According to Reuters, Congress and The White House are working on the final stimulus package. Reuters reports that Wall St CEOs will defend their use of bailout money before Congress. Reuters reports…
Advanced Micro Devices Inc. (NYSE: AMD) may end up getting stuck with its manufacturing operations. Its plan to become “fab-lite” has been delayed because it did not win enough shareholder support.
Intel Corporation (NASDAQ: INTC) is making a huge gamble on high- paying jobs and manufacturing. It isn’t cuts. Intel plans expansions for the inevitable recovery ahead. $7 billion worth.
PCs are so well-made now that they do not have to be replaced until they break. The processors put in computers made two years ago are still powerful enough for most consumer…
Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people…
There is a new trend that has emerged in this earnings season that will have an impact in 2009 and maybe beyond: a lack of earnings and/or revenue guidance. This unravels roughly…
Many PC analysts thought that the "netbook" would be a toy. Sitting someplace between regular laptops and smartphones, the little PCs would not have the processing power and screen sizes to be…
According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes that Sony (SNE) warned…
According to Reuters, Bank of America will get a huge financial aid package from the government. Reuters reports that Congress is advancing legislation to release the balance of the TARP funding. Reuters…
Intel Corporation (NASDAQ: INTC) just posted earnings of $0.04 in non-GAAP EPS and $8.23 billion inrevenue. Thomson Reuters (First Call) had estimates at $0.04 non-GAAPEPS and $8.21 billion in revenue. The company…
Douglas A. McIntyre Intel Corporation (NASDAQ: INTC) is set to report earnings right after the close. The company has already said the quarter would be atrocious. More than once. But there are some things which…
Douglas A. McIntyre From time to time, the editors at 24/7 Wall St. will look at which companies may file for Chapter 11 bankruptcy protection over the next year. The analysis involves looking at SEC…
Yahoo! Inc. (NASDAQ: YHOO) has now confirmed reports that the former head of Autodesk (NASDAQ: ADSK) Carol Bartz will become CEO of the troubled search and online media company. But this is…
For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of tech, financials, or industrial shares. What they did do was take impressively…
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers. Reuters reports that Obama will lay out his case for stimulus package in a speech. Reuters…
