What’s Important in the Financial World (8/13/2012)
The “lockup” of shares held by investors who took part in rounds of Facebook Inc.’s (NASDAQ: FB) funding that happened before the firm’s initial public offering will end on August 16. Many…
The “lockup” of shares held by investors who took part in rounds of Facebook Inc.’s (NASDAQ: FB) funding that happened before the firm’s initial public offering will end on August 16. Many…
Brent crude rises to a three-month high of $114. (Reuters) Standard Chartered may try to settle with the government over money laundering charges. (Reuters) Barnes & Noble Inc. (NYSE: BKS) cuts prices…
The US Federal Trade Commission (FTC) concluded a settlement with Facebook Inc. (NASDAQ: FB) involving charges that Facebook lied to users when it told them it would keep personal information private and…
Google Inc. (NASDAQ: GOOG) has agreed to pay $22.5 million to settle a claim by the Federal Trade Commission that the company misled users of the Safari browser Apple Inc. (NASDAQ: AAPL)…
The Federal Trade Commission has reached a settlement with Google Inc. (NASDAQ: GOOG) over a cookie tracking issue. We have received an email confirming the press conference and seen the press release showing that…
NokiaMobile phone maker Nokia Corp. (NYSE: NOK) has agreed to sell a portfolio of more than 500 patents to Vringo Inc. (NYSEMKT: VRNG) for an undisclosed sum. Nokia will retain some ongoing…
Everyone loves a good turnaround story, particularly in down-and-out technology stocks. The problem is that many turnarounds can never turn around. Computer Sciences Corp. (NYSE: CSC) was touted over and over as…
News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money laundering, portraying…
The latest data from International Data Corp. (IDC) confirms what we’ve all known for a while now: The mobile OS market is now unquestionably a two-horse race due to the dominance of…
Remember the January rumor that Research in Motion Ltd. (NASDAQ: RIMM) was being considered for acquisition by Samsung Electronics (OTC: SSNLF)? That’s okay if you don’t, because they could be about to…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) started as Neutral at Credit…
In the copyright case between Google Inc. (NASDAQ: GOOG) and Oracle Corp. (NASDAQ: ORCL), the judge asks for names of paid reporters and bloggers who work for the companies. (Reuters) The government…
In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 2012.…
Updated throughout the day on the 24/7 Wall St. Wire: Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have bid $250 million for a number of Kodak’s patents. (WSJ) Manchester United…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…