Computer Hardware

The overall market has made a pretty decent comeback this morning; the S&P 500 (NYSE: SPY) is currently trading flat on the session at 1,087. This comes after the index was as low as 1,078 after the opening bell. It appears that traders aren’t willing to sell stocks down any further at the...

• Prudential’s (NYSE:PRU) downwardly revised $30.4 billion offer for AIG’s (NYSE:AIG) Asian life-insurance puts the deal in jeopardy as AIG refuses to accept it • BP (NYSE:BP) shares fell nosedived 14% this morning after the its "top kill" effort failed to stop the estimated 12,000-19,000 barrels...

Hewlett-Packard (NYSE: HPQ), one of the world’s largest tech companies, will lay-off 9,000 people as it tries to boost the productivity of its biggest unit–enterprise services. The operations is about 25% of HP’s revenue and about the same portion of its operating income. HP enterprise services was...

Hewlett-Packard (NYSE: HPQ), one of the world’s largest tech companies, will lay-off 9,000 people as it tries to boost the productivity of its biggest unit–enterprise services. The operations is about 25% of HP’s revenue and about the same portion of its operating income. HP enterprise services was...

Today, Fitch Ratings downgraded Spain's long-term foreign and local currency issuer default ratings from AAA to AA+. Brian Coulton, the head of EMEA sovereign ratings, said, "The downgrade reflects Fitch's assessment that the process of adjustment to a lower level of private sector and external...

Shares of 3Par Inc. (NYSE: PAR) are trading higher by 7.71%, currently trading $10.63. The stock has been trading sideways for the better part of five months, but has moved above the 50-day and 200-day moving averages during today’s trade. Call volume is growing on the name as well; calls are...

By 1:25 pm, the Dow had slipped 95.15 points, or 0.93%, to 10,159.53 and the broader Standard & Poor's 500 index had fallen 10.93 points, or 0.99%. The Nasdaq composite index too was down after plunging 23.97 points, or 1.05%. The industries that are helping the market keep afloat today are:...

Terremark Worldwide (TMRK), a leading global provider of IT infrastructure solutions, announced results for the fourth quarter of fiscal 2010 (ended March 31) with a loss per share of 2 cents matching the Zacks Consensus Estimate.  The company posted a net loss of $1.2 million for the quarter...

After a number of whipsaw sessions, U.S. stocks advanced sharply on Thursday, led by a rally in energy, technology and financial shares, as China refuted reports that it was considering trimming down its investments in European government bonds.  The Chinese assurance was seen as a vote of...

Analysts Richard Gardner and Kent Schofield at Citigroup have released an update on Hewlett-Packard Company (NYSE: HPQ). Analysts met with HP’s Imaging and Printing (IPG) management in San Diego. In the meeting, IPG management outlined its strategy for sustained growth beyond current recovery,...

Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain’s long-term foreign and local currency issuer default ratings to AA+ from AAA.  The news wrecked the American market pushing down stocks 1.1% in light afternoon trading. The Spanish government recently released data...

Microsoft Corp. (NASDAQ: MSFT) Chief Executive Officer Steve Ballmer has said that his company is looking to launch new products. Microsoft is also planning to improve profitability. Speaking at a press conference, he said, “We are executing very well, that's going to lead to great products and...

Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain’s long-term foreign and local currency issuer default ratings to AA+ from AAA.  The news wrecked the American market pushing down stocks 1.1% in light afternoon trading. The Spanish government recently released data...

OmniVision Technologies Inc (NASDAQ: OVTI) soared 10.04% to $20.05 in the pre-market session. OVTI’s Q4 revenue beat expectations and its Q1 revenue forecast was ahead of Wall Street expectations. Origin Agritech Ltd (NASDAQ: SEED) added 3.46% to $8.37 in pre-market trading. Yesterday, SEED...