Video game retailer GameStop Corp. (NYSE:GME) today authorized a boost of $500 million in its share buyback program, replacing a $300 million authorization made in September 2010, and about half of which…
Facebook is now worth $50 billion and has become the hottest property on the Internet. The problem is that the site may find it more difficult to generate revenue than many imagine.Despite…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
Games-maker Electronic Arts Inc. (NASDAQ: ERTS) is getting a boost in share price today following a better-than-expected third fiscal quarter earnings report, and a buoyant outlook. That outlook depends on extending its…
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters)Roche said that regulations in the US could harms its results. (Reuters)Borders Group (NYSE: BGP) may file for bankruptcy…
NokiaStandard & Poor’s suspects that the new strategy from Nokia Corp. (NYSE: NOK), set to be announced February 11th, is not going to be enough to boost the company’s competitive position in…
Companies locked in a struggle to remain viable and maintain their profits and sales sometimes begin to run out of customers. This happened to GM (NYSE: GM), which had a 50% share…
Verizon Communications, Inc. (NYSE: VZ) has agreed to acquire Terremark Worldwide, Inc. (NASDAQ: TMRK) in an all-cash deal worth about $1.4 billion. Verizon will pay $19/share for Terremark, which is no doubt…
There was nothing wrong with Amazon.com’s (NYSE: AMZN) quarterly results when they are viewed through the lens of the e-commerce company’s battle with the bricks-and-mortar sector. America’s largest retailers have begun to…
The IMF “Fiscal Monitor” and ratings agencies have both warned Japan and the US on their growing debt loads (Reuters)Ford Motor’s (NYSE: F) annual profit may be its largest since 2000 (Reuters)Bank…
Microsoft Corp. (NASDAQ: MSFT) somehow managed to release its earnings early and before the close rather than after the close of trading. The software giant reported earnings in the last quarter of…
Jon C. Ogg The first thing that experts in the gaming industry will point out about the new Sony (NYSE: SNE) portable NGP video game console is that it cannot succeed in a market crowded…
Microsoft’s (NASDAQ: MSFT) earnings will be hurt by slowing PC sales .(Reuters)Fannie Mae and Freddie Mac want to cut the dividend on their preferred shares. The money goes to the Treasury Department.…
Yahoo! Inc. (NASDAQ: YHOO) reported better-than-expected revenue and earnings for its fourth quarter, but not that much better. There were some bright spots, including a jump of 14% in display ad revenue…
Obama called for a spending freeze for some government discretionary spending. (Reuters)The Federal Reserve will probably stick to it plans to buy bonds and noted economic improvement. (Reuters)Toyota Motor (NYSE: TM) announced…
