Archive for April, 2009

Microsoft sets May 5 date for Windows 7 RC public release

By Gregg Keizer April 25, 2009 (Computerworld) Microsoft Corp. confirmed Friday that it will make Windows 7 Release Candidate (RC) available to the general public on May 5, a date that had leaked last weekend when a company site briefly published …

Amazon Shares Back Near High On Earnings Report

By Dan Gallagher Despite a sharp run-up over the past three months, shares of Amazon.com Inc. (AMZN) made further gains Friday after the online retailer surprised Wall Street with strong earnings growth for the first quarter.

Apple Shares Rise After Positive 2Q Earnings Surprise

By Dan Gallagher Apple Inc. (AAPL) traded about 3% higher shortly after market open, one day after reporting a surprise gain in net income for its second fiscal quarter as sales of the company’s iPod and iPhone products came in ahead of expectations.

GM: Some Bondholders Want Bankruptcy

While many bondholders would be wiped out, others would be richly rewarded through credit default swaps. Also, Pontiac may close By David Welch With the Treasury Dept.

US Stress-Test Accounting May Make Banks Raise Capital Levels

By Craig Torres and Dawn Kopecki April 25 (Bloomberg) — Financial regulators may force many of the largest US banks to raise new capital or conserve extra cash after accounting for assets held off their balance sheets.

Time to Get Rich Quick (Again)

JOSEPH HUFF-HANNON joins the dreamers that believe quick money can be found amidst the real estate rubble.

Microsoft CFO: Recovery ‘Will Be Slow And Gradual’

With significant drops in quarterly net income and revenue, Microsoft chief financial officer Chris Liddell said during the company’s earnings call Thursday he could “not be happy” with the company’s results.

G7 officials offer sunnier outlook on global economy

By Greg Robb, MarketWatch WASHINGTON (MarketWatch) — The top economic officials of the world’s seven biggest nations said they were taking the necessary steps to get the global economy back on track and that growth should begin to recover later this …

New Home Sales Fell 0.6 Percent in March

After surging unexpectedly in February, new homes sales declined slightly last month, while prices continued to tumble.

NYMEX-Crude ends up as Wall Street gains, dollar dips

* Wall Street extends gains after “stress test” news * Euro at 1-week high vs dollar on German confidence NEW YORK, April 24 (Reuters) – US crude oil futures ended higher on Friday for the fourth day in a row as Wall Street extended gains and as a …

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