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The Register - Business: Financial News
Biting the hand that feeds IT
IT firms drown as rising tide buoys rest of UK plc
24 May 2012 at 2:01am
Techy Brit biz collapse rate leaps a third
The number of British business failures eased back in April, however IT firms bucked the trend with insolvencies up by a third compared to last year.?
Brocade shakes up sales leaders after earnings slump
24 May 2012 at 1:02am
New cards, same old faces?
Brocade has printed out a whole bunch of new business cards for its sales and marketing department, just a week after releasing Q2 results that showed sales falling year on year.?
Seagate poised to swallow LaCie, haul fattened bod into channel
23 May 2012 at 10:23am
Cali firm dives into deeper international waters
Spinning disk supremo Seagate has nailed down an agreement from Paris-based external drive products manufacturer LaCie to snap it up, and LaCie is up for it ? though the trade union and regulatory stuff is still being worked out.?
Facebook IPO plunge sparks tidal wave of lawsuits
23 May 2012 at 6:44am
Shares plummet, investors sue everyone, regulators pull out their probes
Investors in Facebook's IPO are not taking the stock's drubbing lying down and have launched lawsuits against the social network, its underwriters and NASDAQ, while regulators probe the way the debut was handled.?
Lenovo's on fire - and this time in a good way
23 May 2012 at 4:41am
Closing in on HP yet making loss in emerging markets
Lenovo set its sights on emerging and "PC+" markets as it seeks to build on what it describes as a record year.?
Facebook underwriters accused of hiding forecast
22 May 2012 at 10:09pm
Revenue numbers revised on the quiet, says Reuters
Reuters is airing accusations which, if true, would cast the Facebook IPO process in a very poor light indeed. The news service claims that underwriters Morgan Stanley cut its revenue forecasts for The Social NetworkTM but withheld the information from all but a privileged few.?
Dell gets a frightful haircut in Q1
22 May 2012 at 5:06pm
Tough competitive environment
Slowing sales of notebook PCs, sluggish markets in Europe and Asia, and tepid buyers in the public sector all combined to shave Dell's revenues and give its net income a serious haircut in its first quarter of fiscal 2013.?
Google officially buys Motorola, hits refresh on CEO
22 May 2012 at 8:28am
Plonks senior veep Dennis Woodside in driving seat
Google has officially bought Motorola Mobility and gifted Mountain View's senior veep Dennis Woodside with the task of the running the company.?
Barclays online banking falls over in outage riddle
22 May 2012 at 3:38am
'No idea why, but our new Pingit app is working!'
The Barclays online banking website has been offline since about 8am BST this morning for reasons unknown.?
Tech Data still feeling the burn from Brazilian shave
21 May 2012 at 11:01am
Country exit keeps hitting sales, but profit creeps up
Tech Data Corporation, the IT distie giant and parent of Computer 2000 and Azlan in the UK, has seen net income rise to $51.7m in the first quarter of the year, despite a fall in revenue.?
Nasdaq red-faced after software snafu stalls Facebook IPO
21 May 2012 at 7:18am
'Humbled' chief promises fix for temperamental public debut system
Nasdaq OMX chief Robert Greifeld has said he is "humbly embarrassed" by the technical glitch that held up Facebook's IPO on Friday.?
Ouch! Facebook slumps below IPO value on day 2
21 May 2012 at 6:55am
Stock stumbles after mega-hyped debut
Updated Facebook's stock tumbled below its initial public offering valuation to $37.46 per share in pre-trading figures on Wall Street this morning.?
Yahoo! gets! $7.1bn! injection! from! Alibaba! stake! sale!
21 May 2012 at 3:46am
Web biz flogs tasty slice of online tat bazaar
Chinese e-commerce biz Alibaba has signed a deal to buy back half of Yahoo!'s 40 per cent stake in the company, marking the beginning of the end of their partnership.?
NHS car-crash spatters CSC accounts with red ink
21 May 2012 at 2:19am
'Very poor' results, blubs CEO
The CEO of Computer Sciences Corporation (CSC) said that his company's performance in the last year had been "very poor", as he announced a staggering yearly loss of $4.2 billion.?
Facebook jumps then slumps in first few minutes day's trade
18 May 2012 at 11:18am
Round and round she goes, where she stops....
Facebook's shares debuted on the Nasdaq today at $42 and immediately skidded downwards to the original IPO price of $38.?
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International Currency Exchange Glasgow News
Dollar and precious metals at a glance
23 May 2012 at 1:35pm Key currency exchange rates Wednesday, compared with late Tuesday in New York:Read more...
Currency trouble
23 May 2012 at 12:55pm The rupee cracked 56 against the dollar on Wednesday, following a steady fall over the past few weeks. One of the basic facts about international currency dynamics is that foreign exchange markets first exhibit delayed reactions and then tend to overshoot the true, rational value of the exchange rate. It appears now that the rupee is undervalued ? judging, at least, by various trade-weighted ...Read more...
Currency exchange office opens at Rivercenter
22 May 2012 at 7:44pm A Foreign Currency Exchange branch buying and selling more than 70 foreign currencies opened last month at Rivercenter mall downtown. The two-employee branch, the Tampa, Fla.-based company's first in Texas, operates on the street-level corridor leading to Macy's Inc. department store and is open 10 a.m. to 9 p.m. Monday through Saturday. Branches typically grow to three to five employees, said ...Read more...














