The S&P 500 is up 50 percent from its March lows, a rebound that has helped to thaw the IPO market from the deep freeze it entered last fall. Twenty-one companies have gone public on U.S. markets so far this year, 10 of them technology firms.… Read More »
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Kevin Kelleher
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The good news that came out of TiVo this week was that, encouraged by an initial $105 million patent-infringement ruling against DISH/Echostar, the company is now suing AT&T and Verizon with similar complaints. The bad news is that this is what passes for good… Read More »
Following months of bearish stories about the prospects for thin-film solar, First Solar delivered the kind of results for the second quarter that Wall Street likes to refer to as “blowout.” Revenue and net income nearly doubled in the recent 3-month period and both… Read More »
Waiting for eBay to spin off Skype into the stock market? Don’t hold your breath. A legal battle with a company controlled by Skype’s founders could delay the move until at least the second half of next year — and possibly put the entire offering… Read More »
Cleantech companies are painting a cautious but encouraging picture with their most recent quarterly numbers. A week after solar panel maker SunPower posted surprisingly strong earnings, EnerNOC has delivered better-than-expected numbers and raised its forecast for the rest of the year. In the quarter ended… Read More »
At first glance, it looks like eBay and Amazon are swapping fortunes. eBay’s stock rose 11 percent the day after it posted second-quarter earnings this week, while Amazon’s stock dropped 8 percent in the wake of its own report. Amazon reported better numbers —… Read More »
The past year has been a brutal one for solar companies. Capital dried up, as did demand for solar goods. Prices dropped while inventories grew. But if SunPower’s earnings are any indication, some solar companies are weathering the harsh market in ways that can still… Read More »
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Is the recession over already? Intel and IBM this week posted stronger-than-expected numbers and raised guidance for future quarters, pushing the Nasdaq 7.5 percent higher and inspiring some to hope a recovery was imminent, if not already here. But with all due respect to the bulls (and… Read More »
Count me among the skeptics who see Google’s Chrome OS announcement this week as, first and foremost, an effort to induce pain in its longtime rival Microsoft. And a pointless one at that. Many people writing about Chrome OS have argued that there’s a sound… Read More »
Cleantech IPOs have been in short supply this year, despite the need of many startups for capital. But this week should bring at least one piece of encouraging news: Come Tuesday, geothermal energy producer Magma Energy, based in Vancouver, British Columbia, is expected to see… Read More »
Things may finally be turning around for troubled satellite radio venture Sirius XM. Following a long and costly merger, the company became desperate for new financing just as credit dried up, and managed to avert bankruptcy only by selling 40 percent of itself to John… Read More »
So now we know the dark, sinister story: Steve Jobs took someone’s liver in Memphis. Yes, it’s true! I read it in the Wall Street Journal. After sequestering himself in the haunted, Faulknerian chambers of some abandoned manor in the city of Elvis… Read More »
Ever since Netscape started storing cookies in its browsers, there has been a Jekyll-and-Hyde nature to the web. The Jekyll web promised a more personalized experience, with sites serving ads for products and services that you would actually be interested in — ads that are more… Read More »
As eBay tinkers with its e-commerce site, CEO John Donahoe has been making the case that the company is turning around. But as we’ve noted, while some of the changes look encouraging, it’s not clear whether enough buyers are returning to the site. Today,… Read More »
Is any tech CEO more reviled by his or her own customers than eBay’s John Donahoe? In online forums, sellers seethe about the higher fees and site changes he’s implemented. They write and sign petitions calling for his ouster. Even eBay employees voted… Read More »
Hoku Scientific, which makes polysilicon used by solar manufacturers, weighed in with another quarter of plunging revenue and red ink on Thursday. It also warned investors that it may lack “sufficient funds to complete the construction of its polysilicon plant” or even enough “to continue… Read More »
First Solar has been under pressure lately from analyst downgrades and financial publications warning of a solar glut. On Tuesday, an analyst at Broadpoint AmTech stepped in with some reasons why the stock might rally beginning with the company’s analyst’s day, scheduled for June… Read More »
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