Finance

Beleaguered Eastman Kodak (EK) is suing Apple (AAPL) alleging patent infringement tied to digital imaging technology. “Our primary interest is … to obtain fair compensation for the unauthorized use of our technology,” said Laura G. Quatela, chief operating officer at Kodak, in a press release. “We have invested hundreds of millions of dollars creating our...

Beware the headline that says a large hedge fund or institutional investor  whittled its stake in LinkedIn. It probably did nothing of the sort. In November 2011, following the May IPO of the business networking site, employees at LinkedIn (LNKD), were allowed to monetize their holdings within a brokerage account, according to a spokesman. Many...

When Hewlett-Packard reports earnings after the close Monday, analysts will be looking for fiscal fourth quarter earnings of about $1.13 on flat revenues. But what’s just important is what CEO Meg Whitman, in her first quarterly meeting since taking the helm, says about where profits area headed, and how the company will allocate the money...

Semiconductor maker Marvell shares are active today, likely on the fact that yesterday’s earnings were not only indicative of a bottom in the cycle, and not any worse than expected, but actually positive. Marvell Technology (MRVL) was up about $1, or 7%, to $14.72. Here are some analyst insights on the earnings call and outlook:...

With RIMM’s BlackBerry Bold 9790 and BlackBerry Curve 9380 just about to hit stores, Canaccord Genuity technology analyst Michael Walkley is lowering his price target on Research in Motion. With new phones, what hurts the stock? Competition, he says. The iPhone 4S, price-competitive Android smartphones, improving Windows smartphones and the launch of Kindle Fire tablet...

TechCrunch.com offers a mixed, but mostly positive, review of the new Kindle Fire. The newest Kindle e-reader from Amazon.com (AMZN) on sale, with its Google (GOOG) Android system, has a color touch screen and sells for $199.  It doesn’t compete with the iPad from Apple (AAPL), says Erick Schonfeld, a self-described “Apple Fan Boy” and...

Brazil’s phone business will grow faster than GDP, as wireless voice and data replace fixed lines, and TIM Brazil (TSU) is the “natural winner” write the team of analysts at Bernstein Research Friday as they initiate coverage. They also write that Telefônica Brasil, which trades in the U.S. as (VIV) has a wireless business that...

The former CEO of Automatic Data Processing was charged with criminal domestic violence on Nov. 6, three days before he retired, the Wall Street Journal reported late Thursday. Automatic Data (ADP), which manages payroll for many U.S. workers and administers benefit programs, called the departure of Gary C. Butler, 65, a routine one at the...

Salesforce.com shares sank after the company reported billings that were below expectations, despite fiscal 2013 guidance that was ahead of expectations. Shares of Salesforce.com (CRM) fell $8.59, or nearly 7%, to $117.75 in after-hours trading. The cloud-computing company’s gross profit as a percentage of revenue fell year over year. Billings — revenue, plus change in...

Intuit reported a loss per share Thursday that was pennies better than what Wall Street expected. Shares of Intuit (INTU) were up slightly, trading near $52, after losing about 3% of their value Thursday. The company confirmed in an SEC filing that it would pay its cash dividend in January; the stock’s yield is about...

Salesforce.com, with nearly 20% of its business in Europe, has traded down today ahead of a quarterly earnings report at 5 p.m. Eastern time. Shares of Salesforce.com (CRM) had fallen about 4% before the close to $125 and change. Analysts are expecting the company to beat estimates for earnings of 31 cents per share on...