The stock market is up Monday, with the Dow Jones Industrial Average up 0.03%, the Nasdaq up 0.40% and the S&P 500 up 0.19%. Today's biggest winners both received upgrades by prominent ... Read Full Story »
Shares of Staples, Inc. (NASDAQ: SPLS) fell 1.18% to close at $10.85 on trading volume of 15 million shares. The company was downgraded by Morgan Stanley on Friday from 'overweight' to ... Read Full Story »
Shares of Big Lots Inc. (NYSE: BIG) fell 20.80% to close at $30.76 on trading volume of 15.9 million shares. The company earned 36 cents a share, down from 41 cents ... Read Full Story »
The results are in, and though they may be temporary, it's now official that IBM Corp. (NYSE: IBM) has become the second largest high-tech firm in the world, passing Microsoft ... Read Full Story »
Just last week we noted a new study from the Gartner Group Inc. (NYSE: IT) that the iPad from Apple Inc. (NASDAQ: AAPL) looked set to dominate the tablet market ... Read Full Story »
Just in case anyone believed that Apple Inc. (NASDAQ: AAPL) was being seriously threatened by competitors to its iPad tablet, that belief can probably be put to rest for a ... Read Full Story »
Computer peripherals maker Logitech International SA (NASDAQ: LOGI) has been having a tough year and its going to get tougher. The company posted an EPS loss of -$0.17 in its ... Read Full Story »
Customer satisfaction with purchases of durable goods in 2011 remains virtually identical with 2010 levels most likely as a result of falling prices. A survey of customer satisfaction with personal ... Read Full Story »
We could be in for a bout of deja vu all over again. Last May, Intel Corp. (NASDAQ: INTC) announced a new microprocessor and a new trademark -- Ultrabook -- ... Read Full Story »
Although stock buybacks have never been among our most preferred methods of returning capital to investors, stock repurchase plans can indicate to investors that a company's management believes the ship ... Read Full Story »
Are analysts on Wall Street becoming fortune tellers? Or are they trying to force deals for their investment banking departments? Actually, the answer may be "yes" to both questions. It ... Read Full Story »
Shares moving sharply up or down in the pre-market include: Genzyme (NASDAQ: GENZ), higher on news of a buyout by Sanofi-Aventis. Dell (NASDAQ: DELL), up 7% after posting strong earnings ... Read Full Story »
Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for $20.1 billion. (Reuters) Dell (NASDAQ: DELL) beat earnings targets but investors remained concerned about future prospects amid growing competition. (Reuters) BHP Billiton (NYSE: ... Read Full Story »
That the PC market is shrinking is no longer news. Mobile devices such as smartphones and tablets are cutting into PC desktop and laptop sales at a growing rate. What ... Read Full Story »
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed many of these to choose the 15 most hated companies in America. We examined each ... Read Full Story »