Last Week's Top Tech News
Buyouts, bum guidance, and a broadening decline for a one-time titan made up the top tech news this week. Here's a closer look at two stocks that soared and two that soured.
Buyouts, bum guidance, and a broadening decline for a one-time titan made up the top tech news this week. Here's a closer look at two stocks that soared and two that soured.
The path to profits for most of Corporate America lately has been cutting costs rather than raising revenue. But a careful look reveals a few companies that are poised to deliver real revenue growth. We've found six with a plus: Their stocks look like bargains.
The potential for impressive growth of its server adapter products is acknowledged even by its larger rivals, including Broadcom, which tried, unsuccessfully, to acquire Emulex last year.
The earnings crunch rolls on this coming week, and analysts are looking for strong quarterly results, especially from Avon, Broadcom, Chevron and Southwest Airlines. Motorola, Weyerhaueser and Sunoco are expected to revert to profit from losses in the same quarter last year.
Cisco's positive earnings reflected a broader good news story among technology companies, which seem to be enjoying a recovery. During the second quarter, the networking gear maker's revenue climbed to $9.8 billion -- up 8% from the year-ago quarter. But will the tech rebound last?





