The results are in, and though they may be temporary, it’s now official that IBM Corp. (NYSE: IBM) has become the second largest high-tech firm in the world, passing Microsoft Corp. (NASDAQ:…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Updated throughout the day Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE GS) to erect defenses against activist investors (WSJ) Ford (NYSE: F) may add 10,000 jobs in the US (Bloomberg) Douglas…
NokiaNokia (NYSE: NOK) has let go 7,000 people since CEO Stephen Elop joined the company after a career at Microsoft (NASDAQ: MSFT). He says Nokia will cut another 3,500 jobs. The firm…
Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets.…
The Wall Street Journal reports that Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE: GS) to defend it from activist shareholders. Updated throughout the day Apple (NASDAQ: AAPL) will launch the new…
Updated throughout the day. Acer will use problems at Hewlett-Packard’s (NYSE: HPQ) PC division to add customers (Reuters) Goldman Sachs (NYSE: GS) is prepared to make deep budget and personnel cuts (NYT)…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
Just last week we noted a new study from the Gartner Group Inc. (NYSE: IT) that the iPad from Apple Inc. (NASDAQ: AAPL) looked set to dominate the tablet market until at…
Europe begins to more aggressively look for problems to its debt crisis as pressure from the rest of the world grows. (Reuters) Amazon.com’s (NASDAQ: AMZN) new tablet PC may be a serious…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Freeport-McMoRan Copper & Gold (NYSE: FCX), Hewlett-Packard Company (NYSE: HPQ), and NIKE,…
It is old news that Apple (NASDAQ: AAPL) sells more iPads by a huge margin than any rival can sell other tablet PCs. Apple is so successful that it is almost unfair.…
A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters) Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO…
The DJIA (NYSE: DIA) was trading down 500 points today before a late-day rally. More European concerns and serious slowing in China’s manufacturing data only brought on more selling. The week before…
Just in case anyone believed that Apple Inc. (NASDAQ: AAPL) was being seriously threatened by competitors to its iPad tablet, that belief can probably be put to rest for a few years.…
