Daily News – Reuters Technology News Headlines - HP says products may have been sold to Syria by others

	Yahoo! News | My Alerts | Edit Alert
Friday, Nov 23, 2012 02:37 PM PST
Today's Reuters Technology News Headlines - Yahoo! News: HP says products may have been sold to Syria by others RIM shares play catch-up on the Nasdaq; trim gains in Toronto Autonomy founder says HP allegations don't add up Software firm SAP mulls Shanghai listing Sony at greater risk than Panasonic in electronics downturn: Fitch

HP says products may have been sold to Syria by others  Friday, Nov 23, 2012 02:37 PM PST (Reuters) - Hewlett Packard Co said in a letter made public on Friday that its products could have been delivered to Syria through resellers or distributors, but the world's largest PC maker affirmed it did not sell directly to the country. The letter was a response to a request from the U.S. Securities and Exchange Commission's Office of Global Security Risk that asked whether HP's products were sold in countries where they would be subject to U.S. sanctions. ... Full Story	Top
RIM shares play catch-up on the Nasdaq; trim gains in Toronto  Friday, Nov 23, 2012 12:32 PM PST TORONTO (Reuters) - Research In Motion's U.S.-listed shares played catch-up on Friday, surging more than 13 percent after the Thanksgiving holiday to match some of the gains the stock posted Thursday on the Toronto Stock Exchange. RIM's Toronto-listed shares surged more than 17 percent on Thursday, after National Bank analyst Kris Thompson boosted his price target on RIM to $15 from $12. Thompson argued that there is money to be made in the stock ahead of the early 2013 launch of a make-or-break line of BlackBerry devices. ... Full Story	Top
Autonomy founder says HP allegations don't add up  Friday, Nov 23, 2012 04:19 AM PST LONDON (Reuters) - Mike Lynch, mathematics whiz and former boss of Autonomy, said he can't see how accusations leveled by Hewlett-Packard Co of dodgy accounting add up to a $5 billion writedown on the software business he sold them last year. HP said on Tuesday it would write $8.8 billion off its $11.1 billion purchase of the British company, $5 billion of it due to "serious accounting improprieties" and "a wilful effort by Autonomy to mislead shareholders" revealed by a whistleblower and a forensic audit by accountants PricewaterhouseCoopers. ... Full Story	Top
Software firm SAP mulls Shanghai listing  Friday, Nov 23, 2012 03:16 AM PST FRANKFURT (Reuters) - German software group SAP is considering a listing in China to give the world's biggest business software firm the option of tapping financial resources in one of its fastest growing markets. "We are looking into the possibility of a third listing," a spokesman said. SAP will have to wait until China has finalized plans to set up an international board in Shanghai to attract foreign listings. China has been talking about the launch of an international board on the Shanghai Stock Exchange. ... Full Story	Top
Sony at greater risk than Panasonic in electronics downturn: Fitch  Friday, Nov 23, 2012 01:46 AM PST TOKYO (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch said Friday. Fitch cut Panasonic's rating by two notches to BB and Sony three notches to BB minus on Thursday, the first time one of the three major ratings agencies have put the creditworthiness of either company into junk-bond territory. Rival agencies Moody's and S&P rate both of Japan's consumer electronic giants at the same level, just above junk status. ... Full Story	Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of persona l information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.