Dell Inc
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The tech giant's earnings and outlook topped forecasts amid a strong showing from enterprise services and printing. Shares jumped more than 10 percent.
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Stocks have rallied off their lows late in the day, partly on word that Senate Majority Leader Reid believes he has the necessary votes to approve the additional $350 billion of the TARP plan.
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Charles Bobrinskoy of Manning & Napier Advisors has some essential questions to ask about the economic climate, its effects on stocks, and the scope of bargains: How bad is the news? How bad did we expect it to be? But beware of generalization. "What you have to do is pick through the rubble of 2008 and find out individual companies where the negativity is too great."
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If you’re a tech investors you might want to keep a close on the CES show. We’re hearing some things….
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Here's the thing about technology and the technology industry: pioneers and visionaries like Microsoft, Intel, Sony and so many others didn't make their fortunes focused on today and tomorrow. They're all about the future, which is particularly important in today's current economic climate.
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Stocks ended a topsy-turvy session higher as investors juggled a profit warning from Bank of America and some dismal economic news with optimism over the Obama stimulus plan.
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Stocks were on their way back up again as investors shrugged of some disappointing economic data and kept an optimistic outlook about President-elect Obama's economic-stimulus plan.
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Google? No. Microsoft? Nope. Apple! Actually, no. It's Hewlett-Packard. Find out why big money managers will be buying this stock over the rest.
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Following are the day’s biggest winners and losers. Find out why shares of Starwood Hotels and Dell popped while Hudson City Bank and Equity Residential dropped.
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Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.
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Stocks rebounded Friday, pushing the Dow above the key 9,000 mark as investors rang in the new year with optimism, scooping up bargains.
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Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.
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Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.
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Who said there’s no Santa Claus? The markets appear to be showing a bit of a Santa rally so far this year. Since the close on Dec. 23, the S&P 500 has rallied 3.5%. According to the Stock Trader’s Almanac, since 1950, the S&P has averaged a 1.5% gain during the last 5 days of December and first 2 days of January. However, despite this year’s Santa Claus rally, the S&P is still down 39%, its worst decline since 1931.
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Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.
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Cisco Systems, the dominant provider of the digital pipes that run the Internet, is making a big play in digital entertainment, the New York Times reports.
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For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition. The first half will be painful, the second half slightly better, but the real recovery won’t occur until 2010.Here's the outlook for four key sectors.
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Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.
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This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.
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Fortune Magazine is looking ahead to 2009 with a list of 10 promising stocks. Senior editor Leigh Gallagher says, "When markets return, they return in force. Usually, after a bear market, in the first nine months, the market goes up by an average of 32 percent, so if you wait, you risk missing big momentum."
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Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.