According to Reuters, Sprint (S) will launch a wireless shopping network to enhance its revenue. Reuters writes that supply worries are keeping the price of crude high. Reuters writes that a federal…
Texas Instruments (NYSE:TXN) released its mid-quarter update today with a tighter range and here are the updates: Total revenue between $3.56 billion and $3.72 billion, compared with the prior range of $3.49…
A Federal appeals court opened the door for Broadcom (BRCM) to press antitrust legal action against its larger rival Qualcomm (QCOM). The move is another set-back for Qualcomm which is in disputes…
Douglas A. McIntyre According to Reuters, Mattel (MAT) recalled another 800,000 toys made in China due to high levels of lead paint. Reuters writes that Intel (INTC) will respond to regulator’s questions about its joint…
Barron’s has floated the idea that Qualcomm (QCOM) may want to break itself into two pieces. Almost all of its rivals and its largest customer, Nokia (NOK), are in legal battles with…
Qualcomm (QCOM) got more bad news yesterday. It largest customer, Nokia (NOK) filed a complaint with the ITC to ban imports of handsets that the big European company says infringe on its…
According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal cancer.(AUXL) Auxilium Pharma receivef FDA…
As 24/7 Wall St. reported this morning, Broadcom’s (BRCM) efforts to get an injunction against Qualcomm (QCOM) marketing chips with BRCM intellectual property could have effect of shutting down parts of QCOM’s…
Douglas A. McIntyre Broadcom (BRCM) is arguing in federal court that Qualcomm (QCOM) should be prohibited from selling a number of its chips because they infringe on BRCM patents. According to Reuters: "Broadcom was seeking…
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…