Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
Around the world, PC sales are dying. The global recession is causing consumers and businesses to defer purchases until their current machines break down. Their older computers have powerful enough processors and…
Gartner’s new research on PC sales for 2009 is out and there it nothing in it to cheer the likes of Hewlett-Packard (HPQ) or Dell (DELL). Sales of computers will drop so…
Dell’s earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise. Independent research shows PC sales falling around the world as the recession…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the close of trading today. The troubled PC giant is expected to post $0.26 EPS on $14.18 billion in revenue. There are…
Douglas A. McIntyre It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers. One of the things computers and servers have in…
Domestic car sales are down about 30%. Sales at Chrysler have been hit hardest, down 50% in the most recent two months. In a bad economy, it makes sense that consumers will…
Wall St. is estimating that Microsoft (MSFT) will make $.40 a share in the current quarter and $1.77 for its fiscal year which ends in June. The company’s CEO is sending a…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
These are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Thursday morning: BP Prudhoe Bay Royalty (BPT) Cut to Sell at Citigroup. British Sky…
PCs are so well-made now that they do not have to be replaced until they break. The processors put in computers made two years ago are still powerful enough for most consumer…
The massive power in the newest of low-cost PC’s is killing the computer companies PC’s are becoming about the same as refrigerators and toasters. And now the $10 laptop is on the…
Over the last two years, in the PC business Michael Dell has been beaten like a rented mule. His company continues to lose market share particularly in the US. Industry analysts would…
According to Reuters, Republican may keep fighting Obama on the stimulus package. Reuters reports that Roche dropped its bid on Genentech (DNA) to $42 billion. Reuters writes that the Administration will release…
