Israeli technology companies, once the darlings of New York's Nasdaq, have turned their backs on the exchange and are looking for suitors to acquire them.
Xerox Corp's. profit and revenue rose in third-quarter as it signed more long-term deals to provide business services to companies.
Apple shares lost 5.6 percent of their value Wednesday after narrowly missing analyst estimates for fourth quarter earnings.
Apple shares opened down about 4.3 percent after the world’s most valuable company reported fourth-quarter results that narrowly missed analyst estimates.
Apple reported full-year revenue of $108 billion, firmly establishing it as one of the world’s top technology companies. Fourth-quarter earnings of $6.2 billion exceeded analyst estimates, but revenue of $28.3 billion fell slightly shy of them.
Oracle announced plans to acquire privately held Endeca, a leader in business intelligence analysis to explore unstructured data.
While Apple’s fourth quarter results won’t be known until late Tuesday, one thing is nearly certain: for the first time annual revenue will exceed $100 billion, maybe by as much as $10 billion.
S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.
U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.
World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth data and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.
IBM's quarterly revenue and services signings barely met Wall Street forecasts, underscoring investors' fears about slower information technology spending and depressing its stock more than 3 percent.
IBM, the No. 2 global technology company, reported third-quarter results that narrowly beat analyst expectations. They could be a bellwether for the entire technology sector.
IBM, the No. 2 global technology company, is scheduled to report third-quarter results late Monday. They could be a bellwether for the entire technology sector.
Eastman Kodak will license about 50 patents to Imax to allow the entertainment provider to expand projections in its specialized giant-screen. The news may have sent Kodak shares up 7 percent in Monday trading.
Newsweek ranks greenest U.S. and global companies.
Stock futures pointed to a higher open for equities on Wall Street on Monday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.9 percent.
With one-third of the Dow components and crowd favorite Apple reporting results next week, U.S. stocks are setting the stage for another week of gains.
Internet entertainment site Hulu is no longer for sale, keeping it for now under the umbrellas of media giants Walt Disney, News Corp. and Comcast UniversalNBC.
Dear Tim Cook, Apple CEO: Now that you are essentially betting Apple on iOS 5 and a whole family of iPhones, iPods, iPads and Macs that run it, you've just been handed a great case study by your Canadian rival, Research in Motion. For three days, BlackBerry customers worldwide couldn't access e-mails. This, the company said, was due to a server problem in England.
A billionaire and one-time hedge fund industrialist Raj, Rajaratnam who was arrested in the biggest Wall Street insider-trading is set to face his punishment in a Manhattan courtroom Thursday.
If Apple truly is “insanely great” as co-founder Steve Jobs would have it, the availability of iOS 5 could be his true will and testament. It's a gigantic effort to seal loyalties of as many as 250 million global customers who will upgrade their current products, then set the stage for the roll-out of iPhone 4S, prospective iPhone 5, iPads and more.
Box.net raised $81 million in funding on Monday. The cloud computing company is the darling of Silicon Valley, but can it compete with the likes of Amazon or Microsoft?