Hewlett-Packard upgraded at Credit Suisse as printer business bottoms, PC sales look upSeptember 22nd, 2009 Hewlett-Packard upgraded by Credit SuisseNEW YORK — Credit Suisse upgraded Hewlett-Packard Co. on Tuesday, calling a bottom to its printer business and pointing out improving demand for computer hardware.
IBM's 2nd-quarter sales expected to dip, but profit seen higher in Thursday's reportJuly 16th, 2009 Ahead of the Bell: IBM to post 2Q resultsSAN FRANCISCO — IBM Corp. will report second-quarter results Thursday amid an unsettled technology market that's been sending mixed signals.
Hewlett-Packard re-brands EDS as HP Enterprise Services a year after $13.2 billion acquisitionSeptember 23rd, 2009 HP re-brands EDS as HP Enterprise ServicesPALO ALTO, Calif. — Hewlett-Packard Co.
Xerox joins race to boost tech offerings with $6 billion deal for Affiliated Computer ServicesSeptember 30th, 2009 Xerox in $6B deal to expand tech services businessNEW YORK — Xerox Corp. said Monday it will buy Affiliated Computer Services Inc.
Dell to buy Perot Systems for $3.9 bnSeptember 21st, 2009 SAN FRANCISCO - Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information technology consulting, the company announced Monday. The bid price of $30 a share represented a 68-percent premium on the share price of the company founded in 1988 by former independent presidential candidate Ross Perot.
HP elects software pioneer Marc Andreessen to boardSeptember 17th, 2009 HP elects Marc Andreessen to boardPALO ALTO, Calif. — Hewlett-Packard Co.
Meltdown 101: At a quarter's end, earnings warnings can bring new ideas about the economyJuly 9th, 2009 Meltdown 101: Why do earnings warnings matter?NEW YORK — It's report card season on Wall Street and investors are bracing for bad news. With the April-to-June quarter over, this is the time when companies could come out with warnings that their earnings will fall short of expectations.
IT Industry will be Back on Track in 2010 in Terms of Growth: Hewlett Packard Co.September 26th, 2009 The Chief Executive Mark Hurd of Hewlett Packard Co told an audience at the company's yearly analyst meeting on Thursday that IT industry is going to witness growth during the year 2010. The IT spend is expected to bounce back during the next fiscal year.
Tech shares pull market higher ahead of Google, IBM numbers; Financials lag on unease over CITJuly 16th, 2009 Tech stocks rise ahead of Google, IBM reportsNEW YORK — Investors pushed stocks higher on hopes for more good earnings from big technology companies. Tech shares pulled the market higher again Thursday, a day after stocks surged on a strong forecast from chip maker Intel Corp.
Intel sales exceed subdued forecasts, chip maker absorbs $1.45B European Union antitrust fineJuly 14th, 2009 Intel shares soar as chip maker tops soft forecastSAN FRANCISCO — Intel Corp. offered support Tuesday for its assertion that the computer business is rebounding, even as other parts of the industry throw off mixed signals.
Oracle, Sun link up for new database machine; in doing so, Oracle snubs HPSeptember 15th, 2009 Oracle, Sun link up for new product; HP snubbedSAN FRANCISCO — With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp.
World markets buoyed by Intel, Goldman Sachs earningsJuly 15th, 2009 World markets buoyed by Intel, Goldman SachsLONDON — World stock markets rose Wednesday after a raft of upbeat U.S. earnings — particularly from chip maker Intel Corp.
Dell's 2Q numbers show PC industry staggering back to feet, helped by consumersAugust 28th, 2009 Dell's numbers show PC industry staggering backSAN FRANCISCO — Dell Inc.'s second-quarter results reinforce what other tech heavyweights have shown recently about the health of the personal-computer industry: it's still wounded by the recession, but is staggering back to its feet, thanks to consumers, bargain prices and little "netbook" laptops for surfing the Internet. The Round Rock, Texas-based company reported Thursday that profit fell 23 percent and sales fell 22 percent in the May-July period.
Dell to buy Perot Systems for about $3.9B in cash, taking another step beyond the PC marketSeptember 21st, 2009 Dell eyes tech services with $3.9B deal for PerotNEW YORK — Dell Inc. will spend $3.9 billion for the technology services company Perot Systems Corp.
Wal-Mart expands low-price PC offerings for back-to-school season in campaign for new marketsJuly 23rd, 2009 Wal-Mart expands PC offeringsNEW YORK — A move by Wal-Mart Stores Inc. to offer more and lower-priced laptops could give it an edge over key rival Best Buy Co.