Items tagged with Business

Finicky investors weren't as high on Apple yesterday as they have been in the past. Apple's share price dropped 6.4 percent on Wednesday, representing the company's biggest single-day drop in four years and shaving $35 billion from its market cap... Read...
Although HP's attempt at competing in the consumer tablet market with the HP TouchPad may have been short-lived, the company has continued to compete in the business segment of the market with products such as the ElitePad. In yet another effort to... Read...
Hewlett-Packard today announced financial results for its fourth fiscal quarter and full fiscal year ended October 31, 2012, noting an $8.8 billion asset impairment charge related to the acquisition of software firm Autonomy. That's a pretty big... Read...
Intel President and Chief Executive Officer (CEO), Paul Otellini, is calling it quits, though he isn't stepping down from the world's largest chip maker immediately. Instead, he'll work through the holiday season and into the second quarter of 2013... Read...
When you're hot, you're hot, and when you're cold, well, things are still pretty good if you're Apple. Ahead of the iPhone 5 launch, the Cupertino company saw its share price hit an all-time high a couple months ago, reaching more than $705. Since... Read...
Dell's fiscal 2013 third quarter revenue dipped to $13.7 billion, down 11 percent sequentially, the company announced this week. Battered by weak spending in the PC sector and a trend towards mobile handheld devices, Dell's profit was cut nearly in... Read...
Wall Street's going to be busy today as some 800 million Facebook shares held by insiders become eligible to trade, completely free of previous lock-up provisions. This isn't the first wave of restricted Facebook stock to be freed up -- Facebook... Read...
The Internet is abuzz this evening after Reuters ran an exclusive report claiming Advanced Micro Devices (AMD) had hired J.P. Morgan Chase & Co. to "explore options," including a potential sale of the company. You can imagine the sullen faces on... Read...
This one's probably a long-shot, but apparently Foxconn (Hon Hai Precision Industry) is thinking about branching out and building manufacturing facilities in the United States. Two potential destinations reportedly being evaluated include Detroit... Read...
Perhaps as the result of a momentary sense of panic following Foxconn's reiteration that those newfangled iPhone 5 models are a bear to build, investors grew slightly skittish yesterday and sent Apple's share price down nearly 4 percent by the end of the trading day. Apple stock is now the lowest it's been in... Read...
Sharp recently warned investors that it was on the verge of collapse after doubling its full-year net loss forecast to $5.6 billion, citing a "worse than expected drop" in LCD TV sales in Japan and China. At the time, it was being reported that... Read...
One of the biggest benefactors of the mobile device revolution that's taking place right before our very eyes is ARM, which licenses its technology to a number of players, like NVIDIA and Qualcomm (to name just two). If you own a smartphone or... Read...
Following the expiration on insider trading restrictions, Facebook's Chief Operating Officer (COO) Sheryl Sandberg unloaded around 353,000 shares of the social networking site worth about $7.44 million, she disclosed in a filing with the Securities... Read...
Purchased a new television lately? Unfortunately for Sharp, most people aren't upgrading their TVs, hence part of the reason why the struggling electronics maker doubled its full-year net loss forecast to $5.6 billion. Speaking to its second quarter... Read...
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