It was big news when International Business Machine Corp. (NYSE: IBM) first reported that Virginia Rometty would take over as chief executive officer. It was not just that CEO Sam Palmisano was a…
Meg Whitman’s plans to revive Hewlett-Packard Co. (NYSE: HPQ) have become audacious. Various media report that she believes a more attractively designed family of PCs will bring back customers who have deserted…
Record iPhone 5 Preorders AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is sold out. The…
The markets’ broad rally has left some sectors behind, most notably the PC and PC-related hardware companies. The death of the platform, which has become broadly accepted by Wall St., has not been…
EU Finance Ministers Meet The financial ministers of the euro area will meet over the next two days. There is a very wide range of topics that they might discuss. The gathering should begin…
We tracked the short interest in the following Nasdaq most actively traded stocks: Facebook Inc. (NASDAQ: FB), Sirius XM Radio Inc. (NASDAQ: SIRI), Intel Corp. (NASDAQ: INTC), Microsoft Corp. (NASDAQ: MSFT), Zynga…
Research firm IDC has named the top PC makers for the second quarter of 2012. The top 5 global makers are: Hewlett-Packard Co. (NYSE: HPQ), 13.4 million units shipped, 15.5% market share…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Advanced Micro Devices Inc. (NYSE: AMD) raised to Neutral from Sell at…
Debate over how many jobs the United States loses to China has gone on for years. Today, China is one of the two largest manufacturing economies in the world. The other is…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall St. research calls this Tuesday morning. AK Steel Holding Corp. (NYSE: AKS) cut to Sell…
All you had to do was review the recent earnings reports from Dell Inc. (NASDAQ: DELL) and Hewlett-Packard Co. (NYSE: HPQ) and you knew that a PC slowdown was still underway. Unfortunately, the…
The bad news about PC sales, particularly at Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) was bound to be bad news for chip markets Intel (NASDAQ: INTC) and AMD (NYSE: AMD). The…
Shares of Staples, Inc. (NASDAQ: SPLS) fell 1.18% to close at $10.85 on trading volume of 15 million shares. The company was downgraded by Morgan Stanley on Friday from ‘overweight’ to ‘equal weight’.…
247sam Shares of Big Lots Inc. (NYSE: BIG) fell 20.80% to close at $30.76 on trading volume of 15.9 million shares. The company earned 36 cents a share, down from 41 cents a share…
Sony Corp. (NYSE: SNE) called the firing of 1,000 people at its mobile phone business part of a grand plan. Kunimasa Suzuki, the president of Sony Mobile, said: We are accelerating the integration…
