A Relentless Day For Bad News: Hewlett-Packard (HPQ) To Cut 25,000
After a savage day in which one Wall St. firm closed and another was sold, perhaps there might have been an evening’s respite. Lehman (LEH) has more than 25,000 employees, 20,000 of…
After a savage day in which one Wall St. firm closed and another was sold, perhaps there might have been an evening’s respite. Lehman (LEH) has more than 25,000 employees, 20,000 of…
This morning is looking actually a bit dull in analyst coverage, but there are some key analyst calls that are affecting shares. These are the upgrades or positive analyst calls we are…
The good thing about the Apple (AAPL) iPod is that the company has sold 160 million of them. That is the bad thing about the device as well. Apple ships about 10…
Poor Michael Dell, CEO of Dell (DELL), only made $2.3 million last year. Of course, he is a billionaire and owns over 227 million shares in the company he runs. His shareholders…
Dell Inc. (NASDAQ: DELL) reports earnings after the close today and we’ll get to see if the solid numbers from rival Hewlett-Packard (NYSE: HPQ) are being seen at Dell during their turnaround…
According to Reuters, the FDIC may have to borrow money from Treasury to see it though a wave of bank failures. Reuters reports that Lehman (LEH) has asked three investment firms to…
This week may be lightly attended by traders and investors, but Dell Inc. (NASDAQ: DELL) is set to report earnings on Thursday, August 28, 2008 after the close. We’ll get to see…
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae…
Somehow the people who run Southeastern Asset Management got it into their heads that Sun Microsystems (JAVA) is a good investment. Southeastern now owns $1 billion of Sun stock. According to the…
CEOs at troubled companies often set their salaries at $1 a year. Lee Iaccoca did it at Chrysler and Steve Jobs did the same at Apple (AAPL). The gesture allows the poor…
Hewlett-Packard’s (HPQ) last quarter was hailed as a testament to superior management and intelligent diversification. Much of the growth came from overseas, but that is supposed to be a hallmark of the…
According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will drop some of…
Hewlett-Packard Co. (NYSE: HPQ) posted earnings of $0.86 EPS and $28 Billion revenues after today’s close. First Call had estimates at $0.83 EPS on $27.41 Billion in revenues. As far as guidance…
Traders and investors alike are braced for the long awaited earnings out of Hewlett-Packard Co. (NYSE: HPQ) after today’s close. First Call has estimates at $0.83 EPS on $27.41 Billion in revenues. …
AMD (AMD) shareholders have on their rally caps. The shares are up 9% to $5.77. PC sales growth for the last quarter was better than expected. MarketWatch writes, Worldwide shipments grew 3.1%…