According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
Apple (AAPL) posted financial results for its fiscal 2009 second quarter ended March 28, 2009. Revenue was $8.16 billion and net quarterly profit was $1.21 billion, or $1.33 per share. These results compare to…
Douglas A. McIntyre Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close of trading today, and Microsoft Corporation (NASDAQ: MSFT) is set to report earnings after the market close tomorrow. What we…
AT&T (T) earnings were within the range of Wall St. forecasts. That is not saying much. The results were modest and pushed the stock up about 3%. AT&T’s first quarter revenue totaled…
This was the week analysts stumbled over each other to raise their price targets on Apple prior to next Wednesday’s earnings report. Will this create a “sell the news” effect? Here are…
Douglas A. McIntyre It won’t be a nice day to go to work at Motorola (MOT), Samsung, or Sony Ericsson. Their larger competitor, Nokia (NOK) said it sold 19% fewer phones in the first quarter…
Dell (DELL) has done a modest amount of what it could do to keep pace with its PC competition. It recently launched a high-end laptop, the Adamo, which mimics the look of…
A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha…
The deal under which AT&T (T) is the exclusive cellular carrier with rights to sell the Apple (AAPL) iPhones in the US will expire soon. The phone company believes that the partnership is…
According to Reuters, Goldman Sachs (GS) would like to return to its old businesses and compensation practices, but it may not be able to. Reuters reports that the US is planning to…
The latest 24/7 Wall St.–The Channel Checkers survey of Apple (AAPL) stores shows that the company is holding the line on pricing and this should help earnings. Over the past week, the survey…
From The Wall Street Journal, Steve Jobs is working from home and is still involved in critical decisions at Apple (AAPL). From AllThingsDigital and to no one’s surprise, Microsoft (MSFT) and Yahoo! (YHOO)…
In addition to today’s Credit Suisse price target upgrade, there’s lots of interesting news for Apple in this pre-earnings (coming April 22) period. Here are the week’s top stories, aggregated from 24/7…
Douglas A. McIntyre Apple (AAPL) is up today, but so is almost everything else. The company is getting special attention from investors because Credit Suisse upgraded its view of the firm’s prospects for the second…
According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring. Reuters writes that US banks may still need aid. Reuters writes that Morgan Stanley’s…