Japan has a corporate scandal all of its own, proof the larceny and bad management are without borders. An investigation into hundreds of million of dollars in concealed losses at Olympus has…
On a visit to Taiway yesterday, Google Inc. (NASDAQ: GOOG) chairman Eric Schmidt told smartphone makers that the company will support its manufacturing partners “because we think the Apple thing is not…
Greece will announce its new government today. (Reuters) Inflation in China drops in October. (Reuters) Olympus investment losses may have gone above $1 billion. (Reuters) Silvio Berlusconi leaves as prime minister of…
If you trust BMO Capital Markets, it looks like ARM Holdings PLC (NASDAQ: ARMH) has more upside than Intel Corporation (NASDAQ: INTC). In a switch around call, BMO raised ARM Holdings to “Outperform”…
Shares in Sprint Nextel Corp. (NYSE: S) and Nokia Corp. (NYSE: NOK) are both down more than -5% in mid-afternoon trading today. There’s not specific news to account for the drop, but…
When Apple Inc. (NASDAQ: AAPL) reported that it sold 17 million iPhones in the third quarter of this year, that meant that the company’s smartphone market share fell from about 17.4% to…
Japan acts to lower the yen before the upcoming G20 meeting. (Reuters) Beacon Power (NASDAQ: BCON), backed by U.S. funds, goes bankrupt. (Reuters) Young and well-educated Greeks begin to leave the country.…
Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the process of…
Samsung boasted that it sold more smartphones than Apple (NASDAQ: AAPL) in the third quarter, but it may not have made much money in the process. Volume is nearly useless without margins.…
The failure of the new Nintendo 3DS and upgraded Wii have caused the Japanese company troubles similar to those faced by Motorola, Research In Motion (NASDAQ: RIMM), and Nokia (NYSE: NOK) in…
Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters) China’s October PMI is…
Some economists argue that while businesses have recovered a great deal from the recession, American workers have not. There is some proof of that in Microsoft’s (NASDAQ: MSFT) latest quarterly results. Analysts…
