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EMC's first-quarter earnings rose 28% as the data-storage company benefited from increased international sales.
IBM and Intel, two of the world's largest tech companies, reported a surprising surge in sales and profits in the first quarter, and signaled brighter days ahead for the industry.
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After an after-hours stock jump, Intel shareholders may be celebrating too soon.
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Personal computer maker Acer lowered its forecasts for PC shipments for the second time in less than a month and unveiled plans to create a separate tablet division.
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Segate agreed to buy Samsung's disk-drive business for $1.38 billion in cash and stock, in a data-storage alliance between the companies that could cap a consolidation wave in the industry.
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