S&P Downgrades Nokia. Again.

Clearly, S&P is not at all convinced that Nokia’s turnaround is a sure thing.
Nokia_sink_hole

S&P to Nokia: Whatcha Gonna Do With All That Junk, All That Junk Inside Your Trunk?

Three nasty credit downgrades in a row.
Got_junk

Dueling Market Caps: Apple and Microsoft

Well look at that: With a float-adjusted market cap of $241.5 billion, Apple is now the second largest company on the S&P 500, ahead of Microsoft. But on a full value basis, it’s not.

Tech Stocks Earnings Coming: Frothy Days Are Here Again?

Earnings from a spate of top digital companies will be reported in the coming days, including for Google (April 15), Yahoo (April 20), Apple (April 20), eBay (April 21), Netflix (April 21), Amazon (April 22) and Microsoft (April 22). Most Wall Street analysts expect good news from the group as a whole, especially as the economy recovers. Bright points include the e-commerce and advertising markets, both of which have been rebounding. In addition, extensive cost cuts over the last year and easy year-over-year comparisons for most companies will brighten the financial picture.

Citi: Worst May Be Over for Internet Stocks

More fuel for the “things may not be getting worse, and may even be getting a little bit better” meme that I’ve been detecting (or perhaps promulgating ) recently: Citigroup analyst Mark Mahaney notes that the Internet stocks he covers are up an average of 28 percent so far this year while the tech-heavy NASDAQ is only up seven percent and the broader S&P is down two percent. If this keeps up, we might have an M&A market again. Wouldn’t that be interesting?
inflating-balloon

Voices

S&P Sees Microsoft-Yahoo JV, Google-Apple Tensions

‘Tis the season to make year 2009 predictions. Today, Standard & Poor’s analysts released their predictions for the Internet in 2009. Internet analyst Scott Kessler says Microsoft and Yahoo will “finally bury the hatchet” next year “and decide to join forces to better compete against Google.”

S&P Announces Motorola JNKR

Today brought with it nasty news for Motorola. Standard & Poor’s slashed its corporate credit rating on the long-suffering handset maker, noting that the company’s troubled mobile business is likely to continue what is already a two-year downward slide.

S&P Announces Motorola JNKR

Today brought with it nasty news for Motorola. Standard & Poor’s slashed its corporate credit rating on the long-suffering handset maker, noting that the company’s troubled mobile business is likely to continue what is already a two-year downward slide.

Voices

Nasdaq Plunges 199–or 9 Percent–Among Worst Days Ever

The Nadsaq Composite today plunged 199.61, or 9.14 percent, to 1983.73, as investors fled equities amid a growing sense of crisis in the financial sector. Stocks started off sharply lower this morning; the slide accelerated after the House rejected a proposed $700 billion buyout of the financial sector.