Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, shares short…
Dell (DELL) keeps entering businesses where it might have an edge over competitors IBM (IBM) and HP (HPQ). So far, it has had little success in getting out in front of its…
According to Reuters, Obama said that the recession would be halted by government efforts. Reuters reports that Treasury wants broad new powers to wind down troubled non-bank financial firms. Reuters reports that…
According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have…
Hand it to Dell (DELL), probably the worst run of the large global PC companies to have bad timing. It is launching a new line of expensive, high performance laptops. The new…
Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
Around the world, PC sales are dying. The global recession is causing consumers and businesses to defer purchases until their current machines break down. Their older computers have powerful enough processors and…
Gartner’s new research on PC sales for 2009 is out and there it nothing in it to cheer the likes of Hewlett-Packard (HPQ) or Dell (DELL). Sales of computers will drop so…
Dell’s earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise. Independent research shows PC sales falling around the world as the recession…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the close of trading today. The troubled PC giant is expected to post $0.26 EPS on $14.18 billion in revenue. There are…
Douglas A. McIntyre It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers. One of the things computers and servers have in…
Domestic car sales are down about 30%. Sales at Chrysler have been hit hardest, down 50% in the most recent two months. In a bad economy, it makes sense that consumers will…
Wall St. is estimating that Microsoft (MSFT) will make $.40 a share in the current quarter and $1.77 for its fiscal year which ends in June. The company’s CEO is sending a…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
