According to Reuters, Bear Stearns (BSC) has several potential buyers including JP Morgan (JPM) and Bank of America (BAC) Reuters writes that a court overturned a patent infringement award won by Alcatel-Lucent…
According to Reuters, Bear Stearns (BSC) pushed out one of its presidents after problems that closed two of its hedge funds. Reuters writes that Robert Nardelli, former CEO of Home Depot (HD),…
Perhaps people from around the world will travel to China to get their new Microsoft (MSFT) Vista operating system. The company has dropped its price for Vista Home Basic to $66. Research…
Douglas A. McIntyre Take-Two Interactive (NASDAQ:TWO) is showing how its woes are far from over. The company is lowering guidance because it delayed the launch date for its upcoming blockbuster game Grand Theft Auto 4. …
Electronic Arts Inc. (NASDAQ:ERTS) has posted results with a gross profit of $229 million, but its actual net loss was $132 million. Its diluted EPS was -$0.42 net and -$0.22 on a…
ValueClick Inc. (NASDAQ:VCLK) is probably hoping that Main Street can find more value in the stock with its shares down 20% pre-market. On Friday evening, the company expedited its earnings release date…
Wikia, run by the founder of massive online encyclopedia Wikipedia, is getting closer to launching a community-developed Web search service. It has just bought Grub, a pioneering Web crawler, according to CNN…
AMD (AMD) has not had much luck competing with larger rival Intel (INTC). Its gross margins have collapsed. It is losing money, and Intel has been taking back customer sales in both…
At a meeting with analysts and the press, Microsoft (MSFT) made its counter-intuitive case. The world’s largest software company intends to keep diversifying into internet advertising and hardware device, whether investor like…
According to Reuters, Microsoft’s (MSFT) CEO defended the company’s move heyond the desktop. Reuters writes that Amgen (AMGN) turned in better than expected results as several key drugs did well. Reuters reports…
Symantec (SYMC) is an odd company. Its shares are down about 12% over the last two years, and the S&P is up about 25%. The firm has bought rivals. It has accused…
According to MarketWatch: Qualcomm reported earnings of $798 million, or 47 cents a share, for the quarter ended July 1 compared with earnings of $643 million, or 37 cents a share, for…
According to Reuters, Apple (AAPL) turned in strong results driven by Mac sales and the stock moved up 10%. Reuters writes that Sony’s (SNE) profit tripled as webcam sales more than offset…
New data out from NPD, show Nintendo putting the wood to Sony (SNE) and Microsoft (MSFT) in game console sales during June. PC World provided a table of June sales compared to…
Nintendo’s profit increase 4x in the quarter ending in June to $669 million. The company increased guidance for the year and the company raised its profit forecast by 40%. Sales of the…