Market News

MetLife (MET)

MetLife, Inc. announced today that its life insurance subsidiary, Metropolitan Life Insurance Company, approved an aggregate payment amount of approximately $1.5 billion in policy dividend payments to eligible life insurance policyholders for 2010.
The company says the dividend payout not only reflects MetLife`s financial strength and stability, but also its commitment to its policyholders today and for the future

Mar 17 · 11:11:00 AM · Source: Company Press Release
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by Larry Etter

J.P. Morgan (JPM)

JPMorgan Chase & Co. today declared a quarterly dividend of 5 cents per share on the outstanding shares of the Corporation`s common stock. The dividend is payable on April 30, 2010, to stockholders of record at the close of business on April 6, 2010

Mar 17 · 11:07:00 AM · Source: Company Press Release
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by Larry Etter

Bank of America (BAC)

Investors have recovered their bullishness towards equity markets but are shifting their focus away from Europe and into the U.S. and Japan, according to the BofA Merrill Lynch Survey of Fund Managers for March.

Mar 17 · 11:05:00 AM · Source: Company Press Release
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by Larry Etter

Producer Price Index

Producer prices fell more steeply than expected in February as energy costs fell, giving the Federal Reserve leeway to hold interest rates exceptionally low for an extended period as it has promised. The Labor Department on Wednesday said the index for prices paid at the farm and factory gate fell 0.6 percent, the largest decline since July, after increasing 1.4 percent in January. Even excluding volatile energy and food costs, core producer prices rose just 0.1 percent last month.
Price producer price pressure is pretty moderate.

Mar 17 · 11:01:00 AM
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by Larry Etter

Dell (DELL)

Dell has introduced new system management features as well as new Dell PowerEdge servers to address the evolving technology demands of large enterprises, small-to-medium-sized businesses and public organizations. Dell is introducing nine PowerEdge blade, rack-mount and tower servers and three Dell Precision tower workstations updated with the new Intel Xeon 5600 “Westmere-EP” series of processors, as well as new enhancements to Dell Lifecycle Controller and Dell Management Console (DMC).
These hardware and software solutions will offer customers management capabilities while providing IT platforms for virtualization, server consolidation, mission critical business and database applications.

Mar 17 · 10:54:00 AM · Source: Company Press Release
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by Larry Etter

Microsoft (MSFT)

Microsoft has unveiled its Internet Explorer 9 Platform Preview, including expanded support for HTML5, hardware-accelerated graphics and text, and a new JavaScript engine.
Together these allow developers to use the same markup and deliver graphically and functionally rich Web applications that take advantage of modern PC hardware through a modern operating system.

Mar 17 · 10:51:00 AM · Source: Company Press Release
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by Larry Etter

Intel (INTC)

Honoring the next generation of American innovators, Intel Corporation and Society for Science & the Public today announced the winners of America's oldest and most prestigious pre-college science competition, the Intel Science Talent Search. Erika DeBenedictis, 18, of Albuquerque, N.M., won the top award of $100,000 from the Intel Foundation for her project developing a software navigation system to help improve spacecraft travel through the solar system.

Mar 17 · 10:49:00 AM · Source: Company Press Release
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by Larry Etter

IBM (IBM)

IBM today unveiled new System x servers that offer increased memory and can help improve efficiency to allow customers to better exploit virtualization and support more sophisticated workloads.
These new products mean IBM has completely revamped its line up of two-socket x86 servers

Mar 17 · 10:47:00 AM · Source: Company Press Release
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by Larry Etter


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