According to Reuters, shares in Amazon (AMZN) dropped on concerns about margins in it latest earnings. Reuters writes that RIM (RIMM) will start to market its Blackberry in China. Reuters reports that…
Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 million iPhones…
Sandisk (SNDK) has its own solution for moving content from the PC to the TV. Companies from Intel (INTC) to Microsoft (MSFT) have been working on this problems for years. Apple (AAPL)…
AMD (AMD) has accused Intel (INTC) of creating a monopoly in PC and servers chips by using its size to give customers special deals to do business with it exclusively. The European…
With the CEO out at Sprint (S), it looked like his dream for a nationwide WiMax network to blanket much of the US with high-speed wireless was dead. That might have killed…
According to Reuters, Halliburton (HAL) increased its third quarter profit by 19%. Reuters writes that Wal-Mart (WMT) will buy the part of its Japanese operations that it does not own for $350…
The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in…
There was a moment after AMD (AMD) released its earnings when the stock actually rose. Gross margins were up a bit. The Q3 loss was less than Q2. There was a below…
AMD (AMD) had another big quarterly loss. But, it was not as large as in Q2 and gross margins improved a bit. Maybe the chip price wars are ending and AMD can…
Workers in industries that are not doing well usually get laid off. But, it is not a good omen when workers in robust sectors of the economy are losing their jobs. Countrywide…
According to Reuters, the Mortgage Bankers Association said that mortgage originations will fall next year to the lowest levels since 2000, forcing job losses for at least 30,000 more home finance professionals.…
Intel (NASDAQ:INTC) has reported earnings of $0.31 EPS and $10.1 Billion in revenues, versus First Call estimates $0.30 EPS and $9.62 Billion in revenues. It said microprocessor units set a record and…
It used to be that banks all grouped their earnings around each other. We’ve already started seeing some of the big earnings come out, but today we have a major day from…
Intel (IN TC) has cut costs and beaten back a push from AMD (AMD) to take some of the larger company’s share of x86 chips in PCs and servers. AMD’s stock is…
According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation’s survey of its members shows retail sales are expected…
