The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of…
Research firm Gartner says that global smartphone sales were up 96% in the third quarter compared with the same quarter last year. That outstripped the 35% rise in total handset sales. “Smartphones…
From AppleInsider: Apple has not provided enough evidence to prove that Nokia has violated patents, according to a memo from the International Trade Commission obtained by the International Trade Commission. The site…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. BP plc (NYSE: BP) Raised to Buy at Goldman Sachs. CACI International (NYSE: CAI)…
Mitsui was billed $1.8 billion from BP plc (NYSE: BP) for clean-up costs. (Reuters) A limited number of holidays and warm weather probably hurt retail sales in October. (Reuters) Canada may approve…
The Apple Inc (NASDAQ: AAPL) iPhone line of smartphones has been an unqualified success, but the magnitude of that success has only just become clear. Research firm Strategic Analytics reports that cellphone…
Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Some of the most active stocks or largest moves…
Almost no one expected Nokia (NYSE: NOK) to post strong third quarter earnings, but it did. Revenue rose 5% to 10.27 billion euros. Operating profit rose to 423 million euros from a…
Douglas A. McIntyre Reuters: Wall St. was disappointed by Yahoo!’s (NASDAQ: YHOO) revenue forecast. Reuters: French police unblocked the fuel deposites held by strikers against auterity. Reuters: The CEO of Research In Motion (NASDAQ: RIMM)…
There were some interesting takeaways from Apple’s conference call and its Q&A session of that call. The call ended right about 6:00 PM EST. Despite a blowout in sales and earnings and…
Reuters: The federal government will supply states with $1.5 billion in funds for small businesses. Reuters: Financial leaders around the world have begun to work to stop a currency war. Reuters: Japan…
Active traders have many stocks to choose from this Wednesday. We are tracking news and moves in shares of Allied Irish Banks plc (NYSE: AIB), Bank of Ireland (NYSE: IRE), American International…
Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People’s Republic now but can raise money from overseas investors. Reuters: The…
Moody’s downgraded the senior debt rating of Anglo Irish Bank by three notches to Baa3 from A3. Hapoalim Securities negative on Trina (NYSE: TSL)–hold– and Solartech Power (NYSE: STP)–sell. Sanford Bernstein takes…
