Dell raises 2012 outlook, stock rallies

2011-05-18 10:03:28

Dell Inc posted profits that blew past Wall Street forecasts on improved profitability and the No. 2 PC maker raised its fiscal 2012 outlook for operating income.

Nasdaq drops bid for NYSE on DOJ's antitrust move

2011-05-17 10:24:09

Nasdaq and IntercontinentalExchange on Monday withdrew their joint $11 billion bid for the parent of the New York Stock Exchange...

Economists see slower US economic growth in 2011

2011-05-16 23:04:38

US economic growth is expected to be slower than previously thought due to rising commodity prices, a tepid housing market and financial headwinds, according to a survey released by the National Association for Business Economics on Monday.

US businesses reluctant to open in Mexico

2011-05-16 11:14:37

Dozens of Mattel Inc. employees were on their way to another day of work making Power Wheels in Mexico's industrial heartland...

Facebook-Google rivalry intensifies

2011-05-13 09:35:37

Facebook hired a prominent PR firm trying to plant stories harshly criticizing Google's privacy practices.

US jobless claims fall 44,000 in latest week

2011-05-12 21:32:58

US claims for unemployment aid fell sharply last week after a surprisingly big rise the prior week, a government report showed on Thursday.

AT&T deal for T-Mobile under scrutiny

2011-05-12 07:55:08

AT&T has touted fewer dropped calls and faster data speeds to entice consumer and policymaker support for its $39 billion bid to acquire T-Mobile.

Disney's rare revenue miss hurts shares

2011-05-11 11:17:40

Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office, sending its shares down 3 percent.

Skype's owners set to make $5b: source

2011-05-11 11:04:55

Skype's owners, led by private equity firm Silver Lake , are set to earn more than three times their investment, for a total capital gain of more than $5 billion, on the sale of Skype to Microsoft Corp.

LinkedIn to sell shares for $32 to $35 each in IPO

2011-05-10 18:10:06

Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major US social networking site.

Microsoft says to buy Skype for $8.5 billion

2011-05-10 20:20:44

Buying Skype would give Microsoft a potentially valuable communications tool.

Microsoft close to deal for Skype: source

2011-05-10 14:02:54

Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt.