According to Reuters, Paulson says that China is picking up the pace of the yuan rise. Reuters writesThe Asian Development Bank cut growth rates for countries in Asia including China Reuters reports…
According to Reuters, UBS (UBS) will writes down about $10 billion in subprime financial instrument and raise new capital from sources including the Singapore government. Reuters reports that Blackstone (BX) is preparing…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chose from the list. The measurements were based on company stock performance…
National Semiconductor (NYSE: NSM) posted revenue of $499 million versus consensus $498.4 million and reported $0.33 EPS versus consensus of $0.31. The problem is that the February quarter end was guided down…
It grates on the management of Nokia (NOK) that they have beaten Motorola (MOT) in the global markets but the the US company still has the lead in share in it own…
According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers. Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters…
Nokia (NOK) may sell over 400 million handsets a year. It new music download and internet-to-the-phone program may make it the leader in wireless multimedia. But now it is talking about offering…
Douglas A. McIntyre According to Reuters, OPEC will probably keep oil output at current levels. Reuters writes that a goverment plan to help sub-prime borrowers will probably freeze their rates for five years. Reuters writes…
Nokia (NOK) issued its annual forecast. Much of it could be predicted. Smartphone sales will be up. Margins will be OK at about 16%. But, total handset sales will rise only 10%…
Douglas A. McIntyre According to Reuters, the Henry Paulson said that a plan would be ready this week to spare some homeowners from mortgage resets. Reuters writes that November auto sales were weak with GM’s…
Jim Cramer on TheStreet.com videos is staying positive on his "Horsemen of Tech" and he said that today is mark-up day and fund managers will want to own these winning names going…
Research-In-Motion (RIMM), the famous Blackberry marketer, is having a rough time. After its stock made a huge run taking it up over 200% YTD in early November, it has sold off. Over…
Never throw out a CEO when he is in the middle of a solid turnaround. Motorola’s (MOT) CEO, Ed Zander is out. The new CEO, Greg Brown, was COO, and there is…
Douglas A. McIntyre Verizon Wireless, a joint venture between Verizon (VZ) and Vodafone (VOD), announced that it would use so called Long Term Evolution for its 4G networks. The move is a huge blow to…
Every month, 24/7 Wall St. peruses through the NYSE, AMEX, and the NASDAQ. One key area we look at of course is technology. Below is a summary of some of the key…
