IBM reported earnings of $2.82 per share for the third quarter, compared with $2.40 a year ago. Analysts were expecting EPS of $2.75, according to Thomson Reuters. Global services revenues of $9.5 billion were well below the $1…
Mindful of the ecological toll that gasoline and diesel engines exact on the environment, the Chinese government is pressing forward with plans to build 1 million electric vehicles a year by 2020. China’s government plans to sp…
Analysts expect the leading Web portal to report a 15% increase in earnings for the second quarter, largely due to cost cutting. Revenues are expected to be flat year-over-year.
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Skype has made a trans-Pacific connection with Japan’s second largest mobile carrier, announcing Monday that it plans to offer its Internet phone and video chat service to KDDI’s customers. The partnership, which is similar Sky…
Large-cap technology shares have been among the market’s best performers. Will the recent momentum feed on itself, or has this breathtaking bull run set the stage for a correction of some sort? Here’s the case for the latter.
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