Research In Motion (NASDAQ:RIMM) posted earnings after Street consensus was $3.78 billion in revenue and $1.04 a share. Guidance was for $3.6 billion to $3.85 billion and EPS of $1 to $1.08. As…
Douglas A. McIntyre Almost every business in the world that has hardware devices that run customized software want to create their own version of the Apple (NASDAQ:AAPL) App Store. Apple claims that developers have created…
New data from search firm Spencer Stuart shows that members of the boards of three American public companies make more than $100,000 a meeting. Two of the first are not terribly well-known–…
Reuters: Obama’s poll ratings on the economy dropped. Reuters: Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO. Reuters: Bernanke’s confirmation should pass its first hurdle. Reuters: The US delayed selling…
Corporate IT spending will pick up in the first quarter of 2010. That is the finding of a new research survey from ChangeWave. A total of 1,753 respondents involved with corporate IT spending…
Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began to make…
Updated throughout the day AOL (NYSE:AOL) is in talks to sell its ICQ operations to Russian interests. (various) Google (NASDAQ:GOOG) will launch a new handset to be sold directly to consumers by-passing cellular carriers. …
RIM’s (NASDAQ:RIMM) stock has recovered some after several weeks of selling off due to the strength of the sales of the rival Apple (NASDAQ:AAPL) iPhone. In the meantime, RIM has put together…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Patent lawsuits are nothing new in the world of technology. And the patent suit from Nokia Corp. (NYSE: NOK) against Apple Inc. (NASDAQ: AAPL) may have just taken a turn. Apple announced…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt…
Apple’s (NASDAQ:AAPL) cellular carrier for the iPhone in China, China Unicom (NYSE:CHU), said that it sold only 100,000 of the handsets in the 40 days after they went on sales. iPhoneAsia first reported…
Douglas A. McIntyre Updated throughout the day. Citigroup (NYSE:C) talks with the government about TARP payments are still pending (CNBC) The head of GM’s Buick division has left after eight days on the job. (Bloomberg)…
Branding counts. Apple (NASDAQ:AAPL) could probably do well selling tea pots. Sharper Image is still around, but its brand is so tarnished that it could not give away many of the ultra-modern…