Google (NASDAQ:GOOG) seems to be facing some headaches despite an upbeat quarter. The company’s attempts to expand its China operations met with problems after a cyber attack in December of last year. Also, some new applications are the subject of government concerns on user privacy. Such are the realities of growing up.
Over the past decade, IBM (NYSE:IBM) with annual revenue of $95.8 billion, has followed a smart strategy by exiting low-margin “commoditized” businesses and focusing on higher margin software and services. Yesterday the company reported a 13% increase in its first quarter profit and raised its outlook for the rest of the year. Let’s take a
The real estate sector finally seems to be recovering in many parts of the United States. According to ZipRealty’s recent report, the number of homes listed for sale in 27 metropolitan areas grew 4.2% over the previous month in February. However, there is still a long way to go. Compared with a year ago, inventory
This week, Intel’s (NASDAQ:INTC) strong results gave a boost to stocks worldwide as CEO Paul Otellini went on to say during the earnings call that “the industry is nearly fully recovered.” The ramp of its new mobile products also led to the better than expected results. Let’s take a closer look.
The solar power industry is going through a cloudy patch right now. The solar-focused exchange-traded fund, TAN, is down 24% this year driven by increasing price pressure, subsidy cuts, and the growing capacity of Asian, in particular, Chinese, players. Earlier this year, the world’s largest solar panel market, Germany, announced a subsidy cut of 10%.
Rob Glaser, founder of RealNetworks (NASDAQ:RNWK), resigned as CEO in January. Bob Kimball is its new president and interim CEO. Kimball joined the company in 1999 and for 10 years was responsible for legal matters and business development. During the fourth quarter earnings call, he outlined a plan to exit the content businesses and focus
The healthcare industry is set to undergo the most fundamental set of changes since the establishment of Medicaid in 1965 following the signing of the much-debated Health Care Reform Bill. The act, signed a few weeks ago, guarantees access to medical insurance to nearly 30 million Americans who currently lack it. It will require nearly 16
A recent report by the NPD Group said that U.S. toy sales were retlatively flat over the year at $21.47 billion in 2009 compared to $21.65 billion in 2008, with overall unit sales falling 0.5% over the year. Toy makers launched promotional events during the holiday season, which helped keep the revenues flat despite a