According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…
Jim Cramer is set to host the CEO of Verizon (NYSE: VZ) Ivan Seidenberg on tonight’s MAD MONEY on CNBC. If you are wondering why we are previewing a preview for Cramer…
Sprint (S) appointed a new CEO today. He seems to be perfect for the job. The new man, Dan Hesse, comes from the top spot at Embarq (EQ) and used to work…
For the better part of 100 years, the landline was the primary means of telephonic communication between consumers and between businesses. It helped create everything from the answering machine to the fax.…
Qwest Communications (NYSE: Q) is seeing shares surge in after-hours trading. The telecom provider has announced that its board of directors has declared a quarterly dividend. The dividend is being set at…
Not many stocks are likely to double. Even well-run companies like Cisco Systems (NASDAQ:CSCO) are not likely to move 2x even with great results. The market caps are already too large and…
AT&T (T) raised its dividend today and upped its share buy-back. The company’s stock is up almost 9% on the news, the most in five years, according to Bloomberg. It looks like…
Cicso (CSCO) has had a bad run. Since earnings the stock has moved from over $34 to below $27. But, today the big router company got good news. AT&T (T) will "upgrade…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance…
The large Middle East mobile provider Orascom, has been put on the market. The company has 65 million customers which would make it as large as any provider in the US. Speculation…
The November 30 short interest of NYSE traded stocks shows that the market is predicting a further drop in financial and tech stocks. The numbers compare to November 15, 2007. The short…
According to Reuters, the former head of UnitedHealth gave up $400 million in stock options to settle chages with the SEC and the company. Reuters writes that the head of Rio Tinto…
It grates on the management of Nokia (NOK) that they have beaten Motorola (MOT) in the global markets but the the US company still has the lead in share in it own…
Research-In-Motion (RIMM), the famous Blackberry marketer, is having a rough time. After its stock made a huge run taking it up over 200% YTD in early November, it has sold off. Over…
According to Reuters, Fed chief Bernanke said the resurgence in financial strains in recent weeks had dimmed the outlook for the U.S. economy. Reuters writes that Dell’s (DELL) profit rose but if…
