DOVER, Del.— A bankruptcy judge has approved the sale of more than 1,740 RadioShack stores to hedge fund Standard General, preserving some 7,500 jobs. RadioShack's bankruptcy plan calls for Sprint, the No. 3 U.S. wireless carrier, to operate dedicated "store within a store" shops in most of the locations acquired by acquired by General Wireless, a newly formed...» Read More
Sprint Nextel and Clearwire are in "advanced discussions" to form a joint venture that would build a high-speed wireless netowkr using WiMax technology, according to a media report Tuesday.
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
The cell-phone company blames the economy while rival Nokia outperforms.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
If you believe the media -- and you should, every word ;) -- you'd think this nation was spiraling toward recession. But it's not necessarily so. Take Microsoft as an example...
If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
Struggling smart phone maker Palm Inc. will shutter all 34 of its retail stores as the company continues to try to find a financial foothold in a sector of technology seeing unprecedented competition.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Nokia, the world's top cellphone maker, reported a 57 percent rise in earnings per share in the October-to-December quarter, with booming demand in emerging markets boosting its global market share to 40 percent.
AT&T Thursday posted a higher quarterly profit after better-than-expected wireless growth, sending its shares up almost 3 percent in pre-market trading.
European stocks soared Thursday, making a comeback from recent lows and shrugging off news of fraud that caused French bank Societe Generale billions of euros in losses.
I'm skeptical, to say the least, of a report originally in the Chinese language Economic Daily News, and now re-printed by Digitimes detailing an iPhone shipment slowdown by Apple. The story says Apple has lowered its projected shipments of iPhones from 2 million units to around 1 million or 1.2 million for its fiscal second quarter ending march 2008.
Sprint Nextel said Thursday Chief Financial Officer Paul Saleh and two other top executives would leave the company in a new management shake-up as the No. 3 U.S. mobile service grapples with subscriber declines.
Qualcomm posted a higher first-quarter profit after items, due to demand for its mobile phone chips, and its shares rose as much as 7.43 percent following the report. The wireless technology and chip supplier also gave a forecast for the current quarter that was in line with analysts' expectations.
This is the LIVE blog from Tuesday's Apple earnings conference call. Read it for the first time or re-read again. I had fun doing it and I hope you enjoy reading it.
eBay is one of the net's four horsemen, ushering in a spate of online earnings after the bell today, and coming a week ahead of Yahoo (next Tuesday); Amazon (next Wednesday); and Google (next Thursday.) So eBay's earnings will put the entire sector under the spotlight.
Motorola Wednesday forecast a loss for the current quarter, saying a recovery in its mobile devices business would take longer than expected.
KTF Co, South Korea's No. 2 mobile carrier, reported on Wednesday its quarterly profit halved as marketing costs to win high-speed mobile subscribers wiped out revenue and user growth.
Shares of Motorola, the No. 3 mobile phone maker, fell as much as 13 percent Tuesday as investors worried about weakness in its handset division a day ahead of its quarterly earnings report.
Texas Instruments reports after the bell, and the company will be forced into Apple Inc.'s shadow, which might be a shame. That's because this company could offer up some surprisingly good news, both in wireless and in flat TV's.
Just some quick thoughts on what started out as a brutal morning, but is "coming back" a little thanks to the Fed's must-do move minutes ago: I heard from many of you over the weekend, and the tone was a little surprising.