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…
Advanced Micro Devices Inc. (NYSE: AMD) today announced availability of a new version of its A-Series Accelerated Processing Units and the company’s stock responded by hitting a new 52-week low of $3.17.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) cut to Hold at Jefferies. ArcelorMittal (NYSE: MT) cut…
People would rather watch Internet-delivered content on their TVs than on their PC screens. That makes sense. With larger screens and new display technology, the HDTV offers a better viewing experience at…
Hewlett-Packard Co. (NYSE: HPQ) is in trouble. While the turnaround is still not yet in the seventh inning, Meg Whitman’s work is difficult and will only be that much more challenging ahead.…
It was big news when International Business Machine Corp. (NYSE: IBM) first reported that Virginia Rometty would take over as chief executive officer. It was not just that CEO Sam Palmisano was a…
Meg Whitman’s plans to revive Hewlett-Packard Co. (NYSE: HPQ) have become audacious. Various media report that she believes a more attractively designed family of PCs will bring back customers who have deserted…
Record iPhone 5 Preorders AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is sold out. The…
A government investigation into J.P. Morgan Chase & Co. (NYSE: JPM) focuses on whether its monitoring of illicit money transactions was adequate. (Reuters) The U.S. will initiate a case at the WTO against…
Shipments of dynamic random-access memory (DRAM) chips to the PC industry have fallen below 50% for the first time since the 1980s according to new data from IHS iSuppli released today. In…
The markets’ broad rally has left some sectors behind, most notably the PC and PC-related hardware companies. The death of the platform, which has become broadly accepted by Wall St., has not been…
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…
