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…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
Hewlett-Packard Co. (NYSE: HPQ) reported adjusted third-fiscal quarter EPS of $1.00 on $29.7 billion in sales after markets closed today. In the same period a year ago, the high-tech giant reported EPS…
Paul Ausick The three major US stock indexes opened lower this morning after Japan reported an unexpected plunge in its exports in July (our coverage here). In Europe there was not economic news out…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the close of trading on Tuesday and the stock has a lot of room for improvement. Despite issuing a very honorable starting…
While most earnings have already been announced, we have a significant number of sector leaders reporting earnings this week. We have taken the Thomson Reuters consensus earnings per share and revenue estimates…
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
Taiwanese personal computer maker Acer Inc. said it swung to a net profit in the second quarter, despite weak demand and stiff competition from tablet makers such as Apple Inc. (NASDAQ: AAPL).…
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop…
Lenovo continues to beat Hewlett-Packard Co. (NYSE: HPQ) and Dell Inc. (NASDAQ: DELL) at what used to be their own game. The China-based company has not only gained market share, it has…
It was just last week that Bank of America/Merrill Lynch said it was reaffirming the Hewlett-Packard Co. (NYSE: HPQ) was looking good and reiterated its Buy rating after its new higher guidance…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allscripts Healthcare Solutions (NASDAQ: MDRX) raised to Overweight at JPMorgan. American Electric…
Everyone loves a good turnaround story, particularly in down-and-out technology stocks. The problem is that many turnarounds can never turn around. Computer Sciences Corp. (NYSE: CSC) was touted over and over as…
News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money laundering, portraying…
