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 future…
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 most banks…
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 The CEO of Intel (INTC) is not sure that the government stimulus package will do him or his industry any good. According to Reuters, the firm’s CEO Craig Barrett said stimulus packages…
New product launches are always tricky events. This is definitely the case with new chips and new processors for computing. Intel Corp. (NASDAQ: INTC) did confirm its new chipset offering for processors…
Intel (INTC) has been trying to get rid of its smaller competitor, AMD (AMD), for years. It may have even gone too far according to antitrust regulators in Europe.But, now Intel has…
According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system.Reuters reports that Lehman will put two of its banking…
Moody’s has come out with a list of 283 companies that are at great risk of defaulting on their debt. The Wall Street Journal got a copy of the list so each…
According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget.Reuters reports that a Senate panel will question Swiss banking’s secrecy policy.Reuters reports that foreclosures drove up…
Spansion Inc. (NASDAQ: SPSN) is toast. At least that is the case for shareholders. The maker and designer of flash memory chips has filed for Chapter 11 bankruptcy protection. Spansion was not…
Douglas A. McIntyre Billionaire and activist investor Carl Icahn has made some large changes to his portfolio holdings. He and Icahn Capital, L.P. have not been immune to the market sell-off as you have seen…
According to Reuters, Congress and The White House are working on the final stimulus package.Reuters reports that Wall St CEOs will defend their use of bailout money before Congress.Reuters reports that the…
Advanced Micro Devices Inc. (NYSE: AMD) may end up getting stuck with its manufacturing operations. Its plan to become “fab-lite” has been delayed because it did not win enough shareholder support.