Advertisement
HomeCollectionsDigital Equipment
IN THE NEWS

Digital Equipment

FEATURED ARTICLES
BUSINESS
By New York Times News Service | March 3, 1993
WASHINGTON -- AT&T has teamed up with the Massachusetts Institute of Technology and Digital Equipment Corp. to build a communications network far faster than current fiber optics.The experimental network, which is being built with an $8.4 million grant from the Pentagon and was announced yesterday, could make it far cheaper than with current fiber-optic technology to transmit television images, book-length computer files and even entire libraries in the blink of an eye.Local and long-distance companies already use fiber optics through much of their networks, making it possible to send up to 2.5 billion bits of data a second in the form of light pulses that fly down a single hair-thin strand of glass.
ARTICLES BY DATE
BUSINESS
By BLOOMBERG NEWS | July 25, 1997
NEW YORK -- U.S. stocks rose to records yesterday, rebounding from early losses as better-than-expected earnings from companies such as Digital Equipment Corp. offset concern that prices may have risen too far.Quaker Oats Co., Ericsson AB and Airtouch Communications Inc. also gained on earnings reports.The Dow Jones industrial average, which had been down 94.30 earlier in the session, rose 28.57 to a record 8,116.93. The benchmark 30-stock average rose for a fourth straight day and closed above 8,100 for the first time.
Advertisement
BUSINESS
By BLOOMBERG NEWS SERVICE | March 21, 1996
NEW YORK - U.S. stocks fell for a second day yesterday, led by computer issues, after Digital Equipment Corp. warned that its quarterly earnings will be less than analysts had been projecting.The Dow Jones industrial average ended down 14.09, at 5,655.42, after having been down more than 52 points.Broad market indexes ended lower, though up from their intra-day lows. The Standard & Poor's 500 index fell 1.71 to 649.98 after falling as much as 6.12 points earlier. The Nasdaq composite index, chock-full of computer-related issues, dropped 10.68 to 1,101.
BUSINESS
By BLOOMBERG BUSINESS NEWS | April 24, 1996
NEW YORK -- U.S. stocks rose for a second day, as better-than-expected earnings from Digital Equipment Corp. sparked a rally in computer issues. Oil shares climbed, one day after a spate of surprisingly strong first-quarter profits.Led by Exxon Corp., Chevron Corp. and Texaco Inc., the Dow Jones industrial average climbed 23.85 to 5,588.59.The Nasdaq composite index jumped 13.26 to an all-time high of 1,166.76, its fourth consecutive record and its 15th of the year. Volume on the Nasdaq stock market reached 650.1 million shares, surpassing the record set Feb. 22.So far this year, the Nasdaq is ahead 10.89 percent, almost double the 5.79 percent return on the Standard & Poor's 500 index.
BUSINESS
By Bloomberg Business News | April 16, 1994
NEW YORK -- U.S. stocks closed little changed yesterday as a rally in oil companies offset declines among computer shares.The Dow Jones industrial average fell 1.78, to 3,661.47, bringing the loss for the week to 12.79. Gains in Chevron Corp. and United Technologies Corp. were offset by losses in Aluminum Co. of America and International Business Machines Corp.IBM and other computer stocks fell after Digital Equipment Corp. reported a wider-than-expected fiscal third-quarter loss."Technology continues to be a problem area for the market," since such stocks have "always been associated with market leadership in rallies," said Joseph DeMarco, managing director for equity trading at HSBC Asset Management, a unit of Hong Kong & Shanghai Bank.
BUSINESS
By Bloomberg Business News | February 16, 1994
ALEXANDRIA, Va. -- Metrocall Inc. said it has agreed to buy Mid-Atlantic Paging Co., operator of the FirstPage system. The acquisition will double its customer base to 500,000 subscribers.Alexandria-based Metrocall said it has agreed to issue 3 million shares of stock and assume $53 million in debt for Mid-Atlantic. Metrocall stock closed up 62.5 cents yesterday, at $17.375.Metrocall said the acquisition of Mid-Atlantic will make it the nation's second-largest publicly held paging company, behind Dallas-based Paging Network Inc., with 3 million subscribers.
BUSINESS
By New York Times News Service | August 2, 1995
Ending years of multibillion-dollar losses, Digital Equipment Corp. yesterday posted its third consecutive profitable quarter and its first annual profit since 1990.But its fourth-quarter results disappointed some financial analysts who had expected higher revenue growth from the company.Digital reported net income of $159.8 million, or $1.01 a share, for the quarter that ended July 1, compared to a loss of $160.2 million, or $1.22 a share, excluding a restructuring charge, a year earlier.
BUSINESS
By Jay Hancock and Jay Hancock,Sun Staff Writer | July 6, 1994
Information Resource Engineering Inc., a small White Marsh company that helps banks and other businesses protect electronically transmitted data from hackers and thieves, said it reached a tentative agreement to purchase Connective Strategies Inc., of Chantilly, Va.Terms of the deal, which hangs on approval of both companies' shareholders and examination of Connective Strategies' books PTC by IRE officials, weren't disclosed.Buying Connective Strategies would let IRE apply its data-scrambling expertise to a very fast, increasingly popular method of sending computerized information over phone lines, said Anthony Caputo, IRE's chairman.
BUSINESS
By BLOOMBERG NEWS | July 25, 1997
NEW YORK -- U.S. stocks rose to records yesterday, rebounding from early losses as better-than-expected earnings from companies such as Digital Equipment Corp. offset concern that prices may have risen too far.Quaker Oats Co., Ericsson AB and Airtouch Communications Inc. also gained on earnings reports.The Dow Jones industrial average, which had been down 94.30 earlier in the session, rose 28.57 to a record 8,116.93. The benchmark 30-stock average rose for a fourth straight day and closed above 8,100 for the first time.
BUSINESS
By BLOOMBERG BUSINESS NEWS | April 24, 1996
NEW YORK -- U.S. stocks rose for a second day, as better-than-expected earnings from Digital Equipment Corp. sparked a rally in computer issues. Oil shares climbed, one day after a spate of surprisingly strong first-quarter profits.Led by Exxon Corp., Chevron Corp. and Texaco Inc., the Dow Jones industrial average climbed 23.85 to 5,588.59.The Nasdaq composite index jumped 13.26 to an all-time high of 1,166.76, its fourth consecutive record and its 15th of the year. Volume on the Nasdaq stock market reached 650.1 million shares, surpassing the record set Feb. 22.So far this year, the Nasdaq is ahead 10.89 percent, almost double the 5.79 percent return on the Standard & Poor's 500 index.
BUSINESS
By BLOOMBERG NEWS SERVICE | March 21, 1996
NEW YORK - U.S. stocks fell for a second day yesterday, led by computer issues, after Digital Equipment Corp. warned that its quarterly earnings will be less than analysts had been projecting.The Dow Jones industrial average ended down 14.09, at 5,655.42, after having been down more than 52 points.Broad market indexes ended lower, though up from their intra-day lows. The Standard & Poor's 500 index fell 1.71 to 649.98 after falling as much as 6.12 points earlier. The Nasdaq composite index, chock-full of computer-related issues, dropped 10.68 to 1,101.
BUSINESS
By New York Times News Service | August 2, 1995
Ending years of multibillion-dollar losses, Digital Equipment Corp. yesterday posted its third consecutive profitable quarter and its first annual profit since 1990.But its fourth-quarter results disappointed some financial analysts who had expected higher revenue growth from the company.Digital reported net income of $159.8 million, or $1.01 a share, for the quarter that ended July 1, compared to a loss of $160.2 million, or $1.22 a share, excluding a restructuring charge, a year earlier.
BUSINESS
By Bloomberg Business News | April 22, 1995
NEW YORK -- U.S. stocks rose yesterday for a second day, led by International Business Machines Corp., as investors bet large, multinational companies will continue to post robust earnings."
BUSINESS
By Jay Hancock and Jay Hancock,Sun Staff Writer | July 6, 1994
Information Resource Engineering Inc., a small White Marsh company that helps banks and other businesses protect electronically transmitted data from hackers and thieves, said it reached a tentative agreement to purchase Connective Strategies Inc., of Chantilly, Va.Terms of the deal, which hangs on approval of both companies' shareholders and examination of Connective Strategies' books PTC by IRE officials, weren't disclosed.Buying Connective Strategies would let IRE apply its data-scrambling expertise to a very fast, increasingly popular method of sending computerized information over phone lines, said Anthony Caputo, IRE's chairman.
BUSINESS
By Bloomberg Business News | April 16, 1994
NEW YORK -- U.S. stocks closed little changed yesterday as a rally in oil companies offset declines among computer shares.The Dow Jones industrial average fell 1.78, to 3,661.47, bringing the loss for the week to 12.79. Gains in Chevron Corp. and United Technologies Corp. were offset by losses in Aluminum Co. of America and International Business Machines Corp.IBM and other computer stocks fell after Digital Equipment Corp. reported a wider-than-expected fiscal third-quarter loss."Technology continues to be a problem area for the market," since such stocks have "always been associated with market leadership in rallies," said Joseph DeMarco, managing director for equity trading at HSBC Asset Management, a unit of Hong Kong & Shanghai Bank.
BUSINESS
By Bloomberg Business News | February 16, 1994
ALEXANDRIA, Va. -- Metrocall Inc. said it has agreed to buy Mid-Atlantic Paging Co., operator of the FirstPage system. The acquisition will double its customer base to 500,000 subscribers.Alexandria-based Metrocall said it has agreed to issue 3 million shares of stock and assume $53 million in debt for Mid-Atlantic. Metrocall stock closed up 62.5 cents yesterday, at $17.375.Metrocall said the acquisition of Mid-Atlantic will make it the nation's second-largest publicly held paging company, behind Dallas-based Paging Network Inc., with 3 million subscribers.
BUSINESS
By Bloomberg Business News | January 20, 1994
NEW YORK -- The Dow Jones industrial average set a record high yesterday, while broader market indexes were mixed amid concern about the strength of corporate profits.The Dow gained 14.08 points, to 3,884.37, exceeding the record set Tuesday. The gain was buoyed by a burst of computer-driven buy orders triggered in the final 30 minutes of trading.The Standard & Poor's 500 Index climbed 0.05, to 474.3. The Nasdaq Combined Composite Index fell 3.74, to 789.28.Shares of drug, semiconductor and computer-related companies slumped after Pfizer Inc., Intel Corp.
BUSINESS
By Tom Steinert-Threlkeld and Tom Steinert-Threlkeld,Dallas Morning News | March 23, 1992
AUSTIN, Texas -- Since its inception in 1987, Sematech has been the model for an American partnership between government and industry to cultivate a technology that ultimately benefits the entire economy.Nearly five years later, support from both sides of that partnership is flagging.On the government side, the proposed Bush administration budget for the coming fiscal year cuts federal support for Sematech by 20 percent, from $100 million to $80 million.On the industry side, as many as three out of the 14 founding members may leave the Austin consortium aimed at restoring U.S. supremacy in the manufacturing of the key component of Information Age economies, the microchip.
BUSINESS
By Bloomberg Business News | January 20, 1994
NEW YORK -- The Dow Jones industrial average set a record high yesterday, while broader market indexes were mixed amid concern about the strength of corporate profits.The Dow gained 14.08 points, to 3,884.37, exceeding the record set Tuesday. The gain was buoyed by a burst of computer-driven buy orders triggered in the final 30 minutes of trading.The Standard & Poor's 500 Index climbed 0.05, to 474.3. The Nasdaq Combined Composite Index fell 3.74, to 789.28.Shares of drug, semiconductor and computer-related companies slumped after Pfizer Inc., Intel Corp.
BUSINESS
By New York Times News Service | March 3, 1993
WASHINGTON -- AT&T has teamed up with the Massachusetts Institute of Technology and Digital Equipment Corp. to build a communications network far faster than current fiber optics.The experimental network, which is being built with an $8.4 million grant from the Pentagon and was announced yesterday, could make it far cheaper than with current fiber-optic technology to transmit television images, book-length computer files and even entire libraries in the blink of an eye.Local and long-distance companies already use fiber optics through much of their networks, making it possible to send up to 2.5 billion bits of data a second in the form of light pulses that fly down a single hair-thin strand of glass.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.