Dell's profit, stock drop on weak quarterly report

Categories: Business| Nov 20, 2009

Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits. Dell Inc. didn't join them Thursday. The company reported a 54 percent drop in net income ...Read More

On the Call: Dell's CEO Michael Dell

Categories: Business| Nov 19, 2009

SAN FRANCISCO—A key element of Dell Inc.'s turnaround strategy has been a vow not to cut prices as aggressively as rivals just to keep market share. The tactic has allowed competitors such as Acer Inc. and Hewlett-Packard Co. to steal ...Read More

GM Says Auto Sales Rate May Be 10.8 Million in Sign of Recovery

Categories: Business| Nov 19, 2009

Nov. 19 (Bloomberg) -- General Motors Co. said U.S. autosales in November may run at an annualized rate of 10.8 millionvehicles, the third-highest total this year, in a sign ofimproving industry health. “Things are solidly looking up,” Susan Docherty, GM’sU.S. sales ...Read More

Suntech, Trina Solar see demand rising; shares up

Categories: Business| Nov 19, 2009

NEW YORK/LOS ANGELES (Reuters) - Chinese solar companies Suntech Power Holdings Co (STP.N) and Trina Solar Ltd (TSL.N) posted higher-than-expected earnings on Thursday and said demand for the clean energy systems was rebounding after a dismal year. Prices for the photovoltaic ...Read More

Rockies' Tracy is NL manager of year; Phils' Manuel sixth MAJOR LEAGUE BASEBALL

Categories: Sports, Top Stories| Nov 19, 2009

-- Jim Tracy of Colorado won the NL Manager of the Year award on Wednesday -- and earned a new contract, too -- while Mike Scioscia of the Los Angeles Angels was selected for the AL honor. Tracy became the second ...Read More

Tracy, Scioscia win manager of the year awards

Categories: Sports| Nov 18, 2009

Tracy, Scioscia win manager of the year awards NEW YORK - Jim Tracy of Colorado won the NL Manager of the Year award on Wednesday — and earned a new contract, too — while Mike Scioscia of the Los Angeles Angels was selected for the AL honor. Tracy became ...Read More

Eagles' Westbrook out vs. Bears

Categories: Sports| Nov 18, 2009

Eagles' Westbrook out vs. Bears LAKE FOREST, Ill. -- Philadelphia Eagles running back Brian Westbrook has officially been ruled out for Sunday night's game against the Chicago Bears. ESPNChicago.com Bears blogThe latest news from Bears beat reporter Jeff Dickerson. Blog "Brian is out," Eagles coach Andy ...Read More

American Express CEO: Revolution Money Buy To Close 1Q 2010

Categories: Business| Nov 18, 2009

NEW YORK -(Dow Jones)- American Express Co. (AXP) Chief Executive OfficerKenneth Chenault said while the acquisition of Revolution Money is small, thecredit-card company has plans to expand the business internationally. The CEOmade his comments during a press conference call Wednesday. American ...Read More

Orszag Says Erroneous Federal Payments Rose 36 Percent in 2009

Categories: Top Stories, U.S.| Nov 18, 2009

Orszag Says Erroneous Federal Payments Rose 36 Percent in 2009 Nov. 18 (Bloomberg) -- The U.S. government identified $98billion in erroneous or fraudulent payments made during the2009 fiscal year, up from $72 billion the previous year, WhiteHouse budget chief Peter Orszag said yesterday. Orszag, who heads the U.S. Office of Management ...Read More

Target Falls After Saying It Plans for Sales to Drop

Categories: Business| Nov 17, 2009

Nov. 17 (Bloomberg) -- Target Corp., the second-largestU.S. discount chain, fell the most in seven months in New Yorktrading after saying it’s planning for a “modest” decrease infourth-quarter comparable-store sales. “We haven’t seen that rebound or that lift yet,” Chairmanand Chief ...Read More