With shares of large-capitalization technology companies in correction territory, value and growth investors debate good buys.» Read More
Investor Carl Icahn, who ran a heated proxy battle to unseat the Yahoo board and oust its chief executive, said he will not be attending the Internet company's annual meeting Friday.
So Exxon Mobil has just broken its own record again, reporting a mind-boggling $11.6 billion profit on $138 billion in sales. Windfall? Nope: Microsoft is three times more profitable than Exxon.
Sure the company and its nemesis, Carl Icahn, have joined forces so that bitter proxy contest could be eliminated. But that doesn't mean they've pushed their differences aside, or that general shareholder bitterness doesn't remain.
Yahoo has a lot of persuading to do Friday. At its annual meeting, Yahoo will have to show frustrated shareholders how it plans to move forward in the wake of dead-end buyout talks Microsoft. This against the background of Carl Icahn on its board and the sale of T. Boone Pickens Yahoo stake ahead of the meeting.
And Oracle. As the CEO explains, none of the company's peers can compete.
Sure, Apple’s on fire with one hot product. But Research in Motion plans to release seven smartphones in the next year. Looks like it’s time to buy RIMM.
Nintendo's quarterly profit rose 31.5 percent on the runaway success of its Wii game console, but the Japanese video game maker kept its annual outlook well short of market expectations.
SAP posted solid second-quarter results despite global economic turmoil and gave an upbeat 2008 outlook, sending shares in the world's biggest business software maker more than 6 percent higher on Tuesday.
Yahoo's second-largest shareholder is considering withholding votes for Chairman Roy Bostock and CEO Jerry Yang as disappointment over the Internet company's decision to shun a merger with Microsoft continues to create a rift among stakeholders, the New York Post reported.
Seven low-intensity bombs exploded across the Indian IT city of Bangalore on Friday, killing one person and wounding at least 15, police said.
Chief Executive Steve Ballmer on Thursday defended Microsoft's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo.
Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits. What's the "Word on the Street?"
Microsoft will announce plans to expand its relationship with online social network Facebook to provide web search and search advertising, a source familiar with the matter said on Thursday.
Here are some thoughts on Microsoft's CEO Steve Ballmer and his comments to more than 250 Wall Street analysts this morning here in Redmon.
Here in Redmond, Washington, at Microsoft's global headquarters, the Johnson news is top of mind. Microsoft is preparing to meet with Wall Street at the company's Financial Analyst Meeting. Now, Microsoft will be forced to deviate--in a serious way--from its prepared agenda
But most exciting is "Facebook Connect", which brings Facebook's social connections to sites across the web. Facebook Connect was announced in May, but the details, and the partners were only revealed yesterday.
Facebook is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.
Microsoft said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo, is leaving the company.
Oil's move to a six-week low has been cheering the stock market, but the question is for how long?
Looking for the Fast Money Final Trade? We ran out of time on the broadcast so we made that your Wednesday Web Extra! What should be your first move on Thursday?