Reuters: Obama is looking for ways to cut the deficit. Reuters: Citigroup (NYSE:C) may sell its private equity group. Reuters: Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters: China…
Eric Schmidt, CEO of Google (NASDAQ:GOOG) used to serve on the Apple board of directors. He left, presumably, because of a growth in competition between the two companies. That competition has gotten…
Microsoft (MSFT) announced that its revenue rose 14% in the last quarter to $19 billion. EPS rose 57% to $.74. Most of the improvement was due to the sales of Microsoft’s new…
Douglas A. McIntyre Reuters: Congress will probe the Toyota (NYSE:TM) recalls. Reuters: Samsung said chip and TV demand is strengthening. Reuters: Some AIG (NYSE:AIG) employees are open to cuts in retention pay.
Microsoft Corporation (NASDAQ: MSFT) has just reported earnings of $0.74 on the headline and $0.60 EPS for non-GAAP earnings and $19.02 billion in revenues. The estimates from Thomson Reuters were $0.59 EPS…
Douglas A. McIntyre Today is effectively what we are penning as the crest of earnings season. Things have changed because of the sell-off seen this morning on options trader valuation and implied percentages. We tallied…
Short sellers made bets across the board against the telecom industry for the period that ended January 15. Investors may be worried about price wars amongh carriers and handset companies as they…
Updated throughout the day. The Fed may gamble that it can end purchases of mortgage paper without hurting the housing market (Bloomberg) Microsoft (MSFT) Window Mobil 7 will be out this summer …
Yahoo! Inc. (NASDAQ: YHOO) is set to report earnings after the closing bell. While the distant number-two search player is still in the midst of a turnaround, the report is unlikely to…
Bill Gates, chairman of Microsoft (NASDAQ:MSFT) strongly implied that Google (NASDAQ:GOOG) has done the wrong thing by challenging the Chinese government on censorship of the internet. According to Reuters, Gates views China’s…
Reuters: Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case. Reuters: China GDP grew 10.7% in the fourth quarter. Reuters: Obama will target excessive…
Updated throughout the day. The hedge fund industry brought in $4.6 billion in December (Eurekahedge) Barclays (NYSE:BCS) may face a $27 billion deficit (Credit Suisse). JPMorgan (NYSE:JPM) is in exclusive talks to buy…
It took Microsoft (NADSAQ:MSFT) founder Bill Gate long enough to join Twitter. Now he can join President Obama and Demi Moore as fans of the social media network based on sending people short…
Douglas A. McIntyre Updated throughout the day. Goldman Sachs (NYSE:GS) will delay its bonus announcement for UK workers until next week. (Reuters). AMR (NYSE:AMR) will seek carrier partners in China if its proposed investment in JAL is turned down as expected. …
Reuters: Kraft (NYSE:KFT) has a deal to buy Cadbury (NYSE:CBY) for about $19 billion. Reuters: China says Google (NASDAQ:GOOG) and other foreign firms must respect its laws. Reuters: JAL is going bankrupt.