Mark Moskowitz News
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Fusion-io Inc. plunged the most ever after replacing Chief Executive Officer David Flynn with Shane Robison, a former Hewlett-Packard Co. senior leader associated with a disastrous deal by his prior employer.
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Apple Inc.’s quarterly profit is projected to shrink for the first time in a decade, hurt by products with lower profit margins and slower iPhone-sales growth.
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Apple Inc. declined to the lowest price in 11 months after the Nikkei newswire reported that production of the iPhone was cut on weak demand.
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JPMorgan Chase & Co. analyst Mark Moskowitz said research from his colleagues in Asia about a cut in Apple Inc. iPad orders doesn’t represent the views of the securities firm’s U.S. team.
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International Business Machines Corp., following a deal to buy Texas Memory Systems Inc., vowed to continue its five-year shopping spree by acquiring more companies in the storage industry.
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The Standard & Poor’s 500 Index declined from near a five-year high as Apple Inc.’s slump amid concern about iPhone sales offset a rally in Dell Inc.
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Hewlett-Packard Co.’s $8.8 billion writedown tied to the purchase of software maker Autonomy Corp. is fueling concern that Chief Executive Officer Meg Whitman and her board aren’t up to the task of engineering a turnaround.
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Apple Inc., after years of hyper growth, is starting to look more like a value stock, according to some analysts reacting to the iPhone maker’s financial results.
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Apple Inc. is set to post a 69 percent jump in quarterly profit when it reports results today, after record buying of the iPad and Mac computer made up for weaker demand for its aging iPhone 4.
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Apple Inc. is cutting orders to vendors in the supply chain for its iPad tablet computer, a move that may result in slower sales for companies including Hon Hai Precision Industry Co., JPMorgan Chase & Co. said in a report.
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