Market News

IBM (IBM)

IBM Research has unveiled a breakthrough method based on a mathematical algorithm that reduces the computational complexity, costs, and energy usage for analyzing the quality of massive amounts of data by two orders of magnitude.
This new method will greatly help enterprises extract and use the data more quickly and efficiently to develop more accurate and predictive models.

Feb 25 · 1:48:00 PM · Source: Company Press Release
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by Larry Etter

Xerox (XRX)

Xerox Corporation today announced the Xerox DocuMate™ 3640, a duplex flatbed scanner that can scan up to 80 images per minute. The scanner features an 80-page capacity automatic document feeder, with an ultrasonic double feed detection system to ensure that stapled or misfed documents are identified and the user is alerted.

Feb 24 · 10:02:00 AM · Source: Company Press Release
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by Larry Etter

IBM (IBM)

IBM has elected Andrew N. Liveris to its Board of Directors. Liveris, 55, is chairman, president and chief executive officer of The Dow Chemical Company, a diversified global chemical company.

Feb 24 · 9:58:00 AM · Source: Company Press Release
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by Larry Etter

HP (HPQ)

HP today launched a range of services for small- to midsize data center operations that help improve efficiency, increase the flexibility of IT budgets and ensure service-level commitments.
With this portfolio of services from HP, owners of small- to midsize data centers can maximize business return on existing assets. These services will enable clients to take advantage of service-delivery models such as virtualization and cloud computing.

Feb 24 · 9:55:00 AM · Source: Company Press Release
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by Larry Etter

HP (HPQ)

HP announced it has appointed Tom Iannotti, currently managing director and senior vice president of Americas and Enterprise Business at HP, to lead HP Enterprise Services. Joe Eazor, who currently runs Enterprise Services, will become senior vice president of Corporate Growth Initiatives in the Office of Strategy and Technology at HP. Both changes are effective immediately.

Feb 24 · 9:52:00 AM · Source: Company Press Release
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by Larry Etter

Dell (DELL)

CIO Today reported that Dell’s fourth quarter was “disheartening,” due to a profit margin that was below expectations, which resulted in a 5% decline in net income despite an 11% increase in revenues. Dell’s earnings release attributed the margin issue to higher growth in its lower-margin consumer division (11%) than in its business division (9%).
Dell’s problem—having to trade off between growth and profitability—is due to the loss of its competitive advantage. The company’s spectacular growth and stock price appreciation of the 1990’s (the stock peaked in 2000) reflected the fact that Michael Dell had devised a fantastic new model for making desktop computers—building them to order. By minimizing parts and finished goods inventories as well as accounts receivable (because most customers ordered and paid for Dell’s PC’s over the Web in advance), the company was able to be both the lowest cost supplier of a commodity product (desktop PC’s), as well as be very profitable. But since then, laptops PC’s have grown faster than and taken share from desktops. This trend is expected to continue. Trefis.com estimates “that desktop sales declined from a peak of 153 million units globally in 2008 to 137 million in 2009. We believe that desktop unit sales will dip further in 2010 and slowly recover to 2009 levels” in 2016. In contrast, Trefis projects that “global notebook and netbook shipments to continue to grow from an estimated 157 million shipments in 2010 to about 230 million shipments by the end of” 2016. Unlike desktop PC’s, laptops are complex to manufacture and cannot be “built to order.” This requires Dell to have parts inventory, finished goods inventory, inventory in the distribution channel, and store inventory. As the company is seeking to expand its retail presence, the latter inventory will have to grow.

Feb 23 · 12:59:00 PM · Source: CIO Today
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by Stuart Skalka

Agilent Technologies (A)

Agilent Technologies Inc. said it has received a favorable decision in its trade secrets and breach of contract case against Advanced Materials Technology, Inc. and three of its employees. Agilent filed the lawsuit in January 2008 to protect confidential and proprietary information relating to its high-performance liquid chromatography (HPLC) technology.

Feb 23 · 10:33:00 AM · Source: Company Press Release
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by Larry Etter

Microsoft (MSFT)

Microsoft Corp. has announced it has signed a patent cross-license agreement with Amazon.com Inc. The agreement provides each company with access to the other’s patent portfolio and covers a broad range of products and technology, including coverage for Amazon’s popular e-reading device, Kindle™, which employs both open source and Amazon’s proprietary software components, and Amazon’s use of Linux-based servers.
Although specific terms of the agreement are confidential, Microsoft indicated that Amazon.com will pay Microsoft an undisclosed amount of money under the agreement

Feb 23 · 10:25:00 AM
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by Larry Etter

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