Tech: Seagate leads tech shares lower

Date: Mon, 12 Jan 2009 18:00:09 -0500

Tech Stocks: Seagate leads tech shares lower
1/12/2009 4:27 PM ET
Seagate Technology paces the downdraft after the maker of data-storage
devices says that its chairman will step in to take the reins from its
chief executive,who is leaving the company.

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CBS forges re-transmission deal with Verizon
1/12/2009 4:39 PM ET
CBS reaches a new deal with Verizon to bring CBS programs like "60
Minutes" to Verizon's wireless customers and expand the telephone
company's rights to carry the network's shows over its FiOS
fiber-optic television service.

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Citigroup upgrades Palm on Pre's promise
1/12/2009 4:23 PM ET
Shares of Palm Inc. gain on a Citigroup upgrade to hold following the
tech company's recent introduction of its new Pre smart phone and the
potential it offers as a "game changer."

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Seagate chairman to take on CEO role from Watkins
1/12/2009 4:07 PM ET
Shares plunge more than 17% after the No. 1 maker of computer
hard-disk drives shakes up its executive ranks by replacing Chief
Executive William Watkins with the company's chairman, Stephen Luczo.

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The Stockpickers: Wasatch fund manager plays defense with stocks, cash
1/12/2009 4:06 PM ET
"Go anywhere" mutual funds have a certain appeal. Independent-minded
managers get to think outside the box and aren't locked into a
specific type of stock or sector.

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Telecom Stocks: Qwest, Sprint, Ericsson tack lower
1/12/2009 2:09 PM ET
Most telecommunications stocks retreated in Monday
action in tandem with the broader U.S. market. Among the sharpest
decliners were Qwest Communications International Inc., Sprint Nextel
Corp. and Ericsson.

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Many more companies slashed earnings outlooks as economy cratered
1/12/2009 1:16 PM ET
A global economy in tatters, massive U.S. job losses and a plunge in
commodity prices have combined to spark an unusually high rate of
warnings about corporations' fourth-quarter earnings, data show.

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Satyam soars in India as new board members appointed
1/12/2009 1:01 PM ET
Shares of Satyam Computer Services stage a sharp recovery Monday in
Mumbai after their recent crash, as the government's decision to
appoint new members to its board raises hopes the software major may
be rescued after India's biggest corporate fraud came to light at the
company last week.