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Posted Tuesday July 8, 2008, 6:48 am, Over one day old
Staples shares were slipping Tuesday in sympathy with competitor Office Depot, whose shares tumbled after its mid-morning profit warning. Ahead of Office Depot's red flag, I sat down with
Read Staples CFO Sees No Rebound in 2H of 2008 (Links)
Posted Tuesday July 8, 2008, 6:48 am, Over one day old
As the first Dow component to report, Alcoa kicks off the unofficial start to second-quarter earnings season after the close today. Expectations are low generally for Alcoa and for earnings season overall. Analysts are looking for the aluminum giant to su
Read High Commodity Costs to Pressure 2Q Profits (Links)
Posted Tuesday July 8, 2008, 6:48 am, Over one day old
Fears about Fannie Mae and Freddie Mac retreated somewhat Tuesday after their federal regulator, OFHEO Director James Lockhart, said new accounting rule changes should make "no difference in the risks of the two firms." On Monday, Freddie and Fa
Read We're All Homeowners: Nationalization of Fannie, Freddie Unavoidable (Links)
Posted Tuesday July 8, 2008, 6:48 am, Over one day old
From Silicon Alley Insider, July 8, 2008: The bottom just fell out of virtualization software firm VMware: Shares are down some 26% to $39.33 after the company ankled its CEO and said full-year revenues will fall short of expectations. ...
Read VMware Tanks as CEO Greene Gets Ousted (Links)
Posted Tuesday July 8, 2008, 6:48 am, Over one day old
The stock market was struggling to make much headway Tuesday morning even as oil prices retreated again and Ben Bernanke reiterated the Fed's willingness to aid ailing Wall Street firms. Still, the market is technically poised for a "relief rally,&qu
Read Get Ready for a Classic, Technically-Driven Rally (Links)
Posted Monday July 7, 2008, 6:14 am, Over one day old
In a bear market, rallies die quickly - but this is ridiculous. After trading as high as 11,399 before noon Monday, the Dow then swooned to as low as 11,120 before recovering some ground (and dignity) in the final hour, closing down 0.5
Read Financials Still Calling the Market's Sickly Tune (Links)
Posted Monday July 7, 2008, 6:14 am, Over one day old
From Silicon Alley Insider, July 7, 2008:Already fortunate enough to be included in Apple's (AAPL) iPhone/iPod touch developer program? Want your apps to launch with the store this Friday? Better get them in by 3 p.m. ET today, according to an alleged App
Read Really, Last Call For iPhone Apps, Apple Tells Developers (Links)
Posted Monday July 7, 2008, 6:14 am, Over one day old
From All Things Digital, July 7, 2008:Microsoft?s not the only one possibly backing billionaire investor Carl Icahn in his quest to unseat Yahoo?s leadership and board?major Yahoo investor Gordon Crawford told Yahoo CEO Jerry Yang in a f
Read Major Yahoo Investor Leans Toward Backing Carl Icahn Too (Links)
Posted Monday July 7, 2008, 6:14 am, Over one day old
Is Google too powerful for its own good? That's the premise of "Google's Inner Conflict," a Portfolio.com story which details how the search giant's inroads into other areas is causing conflicts - and potential conflicts - on its board of direct
Read Google's Board Facing Loss of Intellectual Bandwidth (Links)
Posted Monday July 7, 2008, 6:14 am, Over one day old
With Microsoft conditionally re-reviving its interest in buying Yahoo, the already high stakes just got raised for this week's big media summit in Sun Valley, Idaho. ...
Read AOL: Will Internet's Old Maid Be Belle of Sun Valley Ball? (Links)
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