Palm shares continue to slide amid tough competition from Apple, othersInvestors have been selling shares of Palm Inc. at a rapid pace this year, worried that the company won't be able to turn its business around with new smart phones because of fierce competition from Apple and BlackBerry. The ...

Standard & Poor's cuts outlook on Palm to `negative' following disappointing revenue guidanceStandard & Poor's Ratings Services on Wednesday cut the corporate credit rating outlook on handset maker Palm Inc. to "negative" from "positive" on Wednesday, after the company said weak smart phone sales hurt revenue projections. S ...

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 ...