Everyone loves a good turnaround story, particularly in down-and-out technology stocks. The problem is that many turnarounds can never turn around. Computer Sciences Corp. (NYSE: CSC) was touted over and over as…
News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money laundering, portraying…
The latest data from International Data Corp. (IDC) confirms what we’ve all known for a while now: The mobile OS market is now unquestionably a two-horse race due to the dominance of…
Remember the January rumor that Research in Motion Ltd. (NASDAQ: RIMM) was being considered for acquisition by Samsung Electronics (OTC: SSNLF)? That’s okay if you don’t, because they could be about to…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) started as Neutral at Credit…
The Apple Inc. (NASDAQ: AAPL) suit against Samsung took a turn for the worse for the South Korean firm. It has contended it was just going about its business to create smartphones,…
Douglas A. McIntyre The Apple Inc. (NASDAQ: AAPL) suit against Samsung took a turn for the worse for the South Korean firm. It has contended it was just going about its business to create smartphones, with…
In the copyright case between Google Inc. (NASDAQ: GOOG) and Oracle Corp. (NASDAQ: ORCL), the judge asks for names of paid reporters and bloggers who work for the companies. (Reuters) The government…
The CEO of Sprint Nextel Corp. (NYSE: S) told a group of reporters today that the company saw “no reason to bet against” Apple Inc. (NASDAQ: AAPL) and the iPhone. It’s been…
Paul Ausick In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 2012.…
Updated throughout the day on the 24/7 Wall St. Wire: Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have bid $250 million for a number of Kodak’s patents. (WSJ) Manchester United…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…
If you think that ‘ridiculous bonuses’ are limited to Wall Street, think again. We have always worried about a bonus even being called a bonus, but this one truly is frivolous and…
Bloomberg reported this morning that, for the first time, the value of transactions in exchange-traded funds (ETFs) that track the Standard & Poor’s 500 Index is set to surpass the turnover for…
