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What Does Facebook Have to Do?
August 22, 2012
Facebook has long lingered well below its debut IPO value. But lately the stock has experienced an even harder hammering than usual. Anything less than a 100 percent increase in earnings over its next quarter will result in a price drop as low as $7 per share, according to Global Equities Research's Trip Chowdhry. What does it need to do to break the slump?
September Is Put-Up or Shut-Up Time for Apple
August 22, 2012
Apple was recently crowned the most valuable public company in history. But in order to keep that title, its next iPhone, expected to go on sale next month, will have to be a huge hit. That could very come to pass. A report from FBR Market's Craig Berger predicted the upcoming phone could sell as many as 250 million units over its lifecycle.
Apple's Record-Breaking Value: Hard to Reach, Hard to Keep
August 21, 2012
The stock market can't get enough of Apple, it would seem. On Monday the company's shares passed the $664 mark, setting a new record as the most valuable publicly traded company in history. On Tuesday morning the legend continued: Apple's stock rose close to 1 percent, trading at $671.30 per share before hitting a mid-morning decline.
Best Buy Investors Groan as Buyout Fizzles and New CEO Steps Up
August 21, 2012
Best Buy has named Hubert Joly the company's new CEO, the electronics mega-retailer announced Monday. The struggling chain, which faces growing competition from online and discount retailers, said it chose Joly for his expertise in turnaround and growth. Prior to taking the position at Best Buy, Joly was the CEO of Carlson.
Apple's Television Vision
August 18, 2012
Apple has been sizing up the world of television for a long time now with very hungry eyes. The company almost never reveals its plans out loud, of course, but if you test the PH level of the rumor pool, it's starting to look a lot like it did about six years ago, just before the first iPhone came along.
Facebook Takes Another Header
August 17, 2012
By now Facebook must rue the day it went public -- or at least rue its initial offering price of $38 per share. On Thursday, the company's stock closed at $19.88, after hitting a low of $19.69. Early Friday, it hit a new low of $19.01 -- half its IPO value, plus a penny. By mid-day, it had recovered slightly to $19.14.
Angie's List Takes a Wallop on Wall Street
August 15, 2012
Wall Street has been in a foul mood over Internet stocks, and online professional recommendation company Angie's List has not escape the market's wrath. Its stock fell 15 percent on Tuesday -- a selloff that appears to be largely related to the end of a 90-day lockup period for shares issued in a secondary offering earlier this year.
AAPL Investors Hold Hands Out for Long-Awaited Dividend
August 15, 2012
Apple shareholders will be paid a dividend on Thursday as part of the company's $10 billion share buyback program announced in March. Starting on Aug. 16, shareholders of record will receive $2.65 per share each quarter. When it announced the dividend, Apple was coming off a quarter that blew away Wall Street expectations.
Groupon Investors Head for the Hills
August 14, 2012
After posting revenue growth of 45 percent from a year prior, many companies would see an increase in stock price reflecting investor confidence. However, daily deal leader Groupon posted its first-ever quarterly profit as a public company and quickly saw its shares fall to new lows. This isn't normally how things work -- why the investor worries?
Is Microsoft Bottoming Out? - Part 2
August 11, 2012
You'd think that Microsoft was all but dead, judging by some of the industry scuttlebutt. Microsoft's tactical and strategic technology and business missteps are well publicized and dissected ad infinitum. Less well documented are Microsoft's strengths -- from both a consumer and enterprise perspective -- and there are plenty of those.
Mayer Mulls Putting Alibaba Cash to Work
August 10, 2012
Newly hired Yahoo CEO Marissa Mayer is reportedly considering a change in business strategy for the company, beginning with a restructuring plan that would use the revenue from Yahoo's Alibaba sale for long-term investment options rather than an immediate payback to shareholders. Yahoo announced in May it would sell half of its 40 percent stake in the Chinese Internet company in a $7 billion deal.
HP Groans Under Weight of Failed EDS Merger
August 09, 2012
HP dropped a bombshell on the investment community: The tech conglomerate said it was taking a goodwill charge, or write-down of $8 billion. The write-down is widely assumed to be associated with HP's $14 billion acquisition of EDS four years ago. The charge is expected to result in a mammoth-sized quarterly net loss when HP reports its results later this month.
Apple's Fancy New Social Play
August 08, 2012
Recent reports suggest Apple might be weighing a jump into the online social world. With Facebook and Google bringing in ad revenue and additional exposure from their social networks, the company may be looking to invest in a social startup of its own. Apple is reportedly in talks to purchase The Fancy, a social e-commerce site that has been likened to Pinterest.
HTC Sputters in Global Smartphone Race
August 06, 2012
Even with the launch of new products, HTC's second quarter fiscal results came in lower than expected, with revenue down on the year and a sober outlook going forward. The smartphone maker launched new lines, including the HTC One series, Desire series, EVO 4G LTE and Droid Incredible 4G LTE, as well as a wireless digital content program called "HTC Connect."
Apple v. Samsung: The Trial and the Tribulations
August 04, 2012
Samsung and Apple have been battling it out in courtrooms all over the world for months, if not years, with the worldwide conflict becoming kind of a dull hum in the background. This motion goes that way, that one goes this way, lawyers keep lawyering, whatever. But what's going on in California this week is supposed to be the case that's actually exciting, because it's come to the point of a real trial.
Is Microsoft Bottoming Out? - Part 1
August 04, 2012
It's been a busy summer for Microsoft and chief executive Steve Ballmer. In recent weeks, it's made several positive moves. However, they've all been overshadowed by three things: its first quarterly loss ever; a scathing article, "Microsoft's Lost Decade," in Vanity Fair, and some sharply critical advance buzz about Windows 8. What goes on here? Whoa. Are things really as bad as all that?
How Low Can Facebook Go?
August 03, 2012
It is hard to remember that only a few months ago, the market was greedily speculating about how high Facebook's stock might go. Fast-forward to one IPO debacle, several negative research reports, the departure of several top executives, and a lukewarm earnings report, and the question is now fearfully being asked in reverse. How low can Facebook go?
Mountain Lion Sells Like Hotcats
August 01, 2012
Apple's new version of its operating system, OS X Mountain Lion, launched last week in what the company said was the biggest debut for any OS X edition ever, exceeding 3 million downloads in four days. The new OS has more than 200 new features, including enhanced iCloud integration and a greater emphasis on sharing and storing data across multiple Apple devices.
Social Media Olympics Becoming Social Media Headache
July 31, 2012
Today in international tech news: London claims that the 2012 games are the first-ever "social media Olympics," but that boast has come with headaches. Elsewhere, investors appear to have taken note of Chinese e-commerce giant Alibaba's rapid growth; Palestine is becoming a tech hub; more.
Does Facebook Need a Miracle?
July 30, 2012
Facebook is a great company with a massive following -- and a lousy stock price. Facebook erred greatly when it priced its stock at $38 per share for many reasons -- not the least of which is that everything it will ever do will be viewed through that overpriced prism.

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