Intel (NASDAQ:INTC) has reported earnings of $0.31 EPS and $10.1 Billion in revenues, versus First Call estimates $0.30 EPS and $9.62 Billion in revenues. It said microprocessor units set a record and…
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…
Intel (IN TC) has cut costs and beaten back a push from AMD (AMD) to take some of the larger company’s share of x86 chips in PCs and servers. AMD’s stock is…
According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation’s survey of its members shows retail sales are expected…
Below is the short interest for selected stocks traded on the Nasdaq. The figures are as of September 28 and compare to numbers as of September 14, 2007. Largest Short Positions Company …
Red Herring suggested that Sprint (S) hire telecom pioneer and Clearwire (CLWR) CEO Craig McCaw to replace exiting chief Gary Forsee. But, McCaw has a day job, so that probably won’t happen.…
Clearwire (CLWR), the WiMax IPO run by telecom legend Craig McCaw, has been up and down over the last six months. It hit $33 in July, but now trades closer to $20.…
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…
Sprint Nextel (S) CEO Gary Forsee may be lingering in his office these days. Heading outside could be dangerous. Relational Investors LLC, which owns almost 2% of Sprint’s shares, is being less…
AMD started as Underweight at Morgan Stanley.APH started as Buy at B of A.ARW started as Neutral at B of A.AVGN started as Neutral at Credit Suisse.AVT started as Neutral at B…
According to Reuters, Verizon (VZ) is launching three new phones for the holidays, One will compete directly with the Apple (AAPL) iPhone. Reuters writes that Microsoft (MSFT) is releasing a new version…
Research firm AmTech has downgraded shares of AMD (AMD) over concerns of late introduction of its new Barcelona chips and poor uptake. The report indicated that Q3 and next year will be…
According to Reuters, Goldman Sachs (GS) offered $1.5 billion for reinsurance broker Benfield Reuters writes that Alan Greenspan thinks the chance of a US recession is still below 50/50. Reuters reports that…
The head of Intel (INTC) says that its is gaining back market share from AMD. As if the smaller company has much share left to give. According to Reuters, Intel’s chairman said…
According to the Financial Times, Google (GOOG) plans to expand its global staff by one-third over the next couple of years. Most of the new people will be added in Europe. Europe…
