HP Enterprise revenue beats on higher demand for networking devices
(Reuters) – Data center technology company Hewlett Packard Enterprise Co reported a better-than-expected quarterly revenue, helped by higher sales for its networking equipment.
HP Enterprise’s quarterly revenue rises 2.5 percent
(Reuters) – Hewlett Packard Enterprise Co reported a 2.5 percent rise in quarterly revenue on Tuesday, helped by strong growth in the company’s enterprises and financial services businesses.
UTC touts $23 billion deal as stock drops, Boeing turns critic
NEW YORK (Reuters) – Investors and Boeing Co gave two thumbs down on Tuesday to aerospace and industrial company United Technologies Corp $23 billion plan to buy avionics maker Rockwell Collins Inc.
Wall St. closes lower on North Korea concerns
NEW YORK (Reuters) – U.S. stocks sank on Tuesday, with the S&P 500 stumbling to its biggest single-day loss in about three weeks, as investors weighed fresh tensions with North Korea.
Wall St. slumps on fresh North Korea tensions
(Reuters) – Wall Street’s three main indexes sank on Tuesday, with the S&P 500 on track for its biggest down day in about three weeks, as investors weighed fresh tensions involving North Korea.
United Tech defends $23 billion Rockwell deal, Boeing turns critic
NEW YORK (Reuters) – Aerospace and industrial company United Technologies Corp defended its $23 billion acquisition of avionics maker Rockwell Collins Inc on Tuesday, as Boeing Co said it was skeptical the deal would benefit airlines.
Wall Street falls more than 1 percent on rising North Korea worries
(Reuters) – The three major Wall Street indexes fell more than 1 percent on Tuesday and were on track to mark their worst single-day fall in nearly three weeks, weighed down by mounting tensions on the Korean peninsula.
Tronc buys New York Daily News in push into No. 1 media market
(Reuters) – Tronc Inc , owner of the Chicago Tribune and the Los Angeles Times newspapers, has gained entry into the United States’ top media market by acquiring the New York Daily News from publishing and property mogul Mort Zuckerman.
U.S. factory orders tumble, but business spending firming
WASHINGTON (Reuters) – New orders for U.S.-made goods recorded their biggest drop in nearly three years in July, but demand for capital goods was stronger than previously reported, pointing to a faster pace of business spending early in the third quar…
United Tech defends $23 billion Rockwell deal as shares slide
NEW YORK (Reuters) – Aerospace and industrial company United Technologies Corp defended its $23 billion acquisition of avionics maker Rockwell Collins Inc on Tuesday, saying it would yield cost savings and not force it into quick sales of other big b…
