A new report from Jefferies cites the distinct possibility that the new AT&T focus on satellite delivery and other initiatives could prove damaging to some of the top tech companies that serve as suppliers.
Northrop Grumman wins $44 million in contracts from the Department of Defense, including projects for the U.S. Army and U.S. Navy in Afghanistan, Bahrain, and Kuwait.
ThinkstockRetail stocks are generally an unloved sector right now. The first four months of the year were marked by bad weather, big markdowns and an Easter-shift in the calendar. The month of May could…
ThinkstockChipmaker Broadcom Corp. (NASDAQ: BRCM) announced Monday morning that it has begun to explore “strategic options” for its cellular baseband business, including a possible sale or closure. The industry leader in baseband processors is…
ThinkstockAs the summer starts, a large agenda is out there for investors when it comes to top biotech and specialty pharmaceutical companies making announcements and presenting clinical data. The biggest health care conference is…
These are the top Wall Street analyst upgrades, downgrades and initiations for Monday, June 2, 2014. They include Apple, Boeing, Alcoa, Netflix, TripAdvisor and Zillow.
ThinkstockOne thing we have related to 24/7 readers over the years is that for all of their pedigreed executives and portfolio managers, hedge funds tend to go a lot in the same direction. Why…
Google is reported to be spending $1 billion on development of a fleet of up to 180 small satellites to provide Internet access to parts of the world that currently lack connectivity.
ThinkstockW.L. Ross Holding Corp. is coming public. This is a newly formed blank check company that is under Wilbur Ross, a very well-known private equity investor. The initial public offering (IPO) filing with the…
Samsung has decided that Google has become too powerful in the portable device consumer electronics business. Google's Android has steamrolled the smartphone industry.
The strikes by Amazon.com warehouse workers in Germany are no longer just a pesky problem. The Verdi labor union wants to move to collective bargaining to improve the lot of almost 10,000 warehouse workers.
Samsung's indestructible Galaxy S5 Active has just hit the shelves at AT&T stores. Both companies are about to find out whether anyone wants a smartphone that is almost bullet proof.
Photo by Spencer Platt/Getty ImagesWhen Treasury yields fall, it generally means that investors around the planet are looking for a flight to safety. Or in the extreme cases, it signals that the economy is…
ThinkstockWhile unemployment remains more than 20% in some of America’s metro areas where the recession still lingers, cities within states that never were damaged deeply by the recession continue to have unemployment rates well…
The battle over net neutrality and the impact of the proposed mergers between may finally have called attention to the sorry state of broadband in general in the United States.