Apr
28
2011
Martin Crutsinger, AP Economics Writer, On Wednesday April 27, 2011, 6:37 pm EDT WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said Wednesday that the Fed can’t take additional steps to aim to ease high unemployment without escalating inflation. If inflation were to accelerate, the Fed would need to raise rates to slow borrowing and …
Apr
28
2011
{“s” : “ebay”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Rachel Metz, AP Technology Writer, On Wednesday April 27, 2011, 7:34 pm EDT SAN FRANCISCO (AP) — EBay Inc. on Wednesday said that its first-quarter profit rose 20 percent on reinvigorated growth at its namesake e-commerce website and extra swift growth at its PayPal payment service. …
Apr
28
2011
{“s” : “brk-a,ko,wfc”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Josh Funk, AP Business Writer, On Wednesday April 27, 2011, 9:07 pm EDT OMAHA, Neb. (AP) — Berkshire Hathaway said Wednesday that a former executive believed to was in line to succeed Warren Buffett as CEO violated the company’s insider trading and ethics policies by buying …
Apr
28
2011
Carl Icahn is busy swinging his big capital around. Sometimes it really works out perfectly, like when Icahn convinced Oracle (Nasdaq: ORCL ) to pay top dollar for BEA Systems. Sometimes the victory is lower than perfect, as within the just-announced $2 billion deal to sell Lawson Software (Nasdaq: LWSN ) to personal equity firm …
Apr
28
2011
Item 1.01 Entry right into a Material Definitive Agreement Merger Agreement CenturyLink, Inc. (“CenturyLink”) has entered into an Agreement and Plan of Merger, dated as of April 26, 2011 (the “Merger Agreement”), with SAVVIS, Inc., a Delaware corporation (“Savvis”), and Mimi Acquisition Company, a Delaware corporation and wholly owned subsidiary of CenturyLink (“Merger Sub”). The …
Apr
28
2011
CenturyLink Inc.’s planned $2.5 billion purchase of Savvis Inc. comes as a gain for a native company – Waddell & Reed, one in every of Savvis’ largest shareholders. The Overland Park-based mutual fund provider (NYSE: WDR) stands to receive an 11 percent premium for the 4.15 million shares it owns in Savvis (Nasdaq: SVVS). That …
Apr
28
2011
{“s” : “ebay,goog,orcl,t,yhoo”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} The Associated Press, On Wednesday April 27, 2011, 6:33 pm EDT YouTube founders ready for ‘Delicious’ next act SAN FRANCISCO (AP) — YouTube founders Chad Hurley and Steve Chen are cooking up another Internet company. This time, its ingredients will include the content-sharing service Delicious. The …
Apr
28
2011
{“s” : “abv,amzn,azn,bti,bud,cmcsa,e,fmx,gsk,ibm,jnj,nvs,orcl,pep,sap,si,spy,t,tot,un,vti,wbk”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} On Wednesday April 27, 2011, 10:25 pm Here are the highest stocks, with a market cap more than $10 billion , that hit 52-week highs in today’s trading: International Business Machines Corp. (NYSE:IBM): Up 1.12% to $170.37. International Business Machines Corporation (NYSE:IBM) provides computer solutions by …
Apr
28
2011
{“s” : “2498.tw,t,vod.l,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} On Wednesday April 27, 2011, 8:35 pm EDT NEW YORK (Reuters) – verizon Wireless was scrambling on Wednesday to solve an outage of its highest-speed U.S. wireless network, on which the head U.S. cellular carrier is relying to drive future growth. The venture of verizon Communications …
Apr
28
2011
{“s” : “2498.tw,t,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} On Thursday 28 April 2011, 8:35 SGT NEW YORK (Reuters) – verizon Wireless was scrambling on Wednesday to solve an outage of its highest-speed U.S. wireless network, on which the pinnacle U.S. cellular carrier is relying to drive future growth. The venture of verizon Communications (NYSE:VZ) …
