The world’s largest semiconductor maker Intel Corp. is seeking a replacement for departing Chief Executive Officer Paul Otellini, who’s leaving...

Cisco Systems, Inc. (CSCO), designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services, is currently trading at a price 15.86 with a dramatic change of approximately -0.44 with  Chg% -2.67 and Volume  79,002,779 Microsoft Corp. (MSFT), engaged...

Hardware Earnings- Data Center Group revenue at Intel (INTC) rose 32% in the last quarter, wheeras revenue from sales of IBM’s (IBM) System z mainframe server products rose 41% last quarter. IBM (IBM) has reported a 10 per cent rise in net income to $ 2.86 billion in the January—March quarter of 2011 on account of robust growth in hardware and software business. Intel...

BP plc (BP)- The Gulf Coast Claims Facility, established last August with $20 billion in seed money from BP, said it has approved 300,000 claims from businesses and individuals hurt by the spill, out of approximately 857,000 claims submitted. Poor trading results are likely to hurt Goldman Sachs Group (GS)- Goldman Sachs Group Inc to report its Q1 EPS at $0.82 on revenue...

Johnson & Johnson Inc. (JNJ) is in talks to buy Swiss medical-device maker Synthes Inc. $20 billion. Charles Schwab (SCHW) a discount broker, declared boosted profit for the first quarter as earnings reached $243.00 million, or $0.20 per share, from a year earlier $6.00 million, or a lesser than penny per share, while revenue heaved 23.00% to $1.21 billion in comparison...

The worldwide technology sector has a total market capitalization of 48234.2 Billion, with an average P/E of 22.44. The average dividend yield for the sector is 1.80 percent, with a debt to equity ratio of 48.77. We have collected a snapshot of six largest technology companies by Market Cap. Apple Inc. (AAPL) - Market capitalization- 320.0 Billion Apple Inc., together...

Intel is set to start production of its next-generation Xeon quad-core server chips ahead of schedule, which could then appear in systems as early as the first quarter of next year. “We’re on track for production in the first quarter,” said Kirk Skaugen, vice president and general manager of Intel’s server platforms group during an interview at...

Intel Corp., the world’s largest maker of semiconductors, agreed to buy software company Wind River Systems Inc. for about $884 million, $11.50 a share in cash, offering a 44 percent premium over Wind River’s closing price. Wind River makes operating systems for everything from cars to mobile phones, serving customers such as Sony Corp. and Boeing Co. Wind...

Intel Corp. Chairman Craig Barrett said Wednesday he expects stimulus plans from various governments to begin to help the global economy in six to 18 months, but the executive said it is hard to predict when the semiconductor market will recover. Intel is a victim of its own success. The chips that it shipped over the last two years are powerful enough to handle most current...

On Jan. 26, U.S. companies slashed nearly 60,000 jobs new layoffs were announced at companies as varied as telecom giant Sprint Nextel, construction equipment maker Caterpillar, semiconductor manufacturer Texas Instruments, and pharmaceutical house Pfizer. Already 170,000 jobs have been lost in January. The U.S. economy lost 2.6 million jobs in 2008. Unemployment rising...