IBT Staff Reporter

82111-82140 (out of 154948)

Lenovo and NEC in Japanese joint venture to sell PCs

Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rivals such as Hewlett-Packard and Dell.

BP seen reinstating dividend

Oil giant BP Plc is expected to reinstate its dividend when it unveils fourth quarter earnings on Tuesday, after it canceled the payout at the height of the oil spill last summer.

AT&T revenue, subscribers misses analyst view

AT&T Inc posted revenue that missed Wall Street estimates and its wireless subscriber growth was also slower than expected in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone, sending shares down 3 percent.

Sony takes on DS and smartphones with new handheld

Sony Corp unveiled a new handheld gaming device and announced it would make PlayStation games available on other makers' hardware, as it battles with Nintendo's DS and tries to fend off competition from Apple Inc's iPhone.

Brittany Murphy's House in the Hills in Foreclosure

Deceased actress Brittany Murphy's home in the Hills above the Sunset Strip in Los Angeles, CA has invited foreclosure and has been slapped with a Notice of Sale with an opening bid of $4,035,666, according to the reports.

Snow boosts jobless claims, durable orders mixed

New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.

Queen Latifah rents Jane Fonda's Atlanta condo

Queen Latifah, rapper/record producer/actress, has rented the Hollywood royal Jane Fonda's Atlanta condominium for a short-term period. Fonda recently decided to move back to Los Angeles and bought a one-bedroom in the Sierra Towers, according to the Aol Real Estate.

Security segment lifts Tyco profit above Street

Tyco International Ltd's quarterly earnings more than doubled, beating Wall Street expectations amid sharply higher profits at the industrial conglomerate's security business, which includes the former ADT Worldwide service.

Sony's NGP handheld to take on DS and smartphones

Sony Corp unveiled a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off competition from smartphones including Apple Inc's iPhone.

Futures point to mixed open for Wall Street

Stock index futures pointed to a flat to weaker start for Wall Street on Monday, with futures for the S&P 500 down 0.1 percent, while futures for the Dow Jones and the Nasdaq traded flat by 5:18 a.m. EST.

Stocks give U.S. school endowments a boost in 2010

America's college and university endowment funds recorded an 11.9 percent return last year, aided by big bets on alternative investments like hedge funds but helped even more by traditional stock and bond selections.

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