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Kevin Kelleher writes a regular stock column at TheStreet.com and is a contributor to Wired, Popular Science, and GigaOm. He has previously worked asa reporter and editor at Bloomberg News, Wired News, and The Industry Standard.- more about Kevin Kelleher »
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- Microsoft Takes on the Cloud Crowd
- Microsoft continues to grind ahead on its relentless and glacial drive to take over Yahoo, but less noticed in the business press is that it's also making headway on another front: on enterprise software as it moves into the cloud. In enterprise software, cloud computing has centered...
- Blog posts 2008-04-25
- U.S. Banks Losing Ground in Debt Underwriting
- Banks in Asia, Europe and Canada are growing more active in underwriting the debt that companies raise to finance buyouts, the Daily Deal reported, mentioning HSBC, Royal Bank of Canada, Barclays Capital, Société Générale and Bank of Ireland. The non-U.S. banks are handling a larger share of...
- Blog posts 2008-04-25
- Marissa Mayer Talks Google
- Marissa Mayer is Google's vice president for search products and user experience, a title that as is long as her role is important at Google. She isn't as visible as the trio of Eric Schmidt, Larry Page and Sergey Brin is, but has a lot of insights into the company's...
- Blog posts 2008-04-24
- Legg Mason Manager Sees End of Panic, Start of Value
- Bill Miller famously outperformed the S&P 500 for the first 15 years he managed Legg Mason's Value Fund. Almost as famously, he has underperformed that benchmark for the last two years. Now he's sticking his neck out and saying the worst is likely over in the financial sector. For...
- Blog posts 2008-04-24
- Apple: iPhone Demand Looks Strong Globally
- Years ago, Apple used to have problems managing its inventory. It would launch a hot new product, and offer up far fewer than there was demand for. While Apple has since learned better, it still found itself at the end of March with "stockouts" - or low inventories - of...
- Blog posts 2008-04-23
- Union Bank of California Sells Insurance Unit to BB&T
- Union Bank of California has fared much better than many larger banks in the face of a souring mortgage market, but that hasn't kept it from taking a more cautious approach. So it's selling its insurance subsidiary, Union Bank Insurance Services, to BB&T Insurance of Raleigh, N.C. ...
- Blog posts 2008-04-23
- Terry Semel's Ghost Still Haunts Yahoo
- The ghost of Terry Semel still hangs over Yahoo, as well as its financials. Semel, who joined Yahoo in 2001 after 24 years of rising through the ranks at Warner Bros. studios, steered the company through hard times, eventually driving the stock to a record high of...
- Blog posts 2008-04-22
- Nomura Busted for Insider Trading
- If you wasted as much time watching Gilligan's Island reruns as I did, you might remember the now prescient episode where the island was running dry of drinking water. The Skipper assigns Gilligan the task of guarding the water well. While Gilligan sleeps on the job, the...
- Blog posts 2008-04-22
- Packeteer Hints Tech M&A Still Active
- The M&A market may have slowed down a bit even in the tech sector, but there are still signs of life. Take Packeteer, the Cupertino, Calif.,-based bandwidth-management software company. It had drawn the attention of two hedge-funds controlled by Elliott Associates as well as a higher-priced offer from Blue...
- Blog posts 2008-04-21
- ADS to Blackstone: Goodbye ... And Where's My $170 Mil?
- Anyone who's ever been through a bad breakup has got to give credit to Alliance Data Systems. The Dallas-based credit card transaction processor ended its $6.4 billion agreement to sell itself to affiliates of Blackstone Group. And it added this message: "It's not me, it's you." To...
- Blog posts 2008-04-21
- KeyCorp, Comerica, PNC See Builder-Loan Problems
- The damage to banks caused by underperforming or defaulted mortgages is well known. Now there is starting to be evidence that banks are getting hurt by another big area of the real-estate industry: development. Builders have taken out loans for developments in what had been some of...
- Blog posts 2008-04-18
- IT's Unsung Hero: The Business Analyst
- As technology plays a larger role inside companies, the lines between what is an IT call and what is a business call is getting blurred. That has made the business analyst - whose role in bridging IT and business operations makes it equal parts geek and diplomat - more central...
- Blog posts 2008-04-18
- Google's Ranks Grow Faster Than Its Revenues
- A year ago, Google announced to much fanfare it would buy DoubleClick for $3.1 billion. A month ago, Google said it would lay off workers in the target company who overlapped with its own staff. True to its word, Google reported Thursday it had laid off 10 percent of DoubleClick's...
- Blog posts 2008-04-17
- Are VCs Encroaching on Hedge Funds' Turf?
- Eric Upin, who left his post as Chief Investment Officer for Stanford University's investment group, has resurfaced at VC shop Sequoia Capital. He's not going far: moving his desk a mere four miles as the crow flies. But there are whispers that, what this job jump lacks...
- Blog posts 2008-04-17
- Wachovia's Golden West Becomes Golden Albatross
- The big loss at Wachovia yesterday may have been a surprise, but according to the company's hometown newspaper the writing had been on the wall all along. Charlotte Observer writer Rick Rothacker took a long hard look at the spoke that got stuck in Wachovia's wheels -...
- Blog posts 2008-04-16
- eBay's Dog-Friendly Workplace
- Once upon a time there were two friends who made a music-sharing program called KaZaA. It was very popular, and the two friends followed it up with another program called Skype, which let everyone make phone calls pretty much for free over the Internet. They became subversive...
- Blog posts 2008-04-16
- Infosys: Lean Times Benefit Outsourcers
- If Infosys is any kind of guide, companies haven't responded to the economic slowdown by slashing away at their IT budgets but by switching to providers who can do the job for less. Infosys posted its first ever billion-dollar profit in the year that ended March 31,...
- Blog posts 2008-04-16
- Student Loan Corp. Loves Loans, Hates Students
- One of the scary things about the Great Credit Crunch of 2008 is that the contagion of lending fear could spread from mortgages to other activities dependent on debt - such as credit cards, home equity loans and even student loans. And now, halfway through April, exactly...
- Blog posts 2008-04-16
- Apollo IPO Filing Shines Light on Opaque World of Private Equity
- Private equity makes up a sizable and growing share of the $53.4 trillion in global assets under management. Yet the private-equity investor remains a faceless if formidable player in the financial markets. The prospectus for Apollo Global Management, filed last week, gives a few interesting glimpses. Private...
- Blog posts 2008-04-15
- Samsung Fights for Comeback in Digital TV
- Several years ago, Samsung Electronics made a name for itself in television by creating sets with sharp, colorful displays and thin but large screens. Although its brand has dimmed in recent years, the company is gunning to make a comeback, again in television but relying on different technologies. ...
- Blog posts 2008-04-15
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