Just last week Credit Suisse (NYSE:CS) was the cock of the walk. It had been so well-run that its write-downs for mortgage-back securities were small. Unlike other banks in the US and Europe, it…
Bill Gates says Microsoft (NASDAQ:MSFT) can do well in the search market if its offer for Yahoo! (NASDAQ:YHOO) does not work out. "We can afford to make big investments in the engineering and marketing…
"For want of a nail, the kingdom was lost." After a highly successful roll-out of its fiber-to-the-home broadband and TV product, Verizon (NYSE: VZ) has run into a snag. It cannot get enough set-top…
According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM) has sued…
Markets in Asia rose The Nikkei was up .9% to 13.758. Honda (HMC) was up 3.7% to 3410. Sony (SNE) was up 2.2% to 5010. The Hang Seng rose 1.5% to 24,123. CNOOC was…
Most stocks trading under $10 probably traded much higher at one point or another. Trading below that price point is usually not a badge of honor. But, inexpensive stocks often make huge percentage moves,…
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with playback capacity…
Research In Motion (NASDAQ: RIMM) has filed a patent cash against Motorola (NYSE: MOT) claiming that the US company infringed on several of its patents. It also alleged that Motorola was trying to collect…
Depending on which rumor is true, Delta (NYSE: DAL) may merge with Northwest (NYSE: NWA), or United (NASDAQ: UAUA). The math behind airline mergers doesn’t add up, and the fact that the two most…
Toyota (NYSE: TM) has rolled out the first car under its new cost savings program. Not only is the car cheaper to make, but the largest Japanese car maker claims it is safer to…
Markets in Europe were up at 8.15 AM New York time. The FTSE was up 1.7% to 5,888. Barclays (BCS) was up 6.4% to 455. BHP Billiton (BHP) was up 3.1% to 1599. The…
The US government bailed out Chrysler all the way back in 1979. Nothing quite like it as been seen since then, but the financial sector has not been in as much trouble for decades…
Apple (NYSE: AAPL) iPhones, perhaps hundreds of thousands of them, are finding their way into China. There they are "unlocked" so that they can work on local cellular networks. According to The New York…
The government of Qatar has begun investing in Credit Suisse (CS) and the country’s prime minister says that Middle East country is prepared to put up to $15 billion into US and European banks.…
According to Reuters, China e-commerce company Alibaba will try to participate in the decision of the potential sale of Yahoo! (YHOO) to Microsoft (MSFT) Yahoo! owns 39% of Alibaba and there are some restrictions…
Markets in Asia were mixed. The Nikkei ended up a fraction at 16,635. NEC dropped 2.5% to 428. NTT (NTT) dropped 2.4% to 495000. The Hang Seng fell 1/6% to 23,759. China Mobile (CHL)…
According to The Wall Street Journal troubled British mortgage company Northern Rock wil be taken over by the British government. The newspaper writes "The U.K. Treasury has decided to nationalize troubled mortgage lender Northern…
It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor Sony’s Blu-ray…
In an effort to calm its investors, Barclay’s (NYSE: BCS) will raise its dividend this week According to The Times: "In its results on Tuesday, Barclays will admit to write-offs from its exposure to…
Joining the contest to see who will own Yahoo! (NASDAQ: YHOO), Time Warner’s (NYE: TWX) AOL has entered the fray competing with News Corp (NYSE: NWS) as a company which is intense talks to…