Author: Tim Frederick

Wal-Mart Stores, Inc. (NYSE:WMT) will experience a turnaround in revenue and profit this holiday season, according to Stephens’ managing director John Lawrence. Speaking on CNBC, Lawrence said he expects the retailer to continue to improve in the coming months leading into the holidays, despite Wal-Mart Stores, Inc. (NYSE:WMT)’s lowering their own year-long expectations this week. “We’ve seen the last several years, when Wal-Mart is in stock and Wal-Mart lets the consumer know that their everyday low price and their aggressive on-price, they usually win the battle, and we will see again this year that they will be aggressive in some…

Intel Corporation (NASDAQ:INTC) furthered its aim of becoming a global leader in network infrastructure solutions by purchasing the Axxia Networking Business from Avago Technologies Ltd (NASDAQ:AVGO). The $650 million cash purchase nets Intel Corporation (NASDAQ:INTC) the networking business of former Silicon Valley company LSI Corp, which Avago purchased in May for $6.6 billion. It’s not the first such move by Avago to spin off some of LSI’s assets; the Singapore-based company agreed shortly after purchasing LSI to sell the flash business of that company to Seagate Technology PLC (NASDAQ:STX) for $450 million. For Intel Corporation (NASDAQ:INTC), the purchase nets them…

BlackBerry Ltd (NASDAQ:BBRY)’s Z30 smartphone was named the consumer product of the year by the Best in Biz 2014 Awards International committee, comprised of analysts and members of the business, finance, and technology media. The Z30 won the gold award, while MicroStrategy Incorporated (NASDAQ:MSTR)’s MicroStrategy Analytics Desktop took home silver. It’s yet another prestigious award for the Z30, which also took home a Red Dot Product Design Award last month. BlackBerry Ltd (NASDAQ:BBRY) in fact took home three of those awards during that evening, for their Z30, Q5, and Q10 smartphones. Judging for the Best in Biz awards was conducted…

On the surface, the news doesn’t look all that good for Cisco Systems, Inc. (NASDAQ:CSCO) following their most recent earnings report. Though their revenue of $2.25 billion for the quarter ending July 26 beat estimates, it was still another slight decline in earnings from a year ago for the Silicon Valley hardware giant. Hot on the heels of the earnings report, Cisco Systems, Inc. (NASDAQ:CSCO) further announced that they would be slashing 6,000 jobs from their global workforce, which accounted for about 8% of it. Despite the rather dire sounding news, Strategic Analysis Chairman Ross Healy believes Cisco Systems, Inc.…

Time Warner Inc (NYSE:TWX)’s former CEO, Dick Parsons, the current interim CEO of the recently sold Los Angeles Clippers NBA franchise, spoke with Bloomberg regarding the failed takeover bid of Time Warner Inc (NYSE:TWX) by Twenty-First Century Fox Inc (NASDAQ:FOXA) and chairman Rupert Murdoch. “[…] I know Rupert well, and I would say categorically, Rupert’s a friend of mine, and I love his swashbuckling spirit, and so who could blame him for going after what I still think is the best jewel in the jewelry box, in the media space. But, what’s the value of Time Warner? Somewhere in my view in…

Apple Inc. (NASDAQ:AAPL) is in the midst of readying their Healthkit mobile app for release with their upcoming iPhone 6 (and any other future iOS 8 devices), and envision it as a centralized hub where patients and health professionals would be able to store and access a wide range of health data gathered from all manner of sources, according to re/code. “Apple is going into this space with a data play. They want to be a hub of health data,” Forrester Research’s health care analyst Skip Snow was quoted as saying. Apple Inc. (NASDAQ:AAPL) has already forged partnerships with Nike, Mayo…