FeedPosted Nov 20th 2009 8:20AM by Michael Fowlkes (RSS feed)
Filed under: Major movement, Forecasts, Bad news, Products and services, Dell (DELL), Technology, Recession, Financial Crisis
After-hours traders punished Dell (DELL) stock Thursday, following a weak third quarter earnings report from the technology giant.
Going into the afternoon earnings release, analysts had been expecting to see the company show earnings of 28 cents per share. Actual earnings came in much lower at 23 cents per share.
Continue reading Dell sells off hard after hours, following weak third quarter earnings
Posted Nov 17th 2009 4:20PM by Joseph Lazzaro (RSS feed)
Filed under: Products and services, Industry

From the this-is-long-overdue department, legislation introduced in the U.S. Senate would allocate as much as $20 billion in federal funds over 10 years to develop energy technology and double the nation's nuclear power output,
Bloomberg News reported.Legislation co-sponsored by U.S. Sen. Lamar Alexander, R-Tennessee, and U.S. Senator Jim Webb, D-Virginia, would offer $100 billion in loan guarantees for nuclear plants, which would amount to a $10 billion federal government liability. The bill would also fund research in solar energy, carbon capture, and other energy technologies.
Continue reading Look for U.S. to play catch-up regarding nuclear power in the decade ahead
Posted Nov 16th 2009 11:20AM by Tom Johansmeyer (RSS feed)
Filed under: Products and services, Competitive strategy, Google (GOOG), Apple Inc (AAPL), eBay (EBAY), AT and T (T), iPhone, Technology
BT Group, which virtually owns the UK telecommunications market, isn't waiting for Google (GOOG) to launch a full attack. The company probably expects to be under assault from the search engine (and advertising and e-mail) giant, so it's taking early action. Google Voice is still being tested, but words like "free" and "powerful" and "internet-based" are bound to inspire fear in even the most established of companies.
To protect itself from the eventual attack from Mountain View, BT picked up Ribbit Mobile, and testing is in progress. Ribbit's technology has some overlap with Google Voice and even beats it with a few capabilities, according to Bloomberg. Ribbit just launched its beta product this month. It allows either the user's current phone number or a new one from Ribbit -- which is no different from Google's alternative. The product suite is generally the same, with phone- and web-based voicemail retrieval and automatic transcriptions that can be sent by text message or e-mail. For an extra fee, BT's Ribbit does provide human transcription, though it is free during testing. And, calls can be taken directly from a computer, using a microphone and speakers.
Continue reading BT and Google battle over the spoken word
Posted Nov 13th 2009 10:15AM by Mark Fightmaster (RSS feed)
Filed under: Products and services, Marketing and advertising, Target Corp. (TGT), Black Friday

Black Friday, as the day after Thanksgiving has come to be known, is the day when most retailers get themselves back into the black. It is also a bargain-hunter's delight. In the age of Internet, several websites emerged dedicated to helping shoppers decide in front of which store to pitch their tents. One of those sites,
GottADeal.com, has reportedly landed Target's (
TGT)
Black Friday ad. Target, it appears, is taking a rather aggressive approach to the upcoming Holiday shopping season.
According to the website, the retailer will offer a 32-inch Westinghouse LCD HDTV for $246, which GottADeal.com's founder Brad Olson calls the "lowest price that we've ever seen for that model." The ad also touts $3 toasters and coffeemakers, and 50% discount on kids' clothes and toys.
Continue reading Target's Black Friday prices are leaked
Posted Nov 10th 2009 5:45PM by Connie Madon (RSS feed)
Filed under: Major movement, International markets, Products and services, Management, Competitive strategy, India, China, Market matters, Money and Finance Today, Japan, Commodities, Oil, DJIA
The stock market is rallying. Commodities are on a tear. Yet the dollar is falling. Why?
There are several reasons for the drop in the dollar, but the most obvious and simple answer is that investors around the world are selling dollars and using the money to buy stocks and commodities, particularly oil and gold.
Last week India announced that it had bought 200 tons of gold from the International Monetary Fund (IMF.) At an average of say $1000.00 per ounce, the transaction amounted to about $7 trillion dollars. Chances are that India sold dollars from their sovereign fund to buy the gold.
Continue reading Why do we have a weak dollar?
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