Lenovo, the world’s third largest PC company increased profits in is last quarter by 13x. And, operations in the US were profitable. Lenovo’s net rose to almost $67 million. Revenue was up…
Sun Microsystems (SUNW) will be up today. Up big. After hours, the stock move as much as 11% on the plus side. That took them to $5.40, still well below their 52-week…
According to Reuters, a groups lead by an internet entrepreneur is still pressing it case to buy Dow Jones (DJ). Reuters writes that Alcatel-Lucent”s (ALU) loss for Q2 was greater than expected.…
In the last quarter, Apple’s (AAPL) iPhone sales were not spectacular. iPod sales were a little under most estimates at 9.8 million units. But, the Mac went wild. Unit sales hit 1.76…
The big Chinese PC company Lenovo is opening plants in India and Mexico. It will use the Mexico plant to build a supply chain closer to the US. Lenovo has 35% of…
According to Reuters, Microsoft’s (MSFT) CEO defended the company’s move heyond the desktop. Reuters writes that Amgen (AMGN) turned in better than expected results as several key drugs did well. Reuters reports…
Apple (AAPL) Mac shipments hit 960,000 units in Q3 of this year according to IDC. Last year, that figure was 716,000, raising Apple’s share from 4.8% to 5.6% in the US market.…
Data from Gartner indicate that Dell (DELL) may not be doing as well as Wall St. bulls had hoped. Figures show that in Q2, PC shipments by Hewlett-Packard (HPQ) rose 36% but…
According to Reuters net income at Ebay (EBAY) rose 50%. Reuters reports that net income at IBM (IBM) rose 12% on strength in its software business. Reuters writes that Vodafone’s (VOD) revenue…
According to Gartner Group, PC sales rose 12.1% in the second quarter to hit 61.1 million units. The research firm had previously predicted growth of 10.6%. Laptop sales were particularly strong. Hewlett-Packard…
Another study has come out showing the lack of a connection between brand reputation and share price activity. Harris Interactive "best brands" survey was based on a poll of 2,372 adults from…
This morning, Credit Suisse is giving a little boost to shares of Dell, Inc. (NASDAQ:DELL). The broker has reiterated its "Outperform" rating on the stock, but has hiked its price target from…
Wal-Marts’ (WMT) same-store sales were up more than most analysts thought they would be, rising 2.9% in the four weeks ending July 7. Grocery sales did well, but electronics did better. "Sales…
Michael Dell told a group at a company product launch that Dell (DELL) still has a long way to go before its solves its sales and market share problems. The stock had…
(AA) Alcoa $0.81 EPS vs $0.81e; will likely have to sweeten Alcan bid before getting any approval from Alcan.(BOT) CBOT holders approve the CME merger offer.(CACS) Carrier Access lowered guidance.(CAKE) Cheesecake Factory…
