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ARMONK, NY -- IBM's second-quarter hardware revenue rose 19% sequentially but was down 26% year-over-year, the company reported.

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STOCKHOLM -- NOTE Ab reported June quarter revenue fell 33% year-over-year to SEK 312.1 million ($39.9 million), swinging the operating profit to a loss.

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FRAMINGHAM, MA -- PC shipments took a dive in in the second quarter, but analysts are seeing signs of recovery.

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ENFIELD, CTHigh-Tech Conversions has moved to a new facility here, quadrupling the size of its former plant.

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ARLINGTON, VA -- Electronics component orders rose in June to their highest level of the year, according to the monthly index compiled by the Electronic Components Association.

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ST. LOUIS -- Kaman Aerospace has awarded about $12 million in contracts to LaBarge Inc. to provide cockpit wiring harnesses for several models of the Black Hawk helicopter.

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