Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated. You’ll probably recognize many chip…
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America’s most well-known companies will have…
Texas Instruments (TXN) Bad earnings take chip company down. Falls to $23.28 from 52-week high of $38.79. AMD (AMD) Chip company may have changed CEOs but Wall St. still thinks company is…
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
According to Reuters, Roche has offered to buy-out Genentech (DNA) for $42.7 billion. Retuers reports that one of Yahoo!’s (YHOO) activist investors has called for a compromise which would put some of…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
AMD (NYSE:AMD) must have read our earnings synopsis and must have finally read enough times over and over about canning Hector Ruiz. He’s finally out, albeit not 100% of the way as…
Douglas A. McIntyre Advanced Micro Devices Inc. (NYSE: AMD) has posted earnings, or at least it has posted a lack of earnings via wide losses. The distantly second number 2 PC processor company posted earnings…
Douglas A. McIntyre Several reputable firms measure global PC sales. According to The Wall Street Journal, "Gartner Inc. said world-wide PC shipments grew 16% in the period, with U.S. shipments growing 4.2%." On the face…
In the world of global anti-trust, Intel (INTC) has become the Microsoft (MSFT) of the early 21st century. It is being chased around the desk by authorities in places are far flung…
Robert Noyce, the creator of the big idea that became Intel (INTC), died in 1990 when he was 62. He never saw the company make it to the big time, since the…
Fannie Mae (FNM) Full-blow panic that it will fail. Down to $6.68 from 52-week high of $70.57. Freddie Mac (FRE) Panic. Falls to $3.89 from 52-week high of $67.20. Lehman (LEH) Panic…
When AMD (AMD) bought graphics chip maker ATI, it thought it was getting a deal. Nothing of the sort happened. AMD ended up with over $5 billion in debt. Larger rival Intel…
AMD (AMD) Little hope that they PC and server businesses will lift revenue and the debt load looks bad in a credit crisis. Down to $4.75 from a 52-week high of $16.19.…
One of the hallmarks of a bear market is the the financially weak companies get their brains banged out. AMD (AMD) fits right in. Today it dropped to a new 52-week low…
