April 17- Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.» Read More
Shares of Nvidia suffered their worst one-day loss in more than three years Thursday, a day after the graphics chipmaker reported the first weakening of gross margin in 13 quarters and concerns mounted over competitive risks from rivals ATI and Intel.
Is Microsoft a dinosaur? Maybe, but the company's new website builder for small businesses shows that the software giant is still capable of innovative products.
Network Appliance posted a higher quarterly profit but forecast lower-than-expected revenue in the current quarter, sending its shares lower.
Are they or aren't they? Only their investment bankers know for sure. Today began with blog rumors of a potential asset swap between Yahoo and Rupert Murdoch's News Corp.,or even an outright competing bid to Microsoft's $44.6 billion hostile offer.
What a week-and-a-half for Yahoo it has been: a $44.6 billion hostile bid for the company, a whopping 62 percent premium, then rumors of multiple suitors chomping at the bit to snap up this company, rumors of a remarkable plan to make this company into an independent money-machine--secret plans that'll turn Yahoo into the greatest name online.
Applied Materials posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry, but the company's performance beat expectations.
Research in Motion appears to be suffering from growing pains and while strong sales are usually good news for a company, they could become cataclysmic if the company can't handle the additions.
Apple Inc. as a "value play?" Seems counter-intuitive to think of a company trading at better than 20 times next year's earnings as a "value," but maybe--just maybe--the Street is coming around to the idea that the growth and potential of this company seem horribly undervalued.
It is a "CrackBerry" addict's worst nightmare: a catastrophic outage affecting the company's entire network in the Americas. In an e-mail to its enterprise clients, Research in Motion says it has suffered a "critical severity outage" --and the company as of yet is providing no details as to when the network will be back up and running.
The technology industry's outlook for 2008 looks worse than it did just two months ago, when fears of a U.S. recession already were leading analysts to predict a slowdown in purchases of computers, software and tech services.
There's that old saying that if six people say you're drunk, you can argue and argue and argue--slurring your words along the way--that you're not. But if everyone thinks you're drunk and you're the only one who disagrees, chances are you're drunk.
U.S. computer maker Dell said on Friday that it was offering the majority of its consumer personal computers with Advanced Micro Devices chips through retail stores and by phone rather than the Internet.
Cisco Systems met forecasts with its quarterly earnings, but its shares tumbled after CEO John Chambers said customers are becoming "increasingly cautious."
Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.
Digital frames were once relegated to the old novelty gadget drawer. But no more. CNBC Contributor David Pogue reviews the latest on the technology.
The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.
If guidance and outlook have been the Achilles' heels of so many great-earnings-reports-gone-bad this earnings season, then the grand-daddy of them all could come at the close Wednesday when Cisco Systems reports its earnings.
Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...
With all the attention we lavish on Google as it breaks through one stock-price plateau or another, it seems only fair to cover the company's stock as it retreats as well. Retreat might be an understatement.