Reuters: Global consumer confidence is improving. Reuters: GM (GM) filed for Chapter 11 and expects a quick exit. Reuters: Most US retailers probably had sales drop in May. Reuters: China gave Geithner…
It may be worth noting in passing that the comments of Dell’s (DELL) CFO during the company’s earnings call are bad news for any supplier of PC components and software. Brian Gladden…
A drop in server sales is bad news for companies that build them including HP (HPQ), IBM (IBM), and Dell (DELL) and the firms that supply chips–AMD (AMD) and Intel (INTC). But,…
Tessera Technologies, Inc. (NASDAQ: TSRA) is not one of the most common names in the land of chip stocks, but that may be about to change as it won a patent fight…
Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public…
Reuters: Twitter will release business tools in an attempt to make money. Reuters: A GM (GM) bankruptcy is seen as nearly inevitable. Reuters: American Express (AXP) will cut 4,000 jobs. Reuters: Obama…
The EU finally fined Intel (INTC) for anti-competitive behavior and the amount of the fine was staggering–$1.44 billion. Intel has been accused of using pricing and special rebates to undermine the sales…
Intel Corp. (NASDAQ: INTC) had already given the indications that the tech market was bottoming out. At today’s investor meeting, CEO Paul Otellini, said hat he believes conditions seem to be improving…
The Financial Times is reporting that EU antitrust authorities are preparing to levy a huge fine against the world’s largest chip company, Intel (INTC). The paper writes that “Some lawyers suggest that…
Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that…
From 24/7 Wall St. partner Apple Investor News: Aside from the iPhone-Verizon rumor and iPhone apps passing the one billion mark, there were some interesting headlines this week that speak to Apple’s…
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the…
Intel (INTC) sees a bottom to the falling demand for PCs. Smaller competitor AMD (AMD) does not. During the Intel earnings conference call, the company’s CEO said that PC sales had leveled…
According to Reuters, Yahoo!’s (YHOO) profit dropped 80% and it will cut 5% of staff. Reuters reports that Chrysler bondholders offered to swap some debt for equity. Reuters reports that Geithner says…
Advanced Micro Devices Inc. (NYSE: AMD) has posted non-GAAP earnings of -$0.66 EPS (including -$0.04 impact) on revenues of $1.177 billion, flat sequentially and down some 21% year over year. Estimates were…
Douglas A. McIntyre 