Apple, Boeing, Goldman Sachs' COO and others are all saying the global economic environment is deteriorating.» Read More
Citigroup is selling up to 4.9 percent of itself for $7.5 billion to the Gulf Arab emirate of Abu Dhabi, giving the largest U.S. bank fresh capital as it wrestles with the subprime mortgage crisis and the resignation of its chief executive.
As the economy slows, Jeff Krumpelman finds strong promise in the chips. The senior portfolio manager for Fifth Third Asset Management specifically likes Intel. It's a large-cap company with a policy of dividend growth.
Keith Wirtz, president and chief investment officer of Fifth Third Asset Management expects at least a couple of large-cap winners to stay in the winning column in 2008, including Apple.
Stocks got a good lift on the opening despite a negative forecast from Federal Express that says more about the economy than the company. That move up, driven in part by options expirations, has faded. The energy markets are cooking and oil is rising close to $95 per barrel, ahead of the expiration of the December contract there today.
Abu Dhabi's Mubadala Development said on Friday it had bought 8.1 percent of U.S.-based Advanced Micro Devices, the second-largest maker of computer processors.
Applied Materials will report earnings after the bell later today and after strong reports from Intel, nVidia, and so many of the biggest names in tech, the pressure's on this company to come up with something good.
Dell will license Sun Microsystems's Solaris operating system and build computers based on the Sun software, the companies said on Wednesday.
Global sales of microchips are expected to increase 7.7 percent in 2008, accelerating from a raised growth forecast of 3.8 percent this year, an industry group said Wednesday.
Chalk one up for Intel Corp. The world's largest chipmaker is out to get bigger by getting smaller, thanks to the release today of its new "Penryn" family of microprocessors. These are the first to rely on a material called Hafnium, instead of the tried-and-true silicon that gave Silicon Valley its name
Forget new media. The entrepreneur and philanthropist is investing in solar energy, what he, calls the "biggest business opportunity the world has ever seen.”
We now have a definitive agreement: Microsoft gets a stake in Facebook for $240 million, and now valuing the company at $15 billion. For a company that will do $30 million in profits on $150 million in revenue, that's a nifty valuation!
Advanced Micro Devices posted a narrower-than-expected loss on Thursday after the close of trading but reported revenue above Wall Street's expectations.
Intel posted a 43% increase in quarterly profit, helped by higher sales of notebook personal computer microprocessors and its restructuring efforts. Shares surged after-hours.
Here's part two of my what to expect posts on tech earnings this week: At Intel, a decidedly more upbeat outlook for the world's largest chipmaker Intel: The company took the unusual step of hosting a mid-quarter financial update a few weeks ago, raising its outlook and narrowing its gross margins to a healthy 52%.
U.S. chipmaker Intel has asked for more time to respond to antitrust charges filed by the European Commission, an official at the European Union's executive arm said on Monday.
Deutsche Bank held its annual news conference in Frankfurt this morning. Despite taking hits from the credit markets, they are sticking to their 2008 earnings targets because of robust earnings in other business areas, capital gains, and tax benefits.
Nvidia is rolling out a graphics microchip that will be embedded in the main collection of components that make up a personal computer, as the company goes toe to toe with Intel in the integrated graphics chip market.
With emerging markets gobbling up notebook computers, Morgan Stanley raising its 2007 PC growth forecast 4%, and the major PC makers all up more than 5% in a month –- is the PC back to being a cornerstone of the digital revolution?
Intel said on Tuesday it would be able to mass-produce computer processors with features one-third smaller than the current cutting edge within two years.
When Europe's second-highest court rules Monday on Microsoft's appeal of its landmark antitrust conviction, more will be at stake for regulators than just the behavior of the world's largest software company.