A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters) IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters) Amazon.com (NASDAQ: AMZN)…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
Today was a day of red that went to a day of green. Earnings were at first a disappointment, and producer price index came out far hotter at +0.8% on the headline…
China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of inflation. (Reuters) IBM…
International Business Machines Corporation (NYSE: IBM) has now reported its third quarter earnings report at $3.28 EPS and $26.2 billion in sales. Thomson Reuters was looking for $3.22 EPS and $26.25 billion…
Jon OggEarnings season is upon us and so far things are shaping up either a bit better, or less-bad, than what the news reports and headlines might have led investors to believe.…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Baker Hughes Inc. (NYSE: BHI) Cut to Market Perform at…
India’s Infosys Technologies Ltd. (NASDAQ: INFY) reported second-quarter earnings today, and EPS came in more than 10% higher than in the same period a year ago. The company also lowered its full-year…
There are news reports that Hewlett-Packard (NYSE: HPQ) may not spin off its large PC business. The business is a financial drag on the company’s prospects. HP will be hurt if a…
A drop in price often brings up the “takeover chatter” from blogs, analysts, and news reports. We have seen this discussed recently in Netflix, Inc. (NASDAQ: NFLX) where analysts and pundits talk about the…
The results are in, and though they may be temporary, it’s now official that IBM Corp. (NYSE: IBM) has become the second largest high-tech firm in the world, passing Microsoft Corp. (NASDAQ:…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
The DJIA (NYSE: DIA) was trading down 500 points today before a late-day rally. More European concerns and serious slowing in China’s manufacturing data only brought on more selling. The week before…
Leo Apotheker may have one of the shortest CEO jobs in technology history. There are rumors that the board of Hewlett-Packard Co. (NYSE: HPQ) is already considering replacing Apotheker. The move to…
Oracle Corporation (NASDAQ: ORCL) is set to report earnings after the close of trading Tuesday and investors are likely to be paying close attention to the body language offered up in the…
