Monday, August 20, 2007
Microsoft, Cisco detail 'sophisticated' competition
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Microsoft, Cisco detail 'sophisticated' competition
SAN FRANCISCO
Executives from Microsoft Corp. and Cisco Systems Inc. on Monday
described the "sophisticated" competition they plan to pursue over
technology used to route multiple forms of business communication over a
single Internet connection.
Hurricane Dean may already have cost insurers $1.5 bln to $3 bln
SAN FRANCISCO
Hurricane Dean may have already have caused at least $1.5 billion in
insured losses after ravaging Jamaica and other islands, according to
catastrophe modeling firm Eqecat Inc.
Market Snapshot: U.S. stocks end mostly higher as liquidity worries
ease
NEW YORK
U.S. stocks ended mostly higher Monday amid signs liquidity pressures
may be easing and a rally in short-term Treasury bills fostered thinking
the Federal Reserve might cut interest rates further.
Economic Report: U.S. leading indicators point to slow-growth economy
WASHINGTON
U.S. leading economic indicators increased by 0.4% in July, pointing to
slow growth for the rest of the year, the Conference Board reported
Monday.
