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Bios
online financial news publication based in New York. From 1997 to 1999, he was the San Jose Mercury News' first high- tech stocks columnist and from 1992 until 1997, he covered a variety of beats as a reporter for Crain's Chicago Business culminating
Story|10/24/2009
How the Dow Jones industrials fared Wednesday
Business
caution gave way to a rally in the last hour of trading as investors looked for stocks that could benefit from a rebound. Technology stocks lagged after Intel Corp.'s tightlipped forecast caused jitters about a corner of the market that had drawn buyers over
Story|04/15/2009
European investors await Bank of England
| AP| Business
broader Standard & Poor's 500 futures rose 5.3 points, or 0.6 percent, to 827.90. On Wednesday, insurance and technology shares led Wall Street higher in a volatile day. The Dow Jones industrials rose 47.55, or 0.6 percent, to 7,837.11
Story|04/09/2009
Stocks jump after Fed says it will buy Treasurys
| AP| Business
Home improvement retailers jumped as well. Home Depot Inc. rose 5.1 percent and Lowe's Cos. added 4.7 percent. Technology stocks rose on news that International Business Machines Corp. is in discussions to buy Sun Microsystems Inc. for at least
Story|03/18/2009
Medtronic spends $1B on heart valve acquisitions
Business
investors. He added that the transactions will put pressure on Edwards Lifesciences Corp., the current leader in valve technology . Shares of Irvine, Calif.-based Edwards fell $2.81, or 4.6 percent, to $58.27. Medtronic CEO Bill Hawkins recently
Story|02/23/2009
Gold prices decline as dollar shows strength
| AP| Business
while March copper futures fell 3.75 cents to $1.4310 a pound. On Wall Street, investors traded selectively, sending tech shares higher and financials and blue chips lower. Mostly negative economic data and news of more layoffs deterred investors from
Story|02/02/2009
Business
locations. The company employs about 180,000 people. ___ Tech stocks rise but broader market declines NEW YORK (AP) _ Investors ..... turned to a strategy of cherry-picking stocks _ sending tech shares higher and industrials lower. The market's concerns Monday
Story|02/02/2009
Japan shares sharply down on US economic worries
BUSINESS
161,300) souped up version of its GT-R sportscar that it said was still a bargain compared to European rivals. High- tech shares were also down after Intel Corp., the world's largest chip maker, sharply cut revenue projection Wednesday due to weaker
Story|01/08/2009
Intel's miss weighs on Microsoft shares
SCITECH
microprocessors has dropped and PC makers have reduced inventory. After the close of what is shaping up as a grim trading day for technology stocks , Microsoft Chief Executive Steve Ballmer will have a chance to give investors something else to focus on. The CEO is
Story|01/07/2009
Wall Street braces for 2009's first full week
| AP| BUSINESS
lost potentially $50 billion in what is being called the biggest Ponzi scheme in U.S. history. In corporate news, technology stocks may also be in the spotlight with two major events planned _ Macworld and the Consumer Electronics Show. Apple Inc. will
Story|01/04/2009