NokiaMicrosoft (NASDAQ: MSFT) won a huge victory today. Struggling handset company Nokia (NYSE: NOK), which is still the global leader in its industry, will use Redmond’s mobile OS in its smartphones. Nokia had considered…
Reuters: A Deutsche Borse deal with the the NYSE (NYSE: NYX) faces regulatory resistance (Reuters) Reuters: Microsoft (NASDAQ: MSFT) and Nokia (NYSE: NOK) will try to create competition for Google’s (NASDAQ: GOOG) Android (Reuters)…
Global internet traffic is expected to jump by more than four times by 2014. The primary driver is video, which in 2010 leaped past peer-to-peer traffic for the first time ever. So why is…
Game maker Activision Blizzard, Inc. (NASDAQ: ATVI) posted unimpressive fourth quarter results after the market closed last night, and to make matters worse, offered a weaker-than-expected outlook for the current quarter and for the…
The International Energy Agency (IEA) has raised its estimate for global oil demand by 120,000 barrels/day for 2011, to a total of 89.3 million barrels/day. The increase came as a result of greater demand…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Akamai Technologies, Inc. (NASDAQ: AKAM), Cisco Systems, Inc. (NASDAQ: CSCO), Sequenom, Inc. (NASDAQ: SQNM),…
Updated throughout the day Facebook and Google (NASDAQ: GOOG) have both considered buying Twitter which probably has a value of close to $8 billion (WSJ) Blackrock and other investment firms are concerned that they…
Sprint-Nextel (NASDAQ: S) may not have the Apple (NASDAQ: AAPL) iPhone but that has not impeded its recover. The wireless provider posted relatively good numbers for the period which ended on December 31. The…
Anyone who enters one of the 77 high-end supermarkets owned by Wegmans Food Markets Inc. throughout the Northeast or clicks on the website of the Rochester, NY-based company quickly learns that it has been…
The Independent Evaluation Office of the International Monetary Fund issued its report on the IMF’s actions as the credit crisis unfolded. It argued that the IMF could have done a better job. The report…
“Pay Czar” Kenneth Feinberg failed to reign-in Wall Street pay practices, according to a Congressional Oversight Panel report entitled “Executive Compensation Restrictions in the Troubled Asset Relief Program.” The panel did not mince words…
Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out its CEO,…
Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges. (Reuters) Facebook and Google…
The illicit trade in humans, drugs, organs, and nine other huge international criminal activities produces $650 billion in revenue per year. 24/7 Wall St. gathered data from from a Global Financial Integrity report entitled…
House Appropriations Chairman Hal Rogers disclosed a partial list of 70 spending cuts that will be included in an upcoming Continuing Resolution bill. The CR legislation will fund the federal government for the seven…
Q4 Funding, L.P. and Q Funding III, L.P. which own 10,021,418 units in LP Cedar Fair (NYSE FUN), which constitutes approximately 18.1% of the total number of units outstanding, attacked the public company board and accused…
“Until we see a sustained period of stronger job creation, we cannot consider the recovery to be truly established.” Federal Reserve Chairman Ben Bernanke, February 9, Before the Committee on the Budget, U.S. House…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Atmel Corporation (NASDAQ: ATML), Motricity, Inc. (NASDAQ: MOTR), Photronics, Inc. (NASDAQ: PLAB), Take-Two Interactive Software…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updated throughout the day. Apple (NASDAQ: AAPL) has begun to build the next generation iPad (WSJ) Arcos Dorados, the world’s largest McDonald’s (NYSE: MCD) franchisee will file for an IPO (FT) Google (NASDAQ: GOOG)…