According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
Yesterday, there were a number of rumors in the press that Verizon Wireless (VZ) (VOD) was talking with Apple (AAPL) to get a franchise to sell the iPhone after AT&T’s (T) exclusivity…
AT&T (T) has made it clear, very clear that the Apple (AAPL) iPhone is critical to its strategy to increase cellular revenue as its residential landline business shrinks. The iPhone helps AT&T get…
According to Reuters, a new generation of netbooks may reshape the PC industry. Reuters reports that concerns about swine flu have spread across the globe causing health alerts. Reuters reports that John…
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
AT&T (T) earnings were within the range of Wall St. forecasts. That is not saying much. The results were modest and pushed the stock up about 3%. AT&T’s first quarter revenue totaled…
The deal under which AT&T (T) is the exclusive cellular carrier with rights to sell the Apple (AAPL) iPhones in the US will expire soon. The phone company believes that the partnership is…
According to Reuters, Goldman Sachs (GS) would like to return to its old businesses and compensation practices, but it may not be able to. Reuters reports that the US is planning to…
The latest 24/7 Wall St.–The Channel Checkers survey of Apple (AAPL) stores shows that the company is holding the line on pricing and this should help earnings. Over the past week, the survey…
According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion. Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse. Reuters writes that…
China Mobile (CHL), the world largest cellular service provider, posted strong earnings for last year, but that may be the extent of the good news. Company revenue grew, reaching RMB 412,343 million, up…
Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of unit sales…
Cable operator Comcast (CMCSA) claims it is now the No.3 phone company in the country. It follows two of the remaining parts of the old AT&T which was broken up in 1982.…
Maria Bartoromo just had a quick interview with oil baron T. Boone Pickens. This was after the announcement that AT&T Inc. (NYSE: T) said it plans to spend up to $350 million…
