(NEW YORK)Business spending on information technology is starting to look shaky, an RBC Capital Markets Corp. analyst wrote Thursday as he slashed estimates for next year's earnings at more ...READ MORE
(NEW YORK)Information-technology infrastructure management company Avocent Corp. said Monday it expanded the total borrowing capacity of its senior credit facilities by $90 million to $340 m...READ MORE
Among the earnings stories for Friday, July 18, from AP Financial News: WASHINGTON (AP)--Second quarter earnings rose 18 percent at Honeywell International Inc. and the diversified...READ MORE
(NEW YORK)Shares of Avocent Corp. fell Friday morning after the maker of software and hardware for data-center management reported second-quarter earnings below analyst estimates.READ MORE
(HUNTSVILLE, Ala.)Information-technology infrastructure management company Avocent Corp. said Monday it named Michael J. Borman as chief executive, effective July 15. Borman, 53, replaces Ed Harper,...READ MORE
(NEW YORK)Avocent Corp.'s shares continued to climb Wednesday after the software and hardware company boosted its second-quarter revenue forecast and received an upgrade from an analyst who ...READ MORE
(NEW YORK)The Standard & Poor's MidCap 400 index fell Wednesday afternoon, with shares of Avis Budget Group Inc. declining on its outlook. Avis' stock lost $1.35, or 18.5 percent, to $5.94. ...READ MORE