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Results 281-300 of 339 for ECT News Business Desk

Halliburton Settles with SEC for $7.5 Million

Halliburton announced today that it has reached a settlement in the investigation by the SEC involving Halliburton's 1998 and 1999 disclosure of and accounting for the recognition of revenue from unapproved claims on long-term construction projects ...

Siebel Releases Upgrade to Energy Industry CRM Software

Siebel Systems, a leading provider of business applications software, today announced new enhancements in its comprehensive CRM suite for the energy industry, Siebel Energy 7.7, that further enhances its capabilities. ...

Oil, Stocks Settle After Terror Alert

Oil prices spiked and stocks fell early Monday after the U.S. issued its most specific terrorist warning to date, but oil futures soon backed off record highs and stocks finished the day in positive territory ...

BUSINESS BRIEF

Stocks Stage Modest Rally, Oil Prices Ease

Oil prices eased off record highs, giving investors enough breathing room to move Wall Street slightly higher on Thursday after another round of positive earnings reports. ...

Electronic Arts To Acquire Criterion Software Group

Electronic Arts announced an agreement to acquire Criterion Software Group from Canon Europe. With the acquisition, EA will assume Criterion's studio in Guildford, UK; two intellectual properties, Burnout and Black; and the RenderWare middleware technology. ...

IBM Acquires Cyanea for Application Management Portfolio

IBM today announced it has entered into an agreement to acquire Cyanea, a provider of software that monitors and manages the performance of Web-based business applications. Cyanea is a privately held company based in Oakland, California. Financial terms were not disclosed. ...

DaimlerChrysler Revenue Jumps

DaimlerChrysler has substantially increased its second quarter operating profit from $0.8 billion to $2.5 billion ...

Worldwide DRAM Revenue Increased 20 Percent

Worldwide dynamic random-access memory (DRAM) revenue reached US$6.7 billion in the second quarter of 2004, a 19.8 percent increase from the first quarter of this year, according to preliminary results by Gartner. ...

IBM To Acquire Cyanea

IBM today announced it has entered into an agreement to acquire Cyanea, a provider of software that monitors and manages the performance of Web-based business applications. Cyanea is a privately held company based in Oakland, California. Financial terms were not disclosed. ...

BUSINESS BRIEF

Oil Prices Set 20-Year High

Crude oil prices soared Wednesday, reaching their highest levels in 20 years after another violent day in Iraq and more bad news from Russia's Yukos renewed fears about supplies to the U.S. and other countries being impacted by terrorism ...

BUSINESS BRIEF

Consumer Confidence Surges, Markets Rebound

Consumer confidence jumped more than 3 points this month, reaching a two-year high and providing a sign that the economy might be in for another burst of growth ...

Symbol Technologies Buys Matrics

Symbol Technologies, an enterprise mobility company, has reached an agreement to acquire Matrics, a company that designs and manufactures radio frequency identification (RFID) systems that are compliant with electronic product code (EPC) systems ...

BUSINESS BRIEF

BMC Software Reports First Quarter Results

BMC Software today announced financial results for its fiscal 2005 first quarter ended June 30, 2004 ...

Boston Scientific Announces Roaring Sales, Net Income

Boston Scientific today announced financial results showing net sales roared up 71 percent to $1.46 billion in the second quarter over the same time last year, and net income skyrocketed by 200 percent, to $377 million ...

BUSINESS BRIEF

Stocks Remain Stuck in Summer Doldrums

Stocks were unable to muster much of a bounce today off the lows set at the end of last week as investors fretted about what government economic reports to come out later this week would suggest about whether corporate profit growth will slow in coming months ...

Earnings Disappointment Leads Stocks Lower

Blame it on Microsoft. By now, the software giant must be used to being accused of causing every bad thing that happens, and Friday it found itself squarely on the hook for a dismal day on Wall Street that wrapped up a week most investors are eager to forget ...

Markets Inch Higher as Focus Turns to Microsoft

Wall Street was once again a rollercoaster Thursday as stocks plummeted and then rallied to close higher as investors waited for software giant Microsoft to report earnings after the close of trading ...

Markets Plunge on Earnings Worries

Federal Reserve Chairman Alan Greenspan today continued to declare the U.S. economy healthy and ready to continue growing, but investors turned their attention to corporate earnings and didn't like the outlook they saw, sending the markets sharply lower as a result ...

Sun Microsystems Reports Profit

Sun Microsystems reported results today for its fiscal fourth quarter and full fiscal year, which ended June 30, 2004. ...

Greenspan Says Spending Will Rebound

Federal Reserve Chairman Alan Greenspan said the U.S. economy is poised to continue expanding, and suggested that the sudden drop in consumer spending related to inflation will recede over time ...

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