It's no secret that I was tough on Yahoo during the difficult years. Calling attention to management missteps became a blood sport of sorts. I was tough, but I believe, fair. Tonight's earnings topped expectations but disappointed markets. Still, there's a part of Yahoo's report tonight that's deserving of some extra attention.
Yahoo will report its first quarter earnings tonight and as the company's stock teeters anew near a 52-week high, investors have to be wondering whether the time has finally come for this company. Well, kind of.
IBM shares took a hit as soon as its first quarter numbers hit the tape, despite a healthy top and bottomline beat. Those pesky gross margins did the company in, but after a moment or two, cooler heads prevailed, and IBM shares began to recover.
Stocks pushed higher on Monday after a more-than-expected rise in leading indicators and strong earnings from Citigroup. Fritz Meyer, senior market strategist at Invesco AIM and Linda Duessel, equity market strategist at Federated Investors shared their market outlooks.
IBM is cheap, no two ways about it. As the company gets set to report its earnings tonight, keep that in mind as we parse each and every word of Big Blue's guidance.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.
The NASDAQ Composite and Dow rose for the seventh consecutive week, while the S&P 500 halted its winning streak, posting a weekly loss of 0.19%. US stocks fell during Friday's trading session, following news that the Securities and Exchange Commission charged Goldman Sachs with fraud related to subprime mortgages.
It's the last thing Palm needed to hear: The crown jewel in its family of assets, its WebOS operating system, is fraught with security vulnerabilities, according to mobile security consultancy Intrepidus which will release details of a year-long investigation early next week.
The turnaround may finally have arrived for the video game industry. March sales were up 6 percent compared to the 2009 numbers, marking the only positive growth the industry has seen since September 2009—and just the second month in the last 12 to show improvement.
Stocks rose for a sixth straight dayas investors cheered a pair of solid manufacturing reports and shrugged off a jump in jobless claims.
Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.
Kerry Killinger, former head of the failed Washington Mutual, appeared before Congress the other day and "accept(ed) responsibility for our performance and (was) deeply saddened by what happened." And then blamed everyone and everything under the sun for the largest bank failure ever.
It’s time for this tech bellwether to get some of it’s mojo back, Cramer says.
While the level of rhetoric gets high in any corporate battle, it has moved well past that in this fight, with high profile employees being wooed away and gamer loyalties being put to the test. Ultimately, though, it's shareholders that, for better or worse, could be caught in the middle.
A day ahead of Google's earnings, there was this bizarre development from its Chinese rival: Baidu is now trading at over 100 times this year's earnings.
Plus, get calls on housing, the banks and more.
Maybe there's something to this whole second place thing. This runner-up status. Number 2 might be the new Number 1?
As Intel prepares to release earnings tonight after the close, investors are clearly expecting good news. And for good reason.
This morning, at a splashy event at the trendy Mighty Club in San Francisco, Microsoft took the wraps off its new "Kin" smart phone, a device designed from the bottom up with social networking in mind, and in partnership with Sharp Electronics, Verizon and Vodaphone.
Twitter made it easy for programmers outside the company to build 70,000 applications that made the microblogging service more usable. Without them, people would not be able to post a photo, shorten a URL, monitor several Twitter accounts at once, easily use the service from a cellphone or search for people to follow.