Oracle Corp. (NASDAQ: ORCL) just posted earnings. Its GAAP EPS was $0.25 but non-GAAP was $0.31 EPS on revenues of $5.3 Billion. First Call had estimates at $0.27 non-GAAP EPS on revenues…
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 Reuters, the pace of holiday spending dropped off in late November and early December. Reuters writes that Ingersoll-Rand (IR) is buying Trane (TT) for $10.1 billion. Reuters writes that chip…
This was an active week in share repurchases, and many key stocks announced new buyback plans or gave updates to their buyback plans. Below are the key buybacks 247WallSt.com reviewed: Kenexa (Nasdaq:…
According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers. Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters…
Semtech (NASDAQ:SMTC) has purchased a total of 9,836,066 shares of its common stock for an aggregate price of $169.4 million under an accelerated buyback plan; it intends to resume purchasing shares of…
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…
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…
