Nov 21, 2008 10:57am EST by Aaron Task in Investing, Recession
Any way you slice it, the 2008 is shaping up to annus horribilis for the U.S. stock market. Heading into Friday’s session, in which an early rally effort quickly faded, the S&P was down 49% year-to-date and on track for its worst year ever. [...]
CUPERTINO, Calif. (MarketWatch) — Apple Inc. unveiled new additions to its line
of laptop computers Tuesday, including a model targeted to the lower-priced,
sub-$1,0000 market that could be a popular draw for consumers in a slowing
economy.
At an event at the company’s Cupertino, Calif., headquarters, Apple (AAPL) said
it will cut the price of its cheapest MacBook model to [...]
I don’t think apple (AAPL: 92.70 0.00%) is undervalued in short term
Apple is a company that has been earning abnormally high earnings in the past 4 years or so compared to other companies in the same industry. When this is the case, Earnings per share is not a good tool to use as they don’t [...]
Rating reiterations for Oct. 13 from Briefing.com:
Company Ticker Brokerage Firm Rating Change
Akamai Tech AKAM [...]
SAN FRANCISCO (Dow Jones)–International Business Machines Corp. (IBM) said
Tuesday it was making its Lotus Notes tools, including email and calendar
applications, available for Apple Inc.’s (AAPL) iPhone.
Armonk, N.Y.-based IBM said that the latest version of Notes would allow
customers to access the software via the Safari browser on the iPhone.
The iPhone, which is still primarily a consumer [...]
Apple Starts Selling Unlocked IPhones In Hong Kong
Last Update: 9/27/2008 1:00:29 AM
HONG KONG (AFP)–Apple Inc. (AAPL) has started selling unlocked models of its
popular iPhone 3G in Hong Kong which allow users the freedom to select the
telecoms provider of their choice.
The eight-gigabyte version was on sale Saturday at Apple’s online store for 5,400
Hong Kong dollars (US$700), [...]
DOW JONES NEWSWIRES
The American Customer Satisfaction Index edged down in the second quarter despite
big gains in online commerce, and the drop may signal more trouble ahead for the
world economy.
The index, produced by the University of Michigan’s Ross School of Business, fell
0.1 point to 75.1 on a 100-point scale, after a 0.3-point [...]
Morgan Stanley: Technology Stocks Losing Momentum
Last Update: 7/28/2008 8:48:31 AM
By Ed Welsch
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)–Technology stocks will likely underperform as overly
optimistic earnings expectations are reconciled with a slowing global economy,
Morgan Stanley told clients Monday.
The firm said that the technology sector’s momentum seemed to be slowing [...]
Microsoft Seeks To Assuage Street’s Software, Web Concerns
Last Update: 7/23/2008 3:13:23 PM
By Jessica Hodgson
Of DOW JONES NEWSWIRES
SAN FRANCISCO (Dow Jones)–The challenge for Microsoft Corp.’s (MSFT) future will
be to let go of its past.
For years, the Redmond, Wash., software giant’s Windows operating system and
Office suite of applications have dominated [...]
By Todd Harrison
Last Update: 7/23/2008 12:01:00 AM
NEW YORK (MarketWatch) — Where you stand is a function of where you sit. In
today’s marketplace, where you sit is a function of time.
As crosscurrents commingle on Wall Street, 2008 is shaping up to be one of the
toughest tapes in recent memory. With massive amounts of information and
razor-thin margins [...]
Could smart-phone war boost sluggish cell market?
Commentary: Rising tide not yet lifting all boats in wireless business
By Therese Poletti, MarketWatch
Last Update: 6/26/2008 12:01:00 AM
SAN FRANCISCO (MarketWatch) — In a few weeks, the Apple faithful and other
gadget mavens will line up as part of the mad rush to be among the first to buy
the new 3G [...]
Pep Boys, Verizon, Apple, Texas Instruments
By MarketWatch
Last Update: 6/9/2008 6:18:00 PM
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to
see active trade in Tuesday’s session are Pep Boys, Verizon, Apple and Texas
Instruments.
Pep Boys (PBY) is expected to report a loss of 4 cents a share in the first
quarter, according to analysts surveyed by [...]
US Technology Sector Gains; Yahoo Drama In Spotlight Again
Last Update: 6/5/2008 10:27:57 AM
By Rex Crum
Technology shares were mostly on the rise in early trading Thursday as the latest
involvement of Carl Icahn in the Yahoo Inc. (YHOO) saga highlighted the sector’s
action.
Late Tuesday, Icahn published a letter to Yahoo Chairman Roy Bostock, calling for
the resignation of Yahoo [...]
Stock Rating Reiterations: AAPL AF CAT CATY CRNT CERN
Last Update: 4/21/2008 10:30:00 AM
Rating reiterations for April 21 from Briefing.com:
Company Symbol Brokerage Firm Reiterations
Apple [...]
Among the companies whose shares are seeing active trade in Thursday’s session
are Ford Motor Co. (F), Raytheon Co. (RTN), and Motorola Inc.’s (MOT).
Ford Motor Co. (F, $8.04, $0.52, 6.91%) swung to a first-quarter profit of $100
million, or 5 cents a share, amid cost reductions in North America and strong
profits in its international regions led by [...]
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