NEW YORK (Reuters) - Palm Inc <PALM.O> slashed its revenue targets on weak demand for its smartphones, renewing concerns about its ability to compete against rivals like Apple Inc <AAPL.O> and sending shares down 16 percent. The warning came only weeks after Verizon Wireless began ...

Palm shares continue slide after weak forecast; UBS, Kaufman cut ratingsShares of Palm Inc. continued their slide Friday, hurt by a sales forecast that cast doubt on prospects for its new smart phones in a fiercely competitive market. The stock was down 19 cents, or 2.9 percent, to $6 ...

NEW YORK (Reuters) - Sprint Nextel Corp <S.N> started offering a 50 percent discount on Palm Inc's <PALM.O> Pixi phone on the same day the handset maker cut its revenue target, raising profitability concerns. Palm shares fell 4 percent on Friday, following a 19 ...

NEW YORK (Reuters) - Palm Inc <PALM.O> slashed its fiscal third-quarter and full-year revenue target due to slow consumer demand for its products, dashing hopes its webOS software would help it fend off bigger rivals for now. Palm shares fell 18 percent on Thursday after it said it ...