NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.
NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.
NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.
NEW YORK - Blue-chip stocks declined on Tuesday as oil rose to another record and underscored concerns about inflation, while the Federal Reserve chairman has said financial markets are still troubled.
NEW YORK - Billionaire investor Carl Icahn is considering running a proxy campaign to elect new board members at Yahoo Inc after the company failed to forge a deal to merge with Microsoft Corp , a source close to the matter has said on Tuesday.
NEW YORK - Applied Materials Inc has said on Tuesday the semiconductor equipment industry was nearing the end of its downturn, but industry capital spending this year would fall more than it previously expected.
SAN FRANCISCO - Top video game publisher Electronic Arts Inc on Tuesday posted a quarterly profit that beat Wall Street expectations and has said it expects to gain market share on the strength of upcoming titles like “Spore” and “The Sims 3″.
DETROIT - Auto parts supplier American Axle & Manufacturing Holdings Inc has said on Tuesday contract talks with the United Auto Workers union aimed at settling a three-month-old strike had stalled since Sunday.