September sales for video game consoles were relatively good given the economy. Price cuts on the Nintendo Wii, Sony (NYSE:SNE) PS3, and Microsoft (NASDAQ:MSFT) Xbox stimulated activity. It appears that the initial surge…
You have already seen the Hewlett-Packard (NYSE: HPQ) buyout of 3Com Corporation (NASDAQ: COMS). But this week before that deal was announced we covered how mergers in the technology sector have been…
Activision Blizzard, Inc. (NASDAQ: ATVI) may actually hit that $500 million first week target after all. The company has announced this morning that since the 12:00 launch on Tuesday that its much-hyped…
Bill Gates is one of the richest men in the world and the founder of one of the most successful companies ever created. That means that the media hangs on every word…
Douglas A. McIntyre Applied Materials (NASDAQ:AMAT) can be added to the long list of American companies that made a profit in the last quarter and then fired a significant part of their workforces. It is a disturbing trend…
Several studies show that Microsoft’s (NASDAQ:MSFT) Bing search engine picked up market share in October. Combined with Yahoo! the two companies could end up with clost to 30% of the industry in…
It is usually questionable if Microsoft Corp. (NASDAQ: MSFT) and its new Bing.com search engine is stealing from Google Inc. (NASDAQ: GOOG) or from Yahoo! Inc. (NASDAQ: YHOO) when it comes to…
Short sellers have bought into the notion that the financial industry is in full recovery. Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short in CIT…
The recovery is on and mergers are happening, yet the technology sector has been slow to make deals. Despite some deals already having taken place from the technology giants and that $260…
Updated throughout the day. Update 2.52 PM EST: The antitrust disagreement between Intel (NASDAQ:INTC) and AMD (NYSE:AMD) may be resolved by a private settlement (MarketWatch) Updated 12.23 PM EST: Motorola (NYSE:MOT) may…
Updated throughout the day. Updated at 11.49 AM EST: Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg) Updated at 10.12 AM EST: Wells Fargo…
Activision Blizzard (NASDAQ:ATVI) is about to release its “Call of Duty: Modern Warfare II: video game. Sales are expected to be half a billion dollars in the first week. That would make it the…
Microsoft (NYSE:MSFT) Windows 7 sales in the first week after its introduction last month outdid Vista sales during the first week after its launch in January 2007 by 234%, according to industry…
Reuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU valuation. Reuters: The…
Updated throughout the day. Citigroup (NYSE:C) will re-launch some of its least successful hedge funds (FT) The stock market is at risk of not holding 10,000. (TheStreet) AIG (NYSE:AIG) will not hold a…
