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Qwest Communications (Q)
Qwest today reported fourth quarter net income of $108 million, or 6 cents a share. compared with $177 million, or 10 cents a share, a year earlier. Revenue fell 9.7% to $2.99 billion.
Including an expense adjustment, Qwest met Wall Street's forecasts. Qw
Feb 16 · 11:44:00 AM · Source: Company Press Release
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by Larry Etter
Qwest Communications (Q)
Qwest today reported fourth quarter net income of $108 million, or 6 cents a share. compared with $177 million, or 10 cents a share, a year earlier. Revenue fell 9.7% to $2.99 billion.
Including an expense adjustment, Qwest met Wall Street's forecasts. Qw
Feb 16 · 11:43:00 AM · Source: Company Press Release
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by Larry Etter
Simon Property Group (SPG)
Simon Property Group Inc. Tuesday said it has made an offer to acquire General Growth Properties Inc., the real estate investment trust that filed for bankruptcy last year, in a deal valued at over $10 billion, including about $9 billion in cash. The offer includes a consideration to creditors totaling some $7 billion,
Feb 16 · 11:39:00 AM · Source: Company Press Release
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by Larry Etter
J.P. Morgan (JPM)
J.P. Morgan announced today that it will acquire RBS Sempra Commodities' global oil, global metals and European power and gas assets. The transaction is expected to close in the second quarter of 2010, pending regulatory approvals. These assets will be integrated into J.P. Morgan's existing Global Commodities business, led by Blythe Masters.
Feb 16 · 11:30:00 AM · Source: Company Press Release
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by Larry Etter
Oracle (ORCL)
Oracle today announced new and upgraded applications for its unified suite of financial services analytical applications for enterprise performance management (EPM).
The applications continue the Oracle's commitment to help financial services institutions manage unprecedented and growing risk levels,
Feb 16 · 11:22:00 AM · Source: Company Press Release
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by Larry Etter
Dell (DELL)
Dell today introduced OpenManage Integration Suite for Microsoft System Center, a portfolio of software tools designed to help customers efficiently , securely, and cost-effectively utilize and manage standards-based IT resources.
These software tools will enable large enterprises, public organizations and mid-size companies to gain visibility, control, and flexibility of their Windows-based IT environments.
Feb 16 · 11:18:00 AM · Source: Company Press Release
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by Larry Etter
Microsoft (MSFT)
Microsoft has introduced its latest version of its ‘Windows phone operating system’, adding video-games and music features. Microsoft wants to change things around with the inclusion of the phone features in its operating system.
This is a bid to avoid Apple and Google eating into its market share; Microsoft wants to stem its losses in smartphone category and wants to give customers a whole new meaning to the smartphone category.
Feb 16 · 11:14:00 AM · Source: Company Press Release
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by Larry Etter
Intel (INTC)
Intel Corporation and Nokia said today they are merging their popular Moblin and Maemo software platforms, creating a unified Linux-based platform that will run on multiple hardware platforms across a wide range of computing devices, including pocketable mobile computers, netbooks, tablets, mediaphones, connected TVs and in-vehicle infotainment systems.
The companies believe the open software platform will accelerate industry innovation and time-to-market for a wealth of new Internet-based applications and services.
Feb 16 · 11:09:00 AM · Source: Company Press Release
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by Larry Etter
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