With earnings from the top two PC giants roughly two weeks away, we have many about what lies ahead for the tech sector. Dell Inc. (NASDAQ: DELL) reports earnings on November 20,…
Hewlett-Packard Co. (NYSE: HPQ) has just joined the list of stocks which hit new 52-week lows, but it gets worse. These were actually the lowest levels seen since late in 2006. This…
According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving into a deep recession. Reuters writes that Google (GOOG) exceeded forecasts and…
IBM (IBM) had already told the market that it had done remarkably well in Q3. The company confirmed that today. IBM announced third-quarter 2008 earnings of $2.05 per share from continuing operations…
Douglas A. McIntyre JPMorgan has come out with some changes in its technology and imaging sector today. The firm wants to be defensive right now with steady revenue streams and steady margins. It is cautious…
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) would each…
IBM (NYSE: IBM) is showing that some companies can still raise cash in these troubled times. Big Blue is selling $4 billion in debt in a multiple maturity offering. The company is…
Douglas A. McIntyre According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank deposits. Reuters reports that Citigroup (C) has ended talks about taking over…
It would not be a good idea to look at IBM’s (IBM) superior earnings and assume that tech will have had a good third quarter and that the rest of the year…
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK. Reuters reports that IBM’s (IBM) earnings strength helped calm tech investors. Reuters…
Jim Cramer wants people to sell all of their stocks. Even though the market may keep falling, that might not be a practical solution for everyone. There are several things investors can…
A number of people are trying to convince IBM (IBM) shareholders that the company may miss its quarterly numbers. Not likely. IBM stock was almost $121 on Friday. It trades at $104…
Douglas A. McIntyre Joe Tucci, the CEO of EMC (EMC), has done his best to ruin his company and its spin-out VMWare (VMW). VMWare has the look and feel of a public firm but Tucci…
According to Reuters, Warren Buffett invested $5 billion in Goldman Sachs (GS). Reuters says that the Paulson bailout plan is being attacked in Congress. Reuters reports that Japanese banks, in trouble a…
The evidence that sales at many companies are struggling and that employment will suffer are almost everywhere. Recently, a division of GMAC said it would let 5,000 people go. According to MSNBC,…
