A huge population of red ants has bedeviled Texas farmers for years. By some estimates the insects cost state businesses close to $1 billion a year due to crop and machinery destruction.…
Oracle Corp. (NASDAQ: ORCL) is already in the process of acquiring Sun Microsystems Inc. (NASDAQ: JAVA). This morning came an announcement that Oracle was buying a private company called VirtualIron. Normally private…
Reuters : Intel (INTC) said its results are running better than expected. Reuters : The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the…
Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
Yahoo! (YHOO) is running out of time in its attempts to remain a relevant part of the global search industry both on PCs and mobile devices. Recent Hitwise data shows Yahoo!’s share…
It remains true that without global IP theft laws which apply equally in all countries the piracy of software and premium entertainment content will never end. The fact was brought home by…
Douglas A. McIntyre Microsoft (MSFT) said it plans to make its first bond offering to raise an expected $3.75 billion. The move is extremely odd since the world’s largest software company has $25 billion and…
Short sellers may have helped themselves by moving out of tech stocks just as shares in the sector began to make big advances. In the period ending. May 11, short interest in Microsoft (MSFT) fell…
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will probably sell…
There is something far more important than the Microsoft Corporation (NASDAQ: MSFT) bond offering. It is even more important than why the company is raising the money. This Microsoft bond offering could…
Douglas A. McIntyre This morning came a preliminary prospectus supplemental filing from Microsoft Corporation (NASDAQ: MSFT) to sell 5-year, 10-year, and 30-year debt instruments for undisclosed terms and undisclosed amounts.
Douglas A. McIntyre The Financial Times is reporting that EU antitrust authorities are preparing to levy a huge fine against the world’s largest chip company, Intel (INTC). The paper writes that “Some lawyers suggest that…
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
Nintendo had near-record profits for it most recently reported period, but they were not up to expectations because of what analysts view as faltering sales of its flagship Wii game console. For the fiscal…
According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
