Following on its observations that tablet devices and smartphones would hurt PC sales, Gartner Inc. (NYSE: IT) has lowered its forecast for worldwide PC sales for this year. The IT research company …
Insider selling by millionaire and billionaire corporate insiders is already rising, but it is about to go through the roof. Forget the politics and forget the morale left behind as a result,…
The craze of late-2008 into 2009 was the netbook. The new craze is the tablet PC, and you do not need to be told about the iPad from Apple Inc. (NASDAQ: AAPL). …
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is one of the potential acquisition targets as I.T. and communications equipments giants look to consolidate their storage, networking, and data center offerings under one company. …
Hewlett-Packard Co. (NYSE: HPQ) is out with earnings and the IT and PC giant reported $1.33 EPS on $33.28 billion in revenues. Thomson Reuters had estimates of $1.27 EPS on revenue of…
Hewlett-Packard Co. (NYSE: HPQ) reports earnings this afternoon, after the market closes. Non-GAAP EPS is expected to be $1.27 on revenue of $32.75 billion. That’s substantially better than the EPS of $1.08…
Dell (NYSE: DELL) reported especially strong earnings for its last quarter. Revenue was up 19% to $15.4 billion. Net income rose 144% to $822 million. CEO Michael Dell was bold to say “Our…
The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of…
The list of Unusual Suspects for the week ahead is a rather different list. Some are due with earnings, some have FDA events, and others just have shareholder specific events coming down…
So much for thinking that earnings season was over. Next week we have a another round of earnings, with the big focus being retail mixed with some technology earnings. On deck is…
Short sellers moved into the shares of large financial firms, perhaps sensing the effects of new regulation and an exit from proprietary trading businesses. The short interest in Citigroup (NYSE: C) rose…
Chine criticized the US for its QE2 program because it believe the move will add to much liquidity to emerging markets. (Reuters) Regulators have begun to examine Citigoup debt funds to see…
Dell (NASDAQ:DELL has decided to replace the 10,000 or so Research In Motion (NASDAQ: RIMM) BlackBerries that its employees use with its own Venue Pro smartphone. The Dell product is largely untested.…
The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
The Republicans took control of the House but not the Senate. Solar panel maker Solyndra was forced to halt expansion, to some extent because of Chinese competition. (NYT) Cotton prices will cause clothing…
