Thursday, 5 Nov 2009 | Source: The Associated Press
Shares of Cisco Systems Inc. jumped Thursday after the world's largest networking gear maker forecast better-than-expected revenue for the current quarter, signaling that a recovery is under way for the technology sector.
Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance.
Former Hewlett-Packard Co chief Carly Fiorina said on Wednesday she would run as a Republican candidate for the U.S. Senate from California, seeking to unseat liberal Democrat Barbara Boxer next year.
Wednesday, 4 Nov 2009 | Source: The Associated Press
Former Silicon Valley executive Carly Fiorina announced Wednesday she is running for the chance to seize liberal stalwart Barbara Boxer's U.S. Senate seat, depicting the three-term Democrat as a Capitol Hill do-nothing who penned novels while jobs vanished and government spending soared.
Tech heavyweights Cisco Systems and EMC dampened speculation the two companies would merge as they announced Tuesday a broad partnership to develop data center technology, taking on rivals IBM and Hewlett-Packard.
There’s a transition occurring in the tech sector. The traditional sector bellwethers—computer hardware, desktop software, consumer electronics—are no longer the areas of growth. Instead, it’s all about the enterprise.
The tech sector has been among the market’s top performers this year, and analysts believe the hot streak may continue. But the usual suspects may not be leading the way.
Believe it or not, the economy will recover. Cramer’s good news, which he shares in his new book, Getting Back to Even, is that “sooner is actually a whole lot more likely than later.” If that’s the case, then investors should know how to play it. Luckily for them, Cramer pulled together 12 stocks that he thinks will most benefit from an economic rebound. Check out the slide show to find out which market bellwethers made the cut.
Wednesday, 14 Oct 2009 | Source: The New York Times
The dark blue captain’s hat, with its golden oak-leaf clusters, sits atop a bookcase in Bryan Lawlor’s home, out of reach of the children. The uniform their father wears still displays the four stripes of a commercial airline captain, but the hat stays home. The rules forbid that extra display of authority, now that Mr. Lawlor has been downgraded to first officer.
While overall stock valuations aren’t much more attractive than bonds, some areas like technology are appealing, Rob Morgan, president of Dearden, Maguire, Weaver and Barrett, said on CNBC Tuesday.
Cisco posted a stronger-than-expected profit for its fiscal first quarter and said business was recovering as customers are buying more network equipment again, after cutting back for the past year... Read More
New York Attorney General Andrew Cuomo filed some salacious charges this morning, accusing Intel of using "illegal threats and collusion" to control the microprocessor market... Read More
In an effort to help investors spot trends, CNBC's By The Numbers will provide you with a look at stocks in the S&P 500 displaying unusual trading volume... Read More