According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the Fed is expected to cut rates with Japan likely to follow. Reuters…
According to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger. Reuters reports that Boeing (BA) and its machinists have entered into a tentative labor…
Some investors have been so rattled by this market that they have taken their money and run. Even Treasuries are not safe enough. What if the US government defaults? Of course, Treasuries…
For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
Tech stocks are far from immune in the selling. We put together a list of the major stocks trading sharply lower on active trading and we listed the previous 52-week lows to…
It is not that long ago that The Justice Department suggested that Microsoft (MSFT) was so powerful that it needed to be broken into pieces. In 2000, Justice hired famous banker Bob…
Microsoft Corporation (NASDAQ: MSFT) has reported earnings and the management of expectations here is probably about as fair as any investor in today’s climate could hope for. The software giant posted earnings…
Douglas A. McIntyre Software giant Microsoft Corporation (NASDAQ: MSFT) is set to report earnings after today’s close. First Call has estimates pegged at $0.47 EPS and $14.78 billion in revenues. As with most companies, the…
Douglas A. McIntyre According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its stock.…
Yahoo Inc. (NASDAQ: YHOO) is set to report earnings after the close. First Call has its Q3-2008 estimates at $0.09 EPS and $1.37 billion in revenue. While earnings would seem to be…
Apple (AAPL) is not the best stock. Google (GOOG) is. Or, maybe it is a tie. Apple will release its earnings into the jaws of one of the great economic slowdowns in…
According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving into a deep recession. Reuters writes that Google (GOOG) exceeded forecasts and…
Microsoft (MSFT) CEO Steve Ballmer is torturing Yahoo!’s (YHOO) board for not taking his $33 buy-out offer. Recently, Yahoo! was below $12. Ballmer commented that the transaction would still "make sense economically"…
Intel (INTC) said it loved its past and hated its future. The Age of Romance must be over. These sentiments are supposed to be the other way around. The world’s largest chip…
What they say about big tech must be true. IT spending at companies is falling as businesses cut back across every expense category they can find. Software and hardware upgrades are put…
