IBT Staff Reporter

80311-80340 (out of 154954)

NYSE board to meet on D.Boerse

The board of NYSE Euronext is expected to meet on Sunday to discuss a planned takeover by Deutsche Boerse, sources close to the deal said, while exchanges left out of the merger frenzy plotted their response.

Telus profit surges on data and wireless revenue

Telus Corp posted a 46 percent jump in quarterly profit on Friday, driven largely by strong data and wireless revenue, the Canadian telecoms company said, as it pushes ahead with its Internet television service.

Dell margins and consistency in focus

Dell Inc hopes healthy business spending and favorable component costs will help it build on recent progress to improve profitability -- and convince investors still not sold on its turnaround efforts.

Raided hedge fund Level Global to shut down

Level Global Investors, one of four hedge funds raided by U.S. authorities last November in a broad investigation into insider trading, told investors on Friday it would shut down, citing the pressure of the probe and investor redemptions.

Micron upbeat on DRAM and NAND memory prices

Micron Technology, the top U.S. maker of memory chips for computers, forecast favorable trends including an uptick in contract prices for DRAM as small players are forced out of the capital intensive industry.

Obama to visit Intel in Oregon next week

President Barack Obama will make a trip to Oregon at the end next week and will visit an Intel manufacturing plant as well as discuss the company's programs related to science, engineering and math programs, the White House spokesman Robert Gibbs said in a press conference on Friday.

Sandia Labs Helps Secure Nuclear Fuel in Kazakhstan

One of the ongoing problems with unclear non-proliferation efforts is what to do with nuclear material in the former Soviet Union. A group from Sandia National Laboratories recently completed a project in Kazakhstan, and taking another step towards securing it.

U.S. sues to block Ambac rehabilitation plan: filing

The Justice Department filed a federal suit over the restructuring of bond insurer Ambac, saying that a state court did not have the power to prevent the federal government from collecting potentially more than $700 million in taxes.

Market ends up as Mubarak quits

Stocks closed out their second straight week of gains with a rally on Friday sparked after Egyptian President Hosni Mubarak resigned, easing tension around the region for now.

Rivals respond to wave of exchange deals

Exchanges left out of the flurry of announced takeovers this week said they are considering striking their own deals or looking to take advantage of the distractions, in early signs of ripples through the world's capital markets.

Consumer sentiment hits 8-month high

U.S. consumer sentiment rose to its highest level in eight months in early February, boosted by recent tax cuts and optimism about the economy, a survey released on Friday showed.

Bloomberg: NYSE deal means U.S. accounting for all

Merging the iconic New York Stock Exchange with Germany's Deutsche Boerse AG will force European companies to switch to using U.S. accounting rules which have superior disclosures, Mayor Michael Bloomberg said on Friday.

End of Mubarak era as protests topple president

A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.

Nokia, Microsoft join forces in smartphone war

Nokia and Microsoft Corp will team up to build an iPhone rival, the Finnish phonemaker's last-ditch attempt to catch up with Google and Apple and arrest its decline in the global smartphone arena.

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