According to Reuters, the FBI is probing IndyMac (IMB) for possible fraud. Reuters reports that Ebay’s (EBAY) outlook knocked its shares down. Reuteres writes that Merrill Lynch (MER) will sell its Bloomberg…
Sony (SNE) will add the ability to download and play movies as the latest service for its PS3 video console product. Several companies like Amazon (AMZN) and Apple (AAPL) began offering similar…
According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM). Reuters writes that Google (GOOG) thinks that an independent Yahoo! (YHOO) would be better for the…
Shares of Amazon.com (NASDAQ: AMZN) are trading lower in after-hours trading. The company hasn’t issued any new news, but the problem is that United Parcel Service (NYSE: UPS) gave an earnings warning. …
Nokia (NOK) will join the scores of consumer electronics companies which have lost billions of dollars on the Hollywood walk of fame. It is not enough that Nokia has 40% of the…
Standard & Poor’s Ratings Services has raised its corporate credit rating on Amazon.com (NASDAQ: AMZN) to ‘BB+’ from ‘BB’. While this is still junk status, it is now just a notch under…
Douglas A. McIntyre Barnes & Noble (BKS), the No.1 bricks and mortar bookseller, is looking at a buy-out of No.2 player Borders (BGP). Neither company has done especially well as readers have turned to Amazon…
Douglas A. McIntyre In many homes, the TV is topped by a cable box, a DVR, a satellite box, a PC, a Slingbox, and an Unbox from Amazon (AMZN). Netflix (NFLX) thinks that television can…
Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
For Amazon (AMZN) the performance can never be good enough. The firm posted a net sales increased 37% to $4.13 billion in the first quarter. Net income increased 30% to $143 million…
Douglas A. McIntyre According to Reuters, Yahoo! (YHOO) earnings met expectations. Microsoft (MSFT) indicated it would not raise its bid. Reuters writes that the price of corn and rice moved up sharply. Reuters reports that…
This is going to be an extremely busy week for earnings in all industries, but tech investors will have a foursome that they will be watching ever so closely. These four are …
One topic we cover at 247WallSt.com with regularity is share buybacks from major companies. While we are starting to see a slower pace in fresh buyback announcements compared to 2006 and 2007,…
With all of the carnage in the financial sector it would be hard to believe that any other group of stocks could have done worse. The technology sector claims that, for the…
The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
