At most companies, if the head of a major division which has been under pressure leaves the firm, it is considered bad news. Microsoft (MSFT) is probably an exception.
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
VMWare (VMW) was the hot IPO of 2007. Its shares rose from $50 to $125 almost overnight. The run-up improved the fortunes of the stockholders of its majority shareholder EMC (EMC) and…
According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter. Reuters writes that…
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
Apple may be the most extraordinary technology company of the last two decades. It has introduced three products: the Mac, which took years to become a financial success; the IPod, arguably the…
Carl Icahn never really made much of a case for what he would do if he could not sell all or part of Yahoo! (YHOO) to Microsoft (MSFT). He wanted Yahoo! shareholder…
Google’s (GOOG) earnings disappointed Wall St. and pushed the stock down nearly 8%, but the message from the numbers is more profound than a little shortfall. Google’s net was up 35%. The…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
Microsoft Corporation (NASDAQ: MSFT) just posted earnings. The software and tech behemoth posted $0.46 EPS and $15.8 in revenues. First Call’s estimates for the quarter are $0.47 EPS on $15.65 Billion in…
Douglas A. McIntyre After the close of trading today, we have an earnings attention war with Microsoft Corporation (NASDAQ: MSFT), the software and IT giant, going head to head for earnings attention with Google. While…
Douglas A. McIntyre This morning ValueClick (NASDAQ: VCLK) came out and dropped the bomb on forward guidance. The immediate guidance isn’t such a bad issue but the forward guidance is. It lowered revenue guidance by…
According to Reuters, the FBI is probing IndyMac (IMB) for possible fraud. Reuters reports that Ebay’s (EBAY) outlook knocked its shares down. Reuteres writes that Merrill Lynch (MER) will sell its Bloomberg…
The ongoing Yahoo! Inc. (NASDAQ: YHOO) merger saga with Microsoft (NASDAQ: MSFT) or its potential sidebar deal with Google Inc. (NASDAQ: GOOG) and the fight with Carl Icahn has been covered about…
