courtesy of SamsungThree pieces of information about the continued rise of smartphones reached the market, almost at the same time. Samsung announced record profits, much of which came from its Galaxy line.…
U.S. equity markets opened mixed this morning with the DJIA and the S&P 500 higher, and the Nasdaq lower, dragged down by concern over the earnings of Apple Inc. (NASDAQ: AAPL) (more…
courtesy of Nokia Corp.Nokia Corp. (NYSE: NOK) reported fourth-quarter and full year 2012 results before markets opened this morning. For the quarter, the mobile handset maker posted adjusted diluted earnings per share…
Apple Inc. (NASDAQ: AAPL) posts disappointing iPhone sales numbers for the most recent quarter. (Reuters) The International Trade Commission will review Apple patent claims against Samsung. (Reuters) Nokia Corp. (NYSE: NOK) probably will…
ThinkstockEven though demand for semiconductors fell in $297.6 billion in 2012, that still represents a lot of chips. The drop in demand is almost entirely due to higher consumer demand for mobile…
courtesy of BlackberryIn an interview with a German magazine over the weekend, the CEO of Research In Motion Ltd. (NASDAQ: RIMM) said that a possible sale of the company’s hardware unit and…
courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it…
courtesy of SamsungThe latest data from 451 Research’s ChangeWave service shows that Samsung’s Galaxy III smartphone is gaining market share on the iPhone from Apple Inc. (NASDAQ: AAPL). In its December survey…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
U.S. equity markets opened slightly lower this morning as data from Europe and Asia combined with a larger than expected U.S. trade deficit to pour cool, if not cold, water on the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day…
thinkstockA Boeing Co. (NYSE: BA) 787 operated by ANA develops a crack in the cockpit glass. (Reuters) American Express Co. (NYSE: AXP) will cut 5,400 jobs and take a charge in its…
U.S. equity markets opened higher this morning even though the number of new U.S. claims for unemployment benefits rose more than expected before markets opened (more coverage here). The news was more…
courtesy of Nokia Corp.Mobile phone maker Nokia Corp. (NYSE: NOK) announced today that it expects fourth-quarter operating margin for its devices and services business to fall in a range from flat to…
U.S. equity markets opened higher this morning following a better-than-expected quarterly earnings report from Alcoa Inc. (NYSE: AA). There was not a lot of economic data out today, so corporate earnings had…
