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Moody’s Profit of $137M Exceeds Estimations

The profit reported by Moody’s Corp, the bond rating company, for the fourth quarter has exceeded expectations, while the company also indicated that it expects its business to do even…

February 6, 2011Comments Off on Moody’s Profit of $137M Exceeds EstimationsRead More

New Mainframe Computer Strengthens IBM

International Business Machines (IBM) experienced a rise in its shares’ value when a new mainframe computer was introduced. The company’s expenditure could also have contributed to this increase. According to…

October 17, 2010Comments Off on New Mainframe Computer Strengthens IBMRead More

Spending on Capital Equipment in the US Revives

Orders and spending for capital equipment in the US revived in August 2010, and was not as severely hit as predicted by economists. Though total orders declined by 1.3 percent,…

September 27, 2010Comments Off on Spending on Capital Equipment in the US RevivesRead More