Some of the names on the move ahead of the open.» Read More
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On Wednesday Germany-based tech titan SAP reiterated its 2009 outlook. What does that mean for the tech trade?
As the Markey-Waxman bill on carbon emissions cap-and-trade makes it way through the Senate, a new carbon-counting reality may soon be here for American businesses.
In the current economic climate, with C-level executives in every type of business wanting to wring every penny from their corporate processes, sustainability means finding ways to reduce, reuse, and repurpose anything along their supply chain, leading hopefully to a leaner, cleaner—and greener—operation.
This company did a great job of fending off the recession. But will that trend continue?
Before my interview today with Microsoft CEO Steve Ballmer, he glared at me when I told him what Yahoo's CEO Carol Bartz had to say about a potential partnership: I can't react to an offer or a deal when there's no offer or deal to react to, she said. Sometimes silence speaks volumes.
The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.
It seems the recent rally in tech has some pretty impressive coat tails. Even Microsoft is higher!
Software analyst John DiFucci notes a startling development at Oracle. "What we've seen all across the S&P is, people cutting their dividends, cutting them significantly; Oracle's instituting a new dividend," he told CNBC. "What that says is, Oracle's management team is confident in its free cash flow."
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
NetApp is seeing huge call volume Monday, ahead of its quarterly report Wednesday after the close. ... NTAP was above $26 in September, but bottomed at $10.39 in early November. Since then the data storage company has steadily climbed; at one point today the shares reached $16.74 after a Barron's article called the company recession-resistant.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
More companies announced layoffs on Thursday as the employment picture continued to dim.
Adobe Systems is down more than 51 percent this year — but is seeing huge call activity. The average daily call volume is 3,300, but Tuesday the software maker saw more than 12,000 contracts trade at the February 22.50 strike alone (AEQBX), most of them for $1, according to OptionMonster's tracking systems.