Date: Thu, 12 Feb 2009 18:00:45 -0500
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Tech Stocks: Late rally pushes Nasdaq into the black; Palm, Apple
advance
2/12/2009 1:48 PM ET
A late rally pushes tech stocks into positive terrain, led by
semiconductors Palm Inc. and Apple.
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As product range slims, Google scraps radio ad business
2/12/2009 5:33 PM ET
In its latest effort to narrow a historically broad product range, the
Internet search giant says it's abandoning its radio advertising
service.
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Vestas eyes 2009 growth, ramps up U.S. presence
2/12/2009 5:06 PM ET
Vestas Wind Systems CEO Ditlev Engel says he's planning to hire nearly
3,000 more people in the U.S. as the largest standalone wind turbine
maker in the world ramps up production with more sorely-needed green
collar jobs.
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Earnings Outlook: Software, services and stability to lead H-P report
2/12/2009 5:00 PM ET
Analysts say Hewlett-Packard will at the very least meet Wall Street's
earnings and revenue forecast due to strength from its software and
services business when the technology giant reports results on
Wednesday.
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Analyst sounds bearish note on business-software giants
2/12/2009 4:35 PM ET
While large business-software makers such as Oracle and SAP AG have
shielded. themselves from the downturn with large, dependable streams
of maintenance revenue, a Wall Street analyst is nonetheless bearish
on the two technology giants.
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McAfee profit rises on 19% revenue gain
2/12/2009 4:33 PM ET
McAfee Inc. reports its fourth-quarter profit and sales rose sharply
compared to the same period a year earlier, helping send its shares
higher in after-hours trading.
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Charter to file for bankruptcy by April 1
2/12/2009 4:14 PM ET
Cable operator Charter Communications, weighed down by huge debt for
many years, says it will file for Chapter 11 bankruptcy protection by
April 1 under the terms of an agreement with some of its creditors.
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Small-Cap Focus: ComScore shares slide after earnings report
2/12/2009 4:13 PM ET
Shares of the Internet-research firm tumble nearly 26% after the
company issuesa fourth-quarter earnings report that disappoints
analysts and investors.
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London Markets: U.K. stocks drop, led by commodity plays, BT Group
2/12/2009 12:26 PM ET
London shares retreat on weakness in the mining sector, with mostly
downbeat. earnings from the likes of BT Group not helping matters.
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Europe Markets: Stocks in Europe drop for third day in a row
2/12/2009 12:08 PM ET
European shares fall for the third session in a row, with downbeat
results from top firms like BT Group, Capgemini and EdF contributing
to a bearish view over the global economy.
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Telecom Stocks: Sector mostly retreats; Sprint gains
2/12/2009 11:34 AM ET
Telecommunications stocks sweep lower in tandem with the broader
market, though Sprint Nextel Corp. and Clearwire Corp. stand out among
the few gainers.
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Israel Stocks: Market off for 3rd day as election outcome still unclear
2/12/2009 10:31 AM ET
Weakness in Israeli stocks carries into a third straight session, as the
question of which of Israel's two major candidates to be the next
prime minister would be designated to form a government remains
unanswered.
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Pioneer plans 10,000 job cuts, closing TV business
2/12/2009 7:58 AM ET
Pioneer Corp. said Thursday it is closing its television-making
operations and plans to slash 10,000 jobs from its global workforce,
as the economic slowdown batters the consumer electronics industry.
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BT net drops 73% on global services charge
2/12/2009 5:38 AM ET
BT Group Plc, the U.K.'s largest telecommunications company, on
Thursday reported a 73% drop in third-quarter net profit after a
charge at its global services division and warned it may need to book
further charges this year.