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…
These are the top analyst upgrades and positive calls we have seen from Wall Street this Wednesday morning: Big Lots (BIG) Raised to Overweight at JPMorgan. Capital One (COF) Raised to Buy…
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…
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…
These are some of the top early bird analyst upgrades seen from Wall Street analysts this Thursday morning: Chesapeake (CHK) Raised to Outperform at Bernstein. Comcast (CMCSA) Raised to Buy at Collins…
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…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
Hewlett-Packard Company (NYSE: HPQ) posted earnings of $0.93 EPS and $28.8 billion in revenue. Thomson Reuters (First Call) estimates were $0.93 EPS and $31.93 billion in revenue. While this is technically a…
Douglas A. McIntyre According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
A look at the companies which announced layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such as Microsoft…
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…
PCs are so well-made now that they do not have to be replaced until they break. The processors put in computers made two years ago are still powerful enough for most consumer…
