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 (NASDAQ: AAPL) is likely to pass Exxon Mobil…
The three partners in the launch of the new Nokia (NYSE: NOK) Windows-powered Lumia 900 smartphone — AT&T (NYSE: T), Microsoft (NASDAQ: MSFT) and Nokia — were effusive about its chances to rival…
CES – The Consumer Electronics Show is awash with new gadgets. Most will never see the light of day. Many will trigger tens of millions of dollars in manufacturing and marketing costs…
Olympus sues its CEO and former board members for $50 million in compensation, and shares rise. (Reuters) China’s trade growth hits a two-year low in December. (Reuters) Philips warns of Q4 weakness…
Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT) have released their first Window’s based smartphone aimed at the US market. AT&T (NYSE:T) says it will aggressively market the product. The success of the release…
Microsoft Corporation (NASDAQ: MSFT) may have missed the smartphone move entirely. Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have run away with the market. Hewlett-Packard Co. (NYSE: HPQ) found out…
Jon OggThis was the first week after the holidays and many analyst calls were made this week with updated outlooks for 2012. 24/7 Wall St. saw many influential analyst calls this week…
Google’s (NASDAQ: GOOG) Android mobile OS could have 50% of the smarphone market share worldwide. If so, it would be a blow to Apple (NASDAQ: AAPL), Research In Motion (NASDAQ: RIMM), and…
The gap between the top tier and bottom tier of handset makers continues to widen. Taiwan-based HTC posted is worst quarter in two years. But Samung’s smartphone sales pushed its fourth-quarter profits higher. There is…
Can Audi pass BMW, which passed Mercedes? The ongoing race for the prime position among luxury car companies in the U.S. was won by BMW in 2011. It sold 247,907 cars and…
US markets opened lower today and finally managed modest gains by mid-afternoon. News from Europe on the reluctance of banks to lend, coupled with an higher-than-expected yield on a French bond issue…
Updated throughout the day. Pepsico (NYSE: PEP) may cut 4,000 jobs (NY Post) Eastman Kodak (NYSE: EK) is close to a Chapter 11 filing (WSJ) Japan Air will raise $6.4 billion in…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. AstraZeneca PLC (NYSE: AZN) Cut to Underweight at JPMorgan. BlackRock,…
An analyst likes Nokia Corporation (NYSE: NOK) despite every misstep and problem caused by better more well-heeled smartphone makers. Credit Suisse is out with an upgrade this morning that took that rating…
Qualcomm Inc. (NASDAQ: QCOM) is getting some new competition. While companies like Broadcom Corporation (NASDAQ: BRCM) and Nokia Corporation (NYSE: NOK) have had patent fights with Qualcomm in years past, a new challenge…
