Apple (NASDAQ: AAPL) became the most valuable company in America yesterday when its market cap passed Exxon Mobil’s (NYSE: XOM). The move draws attention to what market capitalization means, and why it…
Goldman Sachs (NYSE: GS) says QE3 was likely after the Fed’s recent comments. (Reuters) HSBC (NYSE: HBC) sells its U.S. credit card business to Capitol One. (Reuters) China not likely to raise…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
Larry D. Rosen, PhD, professor of psychology at California State University, Dominguez Hills, presented a paper at the American Psychological Association annual meeting in which he said, “While nobody can deny that…
Douglas A. McIntyre The Android operating system from Google Inc. (NASDAQ: GOOG) is the leading platform smartphone platform in among 78.5 million US smartphone owners. The iOS operating system that powers the iPhone from Apple…
Sales of video games fell by 10% in June according to market research firm NPD Group, from $1.15 billion in June 2010 to $1.03 billion. This past May was even worse, with…
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country’s debt problems (Reuters)…
Smartphone maker Research in Motion Ltd. (NASDAQ: RIMM) has released five new phones this morning, including one, gasp, that does not have a keyboard. While shares are getting a bounce pre-market, this…
Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and…
Google’s (NASDAQ: GOOG) Android mobile OS has the largest share of the smartphone market worldwide, research company Canalys reports. Based on its survey of 56 countries, Android’s share was 48% in the second…
The House approved a debt-ceiling compromise (Reuters) Fake Ikea stores have been set up in China (Reuters) Central Falls, RI declared Chapter 9 (Reuters) Canalys says Google’s (NASDAQ: GOOG) Android has 50%…
A debt deal agreed to by both parties will be voted on today (Reuters) The debt deal is likely to cause a sharp improvement in stock prices (Reuters) Hackers said they hit…
The juggernaut that is Apple (NASDAQ: AAPL) iPhone sales grows more powerful each day. New data show that Apple thrashed its smartphone competitors in the second quarter and may have become the…
Plans for a budget vote by Republicans in the House fell apart (Reuters) Moody’s threatened to downgrade Spain (Reuters) BSkyB will have a $1.6 billion share buyback (Reuters) S&P said the U.S.…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
