ECONOMY & MARKETS

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Accenture Shares Rise on Stronger Outlook

Shares in technology consulting firm Accenture Ltd. rose on Wednesday (NYSE: ACN), one after the company posted strong second quarter the day before, beating estimates and raising its yearly outlook.

Stocks Drop on Bernanke Inflation Remark

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Stocks slid further Wednesday after Federal Reserve Chairman Ben Bernanke appeared to chide investors who may have looked past concerns about inflation following Fed comments last week. The Dow Jones industrials fell more than 100 points.
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Alcatel Lucent Shares Surge on Verizon Contract

Shares of Alcatel Lucent, the world's largest telecommunications equipment maker, surged Monday after the company was awarded a 3 year, $6 billion contract from Verizon, Inc. (NYSE: VZ) to expand the company's wireless networks.
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Boston Sci Shares Down, Abbot Up on Stent Report

Shares of Boston Scientific (NYSE: BSX) dropped to their lowest price since 2002 on Monday, while shares of Abbott laboratories (NYSE: ABT) rose after a medical study showed that Abbot's stent device was better at treating clogged heart arteries.
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Dell Rallies on Upgrade

Shares of computer maker Dell (Nasdaq: DELL) rallied today after investment bank Goldman Sachs upgraded the firm from to a buy rating from its previous neutral rating.
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SanDisk Shares Rally on Patent Settlement

Memory maker SanDisk (NASDAQ: SNDK) announced last night that it reached a settlement to a long-standing patent dispute with rival memory maker, Hynix, sending shares up over 3 percent in mid-day trading on Wednesday.
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Dow, Nasdaq Head for Mixed Opening

U.S. stocks headed for a narrowly mixed opening Wednesday as investors await the Federal Reserve's latest take on the economy and any hint of the central bank's plans for short-term interest rates.
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Rambus Rallies on FTC Stay

Shares of memory technology maker Rambus (NASDAQ: RMBS) soared on Tuesday after anti-trust authorities delayed an order to that would have required the company cut royalty rates on its key patents.
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HP's Shares Fall on Mild Forecast

Shares of technology company Hewlett-Packard (NYSE: HPQ) fell Wednesday, a day after the firm gave a mild forecast for its upcoming quarter.
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Apple Rallies on Strong March Outlook

Apple Inc. (Nasdaq: AAPL) rallied on Wednesday after Prudential Equity Group raised its earnings estimate for the firm's current quarter, expecting strong computer sales as well as cheaper parts.
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Microsoft Shares Fall after Vista Warning

Shares of software giant Microsoft (NASDAQ: MSFT) fell on Friday after Chief Executive Steve Ballmer, said analysts' revenue predictions for Windows Vista were a 'little overly optimistic.'
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HP Edges Higher on Price Target Upgrade

Shares of technology company Hewlett-Packard (NYSE: HPQ) edged slightly higher in Tuesday mid-day trading, after an analyst raised his price target for the company on strength from its core businesses.
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Alcoa Shares Jump on Takeover Talk

Shares of aluminum industry leader Alcoa, Inc. (NYSE: AA) rose over six percent Tuesday on talk of a possible takeover bids from mining giants BHP Billiton and Rio Tinto.
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Boeing Shares Continue to Rise

Boeing Co. (BA) shares continued to rally on Wednesday after air transport firm FedEx announced Tuesday that it had switched to Boeing freighters in response to the delay of the Airbus A380 Super Jumbo Jet.
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Tech Stocks: Intel, IBM Rise as Yahoo Sinks

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.
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Dollar Hits 5-1/2 Month High After BOJ Survey

The dollar hit a 5- month high against the yen on Monday as investors dumped the Japanese currency after it failed to hold on to gains following the BOJ tankan survey, which showed confidence at big manufacturers hitting a two-year high.
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Wall St Week Ahead: Dow May Test Highs

U.S. stocks may test record highs next week as muted oil prices take center stage. But the September jobs report on Friday could keep traders cautious and upend a rally.
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Slowing Housing May Cut Into Wall St. Bond Bonanza

Fixed income is likely to be less of an engine for profit growth for Wall Street firms as the United States housing market growth shows signs of slowing after two years of Federal Reserve interest rate hikes.

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