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Apple: iPhone sold out in U.S., U.K. - (Finance, 8 articles)
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In doing so, these companies including RIM, Nokia and Synaptics may run afoul of multitouch patent applications recently filed by Apple. " If Apple's patents are granted, the company could absolutely stop others from using similar technology says Raj Abhyanker, a patent lawyer who used to write patent applications for Apple. NEW YORK- Apple Inc.'s shares rose Monday as the company said its U.S. and U.K. online stores are sold out of the iPhone a signal that Apple is probably winnowing supplies ahead of the release of a next-generation model. Episodes of some HBO shows are likely to be sold at the standard price of $1.99 per episode or higher, these sources said, marking the first time Apple has agreed to selling television shows at different prices in the United States. Apple's upcoming iPhone software development kit will do more than enable programmers to create new software for the iPhone and iPod Touch. The Cupertino-based company confirmed that the iPhone is out of stock online, but added that brick-and-mortar stores run by Apple and iPhone carriers including AT&T Inc. might still have units available. Today, four mobile providers in the Asia-Pacific region announced partnerships with Apple to bring the iPhone to their regions later this year.
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Other stories about Apple, iPhone and Bold:
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HP has eye on IBM as it discusses EDS acquisition (Finance, 10 articles)
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Hewlett-Packard Co. is negotiating to buy Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts with large companies and government agencies. Palo Alto, Calif.-based HP and Plano, Tex.-based EDS, which provides information technology services, confirmed the talks Monday shortly after the Wall Street Journal reported a deal could be reached as early as Tuesday. The deal, worth between $12- and $13 billion, according to the Wall Street Journal, would help shore up HP's services business, which generated $16.6 billion in fiscal year 2007.
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Oil slips from record high on China demand worries (Finance, 10 articles)
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WASHINGTON (Reuters) - The Bush administration will resist calls to sell crude oil from the U.S. Strategic Petroleum Reserve to help boost available oil supplies in the market and lower prices, the White House said on Monday. NEW YORK (Reuters) - Oil slipped from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. WASHINGTON- President Bush said Monday that when he meets Saudi Arabia's King Abdullah later this week, he 'll bring up the effect that high oil prices are having on the U.S. and global economies.
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Tribune to sell Newsday to Cablevision (Finance, 13 articles)
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Cablevision said on Monday the deal returns the newspaper to Long Island, New York, ownership after 40 years, and said it sees opportunities for cross-marketing and advertising with its cable operations in the same area. NEW YORK - Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. in a deal valued at US$650 million, the companies announced Monday. Nestle SA said Monday that it is significantly scaling back plans to build what would have been the country's largest water bottling plant at the base of Mount Shasta.
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Yahoo fallout likely after rejection of Microsoft - (Finance, 5 articles)
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Despite such negative sentiment, Yahoo shares are unlikely to immediately fall back to their $19.18 pre-bid price, partly because some investors might still be holding out hope that the software maker will renew its takeover attempt if Yahoo continues to struggle. Yahoo shares ended last week at $28.67, slightly below the $29.40 per share that Microsoft was offering before Chief Executive Steve Ballmer agreed to raise the offer to $33 per share in a last-ditch effort to get a deal done. Yahoo Inc.'s stock took a beating yesterday after Microsoft Corp. withdrew its $47.5 billion takeover bid, but the punishment wasn't as severe as many analysts anticipated because investors suspect the rivals eventually will renew their mating dance.
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EnCana dividing into 2 companies: one oil, one gas (Finance, 4 articles)
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EnCana Corp. will create a publicly traded integrated oil company with oilsands as the growth driver, the company's board of directors said in a news release. The second company, with a working name of GasCo, will be aimed at growing the Canadian and U.S. unconventional gas resources in which EnCana already has a huge stake. The company is expected to become the second-biggest natural gas producer in North America, with a focus on unconventional resources that will deliver long-term, low-risk growth.
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Housing prices creep up 0.2 per cent in March: StatsCan (Finance, 5 articles)
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Most Asia-Pacific equities showed muted gains on Tuesday, following Wall Street's gains overnight, as investors took heart from retreating oil prices and better-than-expected earnings from HSBC. The pound recovered sharply from early losses on Monday after soaring producer price inflation data stifled expectations for aggressive UK interest rate cuts. Figures showed UK output prices rose 1.4 per cent in April, taking the annual rate to 7.5 per cent - the highest readings since the data series began in 1986.
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Standard Pacific considers sale after sixth straight loss (Finance, 5 articles)
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Standard Pacific Chief Executive Jeffrey V. Peterson told analysts in a conference call that falling house prices accounted for much of the company's losses and will continue to dog the builder for the rest of the year. In a Securities and Exchange Commission filing, the company also cited satellite launch delays and problems within its operations as factors that dampened growth. For the quarter that ended March 31, EchoStar reported net income of $259 million, or 58 cents a share, compared with net income of $157 million, or 35 cents a share, in the first quarter of 2007.
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Other stories about MBIA, quarter and bond:
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Microsoft's Yahoo move, oil prices shake market - (Finance, 4 articles)
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John Merrill noted that despite investors' concerns about the economy, Wall Street has logged a sizable rebound since its March lows. A pullback in oil prices helped send the Dow Jones industrials up more than 130 points, as did encouraging news about the credit markets. The benchmark 10-year Treasury note slipped 6/32 to 100 21/32 and its yield rose to 3.79 percent from 3.78 percent late Friday, according to BGCantor Market Data.
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blaster@cs.columbia.edu
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