According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will channel new…
A look at the companies which announced layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such as Microsoft…
PCs are so well-made now that they do not have to be replaced until they break. The processors put in computers made two years ago are still powerful enough for most consumer…
The massive power in the newest of low-cost PC’s is killing the computer companies PC’s are becoming about the same as refrigerators and toasters. And now the $10 laptop is on the…
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
Jeff Bezos, the founder and CEO of Amazon (AMZN), looks a bit mad. Stick thin and without a hair on his head he is both bug-eyed and frenetic. He has the look…
Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people…
Citrix Systems Inc. (NASDAQ: CTXS) is getting shelled after its earnings report. The company’s net fell 4% to $0.33 EPS, and non-GAAP earnings before items was $0.48 EPS. Revenue rose 4% to…
Shares in large software companies including Microsoft (MSFT) and Oracle (ORCL) have been selling off quickly over the last two quarters. The general forecasts for the firms is that a slowdown in…
Yahoo! (YHOO) announced earnings yesterday. The company’s forecast for the current quarter was weak. Many investors wanted to hear what new CEO Carol Bartz would say. She did not say anything, at…
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
There is a new trend that has emerged in this earnings season that will have an impact in 2009 and maybe beyond: a lack of earnings and/or revenue guidance. This unravels roughly…
Yahoo!’s (YHOO) new CEO, Carol Bartz, gets to run the company’s earnings cal this week. The results from the fourth quarter will probably be bad. It is hard to imagine how the…
Many PC analysts thought that the "netbook" would be a toy. Sitting someplace between regular laptops and smartphones, the little PCs would not have the processing power and screen sizes to be…
