Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public…
We are expecting the key earnings report from Hewlett-Packard Company (NYSE: HPQ) after the close of trading today. This should mark the 30th DJIA component reporting earnings this season. Because of the…
Apple’s (AAPL) march to make the iPhone a viable alternative to the business-oriented RIM (RIMM) Blackberry and perhaps netbooks, which are posting surging sales, got a boost from software security companies. Symantec…
Reuters Obama hopes to have healthcare bill by July Reuters Documents on Paulson’s meetings with banks forcing them to take TARP have been released Reuters Banks sued MBIA (MBI) over its $5 billion…
The EU finally fined Intel (INTC) for anti-competitive behavior and the amount of the fine was staggering–$1.44 billion. Intel has been accused of using pricing and special rebates to undermine the sales…
Reuters : Intel (INTC) said its results are running better than expected. Reuters : The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the…
Intel Corp. (NASDAQ: INTC) had already given the indications that the tech market was bottoming out. At today’s investor meeting, CEO Paul Otellini, said hat he believes conditions seem to be improving…
According to Reuters, Obama says his healthcare programs will save billions. Reuters reports that AIG (AIG) expects a long restructuring process. Reuters writes that Soros says the economic downturn trend is easing.…
The Financial Times is reporting that EU antitrust authorities are preparing to levy a huge fine against the world’s largest chip company, Intel (INTC). The paper writes that “Some lawyers suggest that…
A number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe that, for the first time in memory, America cannot rebuild itself after…
ASM International NV (NASDAQ: ASMI) has just secured an investment from Intel Corp. (NASDAQ: INTC) via Intel Capital. The investment is listed as a 4% stake of the company’s total common share…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number of large companies, especially financial firms. Governments in both the US and…
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the…
Intel (INTC) sees a bottom to the falling demand for PCs. Smaller competitor AMD (AMD) does not. During the Intel earnings conference call, the company’s CEO said that PC sales had leveled…
