Archive: 10/18/2011

India's HCL profit soars 50 pct but shares dive

India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.

Oct 18, 2011
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Moody's lowers Sony rating outlook

Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.

Oct 18, 2011
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Pioneering bio hacker group finds home

(PhysOrg.com) -- A garage lab for research in biotechnology seeking bigger digs for an open science lab has opened its doors in Sunnyvale, California. Instead of sponsorship from big corporations and government, ...

Oct 18, 2011 report
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