Archive for the ‘Company News’ Category

Citigroup Turns to Robert Rubin

Sunday, November 4th, 2007

In the wake of Charles Prince’s departure, the former Treasury Secretary is named chairman. His first order of business: finding a new CEO

Original post by AnthonyK

Citi: That Sinking Feeling

Thursday, November 1st, 2007

The banking giant’s shares flounder after analysts downgrade the company, citing a lack of capital and exposure to shaky credit pools and subprime mortgages

Original post by AnthonyK

A Costly Cleanup for Merrill’s Mess

Monday, October 29th, 2007

It’s official: Stanley O’Neal is out as CEO. But the challenges facing his successor are daunting

Original post by AnthonyK

City National: A Smart, Solid Banking Play

Monday, October 29th, 2007

S&P says City National is one of the strongest midcap financial institutions it covers, and rates the shares a strong buy

Original post by AnthonyK

Microsoft Results Turn Heads

Thursday, October 25th, 2007

Despite reliable growth, Microsoft’s unsexy stock has often failed to attract jaded investors. Its spectacular first-quarter earnings have changed that

Original post by AnthonyK

Microsoft and Facebook Hook Up

Wednesday, October 24th, 2007

The $240 million deal offers the software titan an appealing slice of online advertising—and a $15 billion valuation for Facebook

Original post by AnthonyK

VMware Proves Its Value

Wednesday, October 24th, 2007

The maker of &quotvirtualization&quot software has beaten the market’s expectations, becoming the most successful recent tech IPO

Original post by AnthonyK

Apple Blasts Past the Forecasts

Monday, October 22nd, 2007

The iPod, iPhone, and especially the Mac fueled a record-breaking quarter. And Apple expects to beat the consensus again next quarter

Original post by AnthonyK

Google Earnings Beat Estimates—Again

Thursday, October 18th, 2007

The search megalith reported stellar third-quarter earnings, though it warned that margins may thin as it makes needed investments

Original post by AnthonyK

Intel, IBM: Tech Resilience on Display

Tuesday, October 16th, 2007

The duo’s strong third-quarter results indicate the sector hasn’t been hurt by housing’s troubles or the credit crunch. But can it last?

Original post by AnthonyK