San Jose’s mayor is a busy man. After easily winning re-election to a second and final term, the mayor of the 11th-largest U.S. city is turning to childhood lessons as he faces the daunting tasks of dealing with a recession, launching new initiatives and shaking a lame-duck image.
Despite his large corner office with a panoramic view, being mayor
Fresh off its 20-year anniversary, money-losing Silicon Graphics Inc. says it knows where the future is. This is another makeover for the Mountain View-based company, which Hoover’s Inc. describes as having had more facelifts than Michael Jackson.
Like IBM, Hewlett-Packard Co., Sun Microsystems Inc. and Apple Computer Inc., SGI hopes for a comeback featuring the market demand for cost efficiency and low-cost Linux
Greater Bay Bancorp, the valley’s largest, independent bank, faces a mid-July deadline to comply with Federal Reserve Board rules about risk management and money-laundering prevention. Financial analysts are at odds about how the greater scruntiny will affect the Palo Alto-based bank.
The bank (Nasdaq: GBBK), said on Jan. 15 it reached an agreement with the Federal Reserve to address the central bank’s concerns. GBBK has 180 days to prove
Those who haven’t heard the word “blog” before better get used to it. The American Dialect Society says of all the new terms entering our lexicon last year, this four-letter word is the most likely to stick around permanently
Many stock watchers, still reeling from high-profile accounting scandals, are wondering whether new accounting rules mean earnings reports can be trusted.
“Most of the change is coming from the SEC and companies looking to change their images,” says Ron Gruner, president of Maynard, Mass.-based investor-relations service Shareholder.com.
While the goal is a clearer, simpler way of reporting the fiscal health of public companies, there is still no consensus on what earnings thermometer
Year-end earnings, now in full bloom, show Silicon Valley is leaner, meaner and poised for a comeback.
Biz Ink looked at the recent earnings reports of three of the biggest brand names in technology, as well as how Wall Street analysts reacted, to see if any trends were emerging.
For the most part, analysts praised corporate focus on core product, gains in market share and company readiness to capitalize on
Donald Luskin’s premise for his analyses begins with the concept that everyone is wrong
Investor Donald Luskin has won foes and friends by butting heads with the Wall Street establishment for 25 years with a no-holds-barred approach to economics and finance.
Luskin’s take on the stock markets appears regularly in The Wall Street Journal and on business cable channels CNNfn and CNBC. A passion for technology and innovation made Luskin start his
Apple Computer Inc. says reports of its imminent demise are, once again, premature.
With a newly-installed base of
5 million users of its OS X operating system, Apple claims it’s the largest seller of UNIX-based computers worldwide and disputes reports its market share is eroding.
Contrary to Apple’s assertions, a December research report by Al Gillen of IDC of Framingham, Mass., calculates that Linux-based personal computers (a derivative of UNIX) make
Humboldt Bancorp is aiming to become a major player in community banking in Northern California beyond its Eureka roots, but don’t expect a face-off with Silicon Valley’s monster banks.
To pay for expansion, the company plans to sell lucrative, non-core businesses. Humboldt says it may be able to grow by opening branches or acquiring other banks.
Humbolt’s strategy is to let the big banks fight over the Bay Area while
Like most equity-intensive markets, mergers and acquisition deals have been depressed for years, but one specter of the 1980s and ’90s is reemerging.
After years of sitting on their bulging bank accounts, leveraged buyout (LBO) firms started buying late last year, including one local firm that brokered a deal to take fast-food chain Burger King off the public
