After Wal-Mart (WMT) announced its outstanding June numbers, Wall St. said the company was actually “recession proof”. Consumers, beat down by high gas and commodities prices, could turn to Wal-Mart to get…
According to Reuters, RBS (RBS) had $1.35 billion loss due to write-downs. Reuters reports that Google (GOOG) says its investment in AOL may be impaired. Reuters writes that Citigroup (C) and Merrill…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it…
According to Reuters, large Yahoo! (YHOO) holder Capital Research want to know whether vote counts from the company’s annula meeting were accurate. Reuters writes that the Fed is seen as holding rates…
According to Reuters, T Boone Pickens is seeking an "army" of business leaders and citizens to back alternative energy. Reuters reports that Starbucks (SBUX) posted if first loss as a public company…
Google (GOOG) has a market cap of $150 billion. The company runs twenty properties each of some significant size from YouTube to Google Earth. Some of these operations probably add to Google’s…
Douglas A. McIntyre A company that plans to compete with Google (GOOG) probably needs to get off to a good start. Google’s size and market share would make the task of getting into its business…
Douglas A. McIntyre Google (GOOG) has a new rival, Cuil. Out of the box, it seems hopelessly broken. The news search engine claims it covers three times as many web pages as Google.
According to Reuters, KKR will go public on the NYSE at a valuation of $15 billion. Reuters writes that the production problems with the Airbus 380 are not over. The Wall Street…
China now has more people online than the US, 253 million to be exact. The China Internet Network Information Center says that the number of internet users was up 56% from June…
At most companies, if the head of a major division which has been under pressure leaves the firm, it is considered bad news. Microsoft (MSFT) is probably an exception.
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
Concern about the health of Apple (AAPL) CEO and founder Steve Jobs has been mounting since his appearance to launch the iPhone 3G model. He was terribly thin. Earlier this week, the…
Google’s (GOOG) earnings disappointed Wall St. and pushed the stock down nearly 8%, but the message from the numbers is more profound than a little shortfall. Google’s net was up 35%. The…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
