Wednesday, October 26, 2011

Amazon’s Apple war costs investors $20bn

Amazon’s Apple war costs investors $20bn


Amazon’s Apple war costs investors $20bn

Posted: 26 Oct 2011 06:45 PM PDT

Amazon.com Inc's escalating pursuit of Apple squeezed its profit forecast for this quarter, prompting investors to erase as much as $20 billion from the company's market value in late trading.


IBM names Ginni Rometty as first female CEO

Posted: 26 Oct 2011 06:23 PM PDT

Rometty, 54, will become the first female chief executive officer in IBM's 100-year history.


Germany passes bailout bill before EU summit

Posted: 26 Oct 2011 06:19 PM PDT

German Chancellor Angel Merkel won a parliamentary vote with a large majority on Wednesday on boosting the firepower of the euro zone rescue fund.


Futures tense on Muhurat day

Posted: 26 Oct 2011 06:13 PM PDT

Last year on Diwali day, the sensex had closed at 21,005, its highest close in history, but has lost 18% since then.


Gokaldas eyes mega Wal-Mart contract

Posted: 26 Oct 2011 05:30 PM PDT

Gokaldas Exports is set for new business contracts with the world's largest retailer Wal-Mart and niche European fashion houses.


Muhurat trading: Sensex ends flat

Posted: 26 Oct 2011 05:58 AM PDT

Sensex ended at 17275.37, up 20.51 points. Gains in capital goods, healthcare and power stocks were offset by losses in technology and oil&gas space.


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