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Some spots of weakness in the first few days of the holiday shopping season helped pressure stocks as trading resumed today, though shares bounced off their session lows to finish mixed The Dow felt the brunt of retail weakness as a disappointing showing by Wal-Mart weighed heavily on the blue chip index, dragging it lower by as much as 90 points d...
Xandros today announced the release of xDMS (Xandros Desktop Management Server) for remote management of Linux desktops for the enterprise ...
Qwest Communications announced today that it has agreed to a $US250 million settlement with the U.S. Securities and Exchange Commission The deal concludes a two-and-a-half year investigation of the company for alleged fraudulent accounting practices by former executives that resulted in the improper booking of nearly $4 billion in revenue....
Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry into the Puerto Rico MTA A nonbinding letter of intent regard...
Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry into the Puerto Rico MTA A nonbinding letter of intent regard...
Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry into the Puerto Rico MTA A nonbinding letter of intent regard...
Roche, Genentech and OSI Pharmaceuticals today announced positive results from a phase III study of investigational drug Tarceva (erlotinib) in locally advanced or metastatic pancreatic cancer patients The study met its primary endpoint of improving overall survival....
Activity in the Philadelphia region's manufacturing sector continues to improve, according to firms surveyed for this month's Business Outlook Survey released today by the Federal Reserve Bank in Philadelphia While the indicator for general activity fell from its August reading, indicators for new orders and employment improved. Firms reported an i...
Mazda and NEC today announced that Mazda will start testing grid-computing technology. For the trial, NEC will incorporate the technology into Mazda's core business systems to use the distributed IT resources of many servers as one virtual server This trial is a part of the grid-computing project promoted by Japan's Ministry of Economy, Trade and I...
Infineon Technologies AG announced today that it has reached an agreement with the United States Department of Justice, Antitrust Division Infineon will plead guilty to a charge related to the violation of U.S. antitrust laws in connection with the pricing in its Dynamic Random Access Memory (DRAM) business between July 1, 1999 and June 15, 2002....
SugarCRM, developer of Sugar Sales commercial open source customer relationship management (CRM) application built on pure LAMP (Linux, Apache, MySQL, PHP) environments, has the release of Sugar Sales Professional Incorporating Sugar Sales 1.5, a new distribution that also debuted last Thursday, Sugar Sales Professional provides the software optimi...
The semiconductor industry has become inflated with hundreds of vendors competing in a crowded marketplace. However, within 10 years, 40 percent of today's semiconductor vendors are likely to leave the industry, according to new research from Gartner Gartner analysts have identified five trends that the firm believes will lead to significant change...
Federal Reserve Chairman Alan Greenspan gave a mostly upbeat message to Congress about the state of the U.S. economy on Wednesday, but the positive prognosis was not enough to rally stocks While some investors focused on the likelihood of more interest rate hikes, others might have been wondering how a rash of recent midquarter warnings fit into th...
HP has landed a US$55 million contract with 7-Eleven for deploying HP technology at 5,300 U.S. 7-Eleven locations. The five-year rollout schedule comprises more than 5,000 technology packages and on-site installations. HP's customer-support organization will deploy the technology and will provide support services for the products, including servers, storage, networks and printing devices...
Worldwide mobile phone sales surpassed 156.4 million units in the second quarter of 2004, a 35 percent increase from the second quarter of 2003, according to Gartner Gartner analysts said all regions experienced healthy sales of mobile phones in the second quarter....
Software developer Quark has made moves recently to improve its customer relations and to increase its focus on the European market "From the inside out, we're reassessing the way we do business and the quality and effectiveness of the solutions we develop to help our customers," Quark CEO Kamar Aulakh said....
EMC, an information-management vendor, appointed Jeffrey M. Nick to the position of senior vice president and CTO. Nick will assume a role in the direction of EMC's technology strategy and in the evolution and advancement of EMC's information-management capabilities, related platforms, software and services Nick spent 24 years at IBM, departing in ...
BlueLinx Holdings has filed with the Securities and Exchange Commission a registration statement on Form S-1 for an IPO. BlueLinx intends to list on the New York Stock Exchange under the ticker symbol BXC The IPO is expected to take place later this year....
Red Hat today announced the appointment of Charles E. Peters, Jr. as executive vice president and chief financial officer Most recently, Peters held the position of CFO with Burlington Industries. Peters' responsibilities as CFO at Red Hat will include accounting, finance, treasury, tax, credit and investor relations....
Nokia announced that it has shipped its one millionth game deck globally since the sales of the N-Gage platform started eleven months ago. According to Nokia, the sale of one million N-Gage and N-Gage QD game decks marks a significant milestone in the world of portable gaming "We're proud to have reached the one million milestone. Thanks to the ent...
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