Stocks advanced Wednesday as investors were encouraged by a few earnings reports, including Morgan Stanley, Yahoo and SanDisk. The VIX, widely considered the best gauge of fear in the market, dropped to just above 20.
Earnings season continues in earnest Wednesday, as we roll on with a week that will ultimately see 25 percent of the S&P 500 report their quarterly numbers.
Wednesday, 2 Sep 2009 | Source: The Associated Press
Uncertainty about Sun Microsystems' future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday.
Thursday, 16 Jul 2009 | Source: The Associated Press
Sun Microsystems projected quarterly results below Wall Street estimates Tuesday, signaling it will clear some charges off its books ahead of its $7.4 billion acquisition by Oracle.
Earlier this year, Cisco opened a major front against one-time partners Hewlett-Packard and IBM in the hotly competitive, and fast-growing server market with its blade, and so-called Unified Computing System initiative... Read More