The majority of technology index components—more than 63 percent—are trading down more than 10 percent from yearly highs.» Read More
Shares of VeriSign, which manages the ".com" and ".net" domain names registry, dropped Monday after the company filed its first-quarter financial report, which included restatements related to historical stock option grants.
Tomorrow, the NBC Universal Family brings us Live Earth--with a three hour primetime special on NBC, plus 18 hours of coverage of Bravo and seven hours on our very own CNBC. Plus coverage on all sorts of other channels in the family--including Telemundo, Mun2, Universal HD, and the Sundance Channel. A sign of the power of the Live Earth message, NBC has attracted some top-notch (huge and influential) advertisers--General Motors, Apple, and American Express.
VeriSign, which manages the ".com" and ".net" domain names registry, said that Chief Executive Stratton Sclavos has resigned for undisclosed reasons.
The Internet server and security company had previously said it would have to restate its financial records for 2002 to 2005 and for the first quarter of 2006 to record additional noncash, stock-based compensation expenses.
Google dazzled investors in 2006, in large part due to its ability to monetize the internet. What companies will excite investors by this time next year? We asked three of the nation’s leading web watchers about tech trends for '07. Jordan Rohan, the Managing Director at RBC Capital Markets says he likes Google....
It's been a pretty good year for tech stocks--but even a good 2006 doesn't hide the fact that the sector has underperformed the market for the last three years. So--there should be plenty of growth ahead in 2007, right? Scott Kessler is the S&P's Senior Director of Technology Sector Equity Research. Peter Misek is Senior Tech Analyst at Canaccord Adams. On "Morning Call" the pair give their sector outlook and stock "picks."