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Stocks rose sharply on Thursday as multinational companies such as IBM and Juniper Networks Inc. reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.

Shares of International Business Machines Corp. (NYSE: IBM) rose more than 4 percent in pre-market trading on Thursday, a day after the company expressed optimism for its full year outlook and reported a higher second quarter profit.

IBM will open in France its first nuclear consultancy center in July, at a time when utilities are looking to build new reactors and stretch the old ones' lifetime, an executive said on Monday.

The next big thing in computing could be systems to save the world from drowning in a rapidly rising sea of data, the head of deep computing at IBM told Reuters in an interview.

Web search leader Google Inc. and semiconductor maker Intel Corp. launched a broad-based program on Tuesday to introduce more energy-efficient personal computers and server systems to save energy and reduce greenhouse gas emissions.

International Business Machines Corp. (NYSE: IBM) was downgraded from a Buy to a Neutral rating by a Goldman Sachs (NYSE: GS) analyst after the firm reported its earnings for the first quarter on Wednesday.

Semiconductor firm Intel (NASDAQ: INTC) and technology solutions provider International Business Machines (NYSE: IBM) announced separately this weekend that both companies have solved a puzzle that will allow the semiconductor industry to keep making ever smaller computer chips.

Fourth-quarter profit at International Business Machines Corp. rose 11 percent and beat Wall Street expectations Thursday, and the company also delivered a blockbuster figure in services contract signings, an important measure of future revenue.

Information technology provider IBM (NYSE: IBM) and shoemaker Ecco announced a partnership Wednesday potentially worth over $12 million as the companies cooperate in infrastructure modernization.

IBM says its researchers have built a device capable of slowing down the flow of light, opening the door towards faster computing chips in the future.

Researchers from IBM, Macronix and Qimonda announced joint research results to a new kind computer memory technology on Monday, with the potential to be the successor to flash memory chips.

IBM Corp (NYSE: IBM) announced plans to collaborate with the Dutch astronomical research institute Astron to help the group create technology to peer deep into space.

Semiconductor firm Advanced Micro Devices (AMD) is gaining ground over its cross-town rival, Intel Corp., as the company's processors posted the largest gain in supercomputing applications in the past year.

As crowds lined up for the first time in stores across Japan this weekend for the highly anticipated Sony Playstation 3 gaming console, many prospective buyers were sure to be disappointed as company expected to struggle in meeting demand well into next year.

International Business Machines announced an expanded email archiving system built to run on top of Microsoft Windows Servers, the company said on Thursday.

Technology stocks rose in Tuesday noon trading, as industry titans Intel Corp. (INTC) and International Business Machines Corp. (IBM) lead the way with better than expected quarterly earnings.

The Romanian IT services market is expanding at a rapid pace, with experts expecting growth of 18.8% for 2006, just slightly lower than growth of 2005.

IBM, provider of information technology services and products, announced on Thursday that it will relocate its global procurement headquarters to Shenzhen, China, expanding on the company's initiative to become more efficient.

Revenue from disk storage in the Czech Republic is expected to surge in 2006 according to market research firm, IDC.

Operations of global software companies, financial institutions and government offices in India's main technology hub shut on Wednesday after activists called a strike over a border dispute with a neighboring state.

IBM and Xing Inc., a subsidiary of Brother Industries, announced a partnership to design and develop wireless karaoke controllers, allowing users to search for songs and order food or drinks from their tables.

IBM Corp. and Lenovo Inc. are recalling over half a million battery packs for its ThinkPad notebook computers equipped with rechargeable lithium-ion batteries manufactured by Sony Corp.

Intel, IBM, and other companies announced on Wednesday a proposal to enhance PCI Express technology, the system that allows data to travel between major components within a computer.

IBM unveiled a new approach to the services market on Tuesday, inaugurating the the formation of its new Integrated Communications Services unit.

International Business Machines Corp. on Tuesday unveiled the first in a new line of product bundles encompassing hardware, software and technical assistance as it looks to increase its sales to small and medium-sized companies.

Universal Music, the world's largest music company, is teaming up with advertising conglomerate WPP Group to link bands and brands.

World's largest computer service company, IBM Corp. has announced that it will establish a new software development center in Calcutta, West Bengal, and hire upto 3000 new staff to meet the robust demand for outsourcing.

Semiconductor designer and manufacturer, Advanced Micro Devices (AMD), announced on Tuesday an online virtual-trade room, allowing users listen to keynote speeches and explore exhibits from their computer screens.

The grass is always greener on the other side in China: foreign companies want to tap the country's 1.3 billion consumers while some Chinese firms are desperate to escape the cut-throat competition at home.