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Friday, November 20, 2009
   
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November 2009
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Business


Business Update: Dell, Sony disappoint
Friday, 20 November 2009
Worries about the tech sector persisted for a second day after Dell missed forecasts and Sony's turnaround plan failed to soothe economic jitters.
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Google Uncrates Chrome
Friday, 20 November 2009
Google shows off its new Chrome operating system. Plus, cuttin' a rug at the Microsoft Store, a tough choice for AOL employees and an update on Oracle's standoff with the European Union (Nov. 20).
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Hot Stocks: Tech Slide Focuses on Dell, H-P
Friday, 20 November 2009
Tech issues fell across the board Friday, sparked by investor disappointment over Dell's latest earnings report. MarketWatch's Dan Gallagher reports from San Francisco.
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Downgrades: VRSN, DELL, DRI
Friday, 20 November 2009
This morning, Wedbush Morgan downgraded shares of VeriSign (VRSN) from Outperform to Neutral as the firm expects revenue and margin growth to slow. Furthermore, analysts with the firm do not expect an uptick for either in 2010 and warns investors that new catalysts won't appear until at least 2011.
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Nokia to Cut 330 R&D Jobs
Friday, 20 November 2009
Nokia (NOK) said today it is cutting 330 jobs in its research and development operations. The cuts will affect 230 employees at its Oulu site in Finland, and 100 employees in Copenhagen.
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