Vodafone (VOD) will not sell part of its 45% stake in Verizon Wireless to Verizon (VZ) for $10 billion. It has the contractual right to do so, but that ends this week.…
"A lot of Windows customers are going to switch because of this stuff," Mr. Jobs said. He was referring to new programs that will be available on Apple’s (AAPL) iMac computers. These…
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…
Markets in Asia were sharply higher. The Nikkei rose .4% to 17,029. KDDI rose 5.2% to 808000. Docomo (DCM) rose 3% to 171000. The Hang Seng rose 2.4 22,398. China Mobile (CHL)…
Douglas A. McIntyre After Heelys, Inc. (NASDAQ:HLYS) had already been cut almost in half, the roller shoe maker is feeling even more pain. The company posted $0.45 EPS on revenues of $74.3 million. This was…
Douglas A. McIntyre On tonight’s MAD MONEY on CNBC, Jim Cramer said the FOMC meeting today was good after he considers it and was actually reassuring for 3 reasons: It is good to hear the…
Douglas A. McIntyre Leap Wireless International, Inc. (NASDAQ:LEAP) posted earnings that are being viewed with disappointment initially. It posted $0.05 EPS on revenues of $393.2 million, and that looks light on the top-line. First Call…
Douglas A. McIntyre Cisco Systems, Inc. (NASDAQ:CSCO) has boosted its longer-term growth expectations, and shares are now up 6% in after-hours as Chambers is finishing up his comments. Obviously the company can make other comments,…
Douglas A. McIntyre Dendreon (NASDAQ:DNDN) has posted its results. The actual EPS and revenues don’t matter because of the stage of the company. But the company did lower its total expenses to $23.4 million. That…
Douglas A. McIntyre The networking behemoth posted $0.36 EPS on $9.43 Billion in revenues. First Call estimates were $0.35 EPS and $9.29 Billion revenues. Unfortunately we don’t get guidance out of Chambers & Co. until…
Douglas A. McIntyre Priceline (PCLN) took a big run ahead of earnings. The stock rose 5.5% to $65.09. Analysts polled by Thomson Financial expect pro forma income of $.89 on sales of $354.3 million. The…
Douglas A. McIntyre The FOMC has spoken, and as expected rates were left unchanged at 5.25%. Here were they key phrases we looked at: The Federal Open Market Committee decided today to keep its target…
Douglas A. McIntyre Leap Wireless International, Inc. (NASDAQ:LEAP) is set to report earnings after the close today. First Call is looking for $0.04 EPS on revenues of $408 million. Please be advised that estimates are…
Douglas A. McIntyre Sun (SUNW) filed a document with the SEC that indicated that it would make more job cuts. About a year ago, Sun fired almost 5,000 people, about 12% of its work force.…
Douglas A. McIntyre