IBM and Japanese office equipment maker Ricoh Co Ltd will start sharing each other’s sales network this year and promote their servers and printers together, the Nikkei business daily said on Thursday.
The alliance will enable them to offer corporate clients International Business Machines Corp’s servers and Ricoh’s copiers and printers as a comprehensive office information [...]
Citigroup Inc.’s Indian American chief executive Vikram Pandit and chairman Win Bischoff would forego bonuses for 2008, the ailing banking giant announced as it formalised its bailout agreement with the US government.
Bonuses for other top executives will be “reduced substantially,” Pandit said in a memo to Citigroup employees Wednesday.
Citigroup has received $45 billion in federal [...]
The domestic IT- ITeS market is likely to grow 13.4% in 2009, the slowest since 2003, as per market research firm IDC India. The market which includes hardware, software and services, grew 17.3% in 2008 to generate revenue worth Rs 1,01,031 crore.
India is likely to witness a slower growth in the coming five years, IDC [...]
US credit card companies have little to celebrate as many analysts brace for 2009 to be one of the worst years on record for consumer credit. Losses for the industry could top $70 billion, but it is hard to predict how bad the pain will be.
US consumers have never before been so deeply in debt. [...]
General Motors Corp received its first multibillion dollar loan installment from the US Treasury Department Wednesday night, right in time to avert a financial disaster in which the struggling automaker may have been unable to sustain operations and pay suppliers.
“Treasury today finalized the loan transaction for GM and funded the first tranche of $4 billion,” [...]
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Where’s Dinah? Hiding!!, originally uploaded by KT Flicker.
It’s new years eve. Being a self-employed person I have learned I have an incredibly understanding boss who is giving me the rest of the week off (actually, practically the whole world is treating this week as a vacation week). To that end, I am signing off until next Monday — the first [...]
Click for a larger image
Notice the following on the weekly chart:
– All the SMAs are moving lower
– The shorter SMAs are below the longer SMAs
– Prices are below all the SMAs
BUT
– The MACD is oversold
– The RSI is oversold
– Prices are forming a triangle consolidation pattern
Click for a larger image
Notice the following on the daily [...]
Terminar el año con una sonrisa de agradecimiento es lo mejor que podemos sentir. Siento que el tiempo vuela como les pasa a todos, y por eso esta urgencia espontánea de compartir con ustedes esta alegría por todo aquello que representó este año que se va.
A mis alumnos, que están siempre atentos a [...]
Mobile phone maker Motorola Inc said it will lay off 400 more employees in the fourth-quarter than it originally planned, resulting in additional charges.
In October, Motorola announced a cost-reduction plan that included cutting a total of 3,000 jobs, with 1,500 coming in the fourth quarter. The change means 1,900 will be in the fourth quarter [...]