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IT Service News

IT Services news continually updated from thousands of sources around the net.

43 min ago | Insurance & Technology

Sword Group Acquires AgencyPort

Property/casualty industry distribution solutions vendor Sword Group has acquired the full share capital of privately-held insurance distribution technology provider AgencyPort .

Comment?

Related Topix: Computers, New York Metro

4 hrs ago | CRM Daily

Flat Shipments Hurt Dell Despite Increased Earnings

Concerns that Dell isn't leading the PC market recovery hurt Dell's stock despite increased earnings and solid expectations.

Comment?

Related Topix: Computers, Dell, PC, Perot Sys

9 hrs ago | Hollywood Reporter

Viacom, Verizon CEOs talk Comcast, retrans

Viacom president and CEO Philippe Dauman expressed some concerns about a possible Comcast acquisition of a majority stake in NBC Universal Friday, but said his firm will wait with a full evaluation until terms and other details are announced.

Comment?

Related Topix: Media, Viacom, Verizon Communications, Telecom, Liberty Media, Television, Business News

Fri Nov 20, 2009

Hampton Roads Daily Press

Medidata Solutions plans 4.5 million-share common stock offering; stock falls

Medidata Solutions Inc., a maker of software and services for clinical development of drugs and medical devices, said Friday it plans a public offering of 4.5 million shares of its common stock.

Comment?

Related Topix: Computers, Software

Portland's CW32 KRCW -TV

Moody's Investors Service downgrades Sprint Nextel rating to 'Ba2'

Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel Corp.

Comment?

Related Topix: Sprint, Telecom, Overland Park, KS

Journal News

Union protests as Verizon lays off 28 in Westchester

Verizon Communications Inc.'s push to cut an additional 8,000 jobs by the end of the year hit Westchester County on Wednesday, as a local union protested the firing of more than two dozen workers.

Comment?

Related Topix: Verizon Communications, Telecom, Westchester County, NY, Port Chester, NY, New York Metro

Bizjournals

Iron Mountain's digital chief to leave

Iron Mountain Inc. disclosed Wednesday the chief of its digital business unit would be leaving at the end of the year and will be replaced by the founder of its eDiscovery product unit.

Comment?

Related Topix: Iron Mountain, Transportation, Stratify, Startups

Freshnews

ManTech Makes Two Appointments in Its Technical Services Group: Thomas A. Gardner, Jr

ManTech International Corporation has named two industry experts to lead its Smart Power and Afghanistan-Pakistan campaigns supporting customer global initiatives.

Comment?

Related Topix: ManTech International, Computers, Software, US Military, US Navy, US News, Prison

Rediff.com

India's 10 richest people

Rediff Business Desk Reliance Industries chairman Mukesh Ambani is the richest man in India with $32 billion in net worth followed by steel tycoon Lakshmi Mittal and younger brother Anil Ambani, according to the Forbes ' annual rich list for the country.

Comment?

Related Topix: Mukesh Ambani, Lakshmi Mittal, Anil Ambani, Infosys Technologies, Software, Wipro, Computers

Thu Nov 19, 2009

Xchange

Libertya s Malone: DirecTV a Compatiblea With Carriers

Lending credence to reports of a possible hookup between the No. 1 U.S. satellite-TV provider and one of the major U.S. carriers, Liberty Media chairman John Malone said at a shareholders' meeting today that " DirecTV is very compatible with the phone companies." As reported by Reuters, the comments came at a special gathering to approve the ...

Comment?

Related Topix: Directv, Cable & Satellite, Liberty Media, Media, Television, Comcast, Verizon Communications, Telecom

KIFI

Verizon Wireless lays off former Alltel workers

Verizon Wireless laid off more former Alltel Corp. headquarters workers Thursday, saying the jobs were redundant after its acquisition of the Arkansas-based wireless provider.

Comment?

Related Topix: ALLTEL Shareholder Services, Telecom, Verizon Communications

Fox News

Stage Stores Trims Third-quarter Loss, Ups Outlook

Stage Stores Inc. on Thursday reported a third-quarter net loss of $7.3 million, or 19 cents a share, compared to a loss of $102.8 million, or $2.66 a share, in the same period last year.

1 comment

Related Topix: Retail, Stage Stores, Computers, Business News

Lubbock Avalanche-Journal

Review: $100 Palm Pixi is stylish but sluggish

Palm Inc. is fighting harder than ever to snag a chunk of the smart phone market, and just six months after releasing the stylish Pre it's back with a lighter, more petite and affordable version called the Pixi.

Comment?

Related Topix: Sprint, Telecom, iPhone, Social Software, Cameras

Register-herald.com

Consumer advocate, staff oppose phone deal

Some key state regulatory officials are opposing Frontier Communications Corp.'s plan to buy Verizon's wire line business in West Virginia and 13 other states.

Comment?

Related Topix: Verizon Communications, Telecom, US Politics, US News, US House of Representatives, Representative Harry Mitchell, Democrat, Carolina, WV, Washington, WV, Beckley, WV

Daily Herald

IPCS opposes price in deal

IPCS Inc. investor Greywolf Capital Management LP urged the carrier's board to hold out for a higher takeover offer from Sprint Nextel Corp.

Comment?

Related Topix: Sprint, Telecom

Wed Nov 18, 2009

Star Tribune

Correction: Verizon layoffs

In a Nov. 17 story about job cuts at Verizon Communications Inc., The Associated Press, relying on a labor union report, erroneously reported that Verizon is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia.

Comment?

Related Topix: Verizon Communications, Telecom, Semiconductors, Semtech, Electronics

Dayton Business Journal

Cincinnati Bell sells cell towers to American Tower

American Tower Corp. said Wednesday it is buying 196 wireless communication towers from Cincinnati Bell Inc.

Comment?

Related Topix: Telecom, Cincinnati Bell, Cable & Satellite, American Tower

TeleGeography CommsUpdate

SingTel reveals plan to conduct LTE trials in Asia and Australia

Southeast Asiaa s largest telecoms group by subscribers and revenues Singapore Telecommunications , yesterday announced its intention to conduct a regional trial of Long Term Evolution technology in Australia, Indonesia, the Philippines and Singapore in collaboration with Optus, Globe Telecom and Telkomsel.

Comment?

Related Topix: Telecom

SF Gate

Satyam faces claims of about US$267 million

Article:Satyam faces claims of about US$267 million:/g/a/2009/11/17/urnidgns002570F3005978D80025767100521D79.DTL Article:Satyam faces claims of about US$267 million:/g/a/2009/11/17/urnidgns002570F3005978D80025767100521D79.DTL 07:49 PST -- Indian outsourcer Satyam Computer Services has received legal notices from 37 companies, demanding the return ...

Comment?

Related Topix: Satyam Computer Services, Software, Computers

ABC News - Brian Ross

SAIC Reclassifies Shares Into Common Stock

Defense contractor Science Applications International Corp., or SAIC Inc., has completed the reclassification of its class A preferred stock into common stock.

Comment?

Related Topix: Computers

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