According to Reuters, profits at UBS rose to $4.7 billion in Q2, but the bank said the difficult markets could hurt second half results. Reuters writes that Wal-Mart’s (WMT) Japanese unit, Seiyu…
Qualcomm’s (QCOM) legal strategy for defending its intellectual property has been a mess recently. It lost a key ruling with the ITC. The agency said that because the company infringed on certain…
It was hard to imagine that things could get worse for Qualcomm (QCOM) but they have. The company announced strong earnings this month and guided higher, but all of the other news…
Yesterday, a federal judge ruled that two Qualcomm (QCOM) patents for video compression where not enforceable because the company "deliberately concealed the patents from a standards-setting group,", according to The Wall Street…
According to Reuters, Cisco (CSCO) announced quarter profits and a forecast that topped expectations. Reuters writes that Vodafone (VOD) will keeps its 45% of Verizon Wireless. The Wall Street Journal writes that…
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…
It is a long, steep hill for Qualcomm (QCOM). The ITC decided that some of Qualcomm’s technology infringed on IP from rival Broadcom (BRCM) and said it would block a number of…
Douglas A. McIntyre According to the FT, Intel (INTC) plans to push hard to move into the market currently held by the Blackberry and Apple (AAPL) iPhone. Its championing for the distribution of WiFi and…
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…
In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and…
Texas Instruments,Inc. (NYSE:TXN) will post earnings after the close, and First Call estimates are $0.42 EPS and $3.45 billion in revenues. We usually get guidance of out of Texas Instruments, and next…
The head of Qualcomm (QCOM), Paul Jacobs, has worn out his welcome. His father founded the company, so it may be hard to get him out. But, the board has to consider…
According to Reuters, Bernanke believes that subprime losses could hit $100 billion. Reuters writes that GM (GM) closed the gap between itself and Toyota (TM) for total unit sales in Q2. Reuters…
The EU has decided to pass over Qualcomm’s (QCOM) new MediaFlo technology in favor of Nokia’s (NOK) mobile-television system as the standard which will be used in Europe. Given that there are…
