Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
Ericsson posted disappointing earnings. So did network supply firms Alcatel-Lucent (NYSE: ALU) and ZTE. Telecom firms, wireless suppliers and cable companies have retreated from increasingly higher spending habits that have ranged over several…
Sprint Nextel Corporation (NYSE: S) has witnessed a substantial recovery. In fact, its shares are now almost three-quarters of the way to having doubled off of its $2.10 low seen on January…
If you thought things were ever dicey at Cisco Systems, Inc. (NASDAQ: CSCO), the woes happening at Alcatel-Lucent SA (NYSE: ALU) are just atrocious. The sad thing to see is that what…
Investors cannot make any money in the bond market right now merely by buying and holding Treasury bonds forever. The problem is that Treasury yields are at record lows. In some parts…
The US Department of Justice is delaying the proposed acquisition by Verizon Wireless of wireless broadband spectrum from SpectrumCo. Verizon Wireless is a joint venture of Verizon Communications Inc. (NYSE: VZ) and…
In a ruling that could change the way people watch TV, a New York judge has denied a petition for an injunction against TV-rebroadcasting start-up Aereo, a company partially backed by Barry…
Income investors need to be careful with some of the best companies in America. A dividend bubble appears to be forming in many great stocks. Dividends have been one of the great drivers…
Last Monday Verizon Communications Inc. (NYSE: VZ) filed a brief in federal court arguing against the Federal Communications Commission’s (FCC) proposed net neutrality rules. Verizon, which together with Vodafone Group plc (NASDAQ:…
Some products sell well when first introduced. Many more fail miserably. Very few of them sell so well that they fundamentally impact American culture. This is 24/7 Wall St.’s list of 10…
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook…
In an effort to head off regulatory rejection of its planned $3.6 billion acquisition of more wireless spectrum from an outfit called SpectrumCo LLC, Verizon Wireless, a joint venture of Verizon Communications…
Each year, 24/7 Wall St. identifies 10 important American brands that we predict will disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason…
Microsoft (NASDAQ: MSFT) launches its Surface tablet. (Reuters) European leaders say they will create a more integrated banking system. (Reuters) The Financial Industry Regulatory Authority may determine whether Nasdaq (NASDAQ: NDAQ) was at…
Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. Greece’s acceptance of austerity measures, based on results of the elections, provided no confidence that Spain — in its second recession…
