Deere Reports Quarterly Earnings of $1.07 Per Share

Deere & Co. (DE) reported earnings of $1.07 per share for the quarter ended Oct. 31, compared with a loss of 53 cents per share a year ago.

The earnings for the fourth quarter of fiscal 2009 included charges worth 76 cents per share related to th…

Social Media Make You More Sociable, Study Says

Social media websites such as Facebook make people more sociable, researchers say.

The findings contradict a widespread belief that online socializing is replacing in person contact as people shun the world beyond their computer screen.

“Our findin…

Former Comverse CEO Settles SEC Charges for $53.6 Million

Jacob Alexander, co-founder of Comverse Technology Inc., (CMVT) agreed to pay $53.6 million to settle charges of backdating stock options and misleading investors.

The settlement consists of a $6 million penalty and the paying of $47.6 million that t…

Oracle Wins $1.3 Billion Jury Award in SAP Lawsuit

A federal jury handed Oracle a victory Tuesday in its long-running copyright infringement case against SAP, awarding the enterprise software behemoth $1.3 billion.
Continue reading Oracle Wins $1.3 Billion Jury…