COMPANIES

Lululemon raises profit forecast, shares jump

Lululemon raises profit forecast, shares jump

Lululemon Athletica expects profit and sales in the current quarter to top earlier forecasts after holiday shoppers flocked to its shops to snap up the trendy yoga wear that have made the company a runaway retail success story.
Cab Driver Arrested in Williamsburg Rape Case

Cab Driver Arrested in Williamsburg Rape Case

Cops have arrested a New York City cab driver for allegedly raping a female passenger at knifepoint in May. The victim, a 26-year-old woman, had been heading to her Manhattan building from a bar in Williamsburg.
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Lincoln MKZ Concept

Ford Says Lincoln Will Be Personalized Luxury Brand; Introduces MKZ Concept At Detroit Auto Show

Ford's plans for Lincoln include more than well-designed and enginneered luxury product, Farley said. The brand plans to up the ante with a more customized personal service at its Lincoln dealerships, which have been asked to invest in upgrading facilities and overall grade. Lincoln hopes to grow to 800,000 units sold annually, as a formidable foe with other luxury brands including BMW, Mercedes-Benz, Audi and Lexus.
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2012 is the Year of Ultrabooks

Barclays Capital expects ultrabooks to take center stage at this year's Consumer Electronics Show (CES) as the thin and light concept emerges at the forefront of new product design trends.
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Nvidia's New Tegra 3 Feature May Hurt Atmel, Cypress Semiconductor

Graphics chip maker Nvidia Corp. (NASDAQ:NVDA) showcased the high performance of its Tegra 3 mobile processor at the 2012 Consumer Electronics Show (CES) and revealed a new Tegra 3 feature called DirectTouch, enabling the processor to directly receive the touch-screen input without the need for a touch controller.
A model poses with a Galaxy Note of Samsung Electronics during a local launch event for Samsung's mobile devices at the company's headquarters in Seoul

Samsung Overtakes Apple; Set to Defeat Nokia

Samsung Electronics Co, the world's biggest technology firm by revenue and the world's No.2 handset maker, is confident of its handset shipments overtaking that of Nokia this year, its chief executive said on Monday.
New details rekindle HP-Hurd flap

HP Launches Glass-encased Laptop Computer

Hewlett-Packard Co on Monday unveiled a new glass-encased laptop computer as the largest computer maker stepped up its efforts to chip away at rival Apple Inc's stronghold in high-end PC market.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Sues Top Execs, Will Purge Board; Stock Soars

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
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Hostess May File for Chapter 11 Again: Report

Hostess Brands Inc, a wholesale baker, is again preparing to file for Chapter 11 bankruptcy protection this week, The Wall Street Journal reported, citing people familiar with the matter.
A worker walks near a power plant at Alcoa Fjardaal aluminium smelter, eastern Iceland

Alcoa Posts Q4 Loss but Gives Positive Aluminum Outlook

Alcoa Inc posted a fourth-quarter loss Monday due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.

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