EU Bank Supervision Coming The Europeans finally have agreed on something. There will be one bank supervisor for the region as early as next year. While the decision may be a step…
Advanced Micro Devices Inc. (NYSE: AMD), one of the weakest companies in the PC supply chain, just laid off 15% of its workers. That is about 1,800 people. The slow attrition of…
The European Union summit helps to lower bond yields for Spain and Italy. (Reuters) Google Inc.’s (NASDAQ: GOOG) shares drop badly after releases earnings early and it misses numbers. (Reuters) Microsoft Corp.…
Microsoft Corp. (NASDAQ: MSFT) reported fiscal 2013 first-quarter results after markets closed today. For the quarter, the world’s largest software company posted diluted earnings per share (EPS) of $0.53 on adjusted revenues…
Paul Ausick The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly GDP growth…
Nokia Corp. (NYSE: NOK) reported third quarter results before markets opened this morning. The mobile handset maker posted a net loss of €0.07 (about $0.09) per share on revenues of €7.2 billion…
The tablet wars will continue to heat up if rumors are right that Google Inc. (NASDAQ: GOOG) will release a $99 machine. Although it may not be as feature rich as current…
Apple vs. Samsung The intellectual property lawsuits between Apple Inc. (NASDAQ: AAPL) and Samsung continue to go back and forth. The latest court decision hurts Apple. A U.K. court said that the…
Most consumers still love Apple Inc. (NASDAQ: AAPL) and its growing list of products. The iPad seems to have created a new computing market that was technically not even a market before.…
In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That…
Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters) Intel Corp.’s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters) A fight…
The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower…
Microsoft Corp. (NASDAQ: MSFT) announced this morning that its new Surface tablets would be available for a “special limited-quantity pre-order” today at 9 a.m. Pacific Time. Three versions of the tablet are…
Microsoft Corp. (NASDAQ: MSFT) needs to build and sell its Surface tablet to “hedge against a declining PC market,” a reporter from ZDNet writes. The problem is that even if the Surface…
Strait of Hormuz Fears There continue to be rumors that Iran will dump oil into the Strait of Hormuz to block the shipping lane that is so critical to the movement of crude.…
