The tech sector recovery will leave some behind July 23, 2009 WHEN Apple sneezes, the whole technology industry catches a cold. That’s why its stunning results earlier this week saw analysts reaching for their rose-tinted spectacles. With the news coming hot on the heels of a bullish outlook from chipmakers Intel and Texas Instruments, several pundits called an end to the technology sector’s woes. Yesterday’s Gartner [...]
Google wins UK libel case July 20, 2009 The High Court ruled yesterday that Google is not liable for defamatory comments that appear in its search results. In a landmark ruling Mr Justice Eady said its search engine was not responsible for comments relating to Metropolitan International Schools, a distance learning business. The court said Google was a “facilitator” and not a publisher [...]
Autonomy slips on missed forecasts but banks lift FTSE July 16, 2009 UPBEAT results from JP Morgan boosted banks while energy and pharmaceutical stocks also gained, leading Britain’s top share index to close at a one-month high, up for a fourth session yesterday. The index was trading in slightly negative territory in early trade but the JP Morgan results which were announced around mid-session lifted the FTSE [...]
JPMorgan adds to cheery mood in US July 16, 2009 US stocks rallied for a fourth day yesterday after JPMorgan’s strong results fed growing optimism about the quarterly earnings season and technology shares rose in anticipation of more good news. Gains in International Business Machines helped the market shake off its earlier malaise. The broad S&P 500 extended the week’s gains to tally its best [...]
Google profit fails to excite July 16, 2009 GOOGLE’S quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on sales growth and the price of its search ads. Shares in Google, led by chief executive Eric Schmidt, fell 3 per cent after the results which exceeded average forecasts but failed to live up to [...]
Google profit fails to excite July 16, 2009 GOOGLE’S quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on sales growth and the price of its search ads. Shares in Google, led by chief executive Eric Schmidt, fell 3 per cent after the results which exceeded average forecasts but failed to live up to [...]
Microsoft topples Google as consumers’ top brand July 15, 2009 SOFTWARE giant Microsoft has reclaimed its title as the number one UK brand in the UK, overthrowing rival Google, which claimed the crown last year. Bill Gates’ firm moved from second to first place in the 12th annual Superbrands survey, dealing its latest blow in the ongoing battle between the firms for industry dominance. In [...]
Microsoft to launch web-based Office July 13, 2009 MICROSOFT will release three versions of its dominant Office software that users can access over the Web, in the latest salvo in an intensifying war between Microsoft and Google. Microsoft will offer consumers free web-based versions of its Office suite of programmes, including a word processor, spreadsheet and presentation software. The move will see Microsoft [...]
Microsoft to launch web-based Office July 13, 2009 MICROSOFT will release three versions of its dominant Office software that users can access over the Web, in the latest salvo in an intensifying war between Microsoft and Google. Microsoft will offer consumers free web-based versions of its Office suite of programmes, including a word processor, spreadsheet and presentation software. The move will see Microsoft [...]
US hard hitters to lead the markets July 12, 2009 This has all the makings of a highly volatile week for the markets, as second-quarter earnings numbers from the US really get into their stride. With the losing stretch for many stocks now reaching four straight weeks, these blue chip updates could prove pivotal in shaping market direction. The highlights to watch out for are [...]