The term “material adverse effect” was not in the business vocabulary until about two years ago when LBO deals began to fall apart. Acquirers who got cold feet, or could not get bank financing…
Larry Ellison, who built his reputation on being bad and bold, just got badder and bolder. His Oracle (ORCL) bought Sun (JAVA) making an end-run around IBM (IBM), which had hoped to pick up…
It appears that IBM (IBM) may be walking out on its deal to buy Sun Microsystems, or could just be playing hardball to lower the price it is willing to pay. In either case,…
Internet display advertising had what may have been the worst quarter in its history. In the first 90 days of this year, by most measures, the cost-per-thousand that large websites charged advertisers dropped at…
Inevitably, when a corporate buyout is announced or rumored, the target company’s stock prices trades up to the level of the value of the deal. Last week, there was news that IBM (IBM) was…
A couple of month ago, India’s chief finance minister may have made calls to the heads of IBM (IBM) and several other large US tech companies to tell them that the huge developing nation…
Dell (DELL) keeps entering businesses where it might have an edge over competitors IBM (IBM) and HP (HPQ). So far, it has had little success in getting out in front of its larger rivals.…
Tech stocks are supposed to go down less than the overall market and come back faster. That has been in the Broker 101 handbook for at least two decades. The reasoning is simple. Technology…
In a weak economy, troubled companies should never be bought at a premium. No one has mentioned that to IBM (IBM) which is looking at paying $10 a share for Sun Micro (JAVA) which…
Intel (INTC) has been trying to get rid of its smaller competitor, AMD (AMD), for years. It may have even gone too far according to antitrust regulators in Europe. But, now Intel has a…
eBay Inc. (NASDAQ: EBAY) rose in after-hours trading after the online auction offered bulish guidance out to 2011 at its analysts’ day. There are many caveats.
Corning Incorporated (NYSE: GLW) President and Chief Operating Officer Peter F. Volanakiswill address the Morgan Stanley Technology Conference in San Francisco today. The company is updating its guidance and is giving some of its…
Internet display advertising is being challenged by the recession. Traditional media is not the only business being hurt as marketers curtail spending to save money. Barry Diller recently said that the display advertising at…
Barry Diller, who has been in the media industry as long as almost any man alive, said the online display advertising at his company, IACI (IACI), might be down as much as 50% this…
NetFlix (NFLX) benefited from two trends. The first is that consumers don’t have money. The other is that they need entertainment even when the world around them is awful. Revenue for the fourth quarter…