“The Street thought RIM’s Q1 was an easy beat-and-raise layup, but the BlackBerry maker (narrowly) missed both revenue and EPS estimates, and issued weak profit and subscriber addition guidance for Q2. Shares traded down 10% after-hours, below $129, and will almost certainly drop Thursday morning.”
(Read more…)
RIM Spending Now To Keep Growth Going
Citi poised to fire thousands
Citigroup is readying to cut 10% of 65,000-person investment banking group worldwide, The Wall Street Journal reports. (Read more...)
25 top-performing tech stocks
Business 2.0 posted an article about the 25 top-performing tech stocks, including the charts and history of each stock.
1. iMergent (IIG)
2. Akamai Technologies (AKAM)
3. Daktronics (DAKT)
(More…)
S&P Passes Record Close
“NEW YORK – Wall Street reached another milestone during a muted session Monday, when the Standard & Poor’s 500 index briefly passed its record close of 1,527.46 for the first time in more than seven years.” – Yahoo! News
Real Estate & Wealth Expo
Learning Annex is offering a real estate and wealth expo with guest speakers such as Donald Trump, Anthony Robbins, and George Foreman. It is to take place in Ft. Lauderdale, New York, Toronto, Chicago, and Boston. The two-day expo also features over 70 other speakers.
Patagonia
Patagonia: Blueprint for green business. The story of how Patagonia founder Yvon Chouinard took his passion for the outdoors and turned it into an amazing business.
(Fortune Magazine) — “There is no business to be done on a dead planet.”
“These words, a quotation from the legendary Sierra Club executive director David Brower, are the first thing you see when you walk into Patagonia headquarters in Ventura, Calif., and really, you can’t miss them, given that they’re etched into the front door.”
