Facebook IPO shows galactic divide between investors
NEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, skepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ... Water World: New 'Super-Earth' Found
Scientists report they have found an exoplanet -- a world orbiting a distant star, 22 light-years away -- that they call the best candidate yet to be the right temperature for liquid water and, perhaps, life. It is labeled GJ 667Cc, and it is located in the constellation Scorpio.
  Dell results disappoint Street, shares dive
 SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares. Shares in the company, which like rival Hewlett-Packard Co is losing market share to mobile devices such as Apple Inc's iPad, dived more than 11 percent in after hours trade. The world's No. 3 PC maker forecast a 2 to 4 percent revenue gain this fiscal quarter, to $14.7 billion to $15 billion, well short of the $15.4 billion Wall Street had been expecting. ...
Watch: TechBytes 5.17.12
Google introduces their new "knowledge graph" search function.
How chips, PCs, services companies are faring
A look at how selected companies providing computers, components, services and related software are faring: Advertisement:
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