According to Reuters, Societe Generale filed its financial information and confirmed its huge trading loss. Reuters writes that the sale of 3Com (COMS) has come apart because a piece of the company…
News Corp’s (NYSE: NWS) MySpace social network which has about 110 million registered users is near a deal to offer music downloads. Instead of members paying for songs, they will be advertising…
Apple (NYSE: AAPL) iPhones, perhaps hundreds of thousands of them, are finding their way into China. There they are "unlocked" so that they can work on local cellular networks. According to The…
According to Reuters, China e-commerce company Alibaba will try to participate in the decision of the potential sale of Yahoo! (YHOO) to Microsoft (MSFT) Yahoo! owns 39% of Alibaba and there are…
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public. The reason is not that he is one of the largest fund managers. But…
This week we got to see critical SEC filings showing holdings of many key and influential investors. Included in these filings were billionaire George Soros, a billionaire whom is loved by some…
Apple (NASDAQ: AAPL) traded at over $200 just before the first of the year. On a good day it now trades at $128. 24/7 Wall St. recently ran an analysis of why…
It is not enough that Nintendo, Microsoft (MSFT), and Sony (SNE) are scratching each other’s eyes out in the game console business. It looks like Apple (AAPL) wants in. Given its new…
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their…
There is too much bad news in the pipeline and no good news likely to appear over the next three months for Apple (NASDAQ: AAPL) to recover much from its current level…
Perhaps Steve Jobs has a relative as The Justice Department. The four largest music labels including Warner Music (WMG), Universal, and BMG want to band together and start a music download operation…
Douglas A. McIntyre According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
Handset users are throwing away their old phones in favor of smart phones from shops like Apple (NASDAQ: AAPL and Research-in-Motion (NASDAQ: RIMM). According to a survey by ChangeWave seventeen percent of…
Douglas A. McIntyre The founder of the Linux open source project, Linus Torvalds, said Microsoft’s (NASDAQ: MSFT) Vista operating system weak and full of bugs. But, he left his hardest criticism for Apple’s OS X…
Microsoft (MSFT) kept the Linux desktop people at bay for years. The open source operating systems wanted a piece of Redmond’s huge Windows PC franchise. The problem with Linux software is that…
