Hewlett-Packard and the ongoing U.S.political impasse over the so-called"fiscal cliff"have not given tech industry watchers much to cheer about this week. Major IT companies ...
Tags: tech industry, HP, server sales, Microsoft, IBM, Intel
Hewlett-Packard has outlined a turnaround plan that includes slashing the number of PC models it sells by 25 percent over the next two years. At its financial analyst day in San Francisco on Wednesday,HP also painted a weak financial ...
Tags: HP, cut PC models, stock price, Meg Whitman
Quarterly earnings from some of the biggest tech companies in the world this week were decidedly mixed,but showed some signs of strength,particularly in enterprise IT spending. Tech vendors with exposure to the hardware market have ...
Tags: tech companies, PCs, Intel, smartphone