Tellabs (TLAB) shares are taking a hit on concerns that the company is about the lose a big piece of its business with AT&T (T). Here’s what’s unfolded: Yesterday, AT&T announced that it has selected Alcatel-Lucent (ALU), Cisco (...

In case you missed it, Disney (DIS) has finally found a buyer for Miramax, agreeing to sell the unit for more than $660 million to a group of investors led by Ronald Tutor, CEO of the construction firm Tutor Perini. Investor Tom Barrack and his firm...

“Oh there’s a big surprise! That’s an incredible - I think I’m going to have a heart attack and die from not surprise!” - Iago the parrot, in Aladdin Research In Motion (RIMM) plans to launch a tablet computer in Novembe...

Samsung said it plans to offer an Android-based tablet with a 7-inch display, Reuters reports, the latest in a lengthening list of planned challengers to the Apple (AAPL) iPad. Also planning to enter the market are Nokia, LG and Hewlett-Packard, amon...

RealNetworks (RNWK) shares are trading lower this morning on disappointing Q2 results. Late yesterday, the company reported Q2 revenue of $88.9 million, with a GAAP loss of 19 cents a share; the Street had been forecasting $90.4 million and a loss of...

Digital Sky Technologies, the Russian investment group, plans to sell up to 25% of its Russian unit in an IPO in London next year, the Financial Times reports, citing “people familiar with the situation.” The piece says Digital Sky has hi...

MEMC Electronic Materials (WFR) shares are getting bruised this morning after the company late yesterday posted disappointing Q2 results, and provided disheartening profit guidance for 2010. To recap yesterday’s news: The provider of silicon wa...

How big a risk is Android to Apple’s (AAPL) iPhone business? Bernstein Research analyst Toni Sacconaghi took a look at that issue this morning, and finds only modest risks near-term, but an inevitably more serious clash a few years out. Clearly...

Alcatel-Lucent (ALU) shares are trading sharply higher following the company’s announcement of Q2 results. For the quarter, the networking equipment company posted revenue of 3.8 billion Euros, up 17% sequentially and down 2.4% from a year ago;...

Uniloc USA yesterday said it has filed a patent infringe suit in federal court in Texas against Sony (SNE), McAfee (MFE), Activision (ATVI), Quark, Aspyr Media and Borland Software, “over their unauthorized use of Uniloc’s patented anti-pir...

The global handset market expanded 13% in the second quarter to 308 million units, from 273 million a year ago, according to the research firm Strategy Analytics. The firm says the market was driven by both lower-end 2G models in emerging markets and...

Intel (INTC) yesterday won a key ruling in a class-action lawsuit filed against the company on behalf of computer buyers, when the special master in the case ruled that there is no evidence that consumers were by the chip maker’s practices of p...

Has the Dell (DELL) Streak, its Android-based small-sized tablet thingy, been delayed? The web site Phone News points out that the Streak, originally expected to ship in late July, is now shown on the company’s Web site simply to be available &...

Facebook isn’t likely to go public until 2012, Business Week reports, asserting that CEO Mark Zuckerberg wants more time to gain users and boost sales. The report is attributed to “three people familiar with the matter.” There has b...

GT Solar (SOLR) this morning announced that it has acquired privately held Crystal Systems, a Salem, Mass.-based company which makes high quality sapphire substrates used in LED, medical and aerospace applications, for close to $80 million in cash an...

Neflix (NFLX) shares are getting an early lift Friday from Morgan Stanley analyst Scott Devitt, who this morning raised his rating on the stock to Overweight from Equal Weight. Devitt offers three basic reasons for his more optimistic stance: The re...

Ok, so, “losers” might be a little harsh. Nonetheless, the June quarter earnings season is taking a significant toll on some stocks - like these four. TeleNav (TNAV): The provider of location-based services posted revenue for its fiscal...

Fascinating to see how many earnings reports are pushing around stock prices in dramatic fashion in the current quarter. Here are five companies seeing a post-close bump from June quarter results: Microtune (TUNE): The company, which makes chips use...

Harmonic (HLIT) shares are trading higher after hours on strong Q2 financial results. For the quarter, Harmonic reported revenue of $95.5 million and a non-GAAP profit of 9 cents a share, ahead of the Street consensus at $90.4 million and 7 cents a s...

Power-One (PWER), which makes power conversion and power management systems, posted stronger-than-expected Q2 results, and impressive Q3 guidance. For the quarter, the company reported revenue of  $215 million and profits of 17 cents a share, ahead...