National Employee Morale Day: Nokia Cuts 4,000
NokiaNew Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new chief executive…
NokiaNew Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new chief executive…
Johnson & Johnson (NYSE: JNJ) will buy Synthes for $21.9 billion (Reuters) S&P cut the Japan sovereign rating outlook because of the earthquake (Reuters) The Sony (NYSE: SNE) Playstation network was hacked…
Odd, that Microsoft (NASDAQ: MSFT) should announce that it had sold 350 million copies of Windows 7 just as Amazon’s (NASDAQ: AMZN) cloud computing service collapsed and left clients’ website and download…
There are at least two ways to look at the cash pay raises that Microsoft (NASDAQ: MSFT) will give employees. One is that it is a way to retain talent. Another is that…
Samsung filed patent lawsuits against Apple (NASDAQ: AAPL) over smartphone technology (Reuters) The Japanese government will release $50 billion to cover initial costs of the earthquake (Reuters) The Administration will create a…
Yahoo.comYahoo! (NASDAQ: YHOO) revenue excluding traffic acquisition costs fell 6% in the first quarter to $1.13 billion. Net earnings dropped 28% to $223 million. Both numbers cheered Wall St. because they were…
Yahoo! Inc. (NASDAQ: YHOO) is due with earnings after the close. For starters, remember that Yahoo! and Google both have to be counted as ex-TAC revenues that backs out the traffic acquisition…
Poor trading results are likely to hurt Goldman Sachs Group (NYSE: GS) earnings (Reuters) Japan’s government, which owns billions in US papers, stated it had confidence in the value and future of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Alcatel-Lucent (NYSE: ALU) Maintained Underperform at Credit Suisse. Campbell Soup Co.…
John Chambers , CEO of Cisco (NASDAQ: CSCO), may have made good decisions several years ago to enter several consumer-facing technology ventures. Now his company is suffering from the fact that most…
NokiaNokia (NYSE: NOK) launched two new smartphones based on the aged Symbian operating system. Symbian has been rejected by the developer market to the extent that Nokia will phase out its use…
Japan raised the severity of its nuclear crisis to the same level as Chernobyl. (Reuters) Alcoa (NYSE: AA) beat earnings but missed sales.(Reuters) Nasdaq OMX (NASDAQ NDAQ) and Deutsche Boerse have approached NYSE Euronext’s (NYSE: NYX) largest…
Taiwan handset maker HTC posted earnings which nearly tripled last quarter to $513 million. The firm owes a substantial share of its success to Google. A very large portion of the HTC…
Dish Network bought the assets of Blockbuster to compete with Netflix (NASDAQ: NFLX), if the media is right. At about the same time, Netflix signed an arrangement to offer “Mad Men,” and…
At yesterday’s launch of its newest Xeon processor, an Intel Corp. (NASDAQ: INTC) executive claimed that there is no workload in the world that the Xeon cannot handle. That may be good news…