IBT Staff Reporter

153811-153840 (out of 154943)

Alien Technology CEO Steps Down

Alien Technology Corp., maker of radio frequency identification (RFID) circuits, said on Thursday that its current CEO will step down to assume the new position as Executive Advisor.

AOL to Deliver Custom Email Addresses

The online arm of Time Warner introduced a new service on Thursday allowing users to create a fully customizable email address, including the domain name.

Intel and Siemens to Build Second-Gen VOIP

Intel Corporation and Siemens Communications announced on Wednesday a collaboration to bring second generation voice-over-internet-protocol (VOIP) technologies in a jointly funded project.

Microsoft Unveils Zune Media Player

Microsoft unveiled the first official details about its new Zune media player on Thursday, touting the device as a connected multi-media device.

IT Marketing to Increase at Record Rates

According to data released on Thursday, information technology companies are projected to have increased their marketing budgets at the highest increase rates in five years.

Top Drug Makers Seen Eyeing Bristol Purchase

Several of the world's top drugmakers may weigh acquiring Bristol Myers Squibb Co. after it fired its chief executive, although suitors seem unlikely to bid before next summer, analysts said.

GE to Sell Silicones, Quartz Businesses

General Electric Co. said on Thursday that it had agreed to sell its advanced materials business, which includes silicones and quartz, to private equity firm Apollo Management L.P. for about $3.8 billion in cash and securities.

Ford May Lose Up to $9 Billion This Year

Ford Motor Co. could post a pretax loss of $8 billion to $9 billion this year because of losses at its automotive operations and charges for restructuring, the Detroit News reported on Thursday, citing unnamed Ford sources.

Ford won't have big European reorganization

Ford Motor Co's strategic overhaul will not lead to a big revamp in its profitable European operations, Ford of Europe President and Chief Executive John Fleming said on Thursday.

A Year Later, Time to Reassess Katrina Stocks

Investors who earned big returns in the wake of Hurricane Katrina may want to reassess their storm-related plays now that new contracts for repair work on the U.S. Gulf Coast have slowed.

Oil rebounds above $64

Oil rebounded above $64 a barrel on Thursday as bargain hunting buyers stepped in after a month long rout and a renewed U.S. push for immediate sanctions against Iran

Home shopping boosts retail sales

Strong sales of household goods and a penchant for home shopping helped retail sales rebound in August, suggesting last month's interest rate rise did not deter shoppers.

Water utility AWG gets approach

Shares in AWG jumped more than 11 percent on Thursday after the water company said it had received an approach that could lead to an offer being made for the 2.2 billion pound firm.

Funds Flirt With Scandal-Tainted Stocks

Some of America's most prominent investment firms loaded up on shares in dozens of public companies even as the U.S. government stepped up probes into those companies use of option grants.

John Lewis H1 sales up

Retailer John Lewis Partnership on Thursday posted an 11 percent increase in group sales to 3.0 billion pounds

Kingfisher profit falls

Europe's largest home improvement retailer Kingfisher on Thursday posted a smaller than expected fall in pretax profit and said its UK business should return to profit growth in the second half.

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