Tech: IBM, other bellwethers lose ground by close

Date: Tue, 20 Jan 2009 18:00:14 -0500

Tech Stocks: IBM, other bellwethers lose ground by close
1/20/2009 5:14 PM ET
Technology stocks go into the red in early trading, with IBM Corp.
among the decliners ahead of its fourth-quarter earnings report, due
after the market close.

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Search ad spending takes rare slide in quarter
1/20/2009 5:26 PM ET
Spending on Internet search advertising, a corner of the market widely
seen as relatively sheltered from the economic downturn, fell 8% in
the fourth quarter of last year, according to a report.

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IBM posts earnings rise, sees strong growth in 2009
1/20/2009 5:21 PM ET
IBM Corp. reports fiscal fourth-quarter profit rose 12% from the
year-ago period and says it expects its earnings for 2009 to exceed
analysts' estimates.

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Analog Devices cuts sales outlook due to weak demand
1/20/2009 5:05 PM ET
Analog Devices Inc. on Tuesday said it has cut
its sales outlook for the first quarter due to weaker demand amid the
global downturn.

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Qualcomm acquires AMD's assets in $65 million deal
1/20/2009 4:59 PM ET
Qualcomm Inc. has acquired the assets that once
made up Advanced Micro Devices Inc.'s handheld business in a $65
million deal that's expected to help boost the cell phone chip maker'
multimedia capabilities.

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Mexico's Slim to invest $250 million in New York Times
1/20/2009 4:26 PM ET
New York Times Co. reaches an agreement under which companies backed
by the Mexican telecom investor Carlos Slim will invest $250 million
and could boost their holding, helping the New York media company
reduce its debt and strengthen its finances.

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Seeking to cut costs, Google ends print ads service
1/20/2009 3:43 PM ET
Google Inc. says it's discontinuing its print advertisements program,
a fledgling service that didn't mesh with the Internet company's new
focus on austerity amid the economic downturn.

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Incremental gains seen in netbooks: Bernstein analyst
1/20/2009 3:18 PM ET
The market for ultraportable laptop computers, also known as netbooks,
is seen as having some of the best potential for the PC market, but is
not likely to overwhelm the sector soon, according to a recent report.

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IBM seen remaining steady with earnings report
1/20/2009 11:16 AM ET
IBM Corp. is scheduled to deliver its fourth-quarter earnings report
after the market closes, and analysts are remaining cautious regarding
the outlook for the tech bellwether.

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Israel Stocks: Market steady; Teva in venture with Lonza
1/20/2009 10:49 AM ET
Israeli stocks closed little changed on Tuesday,
never having drifted far from the flat line, with the banks and Israel
Chemicals weaker and real estate fleshing green.

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Earnings Outlook: Nokia's quarterly results to show weak demand
1/20/2009 10:24 AM ET
Nokia Corp., the world's largest maker of mobile phones, is expected
on Thursday to report further weakness in global demand for handsets
as consumers in Western countries take longer to replace old phones
and as potential buyers in emerging markets simply can't afford them.