Wall St swings wildly after global selloff: related news

Wall St. swings wildly after global selloff

A trader signals an order in the Standard & Poor's 500 pit at the Chicago Board of Trade on Friday. U.S. stocks sank, capping the worst week ever for the S&P 500.

Global Traffic Technologies Wins $6.75 Million Jury Verdict in Patent Infringement...

Global Traffic Technologies Wins $6.75 Million Jury Verdict in Patent Infringement Suit against Competitor ST. PAUL, Minn.--(Business Wire)-- A jury in U.S. District Court in Minneapolis returned a damages verdict on Oct. 22 in favor of Global Traffic Technologies, LLC, headquartered in St. Paul, Minn. Global Traffic Technologies was awarded $6.75 million in damages for infringement of U.S. Patent No. 5,172,113 by defendant Tomar Electronics, Inc. The jury trial for damages began on October 2, before Chief Judge Michael J. Davis. Global Traffic Technologies markets and sells the patented Opticom(TM) Infrared System for emergency vehicle preemption and transit signal priority. Tomar Electronics, based in Gilbert, Ariz., marketed and sold the Strobecom(TM) II traffic preemption system.

Global Recession Likely, Wachovia Says

(RTTNews) - Global real GDP growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates have slowed in most countries this year, and we look for further deceleration in 2009, say the analysts at Wachovia. Indeed, we project that global GDP will grow only 2 percent in 2009, the slowest year for global growth since 1993. If credit markets remain frozen for a prolonged period of time, global growth next year could be even slower than our official projection. Indeed, it is very difficult to forecast with any reasonable degree of certainty during the middle of a global financial crisis. Underlying all of our projections is our assumption that policymakers will take the necessary steps to prevent the global financial system from completely imploding.

Leading Global Online Publishing Provider Chooses Autonomy to Power its Ecommerce Portal

PRNewswire-FirstCall/ -- Autonomy Corporation plc (AU- or AU.L), a global leader in infrastructure software for the enterprise, today announced that leading global online publishing provider Zinio (http://www.zinio.com) has selected Autonomy's Meaning-Based technology to power its revolutionary new global eStore feature called "Zinio INSIDE". Autonomy's core infrastructure software, the Intelligent Data Operating Layer (IDOL), was selected after a competitive procurement because of its unique ability to understand the meaning of information from over 1,000 formats including text, audio and video, and over 100 languages, thus enabling Zinio's worldwide users to benefit from unique conceptual retrieval and highly customized recommendations for sought-after content.

Leading Global Online Publishing Provider Chooses Autonomy to Power its Ecommerce Portal

CAMBRIDGE, England and SAN FRANCISCO, California, November 20 /PRNewswire-FirstCall/ -- Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, today announced that leading global online publishing provider Zinio (http://www.zinio.com) has selected Autonomy's Meaning-Based technology to power its revolutionary new global eStore feature called "Zinio INSIDE". Autonomy's core infrastructure software, the Intelligent Data Operating Layer (IDOL), was selected after a competitive procurement because of its unique ability to understand the meaning of information from over 1,000 formats including text, audio and video, and over 100 languages, thus enabling Zinio's worldwide users to benefit from unique conceptual retrieval and highly customized recommendations for sought-after content.

j2 Global to Present Today at UBS Global Technology and Services

j2 Global Communications, Inc. JCOM, the provider of outsourced, value-added messaging and communication services, today announced its participation at the UBS Global Technology and Services Conference in New York. Scott Turicchi, president of j2 Global, will present at the conference. Details are as follows:

j2 Global to Present Today at UBS Global Technology and Services Conference

LOS ANGELES (Business Wire) -- j2 Global Communications, Inc. (NASDAQ: JCOM), the provider of outsourced, value-added messaging and communication services, today announced its participation at the UBS Global Technology and Services Conference in New York. Scott Turicchi, president of j2 Global, will present at the conference. Details are as follows:

Bookit Oy: The Inventor of SMS, Mr Makkonen Received an International Innovation Award

Mr Matti Makkonen had discussed the idea of a Message Handling Service for GSM digital mobile phone in1984 in a pizzeria in Copenhagen with two other Finns Mr Tiainen and Mr Tapiola during a conference of mobile phone communication's future. When the development of GSM digital mobile phone standard was extended from the Nordic countries initiative to global ETSI workgroup, the idea of SMS was proposed to be included as a global standard. Makkonen reminds that global collaboration is essential in order to bring the new technology to global scale. "Without this international collaboration the SMS would not have become a global success story", says Makkonen. Today the SMS is available on global scale on a wide range of networks, including 3G networks.

Bookit Oy: The Inventor of SMS, Mr Makkonen Received an International Innovation Award

HELSINKI, Finland (Business Wire) -- Mr Matti Makkonen had discussed the idea of a Message Handling Service for GSM digital mobile phone in1984 in a pizzeria in Copenhagen with two other Finns Mr Tiainen and Mr Tapiola during a conference of mobile phone communication's future. When the development of GSM digital mobile phone standard was extended from the Nordic countries initiative to global ETSI workgroup, the idea of SMS was proposed to be included as a global standard. Makkonen reminds that global collaboration is essential in order to bring the new technology to global scale. "Without this international collaboration the SMS would not have become a global success story", says Makkonen. Today the SMS is available on global scale on a wide range of networks, including 3G networks.

Bookit Oy: The Inventor of SMS, Mr Makkonen Received an International Innovation Award

HELSINKI, Finland --(Business Wire)-- Mr Matti Makkonen had discussed the idea of a Message Handling Service for GSM digital mobile phone in1984 in a pizzeria in Copenhagen with two other Finns Mr Tiainen and Mr Tapiola during a conference of mobile phone communication's future. When the development of GSM digital mobile phone standard was extended from the Nordic countries initiative to global ETSI workgroup, the idea of SMS was proposed to be included as a global standard. Makkonen reminds that global collaboration is essential in order to bring the new technology to global scale. "Without this international collaboration the SMS would not have become a global success story", says Makkonen. Today the SMS is available on global scale on a wide range of networks, including 3G networks.

Global Financial Crisis: Fears that bank rescues are too late to avert global recession; Wall Street in biggest crash since Black Monday in 1987

Fears are growing that the bank rescues plans of the past week have come too late to avert a global recession. On Wednesday stocks fell sharply in Europe and the US market had its biggest crash since Black Monday, in October 1987.

US STOCKS-Wall St soars 11 pct on bank rescue, Morgan deal

Global efforts to stabilize banks calm markets * Morgan Stanley jumps after news of stake purchase * GM rises on news it had merger talks with Chrysler * Dow up 11.1 pct, S&P up 11.6 pct, Nasdaq up 11.8 percent

After Hours: Amazon shares slide after outlook; Amgen profit surges

LOS ANGELES (MarketWatch) -- Amazon.com shares sank late Wednesday after the online retailer delivered a weak forecast, while shares of Amgen Inc. climbed higher after the biotech heavyweight easily surpassed analyst expectations.

AFTER THE BELL-McAfee shares leap after beating estimates

NEW YORK, Oct 30 (Reuters) - McAfee Inc (MFE.N: Quote, Profile, Research) stock lept 6.3 percent in after-hours trade on Thursday after the security company posted a third-quarter profit that beat analyst expectations.

AFTER THE BELL-Priceline shares jump 3 pct after earnings beat

NEW YORK, Nov 6 (Reuters) - Shares of online travel agency Priceline.com (PCLN.O: Quote, Profile, Research) jumped 3 percent to $48.50 in extended trade on Thursday after the company's earnings beat Wall Street forecasts.

As Wall St workers go down blogging, Lehman bros merch hits eBay

The chatter on the web about the collapse of Lehman Bros and the bailout of AIG offers a fascinating snapshot of the chaos on Wall St that goes beyond the obligatory shots of employees carrying cardboard boxes...

j2 Global to Present Today at UBS Global Technology and Services Conference

the provider of outsourced, value-added messaging and communication services, today announced its participation at the UBS Global Technology and Services Conference in New York. Scott Turicchi, president of j2 Global, will present at the conference. Details are as follows:

Ratan Tata Joins Nanobiosym Global Advisory Board Tata to advise leading nanotech firm as it brings pioneering innovations to global markets

Ratan Tata Joins Nanobiosym Global Advisory Board Tata to advise leading nanotech firm as it brings pioneering innovations to global markets

Lattice Semiconductor to Present at the 19th Annual Wall Street Analyst Conference and the UBS Global Technology and Service Conference

Lattice Semiconductor to Present at the 19th Annual Wall Street Analyst Conference and the UBS Global Technology and Service Conference

Lattice Semiconductor to Present at the 19th Annual Wall Street Analyst Conference and the UBS Global Technology and Service Conference

Lattice Semiconductor to Present at the 19th Annual Wall Street Analyst Conference and the UBS Global Technology and Service Conference

Lattice Semiconductor to Present at the 19th Annual Wall Street Analyst Conference and the UBS Global Technology and Service Conference

Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced that Bruno Guilmart, Chief Executive Officer, and Robert O'Brien, Interim Chief Financial Officer, are scheduled to present at the 19th Annual Wall Street Analysts Conference on Tuesday, November 18, 2008 and at the UBS Global Technology and Services Conference on Thursday, November 20, 2008.

Global Traffic Technologies Wins $6.75 Million Jury Verdict in Patent Infringement Suit

ST. PAUL, MINN. - A jury in US District Court in Minneapolis returned a damages verdict on October 22 in favor of Global Traffic Technologies, LLC, headquartered in St. Paul, Minn.

Global Traffic Technologies Wins $6.75 Million Jury Verdict in Patent Infringement Suit against Competitor

ST. PAUL, Minn., BUSINESS WIRE -- A jury in U.S. District Court in Minneapolis returned a damages verdict on Oct. 22 in favor of Global Traffic Technologies, LLC, headquartered in St. Paul, Minn.

Global Traffic Technologies Wins $6.75 Million Jury Verdict in Patent Infringement Suit against Competitor

ST. PAUL, Minn. (Business Wire) -- A jury in U.S. District Court in Minneapolis returned a damages verdict on Oct. 22 in favor of Global Traffic Technologies, LLC, headquartered in St. Paul, Minn.

Hong Kong shares end morning lower on earnings worries; China Mobile slumps

HONG KONG (XFN-ASIA) - Share prices finished the morning lower in erratic trade following disappointing earnings reports in the US and locally. China Mobile slumped 3.8 pct as Morgan Stanley cut its target price on the stock to 85 hkd after the company's weaker-than-expected third-quarter results. Mainland banks fell on earning worries amid a slowdown in China's economic growth and on reports of increasing bankruptcies in China's Pearl River delta. Resources stocks were pressured after commodity prices fell overnight on global recession worries. Huaneng Power, Anhui Conch and Jiangxi Copper slumped after disappointing quarterly results. CITIC Pacific was down over 9 pct after tumbling 55 pct yesterday on news that it faces a loss of up to 15.

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