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Stories by Marc Ferranti

  • Wall Street Beat: Megamergers, earnings roil tech

    Against a backdrop of economic uncertainty, acquisitions and earnings news from the world's top PC makers (Hewlett-Packard, Dell and Lenovo), the biggest Internet business (Google), and a major handset maker (Motorola Mobility) marked major realignments in tech this week.

  • Wall Street Beat: Tech shares on wild ride

    U.S. stock markets edged up for the day Friday afternoon, but fears of an economic slowdown and concerns about the debt crisis in Europe caused technology stocks to seesaw wildly along with shares of companies in other sectors this week.

  • Wall Street Beat: Tech earnings show sector strength

    A raft of computer and software vendor financial results this week, including reports from IBM, Intel, Apple and Microsoft, revealed some record quarterly results and a healthy market for business technology, though clouds remain for segments of the consumer arena.

  • Wall Street Beat: Google stirs market optimism

    Google's surprisingly strong earnings helped spark renewed confidence in the tech sector in advance of a raft of vendor earnings announcements next week, as shares of bellwether IT companies led markets upward Friday.

  • Wall Street Beat: Enterprise IT software sales up

    Oracle, Red Hat, Tibco and Adobe this week showed that software sales, especially for products geared for the enterprise, continue to be strong even though economic worries have caused confidence in the tech sector to decline.

  • 100 years of IBM: Milestones

    IBM is celebrating the 100th anniversary of its founding Thursday. Led by American capitalist icons Thomas J. Watson, Sr. and Thomas J. Watson, Jr. until the 1970s, the company grew from a pre-World War I conglomeration of companies making tabulating machines and time-keeping devices into a globe-spanning technology behemoth that pioneered the development of electronic computers and dominated the mainframe era.

  • Wall Street Beat: IT will have winners, losers

    Though signs for IT remain positive this year, worries about the economy sapped investor confidence this week as a wide range of businesses, including big computer industry vendors, suffered a drop in share value.

  • Wall Street Beat: Servers up, PCs down

    Good news trickled in this week for the hardware sector, plagued by a slump in the traditional PC market, as Gartner reported that server sales rose during the first quarter and Lenovo proved that there is demand for PCs in emerging markets.