(AAPL) Apple reports earnings after the close.(ASTE) Astec $0.51 EPS vs $0.70 est; stock down 7%.(ATG) AGL Resources lowered guidance.(BOH) Bank of Hawaii $0.96 EPS vs $0.95 est.(BSC) Bear Stearns and CITIC in China…
According to The Wall Street Journal, Microsoft (MSFT) has reached an agreement in its long battle with the EU over antitrust matters. The paper writes that the key components of the deal are: "First,…
AAUK cut to Hold at Citigroup.ANPI cut to Sector PErform at both RBC & CIBC.APPB cut to Underperform at Wachovia.ASH cut to Underperform at Credit Suisse.AXP cut to Equal Weight at Lehman.BHP cut to…
Merck (MRK) announced third-quarter 2007 earnings per share of $0.75, excluding restructuring charges, and third-quarter reported EPS of $0.70. Worldwide sales were $6.1 billion for the quarter, an increase of 12 percent from the…
Plug Power Inc. (NASDAQ:PLUG) has announced that its wholly owned subsidiary Cellex Power Products, Inc. received a purchase order for its GenDrive(TM) fuel cell power units from Wal-Mart Stores, Inc. (NYSE:WMT). The order is…
Toyota (TM) recently had to recall several hundred thousand cars in it native Japan. It lost its top sport in the Consumer Reports reliability survey. Its shares trade near a 52-week low. According to…
Sandisk (SNDK) has its own solution for moving content from the PC to the TV. Companies from Intel (INTC) to Microsoft (MSFT) have been working on this problems for years. Apple (AAPL) TV is…
Wal-Mart (WMT) is buying out the minority shareholders in Japanese supermarket unit Seiyu Ltd. Wal-Mart owns 51% of the company and it is offering a 61% premium, or $878 million, to get the rest.…
Markets in Europe were sharply lower at 6.20 AM. The FTSE fell 1.2% to 6,448. BHP Billiton (BHP) was down 3.8% to 1765. Northern Rock was up 2.3% to 191.2. The DAXX was off…
AMD (AMD) has accused Intel (INTC) of creating a monopoly in PC and servers chips by using its size to give customers special deals to do business with it exclusively. The European Union and…
Strategy Analytics reports that AT&T (T) and Apple (AAPL) will deliver 1.1 million iPhones in Q3, bringing total sales of the handset to 1.325 million units. "The iPhone has become AT&T’s top selling device,…
With the CEO out at Sprint (S), it looked like his dream for a nationwide WiMax network to blanket much of the US with high-speed wireless was dead. That might have killed WiMax as…
Qualcomm (QCOM) announced that the Administrative Law Judge issued an initial determination terminating an investigation based on a complaint filed by Nokia (NOK) against Qualcomm. Douglas A. McIntyre
According to Reuters China Mobile (CHL) the world’s largest wireless carrier, said on Monday its quarterly profit grew 38 percent, amid strong subscriber growth. China Mobile total subscribers were at 349.66 million at end…
According to The Wall Street Journal, Bear Stearns (BSC) is close to a deal with the Chinese investment bank Citic Securities Co. that would give each company a stake in the other and pave…
According to Reuters, Halliburton (HAL) increased its third quarter profit by 19%. Reuters writes that Wal-Mart (WMT) will buy the part of its Japanese operations that it does not own for $350 million. The…
Markets in Asia fell sharply The Nikkei was off 2.2% to 16,438. NEC (NIPNY) was off 3.4% to 540. Yahoo Japan was up 2.5% to 57600. The Hang Seng fell 3.5% to 28,431. China…
Sears Holdings Corp. (NASDAQ:SHLD) enjoyed a meteoric rise from 2003 to 2005, but now the company is facing the dead money status for investors after recently hitting near-term lows. Eddie Lampert knows that this…
"William O’Neill, dean of clinical affairs at University of Miami’sMiller School of Medicine, says stent-patient traffic is beginning topick up in South Florida. Still, restoring luster to the popular deviceis likely to be an…
As the days pass and the UAW members vote on the union’s proposed deal with Chrysler, it appears that the agreement could be defeated. The Wall Street Journal writes that "workers at least three…