Archive for June, 2009

The Grounded Plane: Boeing delays 787 Dreamliner

Submitted by WC Power Tech Fund
Technical complications, worker strikes, and everything in between has at one point or another hampered Boeing’s (BA) ability to deliver its much-delayed 787 Dreamliner aircraft. The stock took an almost 7% dive today, adding to a 40% drop in the last year and a 50% drop since October of 2007. [...]

Markets sink Monday on Economics as Politics rears its head

Submitted by WC Power Tech Fund
Well, the week that wasn’t, was it fact followed swiftly by heavily directed market action. The bears came out Monday and sent stocks lower from the start of trading as the Dow has been hovering another the minus 200 point total all afternoon.
Weak economic signs triggered some of the sell-off, [...]

The Non-Week that was. Markets remain flat

Submitted by WC Power Tech Fund
Although financially, politically and economically a lot happens each and every week in this game, sometimes you wouldn’t know it by looking through the stock pages. Both the Bulls and Bears are pushing for some direction but neither is making any headway.
The tally on the S&P for the week, barring [...]

Apple cuts Mac prices, unveils Software and new iPhone at WWDC

Submitted by WC Power Tech Fund
The yearly developer showcase that is Apple’s (AAPL) Worldwide Developer Conference (WWDC) kicked off with a keynote, once again sans-Jobs, but was packed with several software and hardware announcements.
Consider Palm’s (PALM) highly touted Pre smart phone sold well in its first weekend the landscape for telecom mind share had shifted [...]

Console Makers battle for fans taking over Gaming Expo

Submitted by WC Power Tech Fund
Video Games and Movies, the two business channels that were least hit by floundering worldwide economics. Box Office receipts and attendance are at or near records and the growth of gaming, while pausing slightly, still stands out as a tech sector on the rise. With gaming options like Nintendo’s (NTDOY) [...]