Foreign oil companies may have to give up natural gas rights in Iraq. (Reuters) Several large pharma firms are in the early stages of an attempt to find new and more effective…
Updated throughout the day. Tumblr will raise money at a $800 million valuation (WSJ) China will curtail off balance sheet lending by its banks (FT) AT&T (NYSE: T) and T-Mobile have set…
During the Cold War, the US and the Soviet Union built enormous stockpiles of nuclear weapons that could have wiped out each other — along with everyone — else on the globe…
The Pew Internet & American Life Project released new research that shows “Fully 65% of adult internet users now say they use a social networking site like MySpace, Facebook or LinkedIn, up…
Douglas A. McIntyre LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street analysts. At the end of the week, we review these more closely along with other calls made throughout…
courtesy of Pandora MediaInternet radio company Pandora Media Inc. (NYSE: P) reported that listeners spent 1.8 billion hours tuned in last quarter, an increase of 125% from the same period a year…
The bidding process for the online television service Hulu has taken a strange path. The bidding has been delayed to the end of this week. It sure seems as though there is…
Research in Motion Ltd. (NASDAQ: RIMM) can use all the help it can get, and there is a rumor that the new Blackberry smartphones will run Android apps from Google Inc. (NASDAQ:…
Steve Jobs resigns as CEO of Apple (NASDAQ: AAPL) and will be chairman. Tim Cook to take over as CEO. (Reuters) Gold falls sharply and may be hurt by CME (NASDAQ: CME)…
NokiaMobile phone maker Nokia Corp. (NYSE: NOK) introduced three new smartphones in Hong Kong today. The new phones use the latest version of the company’s soon-to-be-defunct Symbian operating system. The idea that…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Boston Scientific Corporation (NYSE: BSX) Reiterated Buy as Value at Zacks;…
Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung to begin an…
A federal judge has ruled that music locker service MP3tunes has, in fact, infringed on the copyrights owned by music companies by allowing users to use a program to locate music on…
Most companies want to be number one in their markets. Once there, however, they have trouble keeping the top spot for long. They are flanked by smaller, nimbler companies that have better…
