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BUSINESS BRIEF

BMC Software Reports First Quarter Results

BMC Software today announced financial results for its fiscal 2005 first quarter ended June 30, 2004 ...

Boston Scientific Announces Roaring Sales, Net Income

Boston Scientific today announced financial results showing net sales roared up 71 percent to $1.46 billion in the second quarter over the same time last year, and net income skyrocketed by 200 percent, to $377 million ...

BUSINESS BRIEF

Stocks Remain Stuck in Summer Doldrums

Stocks were unable to muster much of a bounce today off the lows set at the end of last week as investors fretted about what government economic reports to come out later this week would suggest about whether corporate profit growth will slow in coming months ...

Earnings Disappointment Leads Stocks Lower

Blame it on Microsoft. By now, the software giant must be used to being accused of causing every bad thing that happens, and Friday it found itself squarely on the hook for a dismal day on Wall Street that wrapped up a week most investors are eager to forget ...

Markets Inch Higher as Focus Turns to Microsoft

Wall Street was once again a rollercoaster Thursday as stocks plummeted and then rallied to close higher as investors waited for software giant Microsoft to report earnings after the close of trading ...

Markets Plunge on Earnings Worries

Federal Reserve Chairman Alan Greenspan today continued to declare the U.S. economy healthy and ready to continue growing, but investors turned their attention to corporate earnings and didn't like the outlook they saw, sending the markets sharply lower as a result ...

Sun Microsystems Reports Profit

Sun Microsystems reported results today for its fiscal fourth quarter and full fiscal year, which ended June 30, 2004. ...

Greenspan Says Spending Will Rebound

Federal Reserve Chairman Alan Greenspan said the U.S. economy is poised to continue expanding, and suggested that the sudden drop in consumer spending related to inflation will recede over time ...

Oil Prices Near Record Highs Again

Oil prices flirted with record high levels again today as a fresh round of sabotage attacks in Iraq revived fears that supplies to the U.S. could be impacted. ...

NEWS BRIEF

Microsoft and Lindows Settle Trademark Case for $20 Million

Lindows.com and Microsoft today announced that the two companies have reached a worldwide settlement in the trademark-infringement cases between the two companies ...

Stocks Close Down, Ending Bleak Week for Techs

Despite strong earnings from a number of blue-chip technology companies, the Nasdaq tumbled to a two-month low Friday as the markets closed out a week marked by persistent questions about the economic recovery. ...

Stocks Sag as Earnings Watchers Await Big Blue

Oil worries eased slightly Thursday, but uneven corporate earnings and outlooks that have yet to impress weighed on stocks as the market awaited news from another tech heavyweight. ...

AMD Meets Expectations After Rattled Markets

Terrorism fears rattled some markets around the world today as word that terrorists were reportedly eyeing the energy infrastructure of the U.S. drove oil prices back toward record levels again and helped drive stocks lower on the session. ...

IBM Buys Alphablox for Position in Business Intelligence

IBM has signed an agreement to acquire Alphablox Corporation, a privately held company based in Mountain View, California. The acquisition is expected to close later this month, but financial details were not disclosed ...

Intel Reports $1.8 Billion Profit After Quiet Market

Stock remained stuck in neutral most of Tuesday as investors were awaiting an earnings report from Intel that many thought could help determine the relative health of the technology sector ...

Ballmer Pledges Support for Innovation, Security

Microsoft CEO Steve Ballmer kicked off the third and final day of the Microsoft Worldwide Partner Conference 2004 -- the company's main event for business partners -- with a message of increased company investments to fuel innovation in the industry. ...

Stocks End Mixed, Google Chooses Nasdaq

Stocks ended Monday mixed, with the Dow posting meager gains ...

Earnings Bright Spots Move Markets Up

Stocks closed out the week with a mild rebound as some high profile earnings reports had better-than-expected news. ...

Cisco Buys Parc Technologies for $9 Million

Cisco Systems today announced a definitive agreement to acquire privately held Parc Technologies of London, United Kingdom. Parc develops traffic-engineering technologies and software for routing optimization. ...

Stocks End Skid as Techs Rebound

Stocks narrowly managed to halt a three-day Wall Street losing streak that began before the long weekend, as a modest rebound in technology shares helped buoy markets Wednesday ...

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