SANTA CLARA, Calif. _ Palo Alto Networks Inc. on Wednesday reported a loss of $45.9 million in its fiscal third quarter. Eleven analysts surveyed by Zacks expected $222.4 million. Analysts surveyed by Zacks had expected revenue of $246 million.» Read More
When Carol Bartz took over as CEO a few months ago, I like everyone else was intrigued about how she would turn this struggling company around. I got my chance with Bartz in her first TV interview since taking the Yahoo job, and what I got was a decidedly aggressive, straight-talkin', honest, sharp executive, firmly in charge, with a vision and the methods to make it happen. In short, I got exactly what Yahoo hasn't been, but has so desperately needed.
No secret that plenty of Silicon Valley companies have seen precipitous stock declines, and several, including Google and Intel have taken steps to help out underwater employees. At Electronic Arts to the growing chorus.
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
Covering Apple can be fun, in a nauseating kind of way: Consider RBC Capital's Mike Abramsky earlier this year who did a whiplash-inducing about-face after essentially rating Palm a "buy," and Apple a "sell." He stepped up, admitted he was wrong, and upped Apple to a "buy," and dramatically increased his targets.
Lo the power of a successful initial public offering, and a crush of private companies are now scrambling. And all of this action comes thanks to OpenTable and its wildly successful initial public offering last week.
We’re "long overall" and believe that the market has a lot of room to go higher, said Wayne Kaufman, chief market analyst at John Thomas Financial.
Chip designer Analog Devices posted sharply lower profit and sales for its fiscal second quarter Tuesday amid the economic turmoil that has dampened global chip demand.
If it's true that the group that led the last bull market doesn't lead the next one, investors will have to forget about banks and consider a new array of choices.
Experts Edward Yardeni, president of Yardeni Research, and Paul Alan Davis, senior portfolio manager of Charles Schwab, explained their optimism toward the stock market and they advised investors to start buying stocks.
Eric Ross, director of equity research at Canacord Adams and Brian Belski, chief investment strategist at Oppenheimer said now is the time to get into the market, and that investors should be putting their cash to work.
Sun Microsystems is scheduled to report its fiscal third-quarter numbers after the market closes Tuesday.
The Amazon news is striking on so many levels: Like Apple, expectations were high; like Apple, the pressure was on; like Apple, this company was expected to perform well even in the face of severe financial meltdowns around the world. And the company delivered, delivered, delivered.
Microsoft has a tough job ahead of it today as the company prepares to report its fiscal third quarter: On the one hand, the stodgy Titanic of American enterprise is sickeningly predictable, which is good in economic times like these; but it's also bad news for investors hoping for some kind of break-out nugget of news that actually ignites these shares again.
With Intel and Google now in the books, we can start to focus on the busiest single week of tech earnings that I can remember in recent history.
Microsoft and the Justice Department agreed to extend some portions of federal antitrust oversight for 18 months, according to court papers filed Thursday.
It's no secret that talks between Sun Microsystems and IBM have collapsed; and it's no secret, based on my earlier reporting that Sun has re-approached IBM and that IBM has rebuffed the overture. Again. But what's the real reason behind IBM's decision to walk?
It's not often the CEO's comments can overshadow an entire earnings report, but that's what might be happening with Intel and the company's first quarter report.
This was going to be a dicey quarter no matter how you slice it for Intel, with analysts anticipating a paltry 2 cents a share in earnings and the very real possibility that the company could report its first loss in something like 87 quarters.
On a happy note, Carmen is pleased to share the story of Alec Satin of New York, an IT professional who lost his job in December. While at a local job fair, he encountered OTM and soon after, made an appearance on the show seeking advice in his job hunt. Now, a few months later, he's near the end of his goal -- and you can follow his progress on Twitter!
In a case of piracy that some analysts called unprecedented, untold thousands of people watched a version of “X-Men Origins: Wolverine” online Wednesday, a full month before its scheduled theater release, the New York Times reported.