Nortel Networks filed for bankruptcy on Wednesday, hoping to save a once high-flying business whose decade-long decline has accelerated with the global economic crisis...
The final week of October promises to be volatile and even scary, but traders are holding out hope that it's the month where stocks finally hit bottom, even if it means another stinging downdraft before it's over.
Friday couldn't come fast enough for stock investors. Thursday, like most of the week, was punctuated by wild, gut wrenching swings. Friday doesn't look like it will be much different.
Ericsson posted stronger-than-expect ed third-quarter earnings on Monday, benefiting from heavy network traffic and emerging unscathed from the financial turmoil roiling world markets.
Thursday will be a big day for Research in Motion as the company prepares to release its second fiscal 2009 quarterly earnings into a climate that's either really good, or really bad, for the wireless leader, depending upon who you believe on Wall Street.
The Virtual Worlds Expo is well underway in Los Angeles, companies using the event as a platform to make announcements about their companies.
For the week ending Friday, August 22, 2008, the U.S. major Indices fell for the week on the unknown future of mortgage giants Freddie Mac and Fannie Mae, downbeat home construction July data, and soaring producer prices. The NASDAQ Composite performed the worst for the week, declining 1.54%, its steepest decline since Independence Day week. However, Friday was a positive day for the markets helped by a welcome speech by Federal Reserve Chairman Ben Bernanke and a pull back in the price of crude. The Dow had three days of triple-digit point gains & losses, netting to finish almost flat for the week.
Following are the day’s biggest winners and losers. Find out why shares of Domino’s and UPS popped while Vodaphone and SanDisk dropped.
Following weak US tech reports shares of Vodafone tumble on revenue guidance while Ericsson also sinks sharply.
Telecom equipment maker Ericsson reported better-than-expected second-quarter earnings on Tuesday in a mixed report that analysts said offered tentative signs that the firm is turning a corner.
Mobile phone maker Sony Ericsson warned on Friday it would make no profit in the second quarter due to weaker demand for its more expensive phones, sending shares in co-parent Ericsson down more than 11 percent.
In spite of the built-in WiFi, the touch-screen that lets users manipulate data and an accelerometer that allows the on-screen image to rotate with the device, the reality is, without a network that allows users to fully realize its capabilities, the iPhone is only achieving a portion of its potential.
Cellphone sales in Western Europe in January-March fell 16.4 percent from a year ago, the first decline since research firm Gartner started tracking the market in 2001, as the economic slowdown hurt demand.
Following are the week’s biggest winners and losers. Find out why shares of Goodyear and Visa popped while Delta and Mattel dropped.
Chief executives from Europe discussed earnings, opportunities and challenges their companies face in 2008 with CNBC Europe Friday.
Some big companies report tomorrow that will give more clarity on the health of advertising and technology spending, and the health of the European jobs market
Mobile phone maker Sony Ericsson posted sharply lower profits on Wednesday as a slowdown in consumer spending hit its business, but earnings were at the high end of the firm's range and exceeded market expectations.
Whenever the stock market rushes full speed ahead, it is hard not to look for the big let-down. That could be the case in the week ahead... Major earnings reports, housing data, annual shareholder meetings, and Tuesday's Pennsylvania presidential primaries are what traders will be watching to see if the trend continues.
Who says broadcasting is all about TV? One of the hot topics at the National Association of Broadcasters convention is broadcasting to your mobile phone. Media companies are eager to get their content onto your phone--to allow you to channel surf, and take in commercials, just like you're sitting in your living room
Following are the day’s biggest winners and losers. Find out why shares of Fannie Mae and Darden Restaurants popped while PetroChina and Nokia dropped.