What’s Important in the Financial World (8/20/2012)
China’s New Home Prices Rise China’s Statistics Bureau reported that in July new home prices rose in 49 of the 70 cities measured. According to MarketWatch, that was the broadest advance in…
China’s New Home Prices Rise China’s Statistics Bureau reported that in July new home prices rose in 49 of the 70 cities measured. According to MarketWatch, that was the broadest advance in…
Apple Inc. (NASDAQ: AAPL) has managed to hit a new intraday high of $644.13 so far today. Shares have pulled back but an analyst upgrade is behind the move. Jefferies has raised…
Taiwanese personal computer maker Acer Inc. said it swung to a net profit in the second quarter, despite weak demand and stiff competition from tablet makers such as Apple Inc. (NASDAQ: AAPL).…
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop…
Is Verizon Communications Inc. (NYSE: VZ) the perfect stock? No. The “perfect stock” headline is used by financial and business websites and publications to sucker people into reading articles that have little relevance for…
Gallup reports that among 25 industries rated by Americans, respondents give the computer industry more positive rankings than any other. That observation comes without explanation. But it may be as simple as the fact that not…
Consumers, it seems, are always after the shiny new product. For some industries, the latest version is always the most popular — the newest smartphone, tablet and sneaker are always the products…
After years of trying to infiltrate the living room, Apple Inc. (NASDAQ: AAPL) may be about to take its most ambitious crack at it yet, reports the Wall Street Journal. Apple is…
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for…
While the Samsung Electronics (OTC: SSNLF) and Apple Inc. (NASDAQ: AAPL) continue to fight in court over mobile technology, both companies are preparing to release new products. We’ve already noted the coming…
Apple Inc. (NASDAQ: AAPL) has currently scheduled an ‘event’ for September 12th that is widely rumored to be the company’s official launch date for the latest version of the iPhone, known at…
Hewlett-Packard Company (NYSE: HPQ) thinks it can dethrone Apple Inc. (NASDAQ: AAPL) in the enterprise tablet market. Seriously. HP, which sold the failing TouchPad in 2011, will be releasing more information on the tablet soon, said John…
After Samsung took a beating from Apple (NASDAQ: AAPL) at a trial in the U.S. District Court of the Northern District of California, it is Samsung’s turn to strike back. Apple has asked…
Nokia Corp. (NYSE: NOK), which is barely alive in the smartphone sector, claims that the fruits of its large partnership with Microsoft Corp. (NASDAQ: MSFT) are about to arrive. The marriage was…
Standard Chartered has paid the New York Department of Financial Services $340 million to settle charges that it helped Iran interests launder money. Unfortunately for the financial firm, this settlement is only the…