Intel Corporation today reported fourth-quarter revenue of $10.6 billion. The company reported operating income of $2.5 billion, net income of $2.3 billion and EPS of 40 cents. For 2009 Intel posted revenue of $35.1 billion. The company reported full-year operating income of $5.7 billion, net income of $4.4 billion and EPS of 77 cents. The [...]

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Eastman Kodak Company (NYSE:EK) will hold its annual strategy meeting with the institutional investment community on Thursday, February 4th, in New York City.
The meeting will be held at the New York Stock Exchange, located at 2 Broad Street. Registration will begin at 8:15 AM Eastern Time. The formal program will begin promptly at 9:00 AM [...]

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Capitalizing on the slim form factor and energy savings potential, the use of light-emitting diodes (LEDs) in LCD monitor panels is growing rapidly. Although the desktop monitor market is mature, panel makers and brands are working together to develop new features such as slimness and lower power consumption to rejuvenate the sector. Panel makers are [...]

Continue reading " LED Backlit LCD Monitor Panels Expected to Reach 22% Share in Q3’10 "

At a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will update the market on progress at the company’s Healthcare sector. Executives at Philips Healthcare, including sector Chief Executive Officer and member of the Philips Board of Management Steve Rusckowski, will elaborate on the fundamental strengths of Philips’ Healthcare [...]

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The head of McDonald’s restaurants in Hong Kong was convicted Wednesday of conspiracy after taking over $300,000 in bribes from a Thai company that supplied corn to the fast food chain, authorities said.
Lau Si-sing, 49, McDonald’s former managing director, was also found guilty of pressuring the unidentified Thai company to lie to investigators, according to [...]

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The Munich Regional Court in Germany approved an agreement that settles a lawsuit initiated by Autodesk, Inc. against Torsten Moses for copyright infringement of its flagship product, AutoCAD. It is now established that Moses’ LT Extender application, which interacts with and modifies AutoCAD LT, infringed Autodesk copyrights. Moses has agreed to pay damages to Autodesk [...]

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AMD (NYSE: AMD) extended the value and lifespan of its heralded Dragon platform technology today with five new additions to its AMD Phenom™ II processor family, including the industry’s only 45nm triple-core processors and three new AMD Phenom II quad-core processors. These AMD Phenom II processors deliver choice and lay the foundation for memory transition; [...]

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Elbit Systems Ltd. (NASDAQ:ESLT) announced today that that its 70%-owned subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a $60 million contract to supply an Airborne Surveillance System to a European country. Deliveries under the contract will be made over a two – year period.
Yitzchak Gat, CEO of Elisra said: “The Elisra system was selected [...]

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AT&T Inc. (NYSE:T) and Centennial Communications Corp. (Nasdaq:CYCL) today announced that AT&T plans to acquire Centennial, a regional provider of wireless and wired communications services, for $944 million in cash. The transaction will enhance AT&T’s wireless coverage for customers in largely rural areas of the Midwest and Southeast United States and in Puerto Rico and [...]

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Dailymotion, the world’s largest independent video sharing site, today announced a partnership with One Laptop per Child (OLPC), a non-profit organization established to bring the benefits of technology to the developing world. Under terms of the agreement, Dailymotion and OLPC will explore collaborations involving Dailymotion’s technology and selected educational content to benefit underprivileged children globally.

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