Apple (AAPL) iPhone Gets Lift From Facebook
Facebook has built an application that runs on the Apple (AAPL) iPhone. TechCrunch believes that it is the best application yet for the handset. The new product is a win for both companies. The…
Facebook has built an application that runs on the Apple (AAPL) iPhone. TechCrunch believes that it is the best application yet for the handset. The new product is a win for both companies. The…
Dell (DELL) has moved to sell its PCs through retail outlets like Wal-Mart (WMT) Now, it wants to help retailers run their businesses. The computer company has married itself up with the world’s largest…
Yahoo! (YHOO) is hoping that a new technology called Smart Ads will makes its display advertising more attractive to marketers. The product allows an advertiser to give a broad array of creative units for…
DirecTV (DTV) is setting up a partnership with Current Group to sell broadband that is delivered over powerlines. The product uses the existing wiring from the utilities to send a high speed signal that…
According to Reuters, Nestle increased its share buyback to $21 billion after reporting a strong first half. Reuters writes that SAP (SAP) and Dell (DELL) will create products that help retailers run their businesses.…
Markets in Asia were down sharply. The Nikkei fell 2.2% to 16,476. Sony (SNE) fell 2.6% to 5520. Toyota (TM) fell 3% to 6850. The Hang Seng fell 2.8% to 21,397. China Petroleum (SNP)…
Thornburg Mortgage (TMA) Mortgage company faces concerns about margins calls. Analyst downgrades. Shares halted near close. Down to $7.49 from 52-week high of $28.40. Pulte Homes (PHM) Large home-builder. Nothing more need be said.…
Late word is the Don Imus has settled things with CBS (CBS). He had a $40 million contract with the company when he was dismissed for unfortunate remarks on his radio show which also…
Shares in The Tribune Company (TRB) are off almost 4% today to $24.57. The price promised for an LBO lead by Sam Zell is $34. The deal is now likely to die, in which…
Maybe Apple (AAPL) is just selling too many Macs. In the University of Michigan US Customer Satisfaction Index, Apple’s score fell 4.8% to 79 (out of 100). Hewlett=Packard (HPQ) moved up 1.3% to 76.…
AppliedMaterials (NASDAQ:AMAT) reports earnings today after the close and First Call estimates are still $0.32 EPS and$2.53 Billion in revenues. Next quarter is also its fiscal year-endand analysts expect it to post $0.30 EPS…
VMWare’s (NYSE:VMW) Long awaited partial spin-off and IPO from EMC (NYSE:EMC) has finally made it out to market. Indications out of the chute were originally $38.00 to $41.00 after a $29.00 pricing. But indications…
It’s happening. EMC (EMC) traded up 2.5% after the open and are now only up 1.3% since the indications of VMware have started. $19.84 was the recent and multi-year high, so that may be…
Everywhere he looks Linux founder Linus Torvalds see Microsoft (MSFT). Redmond attacks him while he is sleeping. According to ZDNet, MSFT "is falling short with its technology and, because it cannot win against open…
Analysts at Sanford C. Bernstein & Co believe that Citigroup (C) may lose $3 billion in the third quarter. The big bank "may lose between $1.2 billion and $1.5 billion on loans to buyout…
A little study done by some doctors and scientists and published in Archives of Pediatrics and Adolescent Medicine shows that most children prefer food wrapped in paper with the McDonald’s (MCD) logo. According to…
Perhaps Sony (SNE) should not feel so bad about all of those faulty PC batteries that it made. This AM Nokia (NOK) announced that as many as 46 million handsets had Matsushita Electric Industrial…
The Home Depot (HD) today reported fiscal 2007 second quarter consolidated net earnings of $1.6 billion, or $0.81 per diluted share, compared with $1.9 billion, or $0.90 per diluted share, in the same period…
Wal-Mart (WMT) reported that net sales for the second quarter of fiscal year 2008 were $91.99 billion, an increase of 8.8 percent over the second quarter of fiscal year 2007. Income from continuing operations…
Markets in Europe were mixed at 6.45 AM New York time. The FTSE was up .2% to 6,232. BT (BT) rose 1.1% to 311.5. Vodafone (VOD) moved up 1.4% to 160.5. The DAXX fell…