According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff.…
New figures from HitWise support the Microsoft (MSFT) contention that Yahoo!’s (YHOO) share of the search market is shrinking ,making it less likely that the portal can compete against Google (GOOG) on…
AT&T (T) has indicated that it will ship phones with the Google (GOOG) Android operating system. That may happen later this year. The news is bad for Yahoo! (YHOO) which has the…
Two years ago the Shanghai Composites was at 1,300. It got over 6,000 last October and trades at about 3,300. At its recent 52-week low, it was off almost 50% from its…
Google Inc. (NASDAQ: GOOG) has recently been under fire from critics over its side-operations in going green and its own space-race. It isn’t the coolness factor that is the issue, but the…
Douglas A. McIntyre With all of the carnage in the financial sector it would be hard to believe that any other group of stocks could have done worse. The technology sector claims that, for the…
The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
According to Reuters, the Treasury Department will announce a proposed major overhaul of the US financial regulatory system. Reuters writes that Yahoo! (YHOO) introduced Shine, a site for women. Reuters writes that…
According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run the company after the buy-out is complete. Reuters writes that the chairman…
Google’s (NASDAQ: GOOG) number of "paid clicks", a key measurement of the company’s success, had very modest growth in February. Investors have been concerned about the data since it showed weakness in…
Douglas A. McIntyre Steve Jobs of Apple (NASDAQ: AAPL) used to be the big "$1 a year" salary guy. Now the privilege falls to Eric Schmidt, Sergey Brin, and Larry Page at Google (NASDAQ: GOOG)…
24/7 Wall St. had a chance to interview Steve Ballmer, CEO of Microsoft (NASDAQ: MSFT) on a few subjects including why some large companies were late to the search business, his view…
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a…
According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep…
According to Wireles and Mobile News: "Verizon Wireless (VZ)(VOD) was the biggest winner of the Federal Communications Commission’s 700 MHz auction, winning six large licenses that i will give it air space…
