Palm, Inc.
News and overview for Palm, Inc.
Research In Motion cuts profit and sales goals - MarketWatch
MarketWatch | 1 day 1 hour 19 minutes ago
WASHINGTON (MarketWatch) -- BlackBerry maker Research In Motion Ltd. slashed its earnings and revenue targets for the fiscal third quarter, becoming the latest maker of mobile devices to pare estimates as the world economy languishes.
Marvell powers sector back into black - MarketWatch
MarketWatch | 1 day 1 hour 20 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks closed higher Wednesday, powered by Marvell Technology, whose shares jumped more than 20% on better-than-expected quarterly results.
U.S. stocks end higher for second day on mortgage hopes - MarketWatch
MarketWatch | 1 day 1 hour 21 minutes ago
NEW YORK (MarketWatch) -- U.S. stocks turned solidly higher in another roller-coaster ride of a day on Wednesday, after data showing a large surge in mortgage refinancings bolstered shares of financial and consumer discretionary companies.
Tuesday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 2 days 11 hours 29 minutes ago
TEL AVIV (MarketWatch) - Stocks expected to move significantly in trading on Tuesday include Boeing, Goldman Sachs, Palm, Sears Holdings, Titan Pharma, UAL and Zoltek.
US Technology Stocks Mixed; Research In Motion Cuts 3Q Views
Wall Street Journal, The | 1 day 8 hours 42 minutes ago
Technology stocks were mixed Wednesday after Research In Motion (RIMM) cut its third-quarter earnings and sales estimates, highlighting the uncertainty in the global economy. Chip maker Marvell Technology's (MRVL) stock jumped more than 16% to $5.92 after releasing third-quarter results that exceeded Wall Street projections.
Treo Pro Smartphone Now Available in Latin America From Carriers in Seven Countries [Press Release]
Business Wire | 9 days 10 hours 3 minutes ago
Palm, Inc. (Nasdaq:PALM) today announced the Treo Pro™ smartphone is now available in Latin America from carriers in seven countries:
Yahoo jumps on new sale report; Palm tumbles on revenue warning - MarketWatch
MarketWatch | 2 days 5 hours 15 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks rallied Tuesday as the broader market surged following the previous session's brutal sell-off.
A Big Bet on BP's Strength, and Doubts About RIM
Wall Street Journal, The | 1 day 8 hours 43 minutes ago
Options traders adopted a bullish view of energy giant BP PLC after the company's chief economist said it could sustain dividends and capital expenditures despite a drop in oil prices.With trading in BP at twice the normal level, investors picked up 25,000 calls that allow them to buy the company's stock and 7,000 puts that allow them to sell it, according to Track Data.
RIM Lowers Outlook; BlackBerry Sign-Ups Short of Goal
Wall Street Journal, The | 1 day 8 hours 46 minutes ago
Research in Motion Ltd. became the latest smartphone maker to lower its outlook for the latest quarter, coming at a time of slumping demand and heightened competition in the smartphone market. Despite the reduced forecast issued Tuesday night, the BlackBerry maker said strong demand for new products such as the Storm has continued into the current quarter, which started Sunday. RIM added it is working to make sure there are sufficient product supplies.
Stocks in focus for Tuesday - MarketWatch
MarketWatch | 2 days 22 hours 32 minutes ago
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Tuesday's session are Staples Inc., Sears Holdings Corp., and Marvell Technology Group Ltd.
Schaeffer's Market Blog: Palm Slashes Payroll as Smartphone Competition Remains Stiff [Press Release]
Business Wire | 10 days 7 hours 33 minutes ago
According to a Reuters report yesterday, smartphone maker Palm Inc. (NASDAQ: PALM) is the latest U.S. firm to announce job cuts. Company spokeswoman Lynn Fox reported that layoffs will start this week, though she didn't specify how many positions would be eliminated. "The goal is to consolidate resources and focus our efforts more effectively," Fox stated. Sunnyvale, California-based Palm employs 1,050 workers.
Tech Shares May Fall Further
Wall Street Journal, The | 8 days 12 hours 30 minutes ago
SAN FRANCISCO -- Shares of technology companies have lost roughly half their value since worries about the economy began wracking the market earlier this year. If past downturns are any indication, they still may have 18 months and another 50% to fall.Intel Corp. has lost 50% since the end of October 2007, when the overall stock market peaked. Despite that drop, the chip giant has held up better than other tech luminaries. Internet leader Google Inc. is down 64%, mobile phone maker Nokia Corp...
Zacks Analyst Blog Highlights: Tesoro Corp., Saks Inc., Celanese, Palm, Inc. and Research in Motion Ltd. [Press Release]
Business Wire | 13 days 13 hours 3 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesoro Corp. (NYSE: TSO), Saks Inc. (NYSE: SKS), Celanese Corporation (NYSE: CE), Palm, Inc. (Nasdaq: PALM) and Research in Motion Ltd. (Nasdaq: RIMM).
Treo Pro Smartphone by Palm Launched on Vodafone New Zealand Network [Press Release]
Business Wire | 28 days 10 hours 3 minutes ago
Palm, Inc. (Nasdaq:PALM) today announced the Treo™ Pro smartphone on the Vodafone New Zealand network. With its streamlined design and Palm’s ease-of-use innovations layered on Windows Mobile 6.1 Professional, Treo Pro is a unique combination of sleek simplicity and robust productivity -- including email, Wi-Fi and GPS capabilities(1) -- that meets the needs of businesses and end users alike.
Beacon Equity Issues Technical Trade Alerts on Market Movers: PALM, INWK, XIDE, TQNT, MCGC, SONS [Press Release]
PRNewswire | 13 days 4 hours 3 minutes ago
DALLAS, Nov. 21 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.
Sign up for CTIA SmartBrief
Company Overview
| Company: | Palm, Inc. |
|---|---|
| Industry: | Handheld Computers & Accessories |
| Website: | http://www.palm.com |
Palm has always had a hand in the development of mobile communications. A leading provider of handheld computers, the company offers products ranging from entry-level devices to pricier models that include Internet access and other advanced features. The Palm line tops out with its Treo line of smart phones. The company sells its products directly and through distributors, wireless service carriers, retailers, and other resellers. Its carrier partners include ALLTEL, AT&T, Sprint Nextel, and Verizon Wireless. Palm markets its products worldwide; about a quarter of its sales are generated outside the US.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,318.7 (2008) |
|---|---|
| One-year % Growth in Sales | -15.5 (2008) |
| Net Income in U.S. Dollars (mil.) | -105.4 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 1,050 (2008) |
| One-year % Growth in Number of Employees | -15.8 (2008) |
| Fiscal Year-End | May |
