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Shares of Amazon.com leaped in extended trading Thursday as the retailer reported higher earnings that easily beat analysts' forecasts. The company also turned in a sales outlook that beat the Street.
Challenger, Gray & Christmas reported today the pace of tech industry job cuts jumped 167 percent in the second half of 2008, with computer, electronics and telecom firms slashing 186,995 jobs in 2008. It's the highest total since the 228,325 job cuts in 2003. And January is shaping up to be equally brutal.
After gathering with President Barack Obama and other CEOs to discuss the economy and the business environment, Google's CEO Eric Schmidt told CNBC that the overall message of the meeting was that the federal government must “act quickly,” and he believes Obama has a clear understanding of what's needed.
Amazon has already tipped its hand a bit when it comes to earnings by calling this past holiday shopping season its "best ever, and now the question remains, is that good enough to beat the Street's expectations, and raise guidance from here forward?
Before the official conference call began, an investor relations executive went through a laundry list of risk factors facing the company, including the possibility of a takeover or partnership, shareholder litigation, macro economic forces that could lead to unforeseen negative circumstances and so many others.
Yahoo investors are preparing for the worst and hoping for the best, but those hopes are dim for any good news after the bell tonight when the company reports its fourth quarter earnings.
With a new CEO at the helm, what should you expect from Yahoo! earnings Tuesday after the bell
As I've blogged before, it seems all of the major drug companies are falling all over each other to be the biggest, or at least the best "biopharma" firm in the world. But PFE and WYE are the first, as far as I know, to put it into a URL.
Dave Kansas has written a book to help us get through these dark days and offers guidance on how to build a better, more secure future.
Google posted strong fourth-quarter earnings Thursday, beating Wall Street expectations, as its Web search advertising business remained strong.
For years pharmaceutical companies and health authorities have been trying to crack down on counterfeit prescription drugs. But on a new United Kingdom website the world's biggest drug company, Pfizer, is apparently taking the fight against knockoffs to a whole nutha level.
Who better to ask than a man who has the new president's ear? Find out what he had to say about Steve Jobs and Apple, creating white-collar jobs and America's next "man on the moon" moment.
EBay reported a profit that was lower than last year's earnings, but which outstripped what Wall Street was expecting from the company.
This is a Live Blog of what some are calling the most anticipated earnings and conference call in Apple's history. Tim Cook - the acting CEO now that Steve Jobs has taken a medical leave will be front and center.
When it comes to Apple and Steve Jobs' health disclosures, indeed any perceived cover-up, it all comes down to what was known, and when. Easy questions to ask, but harder questions to answer.
No question these are tumultuous times for Apple Inc. , and while it's easy to be distracted by the management, or mis-management at its highest echelons —depending upon who and what you believe — let's not forget that there is a company operating beneath those headlines, and that it will report its first quarter earnings Wednesday.
As previously mentioned, Irish bookmaker Paddy Power had odds on what phrase President Obama would say first in his speech. Turns out it wasn't "Change has come." Instead, the first sentence out of his mouth included the phrase "As I stand here today", which was tied for third at 12-1 odds.
In an age of constantly evolving technology, consumers need to be extra vigilant to protect what's sacred.
When Intel pre-released its worse-than-expected earnings last Wednesday there had to be a collective sigh of relief for so many tech companies looking at the same kind of thing on their books, and who didn't want to be the first to deal with the wrath of the market.