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DOW Top Weighted Components – Chevron Corporation (CVX), International Business Machines (IBM), Visa (V)
U.S. energy giant Chevron Corporation (NYSE:CVX) has signed an agreement with Polish state-controlled gas firm, PGNiG, to explore for shale gas in south-eastern Poland. The co-operation agreement is expected to prove beneficial for both the firms as it would speed up operations and lower the cost of exploration. Chevron Corporation (NYSE:CVX) shares traded in the…
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Last Trading Session Move OF the Week: Hewlett-Packard Company (NYSE:HPQ), IBM, Intel, QUALCOMM
Hewlett-Packard Company (NYSE:HPQ) has disclosed that its StoreVirtual storage area network (SAN) products enclose a ‘backdoor’ that permits remote contact by means of an administrative account. This fundamentally means that anybody with an account username as well as password meant for backdoor entrance will be capable to log into the systems as well as gain…
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Strategic News; International Business Machines Corp. (NYSE:IBM) Starts Costs Reduction: H&R Block, ServiceNow, Riverbed Technology, Xerox
The world’s biggest computer-services provider International Business Machines Corp. (NYSE:IBM) kicked off eliminating U.S. jobs today as part of a worldwide restructuring plan declared in April, according a person familiar with the matter. IBM stated the job-reducing effort following posting disappointing Q1 results in April. According to data compiled by Bloomberg, The Armonk, New York-based…
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International Business Machines Corp. (NYSE:IBM) CEO Receives $16.2M, Become Best-Paid Female Leader
International Business Machines Corp. (NYSE:IBM) declared that its CEO Ginni Rometty, who joins the firm in January 2012, received $16.2M in compensation previous year, comprising $9.26B in stock awards. The firm declared in a filing that the total number was roughly more than twice of $8.3M she made the earlier year, while she was a…
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International Business Machines Corp. (NYSE:IBM) Chief Says Data is Most Precious in Setting Corporate Strategy Ever
Soft Data is the going to be the next important and precious resource in the globe, that is what being perceived by GinniRometty, the chief executive of International Business Machines Corp. (NYSE:IBM). In an official gathering at the Council on Foreign Relations the executive said that the business decisions in the future will be more…
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Dell Inc. (NASDAQ:DELL) Looks For Takeover To End Public Scrutiny 25 Years Post-IPO; Report
Dell Inc. (NASDAQ:DELL)’s takeover discussion could finally give founder Michael Dell the possibility to increase-start growth following years of half-measures have dropped short. A person with knowledge of the matter declared yesterday that the third-biggest personal-computer maker Dell, is conversing a leveraged takeover with private-equity companies TPG Capital and Silver Lake. By leaving private, CEO…
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Microsoft (NASDAQ:MSFT) testing Hekaton to make online transactions 50 times faster than standard SQL Server
Microsoft Corporation (NASDAQ:MSFT) has made the move to speed online transaction processing, with a plan to add in-memory features to its SQL Server relational database manager. The new version of SQL Server is set to enable users to host database tables, or even entire databases, within a server’s memory. Doug Leland, a general manager in…
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Microsoft (NASDAQ:MSFT) Raises Curtain for Windows 7’s IE10 Preview – (YHOO, CHKP, IBM)
Most bellwether tech stocks were weighed down by weak earnings from Intel Corporation (NASDAQ:INTC) and International Business Machines Corp. (NYSE:IBM), though the declines were partly offset by strength among Internet names and a large takeover contract in the chip group. Microsoft Corporation (NASDAQ:MSFT) recently unveiled a plan to release a preview of Internet Explorer 10…
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Major News & Movements: Apple (AAPL), Peregrine (PPHM), Google (GOOG), SatCon Technology (SATC) and Sprint (S)
U.S. stocks recovered after opening mostly lower today as investors look over major corporate earnings reports. Today, third-quarter financial results have turned green. In the top gainers list, Cymer, Inc. (NASDAQ:CYMI) hit new high gaining more than 50% after decision to be acquired by ASML Holding NV in a deal valued at EUR 1.95 billion.…
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Key Indexes Set Record; Apple Inc. (NASDAQ:AAPL) Recovers Well After Settlement Over eBooks – (YHOO, STX, GOOG, IBM)
U.S. key indexes closed higher with the Dow Jones Industrial Average (INDEXDJX:.DJI) surgeing 1.9% or 244.52 points, to move at 13,292.00, its best close since December 28, 2007. All 30 Dow components closed up, led by Bank of America Corp. (NYSE:BAC) after the bank agreed to sell Strategic Partners Inc. to private-equity investors. The S&P…