Some of the names on the move ahead of the open.» Read More
It's been a rough year for Dell, characterized by a particularly rough quarter that saw the company try to put deep financial shenanigans behind it: the pay-out of a $40-million-plus severance package for fired CEO Kevin Rollins, trying to deal with a restructuring that cost the company 8,000 jobs, continued loss of market share to rival Hewlett-Packard and shipment problems that hurt its most recent product introductions.
Acer's shares fell sharply in Taiwan Tuesday, one day after the Taiwanese computer maker said it would acquire Gateway for $710 million.
Taiwan's Acer will buy U.S. computer maker Gateway for $710 million to double its U.S. presence and unseat China's Lenovo as the world's No. 3 PC maker, while dealing a blow toits efforts to grow in Europe.
Acer plans to acquire U.S. computer maker Gateway for $710 million in a deal that will push the Taiwanese company past China's Lenovo Group as the world's third largest vendor of personal computers.
The stock market appeared to return to normal this past week, but many analysts believe continued credit worries will drive prices lower in the near term. Still, long-term investors should be on the lookout for bargains.
Tech Check on "Closing Bell" today is a fun one. The first product I talk about is the "Panoply" from Hewlett-Packard. It's a 120-degree, curved screen that could be a gamer's heaven! HP has shown this in prototype form before, but it appears this is getting closer and closer to a real product release.
The audit, which began in August 2006 and evaluated more than 5 million documents, "identified evidence that certain adjustments appear to have been motivated by the objective of attaining financial targets," Dell said.
Hewlett Packard reported earnings of 71 cents a share for its fiscal third quarter, comfortably outpacing forecasts, and the company gave guidance for the fourth quarter that topped analysts' expectations.
It's the kind of blowout quarter weary tech investors were hoping for. Just about everyone suspected that HP would beat estimates, thanks to ongoing momentum in the personal computer industry, as well as falling component prices, especially memory chips like DRAMs which have seen a 40% decline in some sectors.
A bruising selloff in world stock markets is about to extract more pain on Wall Street, where stock index futures are pointing to a sharply lower opening.
A group of reporters and their family members whose private telephone records were secretly obtained as part of Hewlett-Packard's boardroom surveillance scheme sued the technology giant and two former executives.
Xerox, Research in Motion, Ingram Micro, Brocade and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
U.S. stocks closed little-changed amid investor concerns that more credit troubles may be down the road. "I think there's still a lot of convincing to do to investors that things are going to work out fairly well," said Sam Stovall, chief investment strategist at Standard & Poor's.
While most long-term investors should stay on the sidelines during the current market turmoil, analysts say there are opportunities to find some bargains amid the carnage."Fear creates opportunity," Michael Embler, chief investment officer at Franklin Templeton Investments, told CNBC.com. "If you are a long-term investor, you should be turning off your screen. But if you want to buy stock, this is an opportunity."
Wednesday was a crazy day for the markets, but when all was said and done The Dow finished 150 points higher and Blackstone (BX) formed the largest buyout fund ever. Is a steady comeback building this week for stocks? Here's the word on The Street.
Lenovo Group, the world's No. 3 maker of personal computers, wants to take over a mid-tier PC manufacturer valued at about $800 million to bolster a barely profitable European arm,sending its shares almost 3% higher.
Schlumberger, Apple, Goldcorp and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Lenovo Group, the No. 3 personal computer maker, said on Monday it would introduce a broad line of Linux laptops, the strongest endorsement to date of the open-source software by a major PC maker.
Stocks closed higher as investors were encouraged by strong earnings reports despite lingering subprime concerns. "There wasn't much negative news today from the subprime market and people still want to buy the market," said Todd Leone of Cowen. "We were way oversold and I think you have some people putting money to work."
Lenovo Group, the world's No. 3 PC maker, posted on Thursday a much stronger-than-expected, nearly 13-fold surge in quarterly profit as strong corporate demand offset fiercecompetition at home.