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Google buying Global IP Solutions for $68.2 million in move to expand Internet video, audio

May 18, 2010 3:30 am | by The Associated Press | News | Comments

Google Inc. (Nasdaq:GOOG) is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings, the companies said Tuesday.The offer represents a 27.5 per cent premium to Global IP's closing price on Friday. Shares of the Norwegian...

Earnings Preview: Hewlett-Packard

May 18, 2010 2:30 am | by JORDAN ROBERTSON - AP Technology Writer - Associated Press | News | Comments

A key area Wall Street observers will scrutinize in Hewlett-Packard Co.'s latest quarterly report will be its services division — now its most profitable business.The company is expected to report second-quarter results Tuesday after the close of regular trading.Corporate spending on technical...

GM roars back to profit, but can it repay gov't?

May 17, 2010 10:30 pm | by DEE-ANN DURBIN - AP Auto Writers - Associated Press | News | Comments

In less than a year, General Motors Co. has roared back from bankruptcy to a quarterly profit. Now comes the hard part: Sustaining the income and repaying billions of dollars in government aid.There are signs that GM is on track to do just that. Revenue is up 40 percent over the first quarter...

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Free Software Tool Provides Visibility Into Industry Standard SID Common Data Model

May 17, 2010 10:30 pm | by The Associated Press | News | Comments

Progress Software Corporation (http://www.progress.com/index.ssp) (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive (http://web.progress.com/en/operational-responsiveness/index.html) , today announced that it has updated its...

Microsoft upgrade aims to make Hotmail cool again

May 17, 2010 8:30 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | News | Comments

Microsoft Corp. is trying to make Hotmail cool again.The free Web mail service soon will be switching to a new approach that Microsoft hopes will give Hotmail an edge over rival offerings from Yahoo Inc. and Google Inc.The upgrade, expected to be available in July or August, will automatically...

Metronidazole injection 500 mg / 100 ml: Voluntary recall due to non-sterility

May 17, 2010 6:20 pm | by FDA MedWatch | News | Comments

Non-sterility of metronidazole injection administered via the intravenous route has the potential to result in infections, which could be fatal.

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Icahn boosts stake in Genzyme, Motorola; sells CIT

May 17, 2010 4:30 pm | by The Associated Press | News | Comments

Billionaire investor Carl Icahn boosted his stakes in Genzyme Corp. and Motorola Inc. in the first quarter but dumped shares in CIT Group Inc., Yahoo Inc. and Blockbuster Inc.His main investment vehicle grew in value by 11 percent to $3.18 billion during the first three months of the...

Heart group backs video games in obesity campaign

May 17, 2010 2:30 pm | by JOEL SCHECTMAN - AP Business Writer - Associated Press | News | Comments

Talk about strange bedfellows. The American Heart Association and Nintendo Co. are teaming up to promote the popular Wii video game console, as the health advocacy group concedes that its campaign for traditional exercise isn't working.The surprising partnership, announced Monday, comes amid...

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New study: Religion influences economic behavior

May 17, 2010 2:20 pm | by Cornell University | News | Comments

Protestants who are reminded of their religion do more good deeds but the opposite is true for Catholics. This is one of the findings of a new economics study that employs psychology research techniques.

Day Highlights: ZOLL Medical, Tower Group, Macy's, Nordstrom and Best Buy Business Editors

May 17, 2010 1:30 pm | by The Associated Press | News | Comments

May 17, 2010--Zacks Equity Research highlights ZOLL Medical Corporation (Nasdaq: ZOLL) as the Bull of the Day and Tower Group (Nasdaq: TWGP) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Macy's (NYSE: M), Nordstrom (NYSE: JWN) and Best Buy (NYSE: BBY).Full...

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Cyberplex Reports First Quarter Results

May 17, 2010 1:30 pm | by The Associated Press | News | Comments

Cyberplex Inc. (TSX: CX) a leader in advertising solutions, on-line customer acquisition strategies, and technology development, today announced the financial results for the first quarter-ended March 31, 2010."Although the first quarter of 2010 proved to be quite challenging and financial...

IBM to open Columbia service center, add 800 jobs

May 17, 2010 12:30 pm | by ALAN SCHER ZAGIER - Associated Press Writer - Associated Press | News | Comments

Big Blue is coming to the land of black and gold.Global technology company IBM announced Monday that it is opening a technology service delivery center in a Columbia office park that could create as many as 800 new jobs in central Missouri.Gov. Jay Nixon and other state and local officials...

3 Louisiana Tech University students receive national engineering scholarships

May 17, 2010 12:21 pm | by EurekAlert | News | Comments

(Louisiana Tech University) Three students from Louisiana Tech University's College of Engineering and Science have been awarded 2010-2011 academic scholarships from Tau Beta Pi, one of the nation's leading engineering honor societies.

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SEC Looks Into Bets Against Municipal Bonds; EADS First Quarter

May 17, 2010 10:31 am | by The Associated Press | News | Comments

Profit Tumbles on Airbus Challenges; Interview with Mike Lupica; Senate Passes Measures to Cut Debit Card Fees; Small Businesses Join Suit Against Health Care Law; Interview With Congressman Anthony Weiner - Part 3

VeriFone to acquire Korea's Orange Logic

May 17, 2010 10:30 am | by The Associated Press | News | Comments

VeriFone Holdings Inc. has agreed to acquire South Korean payment systems provider Orange Logic Ltd., the company said Monday.Financial terms of the deal were not disclosed. Orange Logic, founded in 2004, supplies electronic payment devices to customers in the South Korean retail and banking...

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