According to Reuters, Siemens (SI) will cut over 6,000 jobs in its telecom equipment business. Reuters writes that MBIA (MBI) is moving to help bring stability to the credit markets. Reuters reports…
Sun Microsystems, Inc. (NASDAQ:JAVA) has announced that it has entered into a stock purchase agreement to acquire Stuttgart, Germany-based innotek. Sun is calling innotek the provider of the leading edge, open source…
VMware, Inc. (NYSE: VMW) has already taken its hit from the earnings expectations getting high enough that the stock just couldn’t hold up to expectations after a monumental IPO. There is always…
VWWare (VMW) lost about a third of its value on a disappointing quarterly report. The stock is now down to $56, near a 52-week low and off a period high of better…
VMware, Inc. (NYSE: VMW) has posted earnings of $0.26 non-GAAP EPS on $412 million in revenues. First Call had estimates pegged at $0.24 EPS and $417.37 in revenues. Even though this represents…
Today is the long-awaited earnings out of virtualization leader VMware Inc. (NYSE: VMW). This could be a crucial report as this is only the second earnings report out of the company and…
VMware Inc. (NYSE: VMW) has been one incredible post-IPO after EMC Corp. (NYSE: EMC) partially spun-off the virtualization leader in August 2007. It picked up new coverage this morning after William Blair…
According to Reuters, S&P futures are down 5.3%. Reuters writes that Yahoo! (YHOO) plans to cut several hundred jobs. Reuters reports that GM (GM) has unveiled a China-made hybrid. Reuters writes that…
Microsoft (MSFT) is behind in the virtualization software business. Way behind. Wall St.’s perception, which is probably correct, is that recent IPO VMWare (VMW) has the industry lead. The company now has…
Douglas A. McIntyre One stock which may come under more than normal pressure tomorrow is virtualization software company VMWare (VMW). Microsoft (MSFT) disclosed detail of its plans to take on the successful IPO with offerings…
VMware (NYSE: VMW) is out with news that it is making another acquisition this morning. The virtualization leader is acquiring desktop virtualization provider THINSTAL, which it calls a best of breed agentless…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that after IBM (NYSE: IBM) raised its numbers that was just the excuse to rally tech as it was and oversold. he noted,…
The market things that tech spending is going to get hurt this year. Wall St. can see it in the stock prices of Dell (DELL), AMD (AMD), Intel (INTC), and other "big…
247WallSt.com wanted to bring a list of the best and worst in IPO’s for 2007. We already gave a list of the large money losing IPO leaders of 2007 and this list…
NetSuite (NYSE: N) is one we covered with a strengthening bid ahead of its IPO, but it priced at $26.00. That is twice the initial price forecast. Shares traded slightly lower at…
