Published on May 4, 2010 by Technology Slice
IBM Buys Cloud Computing Software Firm – IBM said it bought privately held software company Cast Iron Systems to bolster its expertise in cloud computing, an increasingly popular technology that helps companies cut costs by enabling access to software online. IBM said the deal will help customers integrate various cloud applications from providers like Salesforce.com [...]
Tags: 1 Billion, Acquisitions, Amazon Com Inc, Business Analytics, Cast Iron, Cisco Systems, Cisco Systems Inc, Computing Software, Emc Corp, Forrester Research, Global Cloud, Hewlett Packard Co, Hubspan, Netsuite Inc, Research Analyst, Shakeout, Software Company, Software Firm, Spss Inc, Technology Vendors
Posted in Technology
Published on March 9, 2010 by Technology Slice
Chile Quake Cost 8 Billion – QBE Insurance has warned industry-wide payouts linked to last month’s devastating Chilean earthquake could exceed US$8 billion. Speaking to investors in London QBE chief executive Frank O’Halloran warned costs of this size would probably trigger a series of price rises across the reinsurance industry which is expected to shoulder [...]
Tags: Acquisition Opportunities, Acquisitions, Aftershocks, Catastrophe Losses, Chief Executive, Chile, Chilean Earthquake, Citigroup, Commercial Insurers, Frank O, Halloran, Insurance, Investors, Magnitude, Qbe Insurance, Quake, Reconstruction Efforts, Reinsurance Industry, S Central, South Regions
Posted in Money
Published on February 19, 2010 by Technology Slice
NAB Earnings Jump – NAB has increased cash earnings by 20 per cent in the first quarter of fiscal 2010, from the final quarter of the previous year, after bad and doubtful debt charges fell. The bank’s cash earnings for the three months ended December 31 totalled $1.1 billion and included a contribution of $33 [...]
Tags: 1 Billion, Acquisitions, Assets, Business Performance, Cameron, Cash Earnings, Chief Executive, Dd, December 31, Decline, Doubtful Debts, Earnings Improvement, First Quarter, Gross Loans, nab, Previous Year, Quarter Result, Sound Business, Three Months Ended December
Posted in Money
Published on February 16, 2010 by Technology Slice
Guess we are all aware of the widely watched show on History channel, titled ‘Pawn Stars’, where priceless old acquisitions and antiquities are pawned. As per the latest, it would appear that the current episode of the widely followed History caper featured an old Sarolea motorcycle. On the evidence of the latest report, it is [...]
Tags: Acquisitions, Antiquities, Auction, Belgium, Bicycles, Bloke, Caper, Gearboxes, Genesis, Guess, History Channel, Liege, Long Distance, M2, Motorcycle Maker, Motorcycles, Pawn Star, Reliability Trials, United States
Posted in General
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