courtesy NintendoResearch firm NPD has released its monthly data for video game sales. The industry continues to face consumer preferences for using tablets and smartphones instead of consoles as platforms. And the number of…
courtesy of Apple Inc.In what could be another bad sign for the demand for Apple Inc. (NASDAQ: AAPL) products, the company has begun to sell some refurbished iPads and iPad minis. Several of these products…
ThinkstockBoeing 787 Ready to Fly? Boeing Co. (NYSE: BA) has said, once again, that its deeply trouble 787 will take to the air again soon. Battery problems with the plane have kept it grounded…
ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal corporate tax rate…
courtesy of SamsungAs J.K. Shin, the head of Samsung’s mobile operations, hit the stage at Radio City to launch the new Galaxy S4, the huge video screen behind him made the whole presentation look…
ThinkstockVolkswagen believes it can see the future of the car industry in China and its own place in that future. The German manufacturer will increase its production capacity in the People’s Republic by as…
Wikimedia CommonsA Senate subcommittee has produced a 300 or so page document that says that J.P. Morgan Chase & Co. (NYSE: JPM) manipulated information about huge losses in its London trading operations and that…
courtesy of AOL, IncBoeing Co. (NYSE: BA) says its 787 could be back in commercial service within a few weeks. (Reuters) Samsung introduces its Galaxy S4 to compete with the Apple Inc. (NASDAQ: AAPL)…
thinkstockHere are today’s five biggest gaining stocks at closing: ARCA biopharma Inc. (NASDAQ: ABIO) is up 44.4% at $3.32. Silver Spring Network Inc. (NYSE: SSNI) is up 29.4% at $22.00. Quicksilver Resources Inc. (NYSE:…
U.S. equity markets opened higher this morning following a better-than-expected report on new jobless benefits claims in the U.S. and a mostly inline report on producer prices (more coverage here). In Europe, eurozone unemployment…
ThinkstockIn a patent infringement case similar to the one it won against Apple Inc. (NASDAQ: AAPL), a jury has been unable to reach a verdict in lawsuit brought by patent licensing firm VirnetX Holding…
ThinkstockThe U.S. Department of the Treasury auctioned $13 billion in 30-year bonds today at an average yield of 3.248%, the highest yield in a year. Yields on 10-year notes rose 3 basis points following…
ThinkstockIn a filing with the U.S. Securities and Exchange Commission (SEC) today, investor Kirk Kerkorian’s Tracinda Corp. indicated that it may boost its stake in MGM Resorts International Inc. (NYSE: MGM) from its current…
Wikimedia CommonsIt is probably of little comfort to existing shareholders that Citadel Investment Group is selling its remaining stake in E*Trade Financial Corp. (NASDAQ: ETFC). The near 10% stake will pressure shares for the…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 145 billion cubic feet last week, slightly more than the decline of 134 billion cubic feet anticipated by analysts.…