Both Yahoo! (YHOO) and The New York Times Company (NYT) reported earnings for the first quarter and there was noticeable synchronicity between them. Yahoo!’s revenue dropped 13% to $1.58 billion and net…
When Google (GOOG) reported earnings, earnings which were extraordinary during a poor economic period, for the first quarter, the company’s chatty CEO Eric Schmidt said “Google had a good quarter given the…
Douglas A. McIntyre According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car…
Google Inc. (NASDAQ: GOOG) is out with its first quarter earnings report. The search and online ad giant posted earnings at $5.16 EPS and $4.07 billion in ex-TAC revenues. Estimates from Thomson…
Douglas A. McIntyre This afternoon’s earnings report from Google Inc. (NASDAQ: GOOG) is perhaps one of the most anticipated earnings releases so far this earnings season for Q1-2009. Google could steer almost every tech and…
According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first…
Benchmark Capital initiates coverage on Google (Nasdaq: GOOG) with a Buy rating and $430 price target. The firm said, while the recession has reduced industry growth to roughly zero and hindered Google’s…
Douglas A. McIntyre We have already seen at least one major upside surprise in earnings season for the Q1-2009 period. But we have many major companies which are expected to report earnings this week that…
According to Reuters, GM (GM) has been told by Treasury to begin work on a bankruptcy. Reuters reports that China’s growth has started to move inland from the coast. Reuters reports that…
According to Reuters, banks have been asked to keep the results of the “stress tests” of their financial conditions confidential. Reuters reports that the Fed says its current plan is to prevent…
Joe Weisenthal of The Business Insider In the eight years since Eric Schmidt got hired to run a hot private company called Google (GOOG) in 2001, the company has become one of…
Douglas A. McIntyre Google’s (GOOG) CEO Eric Schmidt told the Newspaper Association of America that all was not lost for its industry. Newspapers have a chances to create new forms of revenue, if only that…
According to Reuters, Obama must get Americans to spend now and save later to help the economy, and consumers are wary of spending. Reuters reports that the SEC will consider restricting short…
According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
The assumption is that the earnings for the first quarter from most companies in the S&P 500 will be atrocious. That can be set side-by-side with the fact that the market now…