Apple shares are under modest pressure Tuesday after Morgan Keegan analyst Tavis McCourt downgraded the firm, citing macroeconomic weakness and Apple’s exposure to state and local governments, whose budgets are coming under severe pressure.McCourt’s downg
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: stock news | No Comments »
Gen. David Petraeus told Congress that security gains in Iraq were “fragile and reversible” in a progresss report. Video courtesy of Reuters. (April
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: mavens, stock news | No Comments »
Advanced Micro Devices dropped another (stink) bomb Monday night, forecasting first-quarter revenues below expectations and announcing plans to cut 10% of its workforce.AMD said it had “lower than expected sales across all business segments,” an
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: stock news | No Comments »
Alan Greenspan is taking his “reputation reclamation project” to new heights with a lengthy interview with The Wall Street Journal’s Greg Ip.Greenspan admits to a few errors in judgment and that he was “praised for things I didn’t do,”
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: stock news | No Comments »
Tuesday is shaping up as a key test of the market’s recent flirtation with optimism.Will traders focus on the “good news” coming from Washington Mutual, which raised $7 billion from TPG ($2 billion more than rumored Monday) and Goldman Sachs, wh
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: stock news | No Comments »
Gen. David Petraeus told Congress that security gains in Iraq were “fragile and reversible” in a progresss report. Video courtesy of Reuters. (April
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: mavens, washington and your money | No Comments »
From Silicon Alley Insider, April 8, 2008:Like Steve Ballmer, Wall Street appears to be getting tired of Yahoo’s waiting game (YHOO).It has been a while since big shareholders like Legg Mason’s Bill Miller came out publicly to say that Microsoft (MSFT) ne
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: stock news | No Comments »
Yahoo finally answers Microsoft’s ultimatum; Air travelers have worst year according to a survey; Apple gets hit with a downgrade while Alcoa and AMD disappoint. (April
Sphere: Related Content
Posted on April 8th, 2008 by
Filed under: mavens, stock news | No Comments »