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Intel Corp. (NASDAQ: INTC) had already given the indications that the tech market was bottoming out. At today’s investor meeting, CEO Paul Otellini, said hat he believes conditions seem to be...
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The Financial Times is reporting that EU antitrust authorities are preparing to levy a huge fine against the world’s largest chip company, Intel (INTC). The paper writes that “Some lawyers...
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Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that have not existed...
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From 24/7 Wall St. partner Apple Investor News: Aside from the iPhone-Verizon rumor and iPhone apps passing the one billion mark, there were some interesting headlines this week that speak to...
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Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared,...
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Intel (INTC) sees a bottom to the falling demand for PCs. Smaller competitor AMD (AMD) does not. During the Intel earnings conference call, the company’s CEO said that PC sales had leveled off....
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According to Reuters, Yahoo!’s (YHOO) profit dropped 80% and it will cut 5% of staff. Reuters reports that Chrysler bondholders offered to swap some debt for equity. Reuters reports that Geithner...
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Advanced Micro Devices Inc. (NYSE: AMD) has posted non-GAAP earnings of -$0.66 EPS (including -$0.04 impact) on revenues of $1.177 billion, flat sequentially and down some 21% year over year. ...
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The CEO of Intel (INTC) is not sure that the government stimulus package will do him or his industry any good. According to Reuters, the firm’s CEO Craig Barrett said stimulus packages being rolled...
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New product launches are always tricky events. This is definitely the case with new chips and new processors for computing. Intel Corp. (NASDAQ: INTC) did confirm its new chipset offering for...
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Intel (INTC) has been trying to get rid of its smaller competitor, AMD (AMD), for years. It may have even gone too far according to antitrust regulators in Europe. But, now Intel has a better sword...
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According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its...
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Moody’s has come out with a list of 283 companies that are at great risk of defaulting on their debt. The Wall Street Journal got a copy of the list so each of the firms can face customers,...
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According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget. Reuters reports that a Senate panel will question Swiss banking’s secrecy policy. Reuters reports...
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Spansion Inc. (NASDAQ: SPSN) is toast. At least that is the case for shareholders. The maker and designer of flash memory chips has filed for Chapter 11 bankruptcy protection. Spansion was not...
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