These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Friday morning with about two hours until the market opens for trading: Charles Schwab (SCHW) Cut…
Microsoft’s (MSFT) revenue dropped 17% in the second quarter, and worse, sales dropped in all five of the firm’s operating units. The recession and the decline in PC sales are to blame…
Reuters: Microsoft’s (MSFT) results and forecast were weak. Reuters: CIT (CIT) may sell its aviation finance business. Reuters: Fatigue at the Fed is leading to questions about its expanded role. Reuters: Twitter…
Microsoft did not do as well as Wall St. had hoped. The company posted revenue of $13.1 billion and EPS of $.34 . Analysts were looking for $.36 on $14.38 billion in revenue, A year ago, the…
Douglas A. McIntyre Microsoft (MSFT) said yesterday that the code for the next version of its immensely successful operating system is done. Windows 7 will replace Vista as the company’s flagship operating system when it…
Reuters: A tech alliance between China and Taiwas is hurting Korea. Reuters: Spple (AAPL) easily beat forecasts. Reuters: CIT (CIT) still faces a number of financial challenges. Reuters: Yahoo!’s (YHOO) outlook was…
Yahoo! Inc. (NASDAQ: YHOO) has posted its earnings of $0.10 non-GAAP EPS and $1.136 in ex-TAC revenues. Thomson Reuters had estimates at $0.08 EPS and $1.14 billion in revenues. Guidance is for…
Douglas A. McIntyre Once a year, Interbrand publishes a list of the “Best Global Brands”. The 2008 list was released last September. The next list will probably be out in about two months. The change…
IBM (NYSE: IBM) is getting deeper into the race in virtualization. The company is entering what was a fast growth and now suddenly crowded space along with the clear virtualization leader VMware…
Reuters: Microsoft (MSFT) is putting more R&D in India. Reuters: CIT (CIT) confirmed that it rasied $3 billion. Reuters: Bernanke said Fed can control inflation. Reuters: California lawmakers agreed to a state…
Intel Corporation (NASDAQ: INTC) is not a company you think of needing cash. Yet, after the close, the chip and processor giant announced its intention to sell a $1.5 billion principal amount…
This week will mark the first crest of earnings season as we have 11 of the 30 DJIA components reporting earnings this week alone. On Tuesday, we have earnings from Caterpillar Inc.…
The Symbian Foundation, a leader in cell phone operating system research, says there will be ten million apps available a decade from now. “The full blossom will come in ten years and…
24/7 Wall St. completed an analysis of newspapers websites for the years 2008 and 2009. We have added magazines to this analysis because print media clearly faces potential extinction if it cannot…
