It would be hard to miss the headline that Alcoa (AA) fired 15,000 people yesterday. The actions of big companies are probably a much better indicator for what is ahead for the…
According the Reuters, December domestic cars sales were the worst month in years. Reuters writes that Toyota (TM) will cut plants. Reuters reports that Apple’s (AAPL) Jobs tried to calm investors about…
According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM…
Today 24/7 Wall St.named its annual CEO of the Year James A. Skinner of McDonald’s (MCD). He was picked from a field of ten executives which we profiled over the last ten…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
IBM (IBM) has decided to be the next company to pile onto Microsoft (MSFT), which has already been beaten like a red-headed step child for bringing out Vista, a flawed bit of…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
Hewlett-Packard Company (NYSE: HPQ) is trying to save technology stocks this morning all on its own. Or that is how it seems with its guidance. The company issued preliminary guidance for its…
IBM (NYSE: IBM) is going into a new initiative, which is actually an old initiative which had been thought of as dead on arrival: Broadband Over Power Lines. Big Blue is partnering…
Douglas A. McIntyre According to Reuters, Chrysler is running out of time and options for staying in business. Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund. Reuters writes…
IBM (IBM) will pay about $4 billion in taxes this year. Procter & Gamble (PG) will pay closer to $6 billion. If GM (GM) is losing $1 billion a month, the income…
With earnings from the top two PC giants roughly two weeks away, we have many about what lies ahead for the tech sector. Dell Inc. (NASDAQ: DELL) reports earnings on November 20,…
Hewlett-Packard Co. (NYSE: HPQ) has just joined the list of stocks which hit new 52-week lows, but it gets worse. These were actually the lowest levels seen since late in 2006. This…
According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving into a deep recession. Reuters writes that Google (GOOG) exceeded forecasts and…
IBM (IBM) had already told the market that it had done remarkably well in Q3. The company confirmed that today. IBM announced third-quarter 2008 earnings of $2.05 per share from continuing operations…
Douglas A. McIntyre