Channel Insider Staff

By Philipp Gollner SAN FRANCISCO, April 16 (Reuters) – IBM posted stronger-than-expected quarterly results on Wednesday and raised its 2008 outlook, boosting the shares 2.7 percent and sending an encouraging signal about technology earnings in the face of a weak U.S. economy. International Business Machines Corp’s technology services, consulting and software revenues were particularly strong […]

NEW YORK, April 15 (Reuters) – Electronics distributor Avnet said on April 15 that quarterly earnings would be well below expectations and that revenue would be toward the low end of its target, citing lower rebates and higher expenses. Shares of the supplier of components for chip makers fell almost 8 percent on New York Stock Exchange […]

Friday, April 4 — The General Services Administration issues a statement saying that the Environmental Protection Agency has lifted the suspension which banned IBM from participating in any new contracts with any federal agencies.  IBM says it will resume its participation immediately, and will continue to cooperate with government investigations. Thursday, April 3 — Reversing […]

The ban against IBM selling to the federal government has been lifted, according to government sources. In a statement released the morning of April 4 by the General Services Administration, the Environmental Protection Agency lifted the suspension against IBM a week after it was imposed. Big Blue, in a prepared statement, said that it planned […]

  FLASH UPDATE:  The GSA has since retracted its statements and informed Channel Insider that IBM partners will not be affected by the ban.  To read the full story click here   FLASH UPDATE: The GSA announced the IBM suspension has been lifted.  To read the full story click here.   VARs and systems integrators […]

By Eric Auchard SAN FRANCISCO, March 31 (Reuters) – IBM is under investigation by the U.S. Environmental Protection Agency over an $80 million bid it made in 2006 to modernize EPA financial systems and has been suspended from seeking new contracts with all U.S. agencies, the company said on Monday. In addition, IBM said the […]

NEW YORK (Reuters) – Motorola Inc said on Wednesday it would split into two publicly traded entities to separate its loss-making handset division from its other businesses, sending its shares up more than 10 percent. The move, which comes amid an intensifying proxy battle against activist investor Carl Icahn, would take the form of a […]

SAN FRANCISCO (Reuters)—Dell Inc said on Tuesday the personal-computer industry was experiencing a shortage of laptop batteries partly because of a recent fire at a major supplier, but the company was working with other suppliers to limit any price increases. Dell, the world’s second-largest PC maker after Hewlett-Packard Co., also said prices of its separately sold […]

NEW DELHI (Reuters) – Dell, the world’s No. 2 maker of personal computers, said on Tuesday it had tied up with Indian retailer Infinity Retail to sell its laptops and desktops through the Croma chain of stores from April. Dell last year abandoned a long-standing policy of only dealing directly with customers, and started selling […]