Palm shares plunge back to pre-webOS levels

Date: Fri, 19 Mar 2010 12:00:52 -0400

PALM SHARES PLUNGE BACK TO PRE-WEBos LEVELS
Palm Inc. saw its stock take another beating Friday, after the company
reported disappointing sales of its latest smartphones and issued a
dismal revenue. forecast for the current quarter.

CHINA MOBILE AWAITING ANSWER FROM APPLE ON IPHONE
China Mobile's chief executive has called upon Apple
Inc. to adapt some of its next generation of iPhone handsets so that
they can run on a unique Chinese-developed standard for
third-generation mobile services.

BOEING INCREASES PRODUCTION OF KEY AIRLINE JETS
Boeing said Friday it will boost production rates of its two major
commercial jet programs as the aerospace giant signaled a recovery in
the beaten-down airline sector.

EADS SAYS IT MAY REJOIN TANKER BIDDING
The Pentagon may extend a deadline for bids on a new aerial-refueling
tanker for the U.S. Air Force after Airbus parent EADS signals an
interest in rejoining the competition.