Apple Reports Record Sales, Profits As iPad, iPhone Sales Mushroom
Apple Inc. (Nasdaq: AAPL), the world's most valuable technology company, reported second-quarter financial results that blew past analyst expectations.
Facebook IPO: 5 New Danger Signs For Investors
Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.
LANDesk Buys Managed Planet For ‘Big Data’ Play
LANDesk Software, the venerable desktop management systems developer, said it had acquired private Managed Planet to bolster its play into ‘’Big Data” and analytics.
IBM Hikes Dividend 13%, OK’s $7B Buyback
International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, announced a 13 percent boost in its dividend as well as a $7 billion share buyback.
AT&T Says 1Q Profit Rose As Wireless Traffic Jumped
AT&T Inc. (NYSE:T), the No. 1 telecommunications carrier, reported first-quarter earnings and revenue rose solidly, ahead of estimates, as smartphone customers spent more time on the network.
Texas Instruments 1Q Results Dip 60% But Sales Higher Than Expected
Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, reported first-quarter net income dipped a worse-than-expected 60 percent but said revenue was better than predicted.
Facebook To Pay Microsoft $550 Million For Part Of AOL Patent Trove, Reports Slower Revenue, Earnings Gains
Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).
Common Cause Charges ALEC Members Cheated Taxpayers Of Millions In Lobbying Deductions
The conservative American Legislative Exchange Council (ALEC), which receives funds from 140 U.S. companies, is breaking federal tax laws, Common Cause charged.
Earnings Preview: Apple Expected To Sustain Profit Climb
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, fell again Monday, a day before reporting second-quarter financial results that are expected to be sharply higher than a year ago.
Earnings Preview: Texas Instruments Could Be Barometer On Mobile Market
Shares of Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, fell 1 percent in Monday trading, ahead of the first-quarter results announcement scheduled after the close.
Technology Focus: Welcome To Era of ‘Big Data’
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
Proofpoint Shares Jump 31% In IPO
Shares of security software specialist Proofpoint (Nasdaq: PFPT) jumped as much as 31 percent in the first few minutes of trading after their initial public offering.
SanDisk Shares Crash After Big Earnings Miss
Shares of flash-memory giant SanDisk (Nasdaq: SNDK) fell more than 15 percent in early trading after the company reported first-quarter results far worse than expected.
AMD’s Operating Earnings Beat Estimates Despite Overall Loss
Advanced Micro Devices (NYSE: AMD), the No. 2 microprocessor developer, reported first-quarter operating income that beat estimates, despite posting a net loss on one-time charges, as revenue rose more than expected.
Microsoft 3Q Earnings, Revenue Beat Forecasts
Microsoft (Nasdaq: MSFT), the world's biggest software company, reported results Thursday that beat analyst estimates for both earnings and revenue.
Splunk, ‘Big Data’ Analyzer, Skyrockets In IPO
Splunk (Nasdaq: SPLK), which developed software to permit enterprise analysis of so-called “Big Data,” saw its shares skyrocket nearly 90 percent in its initial public offering.
Facebook’s IPO Could Top $100 Billion After Instagram Deal
Facebook’s $1 billion deal to acquire Instagram may have resulted in pushing the initial public offering price for the No. 1 social media network even higher.
Qualcomm Shares Plunge After Earnings Forecast, Shortages Warning
Shares of Qualcomm (Nasdaq: QCOM), the biggest designer of mobile chips, plunged more than 5 percent in early Thursday trading after missing second-quarter earnings estimates.
Eurotech: Is The Euro Zone Slowdown Finally Bashing Technology Leaders?
Eurosclerosis may finally have hit the technology sector.
ALEC Disbands Task Force On ‘Stand Your Ground’ After Liberal, Rights Groups Protest
The conservative American Legislative Exchange Council disbanded a task force that had advocated for “Stand Your Ground” laws in states as well as voter identification laws.
Earnings Preview: AMD Expected To Boost Income Despite Constant Intel Threat
Advanced Micro Devices (NYSE: AMD), the No. 2 microprocessor developer, has nowhere to go but up. Investors this year have sent its shares soaring nearly 50 percent.
Berkshire Hathaway Shares Shrug Off Buffett News
Shares of Berkshire Hathaway (NYSE: BRK/A) shrugged off news that CEO Warren E. Buffett has prostate cancer and will require treatment soon.
Earnings Preview: Microsoft’s 3Q To Gain From Higher PC Sales
Microsoft (Nasdaq: MSFT), the world's biggest software company, is expected to report slightly lower third-quarter results Thursday, despite the slight uptick in PC sales.
IBM's 1Q Earnings Beat Estimates On Strong Sales To BRICS
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, reported first-quarter earnings that beat analyst estimates although revenue came in slightly lower than expected.
Intel 1Q Results Beat Estimates As Sales Shine
Intel (Nasdaq: INTC), the No. 1 chipmaker, reported first-quarter earnings beat estimates as sales rose much more strongly than expected.
Amazon’s Bezos Freezes Salary To Bet On Kindle Success
Jeffrey Bezos, founding CEO of Amazon.com (Nasdaq: AMZN), froze his salary for the third consecutive year at $81,840. He also received $1.6 million in other compensation, the company’s proxy said.
Apple Shares Recover In Tuesday Trading
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, recouped all their Monday losses and gained more in Tuesday trading.
RIM: Shares Leap On Reports New CEO To Sell Out
Shares of troubled BlackBerry developer Research in Motion (Nasdaq: RIMM), jumped more than 4 percent late Monday amid unconfirmed reports the company has hired a banker for an auction.
AOL Wins First Pulitzer Prize But Shares Dip 1%
Shares of AOL, the No. 5 website, fell 1 percent in late Monday trading even after the troubled company won its first Pulitzer Prize.
Earnings Preview: IBM’s 1Q Report Expected To Show Big Shifts to ‘Big Data’
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, has scheduled its first-quarter earnings announcement for after Tuesday’s market close.
