Apple’s (NASDAQ:AAPL) App store offers an extraordinarily large number of downloads–more than 85,000. The store has downloaded more than two billion piece of software. Developers are constantly creating new application in the hope of offering…
Douglas A. McIntyre This week is going to make last week’s earnings flood look like elementary school. We have the floodgates opening for technology, web, software, hardware, and IT, and 24/7 Wall Street has previewed…
We have almost an endless wave of corporate earnings for the calendar Q3-2009 coming out next week. We have what looks to be over 100 of the S&P 500 Index members reporting…
A number of media sources are reporting that Taiwan-based Acer has passed Dell (NASDAQ:DELL) to become the No. 2 PC-maker in the world. Research firm IDC reports that Hewlett-Packard (NYSE:HPQ) retained its…
Updated throughout the day. Update 10:41 AM EST: Two traders calling Dendreon Corp. (NASDAQ: DNDN) as a takeover stock, again… We are inclined to treat this as a failed Friday rumor that…
These are the top ten stocks seeing analyst upgrades, downgrades, and initiations from Wall Street early this Friday morning: Apple Inc. (NASDAQ: AAPL) was given a cautious call from Oppenheimer, noting that…
Bruce Wasserstein, the CEO of Lazard (NYSE:LAZ) and by far its most important employee, became ill over the weekend, with heart problems. He died on Wednesday. The company described his condition as serious…
Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that…
The devilishly clever engineers at Apple (NASDAQ:AAPL) have apparently discovered another way to sell songs though the iTunes store. Apple appears to be developing an FM tuner that will run on the…
Updated throughout the day. Updated 12.02 PM EST: Wal-Mart (NYSE:WMT) will have a national roll-out of its “no contract” cellular service which could put sales pressure on Sprint (NYSE:S) (Reuters) Updated 9.23…
The immediate reaction to Intel’s (NASDAQ:INTC) results, which were better than expected, is that they signalled an improvement in the PC industry. Intel provides about 70% of PC chips. The world’s largest…
Reuters: Aggressive trading in gold in China may be pushing the price of the metal up. Reuters: Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over. Reuters: The House has…
Updated throughout the day. Updated 3.14 PM EST: STIC (NASDAQ:STIC) dropping on rumors that Sun (NASDAQ:JAVA) database applications may hurt STIC sales (Barron’s) Updated 3.11 PM EST: Level 3 (NASDAQ:LVLT) is surging…
The board of director infighting may be heating up between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL). First it was Google’s Chairman Eric Schmidt leaving, or being forced out, of…
Updated throughout the day. Updated 1.39 PM EST: Charles G. Ward, III, a senior executive at Lazard (NYSE:LAZ) will be named interim CEO at the company pending the recovery of Bruce Wasserstein. (various)…