Another new fiscal year, another new strategic plan. Sony (NYSE: SNE) has a new chief executive, and he means to prove that the collapse of the company is only temporary. The description…
Sony (NYSE: SNE) says it will eliminate 10,000 jobs and retool the company for growth. (Reuters) Exports from Japan improve. (Reuters) The Fed’s Beige Book reports concern about energy costs. (Reuters) The World…
Markets opened higher this morning following the pleasant surprise earnings report from Alcoa Inc. (NYSE: AA) after markets closed yesterday (our coverage here). The report on US crude oil inventories showed a…
Earlier this morning Nokia Corp. (NYSE: NOK) issued a warning on first and second quarter revenue and earnings, but that wasn’t all the bad news the company had coming today. Nokia’s Sunday…
Texas Instruments Inc. (NASDAQ: TXN) is trading up so far with the broader equity and technology markets. The question which needs to be asked is “Should it really be up?”… The warnings…
Nokia Corp. (NYSE: NOK) this morning issued a preliminary look at first and second quarter earnings, and the view is not pretty. The company noted margin declines and poor sales in Africa,…
Paul Ausick Household debt combined with falling home prices have been more toxic to the economy than previously believed. This is not just true in the United States, according to new IMF data. The…
NokiaTroubled handset maker Nokia (NYSE: NOK) cannot get a break. Its alliance with Microsoft (NASDAQ: MSFT) was supposed to allow it to produce attractive new smartphones meant to help it claw back…
The Android smartphone operating system from Google Inc. (NASDAQ: GOOG) grabbed nearly 70% of sales in China during the fourth quarter of 2011 according to a new report from Chinese research firm…
Despite the fact that Easter and Passover holiday may not be the best time to launch a new product, Amazon. com Inc. (NASDAQ: AMZN) reports that the Lumia 900 from Nokia Corp.…
Lists of top-sellers at single destinations do not always equate to broad-reaching trends around the entire nation nor around the entire globe. Still, when you see a surprise like this it tends…
Several media sources report that Microsoft (NASDAQ: MSFT) has given app developers financial incentives to create software for its Windows mobile OS. The operating system, combined with phones from Nokia (NYSE: NOK)…
JCPenney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL), claims this will turn the crippled…
Research firm comScore Inc. (NASDAQ: SCOR) is out with its report on the US mobile phone market for the rolling three-month period through February 2012. The data shows that 234 million Americans…
Research firm Nielsen reports that 49.7% of US mobile phone subscribers owned smartphones at the end of February. In February of 2011, that number was just 36%. The leading operating systems vendors…
