Category: Business News
IBM Teams Up With Red Hat

IBM Teams Up With Red Hat

International Business Machines teamed up with Red Hat (RHT) to help companies more quickly adopt hybrid cloud services, helping them benefit from Red Hat's OpenStack platform and ...

First Data to Acquire Acculynk

First Data to Acquire Acculynk

Shares of First Data Corp. were up almost 2% Thursday after the company said it sealed a deal to acquire Acculynk, an Atlanta, Georgia-based technology firm that provides ...

UK Unemployment Rate Matches Lowest Since 1975

UK Unemployment Rate Matches Lowest Since 1975

The UK unemployment rate in the three months to January matched the lowest since 1975 as employment made sharp gains, the Office for National Statistics (ONS) said on Wednesday. ...

Prudential Posts Record Operating Profit for 2016

Prudential Posts Record Operating Profit for 2016

UK insurer Prudential posted a record operating profit for 2016 driven by its performance in Asia, which has an increasingly affluent population, raising demand for its health and ...

Caterpillar Tax and Penalties for 2013-2016 Could Top $3 Billion, Citi Says

Caterpillar Tax and Penalties for 2013-2016 Could Top $3 Billion, Citi Says

Citigroup said Caterpillar's (CAT) 2016 10K states that the IRS's proposed increase to tax and penalties for tax years 2007 to 2012 is about $2 billion. Caterpillar has continued ...

European Equity Benchmarks Close Flat

European Equity Benchmarks Close Flat

The broad-based major European indices were relatively unchanged in Thursday's trading session, as the London and Frankfurt exchanges edged lower, while the French bourse saw ...

Micron Technology Revised EPS Guidance Supports Goldman View of EPS Upside Near Term

Micron Technology Revised EPS Guidance Supports Goldman View of EPS Upside Near Term

Micron Technology's (MU) positive preannouncement supports Goldman Sachs' view of near-term earnings per share upside from better margins. The revised EPS guidance of $0.86 at ...