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Caterpillar Raises Full-Year Forecast - 19 days ago
Caterpillar, the maker of bulldozers and excavators, has posted surprisingly high third-quarter earnings that managed to beat analyst expectations and raised its full-year forecast to a level that beats the highest analyst prediction. The company has... Topics: bulldozer, caterpillar, excavator, full-year forecast, recession

SanDisk Posts 3Q Profits off Higher Sales - 19 days ago
Memory device maker SanDisk Corp. has a posted a surprisingly strong third-quarter profit after experiencing a period of unexpectedly high sales and income from previously written-down inventories. While the market for memory products went through rough.. Topics: Economic Downturn, memory chips, Sales, sandisk, technology sector

Sun Microsystems Will Shed 3,000 Jobs - 19 days ago
Sun Microsystems has decided that it will reduce its workforce by 3,000 jobs, or 10 percent of all its employees, because of several delays in its acquisition by Oracle Corp. Even after Oracle completes the acquisition of Sun, though, the company, which.. Topics: acquisition, job cuts, oracle, Sun Microsystems, unemployment

New Housing Bailout on the Way - 20 days ago
While many taxpayers and federal officials have called for the government to wind down its spending on its various federal bailout programs, the Obama administration has just announced a new housing bailout to help fix the housing market. The plan would.. Topics: bailout, economic crisis, housing, housing market, renters

Sprint Buys IPCS for $426M - 20 days ago
Sprint Nextel Corp has decided to purchase its affiliate iPCS Inc. for $426 million, a move that will mark the final acquisition of Sprint’s last major independent affiliate and the end to a legal battle between the two companies. Sprint’s 2005... Topics: iPCS, phone companies, Sprint, Sprint Nextel

























