Media Digest 12/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Henry Paulson said that a plan would be ready this week to spare some homeowners from mortgage resets. Reuters writes that November auto sales were weak with GM’s…
According to Reuters, the Henry Paulson said that a plan would be ready this week to spare some homeowners from mortgage resets. Reuters writes that November auto sales were weak with GM’s…
Jim Cramer on TheStreet.com videos is staying positive on his "Horsemen of Tech" and he said that today is mark-up day and fund managers will want to own these winning names going…
Research-In-Motion (RIMM), the famous Blackberry marketer, is having a rough time. After its stock made a huge run taking it up over 200% YTD in early November, it has sold off. Over…
Never throw out a CEO when he is in the middle of a solid turnaround. Motorola’s (MOT) CEO, Ed Zander is out. The new CEO, Greg Brown, was COO, and there is…
Verizon Wireless, a joint venture between Verizon (VZ) and Vodafone (VOD), announced that it would use so called Long Term Evolution for its 4G networks. The move is a huge blow to…
Every month, 24/7 Wall St. peruses through the NYSE, AMEX, and the NASDAQ. One key area we look at of course is technology. Below is a summary of some of the key…
Broadcom Corp. (Nasdaq: BRCM) announced early this morning that a federal judge has let stand a jury verdict that found that Qualcomm Inc. (Nasdaq: QCOM) infringes three Broadcom patents. Broadcom plans to…
Garmin Ltd. (NASDAQ:GRMN) decided to take the steps that insure its future is secure. The personal navigation device maker has signed a 6-year extension to the agreement with NAVTEQ (NYSE:NVT) (soon to…
Apple’s (AAPL) shares surged 11% yesterday. The Nasdaq was up sharply, which accounts for part of that. But, word that Apple was in talks with huge cellular company China Mobile (CHL) about…
Qualcomm (QCOM) has been left for dead by many investors. Rival Broadcom (BRCM) has won some key intellectual property decisions with the ITC and is also pounding the larger company in the…
WiMax appears to be such a promising technology, at least on paper. It can send wireless broadband signals for miles from one base-station. If is faster than 3G, the core technology used…
Qualcomm (QCOM) reported earnings yesterday. Wall St. should have been happy. Revenue was up 15% to $2.31 billion. Operating income rose 84% to $1.14 billion. EPS was up 86% to $.67. All…
According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the…
Just when shares in Hewlett-Packard (HPQ), Dell (DELL), and Apple (AAPL) were doing so well, it appears that, in Japan, consumers are moving toward game consoles and smart phones for their daily…
Any business where Cisco (CSCO) and Intel (INTC) are on the same side of the ball is going to get a lot of momentum. And, yesterday Cisco bought WiMax equipment company Navini…