Apple dazzled investors with a big earnings beat, another big buyback and a dividend hike that should boost sentiment up and down Wall Street.» Read More
With the markets starting down again today before rebounding, here are the top ten 2-day percent and point moves for the major indices. If the Dow closes down more than 23 points today, it would reach a top 10 point move. The S&P would need to close down less than 1 point to reach a top ten status. The Nasdaq is far from a top ten 2-day point or % move.
Ten years ago, when there were far fewer websites than there are today, a couple of guys living in Stanford's Escondido Village got the idea to create an easy-to-use, searchable directory so friends and family could easily find the net's newest, coolest destinations.
The Dow and S&P 500 fell over 4.5% today, while the Nasdaq composite dropped 3.6%, as concerns over the health of the financial sector intensified following the decision of Lehman Brothers to file for Chapter 11.
If Electronic Art's unsolicited bid for Take-Two Interactive sounds a lot like Microsoft's unsolicited play for Yahoo — complete with both EA and Microsoft ultimately walking away — think again.
On a week where Financials dominated the market, Freddie and Fannie lost over 90% of their share price, followed by Lehman at a loss of almost 78%; the markets still managed to close positive on the week.
The background is this: Balsillie has been Jonesing for an NHL team for the past several years. He looked close to getting a deal done for the financially strapped Pittsburgh Penguins. When that didn't work out, he started to focus on the Nashville Predators.
Look, I don't want to play the role of Apple defender, because heaven only knows message boards and Apple shorts think I support this company too much already.
In the past four years, shares of Apple Inc. have gained an average of 42.52% from September, when the company unveils new products, to December. Are the odds in Apple's favor for another strong performance this year?
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As we’ve been telling you, there’s no better market for making fast money than a bear market. But you have to be quick or you’ll end up dead.
Yahoo and Google's advertising partnership announced in June is a big deal, in fact the promise that it would increase Yahoo revenues was one reason used in defending against Microsoft's proposed takeover.
The Dow got a little bump at the opening bell but fell off the cliff into a triple-digit decline after pending-home sales dropped more than expected. Adding to the uncertainty in the market, Lehman Brothers fell to its lowest level in a decade amid market buzz that the brokerage is going to be unable to raise the capital it needs.
Microsoft is trying to make gains against Apple's iPod, and the radio industry is trying to find new ways to boost listeners to help their bottom line. Voila: Microsoft and major radio broadcasters, including ClearChannel and CBS Radio, are working together to bring listening to the radio into the digital age.
This is the live blog of the Apple "Let's Rock" event. The first post is at the bottom of the page, with the last enry at top.
The Dow got a little bump at the opening bell but pared its gains after pending-home sales came fell more than expected. There had been little conviction in buying Tuesday as enthusiasm waned over the bailout of Fannie Mae and Freddie Mac and worries about the economy returned to the markets.
You could call it the Apple economy. The cult of Apple has spawned dozens of companies dedicated partly or entirely to supporting the company's line of groundbreaking products, creating a multi-billion dollar business for everything from battery chargers to carrying cases.
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
For the week ending Friday, September 5, 2008, the U.S. markets ended in negative territory for the week after weak employment data and declines in auto and retail sales pointed to weaker consumer spending and a greater economic slowdown. The unemployment rate jumped to a 5-year high, soaring to 6.1%. On Thursday, the three major Indices fell back into bear market territory by dropping 20% from their market peaks set last fall. Both the Dow & Nasdaq Composite had their worst daily closes since July 26, with drops of more than 340 points for the Dow and 75 points for the Nasdaq.
On a wild week in the markets which saw Friday close off its lows as the Dow swung within an almost 200 point range, the markets all close in negative territory for the week by about 3% or more.
A few weeks ago, I detailed in a blog Microsoft's decision to use comedian Jerry Seinfeld as its new pitchman. I wrote then of the unusual choice of a professional complainer who hasn't done anything meaningful since his show Seinfeld went off the air a decade ago.