courtesy of IBMChinese computer firm Lenovo will not buy the troubled server division of International Business Machines Corp. (NYSE: IBM). The unit is considered one of IBM’s worst performers. The U.S. firm…
Douglas A. McIntyre ThinkstockDisappointing Eurozone PMI The Markit Eurozone Manufacturing PMI report did not have a single good thing in it. Not only did the region’s activity contract, it also contracted in most of the eurozone’s…
courtesy of Facebook Inc.Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters) Glencore continues to push to buy Xstrata. (Reuters) Facebook Inc.’s (NASDAQ: FB) mobile business shoots…
Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts,…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) finally has delivered what we have waited for, although we still think more needs to be done here. Big Blue has just announced that…
This week should mark the climax of first quarter corporate earnings season. It will be a full week for the earnings calendar, along with key economic events and some corporate annual meetings to…
Jon OggStocks have enjoyed a serious bull market, and we still have the S&P 500 Index and the Dow Jones Industrial Average both up by double digits so far in 2013. As…
U.S. equity markets opened mixed this morning as the DJIA was slammed by a number of weak earnings reports both last night and before markets opened this morning. The was no economic…
Jon OggThe bull market had no economic announcements to propel stocks on Friday. Most earnings reports in the past 48 hours from Dow Jones Industrial Average companies have been lackluster, but investors…
courtesy of IBMInternational Business Machine Corp. (NYSE: IBM) has lost the capacity for revenue growth. The troubling trend began a long time ago. Its recent earnings confirmed that the huge tech firm…
ThinkstockBlackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters) Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters) Google Inc. (NASDAQ: GOOG)…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) reported its corporate earnings for its first quarter. The report came to $3.00 in operating earnings per share and $23.4 billion in revenue. Thomson…
Jon C. Ogg U.S. equity markets opened slightly higher this morning following the report on U.S. jobless numbers (more coverage here). In Europe, the only data out today showed that U.K. retail sales fell 0.7%,…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) is set to report earnings this Thursday, and we have Big Blue as one of our top DJIA expected dividend hikes for the month…
courtesy of DellA drop in first-quarter PC sales reported by research firm IDC was blamed, to some extent, on the public’s rejection of Microsoft Corp.’s (NASDAQ: MSFT) Windows 8. The rise of…
