Oracle and Sun SPARC SOLARIS world record TPC-CpPerformance beats IBM's best results on DB2 with power 595 server, both companies announced during the opening keynote on Monday night at Oracle OpenWorld 2009 in San Francisco.
Private equity firm Blackstone Group LP is planning to list up to eight companies it owns and sell at least five others, the Financial Times said on Monday.
Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday.
Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce.
Comments by U.S Federal Reserve Bank Chairman Ben Bernanke relating to interest rates and inflation kept a lid on the Aussie dollar heading into the weekend and it opens this morning relatively unchanged from Friday''s Asian close at 0.9035.
There may not be as much slack in the U.S. economy as many forecasters believe, which means medium-term inflation risks could be higher, a Federal Reserve official said on Sunday.
China has formally relaxed rules on inbound portfolio investment, raising the maximum sum a single institution may invest to $1 billion from $800 million, the State Administration of Foreign Exchange (SAFE) said.
The stock market is set to continue its winning ways in the coming week as momentum builds during earnings season.
The market order is the most frequently used order. It is a very good order to use once you have made a decision about opening or closing a position. It can keep the customer from having to chase a market trying to get in or out of a position. The market order is executed at the best possible price obtainable at the time the order reaches the trading pit.
An economic indicator is information amassed and published by a government or private entity recording the activity in a particular economic sector, either in a specific industry or in an entire economy. Most indicators are statistical, but they can be anecdotal or subjective as well. Indicators are recorded and published on a regular basis by many organizations and are used by traders to assess the strengths or weaknesses of an economy, to predict future activity, to judge central bank policy, ...
The world's airlines have agreed to new fuel efficiency and carbon emission targets which go much further than the levels required through regulation, an industry group said on Saturday.
India is set to become a global leader in technology services as software companies move up in the value chain, while the weak dollar has hurt the U.S. economic recovery, the Chairman and CEO of business publisher Forbes said on Saturday.
Stanford University is trying to sell $1 billion of its $12.6 billion portfolio of assets including investments in venture capital, its head of investments said on Friday.
Brazil stocks racked up yet another high for the year to date on Friday, as Brazilian stocks followed foreign markets upward after profit-taking in the morning. The benchmark Bovespa index rose 0.49 percent to 64,071.01, after hitting a new intraday high for the year as investors stayed optimistic about Brazil's economic recovery.
The U.S. Federal Reserve must continue to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.
The U.S. jobs market continued to remain tight in August amid recent payroll data showing job cuts nationwide, according to new data released Friday.
U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
Oil field services company Trico Marine Services Inc said its unit Trico Shipping AS plans to raise $400 million through senior secured notes, and will use the proceeds to repay debt.
General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure Chinese machinery maker in an agreement that underscores the fast rise and global ambition of the Chinese auto industry.
U.S. stocks ended higher on Friday, extending the rally to a five-day gain, as investors anticipated positive news from next week's key earnings reports, while bullish broker comments boosted tech shares.
Citigroup Inc agreed to sell its Phibro energy trading business to Occidental Petroleum Corp for a pittance, allowing the bank to calm regulators who were outraged over a $100 million pay package the unit was obliged to pay a star trader.
Stocks rose slightly on Friday, extending their four-day winning streak as investors anticipated some positive news out of next week's key earnings reports, while bullish broker comments gave a boost to tech shares.
Shares of DragonWave Inc soared as much as 17 percent to a lifetime high, a day after the supplier of packet microwave radio systems posted quarterly results that topped market estimates and raised its fiscal 2010 revenue outlook.
General Motors Co on Friday signed an agreement to sell its Hummer SUV brand to China's Sichuan Tengzhong Heavy Industrial Machinery in a deal that marks the first time a Chinese buyer has acquired a distressed asset from the American auto industry.
Stocks advanced modestly on Friday, as investors awaited a wave of key earnings reports scheduled for next week while bullish broker comments lifted tech stocks.
The U.S. trade gap narrowed unexpectedly in August as oil imports plunged and exports grew for the fourth consecutive month, a U.S. Commerce Department report showed on Friday.
Oil fell toward $71 a barrel on Friday, a stronger dollar outweighed a positive demand outlook from the International Energy Agency.
Stocks staged modest gains on Friday, lifted by supportive comments on technology bellwethers before key earnings reports due next week.
Oil rose to more than $72 a barrel on Friday, as a positive demand outlook from the International Energy Agency outweighed a bounce in the dollar.
Wynn Macau's strong debut in Hong Kong on Friday shows appetite for gambling stocks is strong despite high valuations, and will cheer U.S. casino rival Las Vegas Sands , which plans a listing later this year.
