All Quiet On The Wall Street Front

Yahoo makes its earnings announcement today after market close, with IBM also reporting today and Oracle, Google, and eBay scheduled to report this week. Anticipation for strong results from Yahoo and others builds in the silence from the major Internet companies. News from them has been virtually non-existent in the early hours before the market opens, with everyone seemingly holding their breath until 4:30 pm New York time today. Rather than risking the chance of turning blue and passing out, we'll inhale and exhale regularly. Because no one wants to miss out on the news coming up later today and this week. Yahoo took care of some preliminary activities last week, just before the end of the day on Friday. They filed paperwork with the SEC and noted how certain C-level executives had exercised stock options in 2005. CEO Terry Semel realized $173.6 million in profits from his options. IBM also announces earnings later today. The company has been relatively quiet during the first quarter. They acquired a couple of small software companies, but most of their activity over the past year has been aimed at lifting a moribund stock price. The most significant way IBM moved toward cutting away operations with minimal profit happened in 2005. IBM sold its personal computer business to Lenovo Group of China, rather than continue to battle in the cutthroat PC market. Oracle's Larry Ellison Del.icio.us") | Yahoo! My Web |