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Intel just reported its best-ever quarter with a $2.9b profit on $10.8b in revenue. That’s an increase of $445m in profit from last quarter and a whopping $3.3b from last year, all driven by record laptop and server chip revenue, as well as a 16 percent increase in Atom revenue.
Risk and insurance company Aon Corporation (AON) on Monday announced it would buy human resources giant Hewitt Associates for $4.9 billion in a cash/stock deal. The deal will nearly triple the size of the Aon’s consulting operations, making it a $4.3 billion business by revenue. Hewitt shareholders will receive $25.61 in cash and 0.6362 of [...]
Verizon has more customers than AT&T. That is a fact. Now the market cap fluctuate often so it is hard to say for sure who is worth more in terms of money. If AT&T trying to buy Verizon, that would cost AT&T over 90% of their annual revenue. It would be like Target trying to [...]
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