Tech: EMC, Palm highlight late-session gains

Date: Thu, 08 Jan 2009 18:00:11 -0500

Tech Stocks: EMC, Palm highlight late-session gains
1/8/2009 4:28 PM ET
Technology stocks gain ground late in the session in reaction to EMC
Corp.'s upbeat preliminary earnings and Palm Inc.'s new smart phone
and software.

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Thomas Kostigen's Ethics Monitor: NASA can bring space advancements
down to benefit Earth
1/8/2009 7:50 PM ET
NASA is promoting itself in more down to earth terms these days: It
claims the technology it develops to explore life in outer space can
actually help sustain life on this planet.

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CES reporter's notebook: Sony gets into netbook game, sort of
1/8/2009 5:06 PM ET
The Japanese giant is going its own way in the fast-growing market for
netbook computers.

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Palm debuts new touch-screen phone, operating system
1/8/2009 4:18 PM ET
Palm Inc. introduces a long-awaited new operating system and
touch-screen wireless phone following a nearly two-year long
restructuring effort designed to revamp the company's product
portfolio.

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EMC shares get lift on earnings, restructuring plans
1/8/2009 11:54 AM ET
EMC Corp. shares rise as much as 5.5% in the wake of the storage-technology
company reporting upbeat preliminary fourth-quarter results and saying
it would cut 2,400 jobs as part of a broad cost-reduction plan.

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Satyam faces lawsuits, issues action plan amid fraud revelation
1/8/2009 11:52 AM ET
Top executives at Satyam Computer Services Ltd. vow to restore
confidence among investors and customers, as two class-action lawsuits
are filed against the Indian software giant after its founder admitted
to inflating its balance sheet by more than $1 billion.

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Telecom Stocks: Phone stocks advance; vendors mixed
1/8/2009 11:23 AM ET
The telecommunications sector moved modestly higher
in Thursday trades after a negative opening, with wider gains
occurring among phone stocks.

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Analysts await Intel's results -- and its forecast
1/8/2009 11:12 AM ET
Intel Corp.'s back-to-back sales-forecast cuts confirmed what many
tech analysts already suspected: Tech demand pretty much evaporated in
the fourth quarter of 2008.

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GameStop's holiday same-store sales rise 10%
1/8/2009 10:46 AM ET
GameStop Corp. says same-store sales during the 2008 holiday season
rose 10%, aided by strong sales of new video software games.

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Israel Stocks: Market down for 2nd day as rockets hit northern Israel
1/8/2009 9:44 AM ET
Israeli stocks fall for a second day on Thursday, with sharp and broad
declines across a number of sectors and 24 of the 25 blue chips
falling, as Israel faces the prospect of a second front in its current
conflict.

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Indications: U.S. stock futures drop on Wal-Mart warning
1/8/2009 9:29 AM ET
U.S. stock futures stage a major retreat as retailing giant Wal-Mart
Stores scales back earnings expectations, citing a worse-than-expected
same-store
sales performance for December.

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Dell to axe 1,900 jobs in Ireland as it moves production east
1/8/2009 7:03 AM ET
Computer giant Dell, Inc. on Thursday says it will axe 1,900 jobs at
its main. Irish manufacturing plant and move the bulk of its
production for Europe, the Middle East and Africa to Poland as part of
its cost-cutting program.

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Lenovo warns of loss; 11% job cut set; shares tumble
1/8/2009 4:02 AM ET
Shares of Lenovo Group lost more than a quarter of their value in Hong
Kong trading Thursday after the maker of ThinkPad computers estimated
a "material loss" for the three months ended Dec. 31 and said it would
cut 11%, or 2,500, of its workers because consumer demand has dropped
sharply.

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Microsoft CEO touts new Windows, mobile search deal
1/7/2009 10:32 PM ET
Microsoft Corp. Chief Executive Steve Ballmer late Wednesday unveiled
the software giant's latest version of its flagship Windows operating
system, while touting a potentially pivotal new partnership that will
provide its Web search
technology to customers of Verizon Wireless.