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Stocks up on oil, earnings optimism fizzles late
NEW YORK (Reuters) - Stocks soared on Thursday on a sharp drop in oil and several unexpectedly strong earnings reports, but the rally may not hold into Friday, given disappointing results from Google, Microsoft and Merrill Lynch after the bell.
Reuters |
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Summary Box: Microsoft 4Q profit climbs
(AP) — CASH COWS: Sales of Office, Windows helped push Microsoft's fiscal fourth-quarter revenue up 18 percent to $15.8 billion. BOTTOM LINE: Profit rose steadily to $4.3 billion but missed Wall Street's expectations by a penny per share as Web advertising business weakened.
The Post-Standard |
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AMD's Hector Ruiz Jumps Sinking Ship
Opinion - The decision of Hector Ruiz to step down from his role as CEO may not be a surprise to many, especially those to those who have been following recent stories. But the timing of the announcement is surprising - in several ways. First, Ruiz leave
Tom's Hardware |
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AMD changes CEO as chip maker struggles
SAN FRANCISCO (AP) - Hector Ruiz was pushed aside Thursday after six tumultuous years as CEO of Advanced Micro Devices Inc., as the chip maker tries to pull itself out of a deep financial hole caused by a questionable acquisition and a major product gaffe.
WRGB Albany |
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Google shares sink after profits miss expectations
Shares of Google sank nearly $41 after profits rose slower than expected in the second quarter. The company earned $1.25 billion profit which was 35% higher than the same period last year, but investors weren’t impressed. In after hours trading, Google is currently down $40.75 to $492.69 a share (as of 4:45 PM Pacific). Company executives place some of the blame on the economy, while some ...
TG Daily |
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Reuters Business Summary
Microsoft profit outlook misses view, shares fall LOS ANGELES - Microsoft Corp posted a quarterly profit and outlook below Wall Street expectations on Thursday, citing "tough" economic conditions, and its shares fell 6 percent. The software maker, which is locked in an on-again, off-again pursuit of Yahoo Inc , said its current-quarter forecast factors in difficult economic ...
Reuters via Yahoo! Singapore News |
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IBM profit tops targets, forecast up
IBM reported a 22 percent rise in quarterly profit, blowing past Wall Street targets and raising its 2008 forecast, as emerging markets used its services, software and equipment to expand, and larger countries turned to technology to save money.
Reuters via Yahoo! News |
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Panasonic Shows Off Surface-Like Digital Wall [Digital Wall]
Microsoft's getting some competition for its Surface device. Panasonic is showing off a very Surface-like product it's calling Digital Wall, and it's exactly what it sounds like. While at this point...
Gizmodo |
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UK & World News: More online child protection urged
Not enough is being done to protect children using the internet, the head of the UK unit dedicated to tackling online paedophiles has said.
icNewcastle - Sunday Sun |
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Schmidt: YouTube + ads = 'holy grail'
Google's CEO says YouTube will be a gold mine--if the company can just work out that pesky issue of selling advertising on the site.
CNET |
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GDocs vs. ThinkFree vs. Zoho vs. MS Office
CWmike writes "Web-based productivity suites, once almost a contradiction in terms, have become real challengers to desktop applications. Google Docs, ThinkFree, and Zoho, have all made major improvements in recent months. They're becoming both broader, with more applications, and deeper, with more features and functionality in existing apps. The question is: Are these three applications really ...
Slashdot |
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Google 2Q letdown raises economic worries
Thu, Jul 17, 2008 (5:45 p.m.) Google Inc.'s earnings growth bogged down more than investors anticipated during the second quarter, raising worries that the ailing U.S. economy is starting to sap the Internet search leader.
Las Vegas Sun |
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Summary box: Google gives give new reason to worry
Thu, Jul 17, 2008 (5:45 p.m.) RED FLAG: Although its growth rate remains impressive, Google's earnings missed analyst estimates and CEO Eric Schmidt acknowledged the economic climate is "challenging."
Las Vegas Sun |
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posted by Eugenia Loli-Queru on Wed 10th Sep 2003 03:36 UTC
With the computer market exploding into success the last 20 years more and more movies are featuring people using computers.
New Mobile Computing |
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Google's disappointing $5 billion earnings
The impact of a slumping economy on an Internet powerhouse.
KGO-TV Bay Area |
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Sheriff’s Dept: Leads on missing laptops being investigated
The case of the 26 missing laptops at Keyser High School totalling approximately $20,000 in missing property is still under investigation by the Mineral County Sheriff’s Department, but no suspect has been charged.
Mineral Daily News-Tribune |
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Adman silences critics with divorce details
A MILLIONAIRE businessman has silenced critics branding him a “tight, ruthless bastard” by putting his divorce settlement on the internet.
Irish Examiner |
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Recent Original Stories
On October 6, Novell officially released SUSE Linux 10, the latest edition of its heavily armed desktop operating system. It offers a choice of great-looking desktop environments, a gigantic selection of desktop software and the much-acclaimed YaST setup and configuration program.
OS News |
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Summary box: Google gives give new reason to worry
(AP) — RED FLAG: Although its growth rate remains impressive, Google's earnings missed analyst estimates and CEO Eric Schmidt acknowledged the economic climate is "challenging."
The Post-Standard |
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More online child protection urged
Not enough is being done to protect children using the internet, the head of the UK unit dedicated to tackling online paedophiles has said. Police, governments and industry giants have yet to decide how to target predators in the virtual world, Jim Gamble said.
ic Ealing.co.uk |
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Yahoo may revisit News Corp if AOL dims: source
NEW YORK (Reuters) - Yahoo Inc is unlikely to get into a bidding war over AOL with Microsoft Corp because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp's Web properties, a person with knowledge of the plans said on Thursday.
Reuters.co.uk |
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Voodoo Envy Impressions Roll In [Laptops]
Laptop and Maximum PC have gotten their hands on Voodoo/HP's Envy 133 thinnest-of-the-thin power notebooks and had some light hands on time. Nothing too shocking has been uncovered—it looks as good...
Gizmodo |
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Women Comprise 40 Percent of U.S. Gamers
New research shows evolving demographics of entertainment software users.
GameSpy |
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Google Declines as Profit Trails Analysts' Estimates (Update1)
July 17 (Bloomberg) -- Google Inc. fell as much as 12 percent in late trading after reporting earnings that missed analysts' estimates on a surge in spending on new projects and costs to defend YouTube in a copyright lawsuit.
Bloomberg.com |
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U.S. Futures Fall on Google, Merrill, Microsoft Earnings Misses
July 18 (Bloomberg) -- U.S. stock-index futures retreated after Google Inc. , Merrill Lynch & Co. and Microsoft Corp. missed analysts' profit estimates, indicating the market's rally may be short-lived.
Bloomberg.com |
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