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International Business Machines Corp. (NYSE:IBM) intends to keep its five-year long acquisitions spree going, even after its purchase of Texas Memory Systems, by snapping up additional firms in the storage industry, according to Bloomberg.
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Intel Corporation (NASDAQ:INTC): Lenovo Group Ltd. (LNVGY) predicts that Windows RT (NASDAQ:MSFT) tablets will cost between $200 and $300 less than other Windows 8 tablets, which implies that they could start near $300, says Business Insider.
Microsoft Corporation (NASDAQ:MSFT) is among retailers who are offering huge incentives and bargains to shoppers in an endeavor to grow their share of the back to school sales, says the Associated Press. The company is handing out free Xbox consoles to customers purchasing computers, J.C. Penney & Co. (NYSE:JCP) is giving free haircuts to kids, and Abercrombie & Fitch (NYSE:ANF) is marking jeans at a 50 percent discount.
AT&T, Inc. (NYSE:T) reported that wireline employees who are represented by the Communications Workers of America have voted to approve three-year contracts for the AT&T Midwest region and AT&T Corp., after tentative agreements were made on July 21st. The Midwest agreement covers more than 13,000 wireline workers in Ohio, Michigan, Indiana, Illinois, and Wisconsin, while the AT&T Corp. contract covers approximately 5,700 employees located throughout the United States. On August 7th AT&T Southeast reached a tentative settlement with the union in wireline contract talks in the Southeast region.
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