IBM to Acquire Netezza for $1.7 Billion
IBM announced Monday that it will acquire Netezza for approximately $1.7 billion in cash in an effort to expand its business analytics offerings. IBM - Netezza - Business - Hardware - Companies feeds.pcworld.com |
Microsoft Price Targets Trimmed on Analyst Concerns Over Mobile, Tablet Markets
Alacra Pulse Check Blog submits: By Karen SchwartzConcerns that Microsoft (MSFT) is lagging in the mobile and tablet markets is causing some analysts to scale back their 12-month price targets for the software giant. This morning Janney Capital analyst Sasa Zorovic cut his rating on Microsoft to Neutral and lowered his price target from $30 to $28, citing a need for an approach to address broader segments in the market. “A series of stumbles in mobile has led the company to a position where, in our view, it is becoming quite difficult to catch up, and this is the direction in which computing platforms are moving,” he said.Complete Story » seekingalpha.com |
Oracle: Earnings Scorecard
Zacks.com submits: Oracle Corp. (ORCL), the largest database and enterprise software company after Microsoft Corp. (MSFT), reported first quarter 2011 earnings and revenues on September 16 that outpacing Zacks Consensus Estimates. The impressive results were due to strong new software license sales (sales to new customers) and growth in hardware sales, boosted by the acquisition of Sun Microsystems in January this year. The results indicate increased business spending by corporations.Total revenue was above the high end of the company’s guided range. Moreover, the growth in new licensing revenues and earnings per share (EPS) was encouraging and remained well above management’s expectations.Complete Story » seekingalpha.com |
China Renews Vow to Protect Intellectual Property Rights
China is taking the issue of intellectual property rights "seriously" said U.S. Attorney General Eric Holder during his trip to Beijing feeds.pcworld.com |
New MacBook Air Models Are Lighter, But Still Expensive
Apple has announced a new line of slim MacBook Air laptops. The new machines, available in 11-inch and 13-inch models, bring badly needed updates to the company's Mac product line. feeds.pcworld.com |