The European Commission forecast a growth rate of 0.5% for the eurozone as recently as late last year. Now, it expects a contraction of 0.3%. That means a second recession in four years.…
A panel suggests that Vivus diet drug Qnexa be approved by the FDA. (Reuters) Japan may cut crude oil imports from Iran by 20%. (Reuters) Poor results cause shares of Hewlett-Packard (NYSE: HPQ)…
Hewlett-Packard Co. (NYSE: HPQ) is out with its quarterly earnings report and earnings were $0.92 EPS on $30 billion in sales. Thomson Reuters had estimates of $0.87 EPS on $30.71 billion in…
Jon C. Ogg Hewlett-Packard Co. (NYSE: HPQ) is set to report earnings after the close of trading on Wednesday. After the disappointing report from Dell Inc. (NASDAQ: DELL), the bar may have even ratcheted a…
This week is still slated to be busy for earnings reports. We have compiled earnings previews for the following stocks reporting Wednesday: Analog Devices Inc. (NYSE: ADI); Angie’s List Inc. (NASDAQ: ANGI);…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the closing bell, and investors will paying close attention for any clues on how the report sums up Hewlett-Packard Co. (NYSE: HPQ)…
Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
General Motors (NYSE: GM) will target a 10% profit margin over the next several years. (Reuters) Glencore offers an 8% deal to close a buyout of Xstrata. (Reuters) HTC has trouble demonstrating that…
Dell’s (NASDAQ: DELL) best days are behind it. The same is true for Lenovo, Acer, and the PC division of HP (NYSE: HPQ). Research firm Canalys reports that smartphone sales passed PC sales in…
Hewlett-Packard Co. (NYSE: HPQ) has issued a voluntary recall of more than 1 million fax machines. The recall pertains to some 928,000 HP fax 1040 and 1050 machines in the United States…
Jon C. Ogg Avon’s (NYSE: AVP) vice chairman, Charles Cramb, was fired as the federal government examines whether the company violated the Foreign Corrupt Practices Act. He may have known about bribes Avon made outside the…
Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) Twenty-five nations,…
It is very well known that just about every single analyst out there loves Apple Inc. (NASDAQ: AAPL). After it is all said and done, what is not to like? The company has moved…
Apple’s (NASDAQ: AAPL) extraordinary earnings and the size of its iPhone sales helped move its market cap well above $400 billion. The press constantly reminds readers that this is greater than any…
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close of trading on Tuesday and this is being watched perhaps more than any of the other companies out there as…
