COMPANIES

Apple is Top PC Maker

Apple is Top PC Maker: Can John Browett Sustain Market Share?

Apple Inc. just can't lose. After becoming one of the most valuable companies in the world (the market cap is currently at $425.61 billion), Apple followed up by becoming the top PC maker in the world. The achievement is a testament to the company's ability to sell innovative products and to its rabid fan base. Whether Apple is able to remain the top PC maker remains largely dependent on new senior vice president of retail operations John Browett's ability to keep sales strong.

PayPal co-founders fund pro-Paul Super PAC

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Co-founders of online U.S. payment service PayPal, now owned by eBay Inc, donated to the Super PAC funding group supporting Republican presidential candidate Ron Paul, the group Endorse Liberty disclosed on Tuesday.
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An employee works on a computer at the new headquarters of Facebook in Menlo Park

Facebook’s IPO Filing: 5 Things to Watch

Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
The End of Google as You Know It

Google Privacy Policy: The End of Google as You Know It

By consolidating its privacy policies and altering its core product, Google has separated itself from the reason everyone loved it. Before, it was simply the world's greatest search engine. Now, it's just another search bar. The new privacy policy gives Google the ability to monitor activity across all of its services, and I suspect that Google product will continue to bleed into each other. Prepare for the end of Google as you know it.
View of Belgian headquarters of US pharmaceutical giant Pfizer in Brussels

Generics Take Toll on Pfizer, Lilly Profits

Competition from low-cost generic drugs squeezed quarterly profits at Pfizer Inc. and Eli Lilly & Co. but the drugmakers were able to somewhat weather those declines with help from other medicines.
A view of the Belgian headquarters of U.S. pharmaceutical giant Pfizer

Pfizer 4Q Revenues Down, Profits Still Up

Pfizer remained profitable despite a reported drop in quarterly earnings, beating analysts' dire predictions of lost revenue to generic versions of its best-selling drug Lipitor through its non-pharmaceutical units and cost cutting.
ExxonMobil

ExxonMobil's 4Q up but Misses Street View, Shares Down

ExxonMobil Corp., the world's largest integrated oil and natural gas company, Tuesday reported fourth-quarter earnings up six percent, less than analysts expected, as higher crude oil profits offset weaker refining margins.
A view shows Toshiba Corp's logo at the fourth International Photovoltaic Power Generation (PV) Expo in Tokyo

Toshiba's 4Q Plunges, Outlook Slashed

Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
The Apple logo is pictured outside the Apple store in Santa Monica

Apple is the Leading PC Maker in Q4 2011: Report

Apple Inc overtook Hewlett-Packard Co as the world's largest vendor of personal computers in the fourth quarter for 2011, helped by increasing demand for its iPads, according to a latest report.
Republican U.S. presidential candidate and former House Speaker Newt Gingrich with wife Callista (R)

Gingrich Sued for Copyright Infringement for 'Eye of the Tiger' Campaign Song (Video)

Republican presidential candidate Newt Gingrich is in trouble as one of the authors of the hit song Eye of the Tiger has sued him for copyright violation.Gingrich has been using the Eye of the Tiger song from Rocky III as his campaign theme anthem since 2009. The lawsuit claiming copyright violation was filed by Frankie Sullivan for his Rude Music Inc., which owns the copyright.
AT&T has entered into a deal with Cerberus Capital Management to sell its struggling Yellow Pages business

AT&T Reorganizes Management Positions

Wireless provider AT&T has put company veteran John Stankey in charge of strategy amid a management reshuffle after its failed attempt to take over Deutsche Telekom's U.S. mobile unit.
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Libya Minister Vows to Protect Investment in Zambian Telecom

Libya will do all it can to protect its 75 percent stake in Zamtel, the fixed-line telecoms firm in Zambia, whose government announced plans last week to seize Libya's stake in the firm, Libyan Foreign Minister Ashour bin Khayyal said Monday.
Stanford arrives at the Federal Court in Houston

Caribbean Bank Regulator Testifies Against Stanford

Allen Stanford, charged with a $7 billion Ponzi scheme, sought to have a Antiguan regulator with oversight of his offshore bank dismissed after she rejected a number of the Texas financier's overtures to work together, she testified on Monday.
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S&P Says MF Global Claimed Strength Just Before Collapse

Just a week before futures brokerage MF Global filed for bankruptcy, the firm's chief financial officer told analysts at Standard & Poor's that its capital position had "never been stronger," according to the ratings agency
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

HP Director Babbio to Leave Board

Hewlett-Packard Co said on Monday long-time director Larry Babbio Jr. will step down, as the technology giant continues to restructure its much-criticized board.

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