investors

At Intel's investor meeting Tuesday, CEO Paul Otellini discussed how the company is moving to system-on-chip technology in a big way.

Otellini began by saying that the market outlook remains positive. "A little better than we expected. So far, so good." He said he was "more firm in my belief that we will see seasonality in the second half," alluding to Intel's expectation that the PC market should pick up in the second half of the year. Otellini added that Gartner's forecast of a PC sales decline between 9 and 10 percent in … Read more

SANTA CLARA, Calif.--At its annual meeting of shareholders, Hewlett-Packard Chief Executive Mark Hurd assured attendees that despite the economy, the company would be well-positioned against the competition.

"The market is getting tougher; all the hard work we've done up to this point has put us in a favorable position," he told the roughly 90 people in attendance.

There were just two items of business on this year's agenda--10 nominees to the board, all of whom were elected or re-elected, and selection of a new accounting firm--but neither were as contentious as the pointed question-and-answer period … Read more

Y Combinator on Monday announced that it has raised a $2 million venture fund with the aid of Sequoia Capital and angel investors.

In making the announcement, Y Combinator noted that it plans to increase the number of start-ups it funds to 60 a year, up from 40.

For Web services and software start-ups, that may bode well. Y Combinator focuses its investments on those two sectors and funds companies that are in their early stages.

As it notes, one unusual twist to this venture firm is its reliance on the strength of entrepreneurs' ideas, rather than on their business … Read more

INDIAN WELLS, Calif.--There's a new cliche in the clean-tech investment community, and we can thank Charles Dickens for it.

As Dickens put it at the start of A Tale of Two Cities: "It was the best of times, it was the worst of times." Who knew pulp fiction about pre-revolutionary France had lessons for 21st-century clean-tech investment?

Here at the Clean-Tech Investor Summit, investors say that signs indicating the energy business is poised for dramatic change have never been stronger, with an Obama administration making energy central to a massive stimulus package.

To understand the "… Read more

TheStreet.com named co-founder and high-profile market commentator Jim Cramer as its chairman, in a move to separate the dual role of its Chief Executive Thomas Clarke.

The investor Web site noted that the separation of duties will allow Clarke to focus more on his efforts as CEO, during a period when the company is moving through a difficult economic environment.

The move by TheStreet.com to separate the positions is one that corporate America has increasingly embraced, though mainly to address corporate governance issues that have become a hot button in the era of Sarbanes-Oxley.

Shares of Foundry Networks soared more than 17 percent in premarket trading Thursday, after the company announced last evening that its merger with Brocade was still alive but at a lower purchase price.

Under the revised agreement, Brocade reduced its purchase price for the Santa Clara, Calif.-based switching and routing provider to approximately $2.6 billion from its initial agreement of $3 billion. Foundry shareholders are entitled to receive $16.50 a share in cash for every share of the company they own, verses $18.50 a share in cash and 0.0907 shares of Brocade common stock in … Read more

The investment firm gobbling up shares of Sun Microsystems might look tough, but it usually avoids playing hardball with executives.

Sun got a wake-up call last week from its largest single investor, Southeastern Asset Management, which added the hardware maker to its list of companies for which it has switched from being a passive investor to an active one, with regard to corporate governance, operations management, and increasing shareholder value. But while the road ahead may be bumpy with this activist shareholder, which had $34 billion in assets under management as of the end of September, it will likely be … Read more

Update at 4:45 p.m. PDT, with information from Foundry's proxy filing on adjourning the meeting to get more shareholder votes.

Foundry Networks delayed a meeting to vote on its merger with Brocade Communications Systems until next week, after failing to get enough investors to support the deal.

Foundry called a special shareholders meeting at 10 a.m. PDT on Friday to vote on its proposed merger with Brocade, which was valued at approximately $3 billion when it was announced in July.

But shortly before 2 p.m., Foundry announced it would adjourn the meeting until Wednesday at … Read more

Despite a down day for the broader markets Friday, a handful of tech stocks swam against the tide, posting modest single-digit gains.

Google, Symantec, and eBay were just some of the tech companies to finish the day in the black. The CNET Tech Index was down a modest 1.59 points to end the day at 1,185.55.

Google closed up 5.53 percent to $372.54 a share, which comes as little surprise considering the tech titan posted stronger-than-expected third-quarter earnings results on Thursday. And on Friday, a number of analysts released largely positive comments on the quarter, … Read more