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JORDAN ROBERTSON
Xerox 2Q profit declines 19 pct, but meets views
- Xerox Corp.'s second-quarter profit skidded 19 percent, but matched Wall Street's forecast, as the office-equipment maker was hurt by restructuring charges while its cash-cow supplies and services business hummed along smoothly.
EMC 2Q profit jumps 13 pct, tops Wall Street views
- EMC Corp. said Wednesday its second-quarter profit climbed 13 percent, topping Wall Street's forecasts, as the data storage specialist rang up record sales despite fears that economic uncertainty is tamping down information technology spending.
Study: Online banking possibly dicier than assumed
- Many banks are unwittingly training their online customers to take risks with their passwords and other sensitive account information, leaving them more vulnerable to fraud, new research shows.
Brocade deals for Foundry Networks in Cisco salvo
- Brocade Communications Systems Inc., dominant in an obscure corner of the data storage market, wants a piece of a bigger pie: Cisco Systems Inc.'s cash cow business of networking equipment that shuttles Internet traffic.