Ford Motor Co. says there is a flaw in the body control module software in the vehicles. The Focus vehicles were made in Michigan as far back as June 2014, while the C-Maxes were made in Michigan starting in April 2014 and the Escapes were built in Louisville starting in April 2014. About 375,000 of the cars were sold in the U.S., 52,000 in Canada and 5,000 in Mexico.» Read More
The chairman of Diebold told United Technologies in an open letter Wednesday that by making an unsolicited $2.64 billion offer, the diversified U.S. manufacturer "is opportunistically seeking value that belongs to Diebold shareholders."
Investors lined up 2 hours before the Apple shareholder meeting began here in Cupertino, California. It's a little unusual for them to be here so early, and I thought it might be related to the company's 40 percent plunge since the beginning of the year.
Apple CEO Steve Jobs told shareholders that the company has no plans for either a stock buyback or dividend.
Today's disaster du jour comes from Intel, the world's largest chipmaker, reducing gross margin expectations for the first quarter by a couple of percentage points. The company now expects gross margins of about 54 percent, compared to its original forecast of 56 percent.
Advanced Micro Devices announced a new collection of chips that will add better graphics capabilities to the motherboards that connect the different parts of a personal computer.
Apple shares are down close to 40% from its high last year. As Jim Goldman discussed on The Call today, is now the time for a buyback?
Intel lowered its gross margin forecast for the current quarter on Monday, citing weaker pricing on certain types of memory chips and the company's shares fell 2 percent in extended trading.
When it comes to Apple and the company's sagging stock price--and increasingly frustrated shareholders--it seems to me a solution is getting clearer by the day. Stock buyback.
As you might expect, my earlier post calling on Steve Jobs to announce a shareholder buyback at tomorrow's Apple spacer annual shareholder meeting, generated quite a bit of reader reaction. As we prepare to cover the meeting, I'm curious how many of you plan to attend...
The European Commission is sending a "statement of objections" to TomTom on its plans to purchase its main map supplier, Tele Atlas, a source with knowledge of the situation said on Saturday.
Google's comScore headache continues to resonate through Wall Street but a growing chorus of analysts are beginning to wonder whether this is really much ado about nothing. And when I say "much ado," I mean it, considering how much this report throttled Google stock.
Dell posted a lower-than-expected quarterly profit and cautioned that customers may rein in spending, sending its shares lower in extended trading.
Talk about a confusing report: Dell reports 31 cents a share on $15.99 billion in revenue and at first blush the news seemed almost devastating. The conventional wisdom going into the report was that expectations had been lowered so significantly that Dell should have no trouble at all beating them.
Has the long, national nightmare for Apple investors finally come to an end? After reading comments from Apple chief operating officer Tim Cook addressing the crowd at the Goldman Sachs tech conference in Las Vegas yesterday, it appears so. And not a moment too soon for the Mac faithful.
It's clear that Michael Dell's honeymoon period is over, and that investors are looking for tangible results from the turnaround strategy he has implemented since returning to his namesake company as CEO. The question though is whether this is merely a dead-cat bounce, or whether Dell is truly beginning to turn things around.
Google, already the world's most popular spot for finding Web sites, is aiming to become the go-to place for creating Web sites too.
I just got my invite to the next big Apple media event. This one is called iPhone Software Roadmap and it'll take place at the company's headquarters in Cupertino, California on March 6th.
So if you think your portfolio has problems, consider the plight of the Google guys and what they've been suffering since shares hit that high of $747 in early November. This has been a rough few months for legions of Google shareholders, but particularly hard on Larry and Sergey.
The European Union stepped up to level the biggest single fine against a company when it slapped Microsoft with a $1.35 billion penalty for anti-trust and anti-competitive behavior, and for not complying with earlier rulings to curb these kinds of practices.
Kids have between $20 billion and $175 billion in spending power, so what's the best way for businesses to access that cash? Tabreez Verjee, president of GoFish, has the answer.