Most manufacturing has gone out of the US. TVs, cars, steel. What is left? Boeing (BA) and a service and technology economy. Companies like McDonald’s (MCD) can’t export cooking hamburgers and staffing…
According to new research, sales of Apple (AAPL) Macs will surge as the year turns to 2008. Based on a two surveys done in November by research firm ChangeWave, 29% of potential…
According to Reuters, the Fed is set to cut rates today. Reuters writes that inflation in China hit an 11 year high at almost 7% in November. Reuters reports that global deals…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chose from the list. The measurements were based on company stock performance…
Dell’s (DELL) slightly frightening forecast about more restructuring, acquisitions, and component costs probably hurt the company to the extent of a 14% price drop today. But, the shares are still at $24.24…
Dell’s (DELL) earnings seemed OK. Revenue was up 9% to $15.6 billion. EPS rose 26% to $0.34. With a restructuring charge backed out, that was what Wall St. expected. US sales were…
McDermott (NYSE:MDR) realigned its its B&W into 4 units, mostly aspects of nuclear but it also is focusing on cleaner coal and carbon capture. Google (NASDAQ:GOOG) is going greener than green with…
Every month, 24/7 Wall St. peruses through the NYSE, AMEX, and the NASDAQ. One key area we look at of course is technology. Below is a summary of some of the key…
The price of AMD’s (AMD) shares ignored good news on PC sales from Hewlett-Packard (HPQ), the introduction of a quad-core chip, and a purchase of 8.1% of its shares by the investment…
The Wall Street Journal makes the point that the markets are starting to turn against share buy-backs. And, in the case of companies like Fannie Mae (FNM) or Freddie Mac (FRE), that…
According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes…
Much of the strength in HP’s (HPQ) earnings yesterday came from PC sales, particularly laptops. After being up on its quarterly report, HP is fairly flat at mid-day, but chip provider Intel…
Biogen Idec (BIIB) announced an alliance with Neurimmune Therapeutics to develop treatments for Alzheimer’s Disease.BJ’s Wholesale (BJ) $0.35 EPS vs $0.33 est.Blue Coat Systems (BCSI) $0.30 EPS vs $0.24 est.; sees next…
Hewlett-Packard (HPQ) earnings always hit the quarterly cycle late. Its fiscal puts it a month behind most companies, so it gets a chance to run the anchor leg of the reporting race.…
Douglas A. McIntyre According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay in business.…
