Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
24/7 Wall St. interviewed Ivan G. Seidenberg, the Chairman and CEO of Verizon (VZ), recently. The conversation covered Verizon’s major plans, the global telecom markets, and the effects of the recession. This is…
\ eBay (EBAY) shares are trading down about 2% at $23.96 on news that a company owned by Skype’s founders has filed a filed a copyright suit against the VoIP company, according…
eBay (EBAY) shares are trading down about 2% at $23.96 on news that a company owned by Skype’s founders has filed a filed a copyright suit against the VoIP company, according to…
Blockbuster Inc. (NYSE: BBI) is dying if you read today’s headlines. Word from most media outlets today is that Blockbuster may close some 960 stores. Ouch. That sounds as though there will…
Reuters: GM has made its decision on Opel and will announce it today. Reuters: Foreign car makers are having trouble with the affluent market in China Reuters: Steve Jobs made a presentation at…
Google’s (GOOG) YouTube may finally come up with a way to raise revenue. It streamed nine billion videos last month, but, by some estimates loses $300 million a year. The quality of…
eBay (EBAY), which had planned offer shares in its VoIP business Skype though an IPO, has sold it to private equity interests instead. Netscape co-founder Marc Andreessen, Index Ventures, and Silver Lake…
Shares of Vonage (VG) decreased from their peak price of the day yesterday as investors raised concerns about the company’s rapid stock valuation increase. Vonage traded as high as $2.63 before closing…
Shares of Vonage (VG) decreased from their peak price of the day yesterday as investors raised concerns about the company’s rapid stock valuation increase. Vonage traded as high as $2.63 before closing…
These are ten of the top pre-market analyst upgrades, downgrades, and initiation calls we have seen from Wall Street early this Wednesday morning with close to two hours until the market opens:…
American internet speeds are slow, very slow by international standards. That may be one of the reasons that the $787 billion economic stimulus package has a large financial commitment to building broadband…
Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has shown its Q2-2009 holdings as of June 30, 2009. There are some portfolio changes that have been seen here from the end of Q1 and we…
Reuters: The US may give CIT (CIT) short term loans. Reuters: Intel (INTC) issued a positive forecast and indicated that the PC market may be improving. Reuters: The US CPI was up…
Cellular providers including Sprint (S), AT&T (T), and Verizon Wireless (VZ)(VOD) have had the broadband wireless market all to themselves. WiFi offered some modest competition, but its service only works within a…
