Palo Alto Newswire (Page 5)
Comprehensive Real-Time News Feed for Palo Alto, CA. (Page 5)
Results 81 - 84 of 84 for "u:bloomberg.com" in Palo Alto, CA
EMC Corp., the maker of storage computers that's facing calls by an activist investor to break itself up, reported third-quarter earnings that fell short of analysts' estimates amid slowing spending on storage. Profit excluding some costs was 44 cents a share, the Hopkinton, Massachusetts-based company said in a statement today. Comment?
Daimler owned 3.9 percent of the Palo Alto, California- based automaker, according to data compiled by Bloomberg. The share sale generated about $780 million in cash for the Stuttgart, Germany-based automaker, which will add to earnings before interest and taxes by a similar amount, the company said in a statement yesterday. Comment?
It may already be illegal for Tesla Motors Inc. to sell its electric cars directly to consumers in Michigan , Governor Rick Snyder said as he considered whether to sign a bill that explicitly bans the practice. Snyder, who must decide by today, said the bill may merely "strengthen" current law. Comment?
Hewlett-Packard Co. plans to resume its share repurchasing program, damping speculation that the company might still consider acquiring EMC Corp. The buyback program had been suspended because of the possession of "material non-public information," Palo Alto, California-based Hewlett-Packard said in a statement today. Comment?
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