Palm, Inc.

News and overview for Palm, Inc.

Palm downgraded to underperform at BMO - MarketWatch
MarketWatch | 11 days 23 hours 29 minutes ago
Life Technologies net income, revenue double


BP, Valero, U.S. Steel, Palm and more in focus - MarketWatch
MarketWatch | 11 days 23 hours 13 minutes ago
See Europe Markets for more.See Asia Markets for more.


Is Research In Motion now too cheap? - MarketWatch
MarketWatch | 5 days 1 hour 6 minutes ago
Ironically, this sell-off has made the stock significantly cheaper than any of its rivals, on a valuation basis.


Critical Alerts for AIG, Palm, Yum! Brands, Netease.com, and Jones Apparel Released by Seven Summits Research [Press Release]
PRNewswire | 2 days 15 hours 37 minutes ago
...Seven Summits Research issues PriceWatch Alerts for AIG, PALM, YUM, NTES, and JNY. Seven Summits Strategic Investments...the following stocks: American International Group, Inc. , Palm, Inc. , Yum! Brands, Inc. , Netease.com Inc. , and...


DeviceLock Mitigates Data Leakage via iPhone and BlackBerry Local Syncs [Press Release]
Business Wire | 4 days 1 hour 3 minutes ago
DeviceLock, Inc., a worldwide leader in endpoint data leak prevention software solutions, today announced two milestone achievements in protecting from data leakage and theft via mobile devices. DeviceLock®, version 6.4.1 software delivers highly granular, interface-independent control over local data synchronizations between iPhone® and iPod® touch mobile devices and corporate endpoint computers like employee desktops and laptops.


CIT Group poised for late-trading action - MarketWatch
MarketWatch | 8 days 17 hours 7 minutes ago
Goldman agreed to waive its right to terminate the remaining facility if the business lender files for bankruptcy, CIT said in the filing.


Tech stocks find momentum in early trading - MarketWatch
MarketWatch | 5 days 19 hours 59 minutes ago
Ruiz had previously been chief executive and chairman of AMD, which recently spun off its manufacturing facilities to create Global Foundries. See full story.


Palm Pixi Available Nov. 15 for Just $99.99 Exclusively from Sprint [Press Release]
Business Wire | 12 days 22 hours 8 minutes ago
Sprint (NYSE: S) today announced Nov. 15 as the first day of nationwide availability for Palm® Pixi™, exclusively available on America’s most dependable 3G network1 from Sprint2. It will cost just $99.99 with a two-year service agreement, after a $50 instant rebate and $100 mail-in rebate and be available at Sprint stores, online at www.sprint.com, through telesales at 1-800-SPRINT1, and at Best Buy, RadioShack and select Wal-Mart stores.


UPDATE: TD Charitable Foundation Donates $2 Million in Grants to Support Housing Stabilization Efforts through its 'Housing for Everyone' Competition [Press Release]
PRNewswire | 5 days 9 hours 1 minute ago
CHERRY HILL, N.J. and PORTLAND, Maine, Nov. 2 /PRNewswire/ --The TD Charitable Foundation announced today the 56 winners of its annual "Housing for Everyone" grant competition. Award winners will receive a total of $2 million in grants to support affordable housing initiatives from Maine to Florida, a $500,000 increase in program awards from 2008.


/C O R R E C T I O N -- Information Systems Associates, Inc./ [Press Release]
PRNewswire | 2 days 12 hours 46 minutes ago
In the news release, Information Systems Associates, Inc. Announces the Expansion of its Senior Management Team, issued Nov. 5, 2009 by Information Systems Associates, Inc. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "...has added Michael Cacossa as its Senior Vice President of Sales & Marketing..." rather than "Michal Cacossa" as originally issued inadvertently. The complete, corrected release follows:


Verizon, Sprint, Motorola to weigh in - MarketWatch
MarketWatch | 15 days 17 hours 58 minutes ago
Verizon is expected to show continued strength in wireless operations when it reports earnings on Monday.


9 more U.S. banks fail; $2.5 billion hit for FDIC - MarketWatch
MarketWatch | 7 days 22 hours 52 minutes ago
All nine of the closed banks were owned by an Illinois holding company. See full story.


Palm Harbor Homes, Inc. Reports Second Quarter Fiscal 2010 Results [Press Release]
Business Wire | 11 days 15 hours 8 minutes ago
Palm Harbor Homes, Inc. (NASDAQ: PHHM) today reported financial results for the second quarter and first six months of fiscal 2010 ended September 25, 2009.


Research and Markets: Global Top 10 Mobile Phone Companies - Industry, Financial and SWOT Analysis [Press Release]
Business Wire | 10 days 59 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/906670/global_top_10_mobi) has announced the addition of the "Global Top 10 Mobile Phone Companies — Industry, Financial and SWOT Analysis" report to their offering.


Palm shows Ares WebOS development tool
Computerworld | 2 days 12 hours 35 minutes ago
IDG News Service - Palm Inc. will introduce a Web-based development environment for WebOS applications, called Ares, by the end of this year.





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Company Overview


Company: Palm, Inc.
Industry: Wireless Telephone Handsets
Website: http://www.palm.com

Palm is trying hard to reverse its loosening grip on the mobile communications market. Historically the leading provider of handheld computers, the company now primarily markets Internet-enabled mobile phones (also known as smart phones). Its phone line includes the entry-level Centro and more advanced Treo and Pre lines. The company sells its products directly and through distributors, wireless service carriers, retailers, and resellers. Its carrier partners include AT&T, Sprint Nextel, and Verizon Wireless. The company markets its products globally; however, the majority of its revenue comes from sales in the US. Palm traces its roots back to 1992.


Key Numbers

Sales in U.S. Dollars (mil.) 735.9 (2009)
One-year % Growth in Sales -44.2 (2009)
Net Income in U.S. Dollars (mil.) -732.2 (2009)
One-year % Growth in Net Income 0.0 (2009)
Number of Employees 939 (2009)
One-year % Growth in Number of Employees -10.6 (2009)
Fiscal Year-End May