The software giant plans to reduce its workforce by 4-percent over the next 12-months. » Read More
Stocks retreated Monday as investors took a breather after a four-week rally, capped by a better-than-expected jobs report on Friday.
Hispanic America is celebrating Saturday’s swearing-in of Sonia Sotomayor as a Supreme Court Justice. African-Americans are happy that both the Attorney General of the United States and the man in the Oval Office are black like them. And much of Caucasian Nation is breathing a self-satisfied sigh of relief because diversity has flowered and our country’s long-standing, race problems are behind us.
The recession is over, according Leon Cooperman, chairman & CEO of Omega Advisors. He believes the recovery from this point onward will be “square root-shaped.”
French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish as part of an effort to boost its share of advertising on the Web, according to a joint statement released Sunday.
Douglas Roberts of Channel Capital Research.com and John Burns of Burns Advisory Group shared their market and economic outlooks—and how investors can make money.
They looked like hot stocks. So how are the traders playing Southwest, UnitedHealth and more now that they’ve been burned.
When Intel wrote a check to the European Union last quarter for $1.4 billion dollars after having been found guilty of abusing its chip industry monopoly, it led to the first quarterly loss the company had reported in 23 years.
On a week where the US markets once again hit new highs for 2009, and the 4th consecutive week of gains helped by the better-than-expected jobs report, the major indexes are all up about 2% or greater for the week, except for the NASDAQ which ended up only about 1% for the week.
Silicon Valley is once again re-inventing itself, and the timing is excellent. These have been brutal months for so many tech workers here, with big companies like Intel, Google, Yahoo, Cisco, Microsoft, National Semiconductor and dozens of others slashing tens of thousands of positions. It has been gut-wrenching to watch.
The market has had a very sharp rebound from last year — and part of that is because "we had a significant overweighting in technology," said David Katz, CIO of Matrix Asset Advisors.
Both the S&P and Dow edged higher on Tuesday after better-than-expected economic data further suggested a recovery was underway...
The recent stock market rally has not deterred investors from pouring millions into municipal bond funds. Weekly inflows have topped $900 million over the past few weeks according to AMG Data Services.
Late developments suggest the landscape in technology may be about to change in a big way. How should you trade it?
Bullish reports on manufacturing, housing and banking sent the S&P 500 barreling higher; taking it past 1,000 for the first time since early November. How much higher can we go?
Facebook isn't just a tool for college students to socialize. Now every demographic uses the website, making the service a key way for companies to reach consumers. What better way to target ads than with the information you give about yourself on your profile?
The S&P will hold at the 1,000 level as we’re finally starting to exceed some of the “horrible expectations” from analysts, said Michael Yoshikami, president and chief investment strategist at YCMNET Advisors.
Frank Quattrone, a star Silicon Valley investment banker who advised hundreds of companies during the dot-com boom of the late 1990s, has been quietly counseling about 20 technology companies since March of last year, when he started Qatalyst Partners, a boutique merchant bank.
Carol A. Bartz, chief executive of Yahoo, has been hobbled, the New York Times reported.
The tech trade lost momentum after Microsoft earnings slowed things down. But is this the pause that refreshes?
US markets hit the highest levels of 2009 enforcing a summer rally, and turned in the best July since 1989 for the Dow, and 1997 for the S&P and Nasdaq. Additionally, July was the best monthly performance for the Dow since October, 2002, and April, 2009 for the S&P and Nasdaq.