Sony’s (NYSE: SNE) new CEO Kazuo Hirai says the way for the company to turn around is to use the successful Playstation model. The PS3 is a gaming console, internet device, and entertainment…
The three major US stock indexes opened a bit higher this morning, and after some volatility have managed to get to the final half hour of trading with a modest gain. Some…
Microsoft Corp. (NASDAQ: MSFT) is preparing to distribute computers with a version of its upcoming Windows 8 operating system for devices using ARM processors from ARM Holdings plc (NASDAQ: ARMH). This marks…
Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in industry profit,…
A hacker group called Swagg Security has gained access to internal servers at Chinese manufacturer Foxconn, a large supplier to Apple Inc. (NASDAQ: AAPL), Dell Inc. (NASDAQ: DELL), and IBM Corp. (NYSE:…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Amgen Inc. (NASDAQ: AMGN) Cut to Perform at Oppenheimer; named…
Canaccord Genuity has what may sound routine with a “Reiterated Buy” rating in Apple Inc. (NASDAQ: AAPL) this morning. The call is far from routine, because the firm’s price target is being…
Jon C. Ogg Sometime next week, the US Department of Justice is expected to give its stamp of approval to Google Inc.’s (NASDAQ: GOOG) $12.5 billion acquisition of Motorola Mobility Holdings Inc. (NYSE: MMI) and…
Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble Wall St. and…
The cloud, a way for people and businesses to store information on remote servers instead of locally on PCs and other devices, has become a part of the product offerings of every…
Following media reports in The New York Times and other outlets about the treatment of Apple (NASDAQ: AAPL) supplier workers at China manufacturer Foxconn, nearly 200,000 people have signed an online petition to get…
Douglas A. McIntyre Sprint Nextel Corporation (NYSE: S) may be ticking up marginally after reporting its quarterly loss. Sprint turned in a report showing a loss of -$0.35 EPS, narrowly better than the -$0.37 EPS…
Jon C. Ogg The restructuring of the world’s troubled multinationals continues. The trend has been particularly evident in industries like big pharma, where sales have fallen too fast to maintain expense levels. The most recent victim of poor sales,…
The Greeks try to get a financial aid package while some regional leaders say the eurozone does not need the southern European nation. (Reuters) A House committee pushes through plans for a…
Amazon.com (NASDAQ: AMZN) has made no secret of its desire to compete with Netflix (NASDAQ: NFLX) and Apple (NASDAQ: AAPL) in the streaming of premium video to customers. Amazon has a built in advantage.…
