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Last updated: 14:12:14 Saturday Sep 27, 2008


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Networking Equipment



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  • Media group to create new digital video "ecosystem"
    LOS ANGELES (Reuters) - A group of media industry companies said it is planning to build a digital world where video devices and content websites play together in perfect harmony, and consumers can safely store their digital content and access it anywhere in the world.   2008-09-12

    Wall Street soars on Fannie, Freddie bailout
    NEW YORK (Reuters) - Stocks rose on Monday as investors bet Washington's bailout of mortgage finance giants Fannie Mae (FNM.N) and Freddie Mac (FRE.N) would stabilize the U.S. housing sector and calm jittery world financial markets.   Nations:U.S.   Activities:U.S. Mortgage Giant Bailout U.S. Markets   2008-09-08

    Wall Street extends rally after Fed decision
    NEW YORK - An already soaring Wall Street extended its advance Tuesday after the Federal Reserve left interest rates unchanged and assuaged some of the market's fears about the economy. The Dow Jones industrial average shot up more than 330 points, and all the major indexes had gains approaching 3 percent.   Nations:Germany Japan France   Activities:U.S. Markets   2008-08-05

    Volatility looms as eyes on profits, Fed, oil
    NEW YORK (Reuters) - Wall Street could be in for more volatility next week as investors brace for a new batch of key earnings reports and the U.S. Federal Reserve's assessment of the economy.   Nations:U.S.   Activities:U.S. Markets   2008-08-01

    Brocade to pay $3B to buy Foundry Networks
    SAN FRANCISCO - Brocade Communications Systems Inc. is plunking down $3 billion for Foundry Networks Inc., melding two companies with presence deep in the data center and posing a direct challenge to industry behemoth Cisco Systems Inc.   Nations:U.S.   Source:(AP)   2008-07-21

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