Shares of online auctioneer eBay (NASDAQ: EBAY) are trading lower today to a new 52-week low on reports that CEO Meg Whitman will be stepping down. The WSJ led this reporting and…
Apple’s (AAPL) iTunes service has been invulnerable, at least until now. The consumer electronics company has alienated its music publisher partners by dictating pricing and revenue sharing. That would only makes sense.…
According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had…
Amazon (AMZN) appears to have landed a deal to get Sony BMG as a customer for its music download service on top of deals with EMI, Universal, and Warner, according to Apple…
John Chambers of Cisco (CSCO) says he will not change his plans for the company even if there is a significant recession. His view of the world goes out five years or…
This is the list for just one day. The wild paroxyxm of announcements at the Consumer Electronics Show has begun. Yahoo! (YHOO) says it will open up the software for its mobile…
Netflix (NFLX) has put together a deal with LG Electronics to build a box which will allow consumers to download movies and play them on their TVs. It would seem like a…
On tonight’s MAD MONEY on CNBC, Jim Cramer kicked off 2008 by being somewhat cautious on the volatility in 2008. Cramer said he wants to Add gold to the portfolio with Barrick…
These are not at all the only impact analyst calls kicking off the new year, but these are the calls we are focusing on this morning at 247WallSt.com: Advanced Micro Systems (AMD),…
This holiday, the press is replete with stories of sales of Macs on the Amazon (AMZN) website and the transcendent experience of shopping at an Apple store. Perhaps all of those consumers…
Amazon.com (NASDAQ:AMZN) has announced some of its statistical results for the holiday shopping season. While it is labeled "it’s best ever holiday season," other stores around the country and around he web…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that…
Only good news for Apple (AAPL). At least that is how Wall St. looks at the holiday prospects for the maker of Macs, iPods, and iPhones. Apple’s shares hit $199.33, an all-time…
A look at the top-selling PCs on Amazon (AMZN) shows that Hewlett-Packard (HPQ) and Apple (AAPL) are doing unusually well. The HP Pavillion line is doing especially well, as are the Apple…
Which companies are likely to big holiday sales? In the video game category Activision (ATVI) and Nintendo are the leaders on the Amazon (AMZN) bestseller list for video games. Activision (ATVI) has…
