The sales of PCs and servers, especially in the US and Europe, is slowing due to market saturation. The same holds true for cellular phones. Chip companies now have to rely on…
The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s…
Most research from Gartner, IDC, and Yankee Group, firms which follow tech trends, shows that people do not want to watch video on their phones. The picture quality is awful. No one…
Qualcomm (QCOM) the tech company involved in more intellectual property litigation that any other, posts just OK earnings. Revenue hit $2.61 billion, up 17 percent year-over-year. Net income inched higher to $766…
Douglas A. McIntyre One topic we cover at 247WallSt.com with regularity is share buybacks from major companies. While we are starting to see a slower pace in fresh buyback announcements compared to 2006 and 2007,…
AT&T Inc. (NYSE: T) has partnered with MediaFLO USA Inc, a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), to launch AT&T Mobile TV with FLO. This offering will consist of a mobile TV…
Goldman Sachs has made some changes this morning in its coverage team that analyzes communications technology. For starters, the overall stance on the group has been changed down to a Neutral view…
When the global handset market goes South a number of companies get bombed. The worst goes to the handset companies themselves. That is not good news for Motorola (NYSE: MOT). Chip companies…
According to Reuters, the war between Northrop Grumman (NOC) and Boeing (BA) is now going on in Congress and the public. Reuters says Dell (DELL) will buy $23 billion of components in…
For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT),…
There was an absence of major buyback announcements this week. That coincides with the lack of as many earnings reports as well. Below are some of the standout buyback and repurchase announcements…
Intel (NASDAQ: INTC) is introducing new tiny chips aimed at the mobile computing market. According to The Wall Street Journal the are "designed to be the calculating engine for pocket-sized gadgets that…
According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters writes…
We are full blown into earnings season now. These are not all of the stocks in the news, but this is a good portion of the news in individual stocks for traders…
According to Reuters, Meg Whitman is stepping down as CEO of Ebay (EBAY). Reuters writes that GM (GM) said it would rather be a strong No.2 in the global market than a…