What’s Important in the Financial World (9/14/2012)
EU Finance Ministers Meet The financial ministers of the euro area will meet over the next two days. There is a very wide range of topics that they might discuss. The gathering should begin…
EU Finance Ministers Meet The financial ministers of the euro area will meet over the next two days. There is a very wide range of topics that they might discuss. The gathering should begin…
Hewlett-Packard Co. (NYSE: HPQ) will lay off 29,000 people instead of the 26,000 it originally announced as it struggles to improve performance. Royal Philips Electronics N.V. will cut the 2,200 jobs it…
George Soros says Germany should back the European Union or leave it. (Reuters) The new Apple Inc. (NASDAQ: AAPL) iPhone could boast fourth-quarter gross domestic product by 0.5%, according to a J.P. Morgan Chase…
Research firm IDC has named the top PC makers for the second quarter of 2012. The top 5 global makers are: Hewlett-Packard Co. (NYSE: HPQ), 13.4 million units shipped, 15.5% market share…
Debate over how many jobs the United States loses to China has gone on for years. Today, China is one of the two largest manufacturing economies in the world. The other is…
One thing that can be said about the high-tech marketplace is that it does not lack ideas. But it is sometimes difficult to sort out the good ones from the bad ones.…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall St. research calls this Tuesday morning. AK Steel Holding Corp. (NYSE: AKS) cut to Sell…
All you had to do was review the recent earnings reports from Dell Inc. (NASDAQ: DELL) and Hewlett-Packard Co. (NYSE: HPQ) and you knew that a PC slowdown was still underway. Unfortunately, the…
The short interest in the stocks with the largest positions as of August 15: Bank of America Corp. (NYSE: BAC) down 2% to 220 million shares. Nokia Corp. (NYSE: NOK) up…
The bad news about PC sales, particularly at Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) was bound to be bad news for chip markets Intel (NASDAQ: INTC) and AMD (NYSE: AMD). The…
While most of the 30 stocks on the Dow Jones Industrial closed in the red yesterday, Kraft Foods Inc. (NASDAQ: KFT) and Pfizer (NYSE: PFE) bucked that trend. Kraft climbed 0.71%, according…
The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower…
Stocks are down Thursday following the news that initial jobless claims rose to 372,000 last week. The Dow Jones is down 0.61%, the Nasdaq is down 0.66% and the S&P 500 is…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at Credit Suisse.…
Sony Corp. (NYSE: SNE) called the firing of 1,000 people at its mobile phone business part of a grand plan. Kunimasa Suzuki, the president of Sony Mobile, said: We are accelerating the integration…