The swine flue is apparently more dangerous that the garden variety of flu that has been part of the world health picture for several decades. It is more likely to ... Read Full Story »
VW's plans to take over Porsche got a boost as the sports car company's CEO was pushed out by his board. Wendelin Wiedeking leaves Porsche with a severance package worth ... Read Full Story »
Microsoft (MSFT) said yesterday that the code for the next version of its immensely successful operating system is done. Windows 7 will replace Vista as the company's flagship operating system ... Read Full Story »
Apple (AAPL) iPods that catch on fire have become a sort of urban legend. There are stories from time to time about spontaneous combustion of the multimedia players, but Apple ... Read Full Story »
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% ... Read Full Story »
Reuters: Obama says healthcare reform is essential to the recovery. Reuters: CIT (CIT) bond advisers will push for Chapter 11. Reuters: Democrats will fight with banks on consumer agency. Reuters: ... Read Full Story »
Markets in Asia were higher. The Nikkei rose .7% to 9,793. Sony (SNE) jumped higher. The Hang Seng moved up 2.7% to 19,783. The Shanghai Composite was up 1% to ... Read Full Story »
Moody’s Corporation (NYSE: MCO) just got a rather interesting insider selling shares, none other than Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A). The listed entities were Berkshire itself, National Indemnity, ... Read Full Story »
JBS USA Holdings, Inc. has just filed for an initial public offering of common stock an an amount of up to $2,000,000,000.00. This consists of an international offering in the ... Read Full Story »
Flash memory giant SanDisk Corp. (NASDAQ: SNDK) posted a surprise profit. Earnings were $52.5 million, or $0.23 EPS, but its non-GAAP earnings were $0.36 EPS. That compares to a loss ... Read Full Story »
E*TRADE Financial Corporation (NASDAQ: ETFC) posted some fairly poor earnings considering the improvements seen elsewhere. The good news is that these earnings are actually better or less-bad than estimates. Its ... Read Full Story »
VMware Inc. (NYSE: VMW) is showing that the limitless growth of virtualization either does have some limits or that the recession put a real cap on its growth. The virtualization ... Read Full Story »
This will seem like a no-brainer when you consider it. Amazon.com Inc. (NASDAQ: AMZN) is acquiring online shoe leader Zappos.com in a deal said to be worth some $807 million ... Read Full Story »
Ebay (EBAY) rallied into the close and ended up 2.75% to $19.45. It would be greedy for shareholders to complain. The shares are up almost 15% in the last three ... Read Full Story »
QUALCOMM Inc. (NASDAQ: QCOM) has just posted $0.54 non-GAAP EPS on $2,75 billion in revenues versus the Thomson Reuters targets of $0.52 EPS and $2.73 billion in revenues. Unfortunately, the ... Read Full Story »