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Apple Beats The Street

Apple’s fourth-quarter profits jumped 67 percent on its Macintosh computer business, continued iPods sales and the amazing launch of the iPhone.
For the forth quarter that ended Sept. 30, Apple earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share during the same quarter last year.
Apple easily beat the expectations of the Street’s prediction of 86 […]

Microsoft Cuts Royalties

   Microsoft has reached an agreement with the European Commission and had agreed to three substantial changes:
The company will now charge a one-time fee of 10,000 euros ($14,310) for companies that want “complete and accurate” technical information to help them make software compatible with Microsoft’s Windows desktop operating system.
Secondly, it will allow that data to […]

NYSE Euronext Joins S&P 500

  Its a Big Day for the Big Board.  NYSE Euronext joins the S&P 500 replacing Hilton Hotels after the closing bell on Oct 24.  The index also said NYSE Euronext will replace retailer Limited Brands Inc. in the S&P 100. Limited’s market capitalization is now about $7.9 billion, which ranks it 100th in the […]

Googles 3Q Jumps

    Google Inc. has another fantastic quarter, justifying the investor confidence that lifted its stock price by more than $100 during past month.  Google has been able to quickly establish itself as a leader in Silicon Valley. Overcoming a traditionally slow season for Web surfing, Google said Thursday that it earned $1.07 billion, or $3.38 per share, for the three […]

LandAmerica Worth A Look

I saw this on Morningstar.com and thought it was a good read:
LandAmerica Financial Group (NYSE:LFG - News)
LandAmerica proved that it can create long-term value and share it with stockholders by paying them nice dividends and buying back stock. Morningstar analyst Jim Ryan, who covers LandAmerica, thinks that the main risk with this name is a […]

Microsoft Links Phone To Office

   Microsoft launched two new programs that allow people to place calls right from the Outlook e-mail program.  The latest versions of Office Communications Server 2007 and Office Communicator 2007 add voice calling and video conferencing. Computer users looking at an e-mail in Outlook can see whether the sender and other recipients are online and […]