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Hot Topic: Technology companies next to restructure.

November 21, 2008 Bookmark and Share

companies may be the next group swept up in a restructuring wave that began on Wall Street. Purchases of computer hardware, software and services have been affected by the global credit crisis that has slowed lending, and a broad recession as consumers struggle with unemployment and payments. The economic downturn promises to be severe for companies, many of which are laden with debt brought on during the credit boom of recent years. Meanwhile, shares in smart phone maker Palm Inc. fell last Wednesday after an analyst downgraded the stock and questioned in a research report its need for additional capital.

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One Response to “Hot Topic: Technology companies next to restructure.”

  1. 1
    Desirae Says:

    I have a blog on a similar topic. Maybe we can exchange links?

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