Palm Losing All Friends… S&P Downgrade (PALM, AAPL, NOK, RIMM)
Palm, Inc. (NASDAQ: PALM) has been in trouble. About all that can be said after it recently hit 52-week lows is that it has at least bounced about 5% from its recent…
Palm, Inc. (NASDAQ: PALM) has been in trouble. About all that can be said after it recently hit 52-week lows is that it has at least bounced about 5% from its recent…
Updated throughout the day. Updated: 12.55 PM Eastern: RadioShack will be taken private (Bloomberg) Updated: 12.55 PM Eastern: GM vice chair Bob Lutz will retire May 1 (CNBC) Government regulators have asked…
Reuters: The Senate overcame opposition to allow jobless benefits to be extended. Reuters: China will hope to keep the value of the yuan steady. Reuters: JC Penney (JCP) will focus on exclusive…
Kodak (EK) sued Apple, RIMM, and Motorola (MOT) for patent infringements. Nokia sued Apple (AAPL). Nokia claims to have patents that the Apple uses in the iPhone. Now Apple (AAPL) has filed a patent…
E-reader marketers like Amazon (AMZN) and Barnes & Noble (BKS) have caught a break just before Apple comes to market with its iPad table computer. The iPad, with its 10.1″ screen, touchpad operation,…
Reuters: GM will recall 1.3 million cars for steering problems. Reuters: China would like one price for iron ore to cut commodity speculation. Reuters: Two software services will help telcos as they…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Reuters: Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts. Reuters: Toyota (TM) is at work in China on damage control. Reuters: Asia factory output expanded by…
Apple (AAPL) found that three of the companies that provide it with components to build its products employ underage workers. Apple’s 2010 Supplier Responsibility reports says that “Apple discovered three facilities that…
Everyone, or at least most everyone, loves dividends. While some investors love share buybacks, dividends seem to be the new way we are seeing for companies to reward shareholders. The good news…
Reuters: Akio Toyoda met with Transportation Secretary LaHood. Reuters: Lloyds posted huge loss driven by bad debts. Reuters: A job creation effort is hung up in Congress again. Reuters: Blackstone (BSX) got commitments for…
Apple Inc. (NASDAQ: AAPL) has recovered sharply today from its lows, although it may be on more noise than news. The company at its annual meeting reelected its seven board members. There…
There is one headline about management that almost always brings up concerns from the financial community….. CFO Resignations. GameStop Corp. (NYSE: GME) is paying a price this morning because CFO Catherine Smith…
Palm (PALM) may not be dead, but it is dying. It could not survive that ongoing success of smartphone leaders Apple (AAPL) and RIM (RIMM). The iPhone and Blackberry just keep gaining…
Updated throughout the day Greece will sell a 10-year bond next week to raise about $3 billion. (WSJ) GE (GE) will sell a $3.3 billion interest in Turkish bank Garanti (CNBC). Australia’s…