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COMMERCE CORNER

DIAMOND FOODS SUSPENDS DIVIDENDS: SAN FRANCISCO (AP) - Diamond Foods Inc. is suspending its dividend payments to stockholders under a new credit agreement. The snack maker announced in February that it was replacing its CEO and chief financial officer after an internal investigation found the company improperly accounted for payments to walnut growers. Diamond has to ...

March 21, 2012 | | Nation








Reports: HP to combine printer, PC divisions

SANTA CLARA (AP) - Hewlett-Packard Co. is combining its printing and PC units to save money, according to published reports. The technology blog AllThingsD first reported the restructuring plan Tuesday citing anonymous sources. HP would not comment. The move comes at a time when sales of printers and ink, once HP's lifeblood, are falling amid declining demand and ...

March 20, 2012 | | Nation






Adobe Systems posts lower 1Q net income

SAN JOSE, Calif. (AP) - Adobe Systems Inc. said Monday that its fiscal first-quarter net income fell 21 percent, weighed by higher operating costs even as revenue climbed. The midpoint of its earnings outlook for the current quarter was slightly below Wall Street's expectations and shares fell after hours. The company known for Photoshop and other design software ...

March 19, 2012 | | Nation




Business nation briefs

March 19, 2012 | | Nation


Agency checkup nothing to fear

March 16, 2012 | | Nation










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