According to Reuters, the former CEO of Qwest (Q) was found quity of insider trading.
Reuters writes that a software upgrade caused the outage of the Research In Motion (RIMM) network.
Reuters also writes that Google’s (GOOG) net income topped expectations and the stock rose after hours.
Reuters reports that the Nintendo Wii outsold the Microsoft (MSFT) Xbox 360 and Sony (SNE) Playstation 3 in the US market during March.
Reuters writes that No.4 handset manufacturer SonyEricsson missed profit targets as it sold more inexpensive phones.
The Wall Street Journal reports that AMD (AMD) had a larger than expected $611 million loss.
The Wall Street Journal also reports that the chairman of Siemens (SI) has stepped down amid corruption investigations at the company.
The WSJ writes that GM’s (GM) China partner, Shanghai Automotive Industry Corp, could use the knowledge it has gained in joint ventures to compete with the US company.
The WSJ also writes that the UAW is looking at whether it should make bid for DaimlerChrysler (DCX) Chrysler.
The WSJ reports that Amgen (AMGN) said that its top-selling Aranesp drug didn’t worsen survival chances in a trial of lung-cancer patients
The New York Times reports that Yahoo! (YHOO), Google (GOOG) and Microsoft (MSFT) have begun and effort to get share for their search products on cell phones.
FT writes that Nokia (NOK) sees improvement in the US market in 2008.
Barron’s reports that SiRF Technology Holdings (SIRF) missed earnings estimates and the stock fell after hours.
Douglas A. McIntyre