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…
Yahoo! (YHOO) needs the deal for Google (GOOG) to sell search advertising for the portal company more than Google needs it. The world’s largest search firm may make a modest sum off…
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index is misleading.…
At the coroner’s inquest about the dead deal for Microsoft (MSFT) to buy Yahoo! (YHOO) it became clear the Redmond got the best of it. For reasons which investors are not likely…
Sony Corp. (SNE) has elected not to mark down the price of its PlayStation 3 system for the holidays. The most basic version of the console, which was released in November 2006,…
According to Reuters, world markets are waiting to see how the bailout of banks in Europe and the US will work. Reuters reports that Japan’s Mitsubishi UFJ Financial Group is looking for…
According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank deposits. Reuters reports that Citigroup (C) has ended talks about taking over…
It would not be a good idea to look at IBM’s (IBM) superior earnings and assume that tech will have had a good third quarter and that the rest of the year…
