The Worst Business Decisions of All Time
In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That…
In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That…
Microsoft Corp. (NASDAQ: MSFT) needs to build and sell its Surface tablet to “hedge against a declining PC market,” a reporter from ZDNet writes. The problem is that even if the Surface…
Strait of Hormuz Fears There continue to be rumors that Iran will dump oil into the Strait of Hormuz to block the shipping lane that is so critical to the movement of crude.…
Advanced Micro Devices Inc. (NYSE: AMD) is trading slightly higher on reports that the troubled chip and processor outfit is likely to announce workforce reductions of up to 30% in the very…
Once again, Coca-Cola was ranked the most valuable brand in the world, according to Interbrand, one of the nation’s top global brands experts. Apple, to the surprise of none, was very close…
The three major U.S. stock indexes opened higher this morning following the Department of Labor’s report that headline unemployment in the U.S. fell to 7.8%, the lowest reading since January 2009 (more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Applied Materials Inc. (NASDAQ: AMAT) maintained Buy with $16 target after layoffs…
Apparently, another Sony Corp. (NYSE: SNE) product launch has been undermined due to another broken Sony product. Several media report that the Xperia Tablet S has a flaw. There is a space between…
Hewlett-Packard Co. (NYSE: HPQ) has turned into nothing short of a disaster. This is not a value stock even at 4-times earnings. H-P has become a value trap. As this is a…
There is an emerging body of opinion that if the Hewlett-Packard Co. (NYSE: HPQ) board had not fired former CEO Mark Hurd then the company would have avoided the operational problems that have…
China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo. (Reuters) The head…
Today was just not a good day for the turnaround at Hewlett-Packard. Meg Whitman's new line is that the turnaround will not be fully realized for two years, and the company did…
The three major U.S. stock indexes opened slightly higher this morning following a refusal by Spain’s prime minister to seek an immediate bailout and low readings on eurozone PMI (more coverage here).…
Meg Whitman’s tenure at Hewlett-Packard Co. (NYSE: HPQ) is coming under more fire, whether it is too soon or deserved or not… At the analyst meeting today, H-P is lowering some expectations…
The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services…