HP shares plummeted today to its lowest level in six years. At the time of this writing, HP’s shares are down 20.23%. Its shares had fallen as low as 23%. Shaky confidence in HP is directly related to yesterday’s flurry of huge announcements involving HP’s decisions to discontinue webOS hardware and possibly separating or spinning off its personal systems group. This process is expected to take between 12-18 months.

Imagine you’re the head of a large company with three different divisions. Two of the divisions work extremely well together, while the third seems strange and out of place. So you try to sell it, and nobody seems interested in buying, at least nobody with the money you want. What do you do? Of course, more »

If you don’t have the money to hire a financial adviser for investment advice, you may turn to the internet to find information on stocks. Wikinvest hopes that their site will be the one that you use. Wikinvest works in the same way as Wikipedia: anonymous users provide information in order to share with web more »

HKC has announced two new Pocket PCs, the W1000 and G1000. Both pocket PCs sport dual sim with an added hotkey for accessing stock market information. Business individuals who are always on the go would certainly find any one of these pocket PC’s useful for their needs.

Both W1000 and G1000 feature 2.8-inch QVGA touchscreen with 6.5M color, 256MB ROM and 64MB RAM, Microsoft Windows Mobile 6 for Pocket PC, support for SMS, MMS and EMS, and data storage can be supplemented by microSD cards.

The W1000 runs on 200MHz Qualcomm 6025 CPU while the G1000 runs on 200MHz Dragonfly CPU. One difference between the two pocket PC is that the W1000 works on GPRS, EDGE and CDMA, while the G1000 works only with GPRS and EDGE.

Sprint-Nextel’s stock dropped more than 9% after the company announced a $29.45 billion 4th quarter loss.The loss is being blamed on a huge write down related to the company’s merger with Nextel. The company also announced the suspension of dividend payouts and the borrowing of $2.5 billion from a revolving credit facility. Sprint-Nextel CEO Dan more »

It looks like another web 2.0 product has emerged from the darkness, they seem to be coming out of nowhere with various different ideas and solutions for getting attention of the buzz world. You’ve all heard of fantasy football and probably more recently fantasy politics. Now there is fantasy blog share trading from BlogShares, you more »

AOL purchased Weblogs Inc. a while back, and is expanding their blogs to include stock blogs that will be focused on eight of the top companies in the USA. The eight companies include Time Warner (AOL’s parent company), Google, Yahoo, Microsoft, Apple, eBay, Wal-Mart and General Electric. According to AOL’s press release on April 27, more »