Qualcomm's shares are up almost 7% to $40.65. The shares have been doing so poorly over the last year that it could be a dead cat bounce, but it's not.The ... Read Full Story »
Hershey (HSY-NYSE) has announced a three-year restructuring plan which includes 1,500 job cuts, and it is cutting production lines. It will outsource some low value-added items and build a production ... Read Full Story »
Word from TheStreet.com is that Microsoft's (MSFT) new Vista-based search function may be in a position to take share from Google (GOOG). The reasoning: "Microsoft will tie in contextual Web ... Read Full Story »
Vonage (VG) reported fourth quarter revenue that rose 91% to $181 million. The company's net loss fell slightly to $65 million. Not great, but better than a satellite radio company.For ... Read Full Story »
Toyota's (TM) sales in Europe rose 20% in January pushing its total unit sales for the month ahead of DaimlerChrysler (DCX). TM units topped 82,000 for the first month of ... Read Full Story »
Yahoo!'s (YHOO) stock is up 20% since the first of the year. Google's (GOOG) is flat. Online auction company Ebay (EBAY) has seen its share rise over 10%. The stock ... Read Full Story »
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V)Markets in Europe were down slightly at 5.25 AM New York time.The FTSE fell .3% to 6,405. Barclays was down .5% to 776.5. BP was up .4% to 536. ... Read Full Story »
Over the last five years, the shares of Genentech (DNA) have risen about 275%. Shares in Amgen (AMGN) are not up as much but they have performed about as well ... Read Full Story »
According to Reuters, DaimlerChrysler (DCX) will cut 13,000 at its Chrysler unit and may offer the business for sale.Reuters writes that revenue at Chinese search engine Baidu (BIDU) soared.Reuters writes ... Read Full Story »
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(CN)(PCW)(HBC)Markets in Asia rose sharply.The Nikkei was up .8% to 17,897. Bridgestone rose .8% to 2600. Canon rose .2% to 6310. Fuji Film rose 1.3% to 5320. Hitachi rose ... Read Full Story »
Baidu (BIDU) released its fourth quarter earnings. Revenue rose 136% to $34.8 million. Net income rose to $15.7 million.According to China Internet Network Information Center, Baidu has 62% of China's ... Read Full Story »
According to Engadget, a recent Jupiter Research poll shows that 62% of music executives surveyed in Europe think dropping digital rights management would improve "take up" of digital music.Seventy percent ... Read Full Story »
From Ticker SenseAfter two straight days of 76 basis point gains, the S&P 500 has once again made new highs. Plenty of stocks have gone up quite a bit in ... Read Full Story »
By Yaser Anwar, CSC of Equity Investment IdeasWith record M&A deals in 06, and Jan 07 already out-pacing Jan-Feb 06's deals, it is clearly evident that investors expect the PE ... Read Full Story »
From AAO WeblogNearly two years ago, then-chief accountant Don Nicolaisen outlined a “roadmap to convergence” between United States generally accepted accounting principles and those embodied in the International Financial Reporting ... Read Full Story »