Sony (NYSE: SNE) said it would finally turn around is prospects and make money in the next year. Bumbling CEO Sir Howard Stringer is gone. Sony’s core problems are not. It is still…
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each shows up near the bottom…
Oil has passed $97 on its way down to what some analysts believe will be $90 or less. That would be a reset of more than 15% over two months. The worry…
Coalition talks in Greece are unlikely to create a new government, raising the chance Greece could leave the eurozone. (Reuters) GlaxoSmithKline (NYSE: GSK) will launch a takeover of Human Genome Sciences (NASDAQ:…
Chinese-based Proview Electronics continues to contend that it was bilked out of the iPad name by Apple (NASDAQ: AAPL). The firm says Apple should have paid it much more for the trademark…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings on Wednesday after the closing bell. While we usually cringe when analysts and media pundits say this about a single report, the…
The line between mobile wireless carriers and cable and satellite TV providers has been blurring for a couple of years and may be on the way to disappearing entirely before too long.…
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most closely —…
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail stores. JCPenney’s…
Nokia’s (NYSE: NOK) flagship Lumia 900 had a software bug when it launched. This caused bad PR, but the problem was quickly solved. That was not the end of glitch problems. The…
Frontier Communications Corp. (NASDAQ: FTR) missed its consensus first quarter EPS estimate this morning and the company’s shares are getting pummeled. The miss was close: EPS of $0.05, a penny below the…
It is no secret that Sprint Nextel Corporation (NYSE: S) is in trouble. CEO Dan Hesse has been under pressure by holders on and off during his tenure. Many of the problems…
Jon C. Ogg 24/7 Wall St. often looks at the key earnings reports scheduled for the week ahead. We have the bulk of the S&P 500 earnings behind us and we are now starting to…
Shares of Nokia Corp. (NYSE: NOK) touched a new 52-week low today at $3.12. The struggling handset maker has been hit with a class-action lawsuit charging that the company misled investors regarding…
The new Samsung Galaxy S III is a better smartphone than the Apple (NASDAQ: AAPL) iPhone. Until a few days ago, the iPhone had no single worthy rival. Could that really change in…
