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Lenovo to Sell VMware in China

Lenovo confirmed its intentions to distribute sell and support VMware's virtualization platform in server systems sold in China.

Goodyear Profit Tops Estimates, Shares Jump

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Goodyear Tire & Rubber Co reported stronger-than-expected quarterly profit on Friday with price hikes offsetting the rising cost of raw materials and favorable exchange rates.
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CNN Faces $1.3 Bln Lawsuit - $1 per person in China

CNN is being sued on not just on one, but two continents. A Chinese primary school teacher and a beautician have filed a suit against CNN in New York over remarks they say insulted the Chinese people, in addition to the 14 lawyers who are trying to have their case heard in Beijing courts.
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Wall Street Gains, Dow Up Triple Digits

U.S. stocks gained on Thursday for a second day, with the Dow at its highest since January, after financial shares reversed losses and Merrill Lynch & Co. said it has enough capital to maintain its dividend, while retailers got a boost from lower oil prices.
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Oil vigilantes are resurfacing in the Nymex oil pits

By Gary DorschIn the futures markets, crude oil is up 80% from a year ago, unleaded gasoline up 40% natural gas up 39%, Soybeans are up 83%, corn up 65%, wheat up 95%, sugar up 30%, Gold up 36%, and rough rice is 125% higher from a year ago
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Amazon 1Q Earnings Beat Expectations

Amazon.com Inc., the world's largest Internet retailer, on Wednesday reported second-quarter profit rose 29 percent, beating analysts' expectations, citing stronger sales in the U.S. and abroad amid co
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Starbucks Sales Fizzle

Starbucks Corp., believing the gloomy market in the U.S. will hamper its sales, reduced its earnings forecast for the second quarter and full year on Wednesday.
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Mac, iPhone sales boost Apple 1Q earnings

Apple Inc. on Wednesday reported second-quarter profit rose 36 percent, beating analysts' expectations, while revenue climbed above $7 billion on stronger demand for its Macintosh personal computers and iPhones.
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Mining Stocks to hit New Highs

In this article, the third of a three part interview in The Gold Report, Greg McCoach, editor of The Mining Speculator, gives us his top choices for mining equities. Learn why Greg believes we need to do some comparison shopping right now in the junior market and why, although he's bullish on uranium, there are just a few uranium miners he recommends.
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Dollar rises against Euro after record low

The dollar gained against the euro on Wednesday after a top Luxembourg's finance minister indicated unease with currency volatility a day after the dollar crossed the $1.60 per euro mark for the first time and oil rose to record highs.
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U.S. Stocks Mixed on Earnings Reports

U.S. stocks took a slow upturn on Wednesday, on better-than-expected profits airplane manufacturer Boeing Co., while technology and industrial companies also raised investors optimism by releasing positive earning results. The Standard & Poor's index took a downturn at midday trading.
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Boeing Profits Top Wall Street Forecasts

Boeing Co., the world's second biggest commercial airplane manufacturer, said Wednesday its first quarter profit was better expected at $1.2 billion, a 38 per percent gain from last year as it increased deliveries to airlines and built a record backlog of orders.

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