US District Court Judge Richard Posner has decided, for the moment, to dismiss two-year old patent litigation involving Apple Inc. (NASDAQ: AAPL) and Motorola Mobility, now merged with Google Inc.(NASDAQ: GOOG). The…
The three major US stock indexes opened higher this morning following the announcement of an interest rate cut in China (our coverage here). Spain sold more than €2 billion in bonds at…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Baker Hughes Inc. (NYSE: BHI) Cut to Neutral at Macquarie. Charter Communications,…
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged…
The G7 will hold emergency talks about the eurozone, with special consideration of Spain. (Reuters) A Reuters/Ipsos poll shows that few Facebook users buy goods and services because of advertising and “likes,” and…
Customer relationship management firm Salesforce.com Inc. (NYSE: CRM) has signed a definitive agreement to acquire privately held Buddy Media for approximately $689 million in cash and stock. The transaction is expected to…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
The deification of Apple (NASDAQ: AAPL) founder Steve Jobs continued at the D: All Things Digital conference. Oracle (NASDAQ: ORCL) CEO Larry Ellison, nearly a god himself in Silicon Valley, compared Jobs…
For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
Many members of the EU want Greece to remain a member but have begun to prepare for its departure. (Reuters) Hewlett-Packard (NYSE: HPQ) posts better-than-expected earnings and says it will fire 27,000…
Even the whittled down version of the patent infringement lawsuit that Oracle Corp. (NASDAQ: ORCL) brought against Google Inc. (NASDAQ: GOOG) didn’t pass a San Francisco jury today. The federal jury’s verdict…
If you recall the term B2B, you are going back a decade and then some as far as internet companies. Ariba, Inc. (NASDAQ: ARBA) was one of the key business-to-business platform builders. …
Hewlett-Packard (NYSE: HPQ) has plans to lay off as many as 30,000 people soon. By some estimates that is 8% of its workforce. HP’s CEO Meg Whitman needs to show that she…
The major US stock indexes opened significantly higher this morning as investors were heartened by yesterday’s nationalization of Spain’s Bankia. The Bank of England also keps rates and asset purchases stable. This…
