Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
Amazon.com’s (NASDAQ: AMZN) Jeff Bezos has gambled on his company’s long-term prospects before. He did so again last quarter, and it cost his shareholders, at least for a while.Bezos has run Amazon…
A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters)IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters)Amazon.com (NASDAQ: AMZN) earnings fail…
Amazon.com Inc. (NASDAQ: AMZN) has turned in earnings for its third quarter, and we will be paying extra attention to its fourth quarter. The seller of everything online reported earnings of $0.14…
Jon C. Ogg Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading on Tuesday. What makes Amazon so different from many peers in technology, internet and virtual companies is that…
Yahoo! Finance: UPS reports higher profit, affirms outlookWSJ: 3M Profit Slips, Cuts Year ViewCNNMoney: Netflix stock sinks 35% as subscribers flee http://cnnmon.ie/vMQnaP $NFLXWSJ: Vital Signs: Gasoline Still PriceyBloomberg: Amazon profit may halve…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters)Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters)Nearly 35% of News Corp. (NYSE: NWS)…
The 2011 holiday season is very likely going to be a tale of two classes. For the well-off — those with discretionary incomes above $250,000 — spending is expected to increaseby about…
Six American cities are among the most innovative in the world, according to a report published Monday by 2ThinkNow, an innovation research firm. The US has the most cities considered top-tier innovators.The report…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters)Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250 million…
Streaming video provider Hulu LLC has been taken off the auction block by owners News Corp. (NYSE: NWS), Walt Disney Co. (NYSE: DIS), Comcast Corp. (NASDAQ: CMCSA), among others. Rumored potential buyers…
The management team at Netflix Inc. (NASDAQ: NFLX) apparently spent the weekend trying to come up with a way to back down from the company’s recent announcement that it would split its…
Several analysts who track consumer electronics sales say that sales of the Amazon.com (NASDAQ: AMZN) Kindle Fire are already into the hundreds of thousands. The 7-inch tablet may not be the flagship…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.Alcoa, Inc. (NYSE: AA) Cut to Hold at Deutsche Bank. Amazon.com…
Jon OggThis last week was a bad end to a bad quarter and the research calls were very mixed. We went through the numerous upgrades and downgrades to identify which calls were…
