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…
According to Reuters, IBM (IBM) is "staking out a major new source of business helping clients like banks or retailers manage data centers on a par with Internet players such as Google…
Douglas A. McIntyre According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
IBM (IBM) said today that it was buying business intelligence company Cognos (COGN) for about $5 billion. The move takes IBM deeper into the software business and moves it away from its…
Douglas A. McIntyre The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews. Virtual Iron is the virtualization company owned in part and backed by Goldman Sachs…
PC-maker Lenovo, which bought the IBM (IBM) personal computer business, had the kind of break-out quarter that tech companies seem to be racking up with regularity now. For the three months ended…
Share in Sun Microsystems (JAVA) have been drifting. Their performance for the last three months looks like larger proxies for big tech, Hewlett Packard (HPQ), Dell (DELL), and IBM (IBM). All four…
According to Reuters, US car sales are expected to have fallen in October. Reuters writes that China has approved the trading of stock futures. Reuters reports that Google (GOOG) is in talks…
The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in…
Astoday is the 20th anniversary of the 1987 stock market crash, 24/7 WallSt. wanted to go back in time to review how the individual DJIAcomponents held up around the time and how…
IBM (NYSE:IBM) has posted earnings at $1.68 EPS on $24.1 Billion in revenues, versus First Call estimates of $1.67 EPS & $24.07 Billion in revenues; Big Blue usually holds off on formal…
Douglas A. McIntyre It used to be that banks all grouped their earnings around each other. We’ve already started seeing some of the big earnings come out, but today we have a major day from…
According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP (SAP)…
Yesterday was a bad day for chip stocks based upon Morgan Stanley’s key downgrades in the semiconductor sector. But today is a different day as many major technology companies have been initiated…
