Starbucks (NASDAQ: SBUX) has been a disappointment recently. Same-store sales in the US slowed over the last couple of quarters. The company pushed down its guidance. Founder Howard Schultz kicked out his…
AMD (AMD) has been bragging that it will introduce a new high-end chip for desk-top computers. It will make PCs run faster, especially for hungry video and gaming applications. The chip, Phenom,…
According to Reuters, Oppenheimer cut is earnings forecasts for Merrill Lynch (MER) and UBS (UBS) a day after cutting Citigroup (C) and Bank of America (BAC). Reuters reports that the Meriwether hedge…
"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London Observer, March 23, 2008 Many investors find it hard to believe that…
The Inquirer is reporting that AMD (NYSE: AMD) is cutting 5% more of its staff. This may be an indication that the chip company will miss its numbers for the first quarter.…
Douglas A. McIntyre Intel (NASDAQ: INTC) is not satisfied with its 75% to 80% share of the PC and server markets. It is about to launch a new, more powerful set of chips, presumably to…
Wall St. has gone from hating financial firms with bad balance sheets to hating all companies with big pools of debt. With the crisis which has evolved over the last few day,…
Doug Freedman at American Technology Research has issued a call in the PC and memory sector this morning. The firm notes that the March quarter is tracking in-line with normal seasonality for…
Intel (NASDAQ: INTC) management and lawyers are in Europe talking with EU officials about whether the big chip company violated anti-trust laws in the region. According to The Wall Street Journal "The…
The short interest on the NYSE hit an all-time record for the period ending February 29. Figures by company compare to shares sold short on Ferbruary 15. Financial firms had significant increases…
According to Reuters, Google (GOOG) lost a key executive to Facebook. Reuters reports that losses at Credit Agricole were worse than expected Reuters reports that OPEC indicated that it would leave production…
The government is fond of using taxes and tax benefits to change behavior. Put a big tax on cigarettes and people will smoke less. Put a "gas guzzler" tax on big cars…
Intel (NASDAQ: INTC) sent the tech world and stock market more news which they did not need. The company cut its gross margin estimates. According to the company "Intel Corporation today lowered…
Now that Intel (NASDAQ: INTC) has the launch of its quad-care chips behind it, the company is looking at putting out a six-core chip product, perhaps early as next quarter. According to…
Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31 Shares sold…
