Texting, a simple method to send messages from wireless handset to handset, may be the largest single roadblock to Twitter's growth. A survey by Pew shows that among internet users ... Read Full Story »
Toyota (NYSE:TM) posted a profit of $1.7 billion in the quarter that ended December 31 due to cost cuts and improved sales in Asia and the US. Sales rose 10%. ... Read Full Story »
Reuters: Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts. Reuters: Shell's (RDS.A) profits fell sharply. Reuters: ... Read Full Story »
Markets in Asia fell. The Nikkei was off .5% to 10,356. Toyota (NYSE:TM) fell and Honda (NYSE:SNE) gained. Sony (NYSE:SNE) announced a profit. The Hang Seng was off 1.8% to ... Read Full Story »
The bad news is just beginning for Toyota (TM). The eight million vehicles the company has recalled, the shut down production of eight of its most popular cars, and ... Read Full Story »
Cisco Systems Inc. (NASDAQ: CSCO) had a bullish bias going into earnings as far as the options traders were concerned. The networking giant has posted earnings of $0.40 EPS on ... Read Full Story »
Exide Technologies (NASDAQ: XIDE) is getting crushed today after news that the company was notified by Wal-Mart Stores Inc. (NYSE: WMT) that the retailer will stop selling the company's auto ... Read Full Story »
MCV, the games business site, reports that Take-Two Interactive (NASDAQ:TTWO) will lay-off 400 people, or 20% of its work force. The company's VP of Corporate Affairs, Alan Lewis, denied the rumor ... Read Full Story »
From The Atlantic Wire, By Max Fisher As health care costs balloon, swelling the budget and the deficit, elderly Americans are consistently the biggest consumers. This isn't their fault. They ... Read Full Story »
The Department of Energy has released some mixed data on weekly oil inventory data, and the take for refining is looking just as bad still or actually worse in February ... Read Full Story »
Challenger, Gray & Christmas announced that layoffs disclosed by major US firms last month hit 71,482 in January up from 49,094 in December. Downsizing at ten companies made up a third ... Read Full Story »
These are this morning's top day trader and active trader alerts with a brief explanation of the news behind the moves: Acme Packet, Inc. (NASDAQ: APKT) up 14% at $12.21 ... Read Full Story »
Updated throughout the day. The US could lose its Aaa bond rating at Moody's (CNBC) Obama will outline a significant stimulus for alternative energy (Reuters) Bank of America (NYSE:BAC) will ... Read Full Story »
Home Diagnostics, Inc. (NASDAQ: HDIX) is this morning's top pre-market gainer, on news of a buyout. The company has agreed to be acquired by Nipro Corporation for $11.50 per share ... Read Full Story »
These are this Wednesday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Baidu Inc. (NASDAQ: BIDU) Reiterated Buy but target raised to $550 at Goldman Sachs. ... Read Full Story »