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Emerson enters residential & small business renewable energy market with new 5kW grid tie solar inverter

October 22, 2010 2:23 am | by Medical Design Technology | Comments

Emerson Network Power launched the SPV-5.0 grid tie solar inverter, marking the company?s entry into the residential and small business renewable energy market.

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Fire at Northern Calif. mall deals blow to region

October 22, 2010 2:05 am | by DON THOMPSON - Associated Press Writer - Associated Press | Comments

A fire that erupted during a police standoff at a suburban Sacramento mall did more than destroy part of a regional shopping hub. It also provided an economic setback to a region of Northern California struggling to emerge from recession.City leaders in Roseville, about 17 miles east of the...

Wipro profit tempered by staff costs, forex loss

October 21, 2010 9:05 pm | by ERIKA KINETZ - AP Business Writer - Associated Press | Comments

Wipro Ltd., India's third-largest software outsourcer, reported a 10 percent rise in quarterly profit Friday, short of expectations as salary hikes and foreign exchange losses hit margins, sending the stock down nearly 4 percent.The rupee's appreciation against the dollar — which accounts for...

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Baidu's 3Q profit more than doubles, shares rise

October 21, 2010 8:05 pm | by The Associated Press | Comments

Baidu Inc., which operates China's leading search engine, said Friday its third-quarter net profit more than doubled and revenue jumped 76 percent as online advertising surged.The Beijing-based company said it earned 1.05 billion yuan ($156.4 million), or 3.01 yuan (45 cents), per American...

Baidu's 3Q net more than doubles, shares rise

October 21, 2010 6:06 pm | by The Associated Press | Comments

Baidu Inc., China's leading search engine, said Thursday that its third-quarter net income more than doubled and revenue jumped 76 percent as online advertising surged.The company earned 1.05 billion yuan ($156.4 million), or 3.01 yuan (45 cents) per American Depositary share, versus 492.9...

Amazon Reports Big Gains

October 21, 2010 5:23 pm | by New York Times | Comments

The company said sales of media, including books and music, were up 14 percent from the year-ago quarter.

Saskatchewan premier urges Canada to reject bid

October 21, 2010 5:06 pm | by ROB GILLIES - Associated Press Writer - Associated Press | Comments

Saskatchewan's premier urged Canada's federal government on Thursday to reject BHP Billiton's bid for Potash Corp., saying it's not in the strategic interest of Saskatchewan or Canada.Anglo-Australian BHP Billiton Ltd. launched a hostile $38.6 billion takeover bid in August for the world's...

Isilon Systems 3Q

October 21, 2010 5:05 pm | by The Associated Press | Comments

Isilon Systems Inc. said Thursday that it swung to a profit in the third quarter as companies' demand for its data storage products and services climbed.For the July-September period, Isilon earned $4 million, or 5 cents per share. That compares with a loss of $4.9 million, or 8 cents per...

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Netflix suffers big outage as stock hits new peak

October 21, 2010 4:07 pm | by The Associated Press | Comments

While Netflix shareholders celebrated Thursday, the video subscription service's customers griped about a website outage that prevented them from streaming movies and TV shows over the Internet.The breakdown occurred just a few hours after Netflix's stock price reached a new high in an...

Compuware shares rise as 2Q profit beats forecasts

October 21, 2010 4:06 pm | by The Associated Press | Comments

Business software and services provider Compuware Corp. said Thursday that its fiscal second-quarter net income slipped as operating expenses rose.The performance nevertheless beat Wall Street expectations, and Compuware gained 48 cents, or about 5 percent, to $9.30 in afterhours trading. The...

Ballmer touts Windows Phone 7

October 21, 2010 2:06 pm | by The Associated Press | Comments

Microsoft CEO Steve Ballmer says the Windows Phone 7 software will be the "coolest" thing the company releases this year.Ballmer told information-technology workers at the Gartner Symposium in Orlando Thursday that consumers will be impressed with Windows Phone 7. The first phones running the...

Riverbed Technology's net more than doubled in 3Q

October 21, 2010 2:05 pm | Comments

Riverbed Technology Inc., whose products help companies improve the performance of their business software, announced a 2-for-1 stock split Thursday and net income more than doubled in the third quarter.A pickup in corporate spending this year has helped lift information-technology companies...

Electron billiards in nanoscale circuits

October 21, 2010 1:21 pm | by EurekAlert | Comments

(Technische Universitaet Muenchen) In solar cells, solar radiation boosts electrons to higher energy states, thereby releasing them from their atomic bonds as electricity begins to flow. Scientists led by Professor Alexander Holleitner, physicist at the Technische Universität Muenchen...

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Saskatchewan premier rejects BHP's bid

October 21, 2010 1:06 pm | by ROB GILLIES - Associated Press Writer - Associated Press | Comments

Saskatchewan's premier forcefully rejected Thursday BHP Billiton's bid for Potash Corp., saying it's not in the strategic interest of Saskatchewan or Canada.Australia's BHP Billiton Ltd. launched a hostile $38.6 billion takeover bid in August for the world's largest fertilizer company after...

CA Technologies beats 2Q analyst view

October 21, 2010 1:05 pm | by The Associated Press | Comments

Business management software company CA Technologies, formerly known as CA Inc., said Thursday that its second-quarter net income inched higher thanks to a 4 percent uptick in revenue.Net income in the three months to Sept. 30 rose to $222 million, or 43 cents per share, from $218 million, or...

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