Dell's (DELL) earnings seemed OK. Revenue was up 9% to $15.6 billion. EPS rose 26% to $0.34. With a restructuring charge backed out, that was what Wall St. expected.US sales ... Read Full Story »
Markets in Europe are modestly higher at 6.20 AM New York time.The FTSE is up .7% to 6,391. Barclays (BCS) is up 2.6% to 554. Man Group is up 4.4% ... Read Full Story »
The Wall Street Journal is reporting what everyone already assumed. Google (GOOG) will announce that it will bid for wireless spectrum in the upcoming FCC auction in January. The financial ... Read Full Story »
Ah, China. A place where your best friend can compete with you on a day's notice. Especially if you are not a card carrying member of the communist party.Goldman Sachs ... Read Full Story »
The federal government and several large mortgage lenders have a plan to freeze loan rates for certain subprime borrowers. The Wall Street Journal writes that 'The Bush administration and major ... Read Full Story »
According to Reuters, Fed chief Bernanke said the resurgence in financial strains in recent weeks had dimmed the outlook for the U.S. economy.Reuters writes that Dell's (DELL) profit rose but ... Read Full Story »
Asia markets were mixed.The Nikkei was up 1.1% to 15,681. NTT (NTT) rose 2.6% to 505000. Yahoo Japan fell 2.7% to 53300.The Hang Seng moved up .6% to 28,644. China ... Read Full Story »