Tech: Microsoft's weak earnings lead tech stocks into the red

Date: Thu, 22 Jan 2009 18:00:31 -0500

Tech Stocks: Microsoft's weak earnings lead tech stocks into the red
1/22/2009 4:28 PM ET
Tech stocks put in a broadly negative trading session as the overall
sector closes in the red following a slate of negative business
reports from tech giants Microsoft, Nokia and Intel.

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Google's profit slips, but company beats estimates
1/22/2009 5:59 PM ET
Google Inc. posts a sharply lower fourth-quarter profit that still
beats Wall. Street analysts' estimates for a period in which it took
over $1 billion in charges related to the plummeting value of some
strategic investments.

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AMD posts narrower loss, accuses Intel of sowing uncertainty
1/22/2009 5:36 PM ET
Advanced Micro Devices Inc. posts a narrower fourth-quarter loss,
stung by a deep drop in computer microprocessor sales in what Chief
Executive Dirk Meyer describes as an industry with poor visibility.

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Lockheed Martin grows fourth-quarter profit; 2009 view lowered
1/22/2009 5:13 PM ET
Lockheed Martin Corp. reports that fourth-quarter profit edged up 3%
as robust earnings in its technology-based segments offset a slump in
aerospace and space systems.

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With iPods selling well, Apple closes with strong gains
1/22/2009 4:11 PM ET
Shares of Apple pull back from their high point, but remain up by more
than 6% in afternoon trading after the consumer-electronics company
defied expectations by reporting upbeat quarterly results fueled by
strong sales of iPod media
players.

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Obama gets to keep 'enhanced' BlackBerry
1/22/2009 4:03 PM ET
Commander in Chief Barack Obama, a known BlackBerry addict, doesn't
have to surrender his smartphone after all.

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Microsoft reports drop in earnings, plans to lay off 5,000
1/22/2009 3:02 PM ET
Microsoft rattles investors by releasing a disappointing quarterly
earnings report and announcing that it will lay off as many as 5,000
workers, a. startling development for a company that has taken pride
in avoiding such sweeping job cuts in its roughly 33-year history.

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Telecom Stocks: Nokia, telecom stocks tumble on wireless weakness
1/22/2009 1:22 PM ET
Shares of the world's top wireless-phone maker,
Finland's Nokia Corp., sank more than 11% Thursday after issuing weak
quarterly results and a dour forecast for 2009, sending most
telecommunications stocks lower.

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AMD expected to post bigger fourth-quarter loss
1/22/2009 12:15 PM ET
Advanced Micro Devices Inc., the second largest maker of computer
microprocessors, is expected to report a bigger fourth-quarter loss as
the chip industry struggles through a severe downturn.

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Nokia losing its grip on high-end phones
1/22/2009 11:55 AM ET
LONDON Nokia Corp., the world's top mobile-phone maker, is
rapidly losing ground to rivals like Research in Motion, Apple and
even HTC at the high end and must urgently refresh its portfolio in
this lucrative segment of the market, analysts cautioned Thursday.

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A sobered Google poised to report results
1/22/2009 11:52 AM ET
Google Inc. will follow a round of layoffs and the shuttering of a
number of peripheral products by reporting fiscal fourth-quarter
results after the
market's close, and analysts are looking for the company to post an
increased profit.

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Emerging Markets Report: Korea's GDP posts sharpest drop since Asian crisis
1/22/2009 11:34 AM ET
South Korea's economy posts its sharpest deterioration since the Asian
financial crisis, highlighting how hard the region has been battered
by the global economic downturn.

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EBay shares slide on first-time earnings decline
1/22/2009 11:27 AM ET
EBay Inc. shares slide more than 10% after the online auction provider reports
disappointing revenue for the fourth quarter and warns that the current period
would also disappoint.