Today’s Best Market Rumors (8/7/2012)
Updated throughout the day on the 24/7 Wall St. Wire: Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have bid $250 million for a number of Kodak’s patents. (WSJ) Manchester United…
Updated throughout the day on the 24/7 Wall St. Wire: Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have bid $250 million for a number of Kodak’s patents. (WSJ) Manchester United…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…
If you think that ‘ridiculous bonuses’ are limited to Wall Street, think again. We have always worried about a bonus even being called a bonus, but this one truly is frivolous and…
Bloomberg reported this morning that, for the first time, the value of transactions in exchange-traded funds (ETFs) that track the Standard & Poor’s 500 Index is set to surpass the turnover for…
JCPenney Co. Inc. (NYSE: JCP), one of the oldest retailers in the United States, will release earnings this week. When it issued its previous quarterly numbers, sales fell 20%. Most analysts do…
As the intellectual property lawsuit of Apple Inc. (NASDAQ: AAPL) against Samsung in Australia progressed, the South Korean company has accused the American one of tampering with witnesses. According to Slash Gear:…
The chances of a bailout of some of Europe’s financially weakest nations, which appeared promising two weeks ago, unravels more by the day. European Central Bank President Mario Draghi made a widely publicized…
HTC, the Taiwan-based smartphone company, has taken on an eerie similarity to Research In Motion Ltd. (NASDAQ: RIMM). Its products have become an afterthought in an increasingly crowded market, but one in which…
Apple is in talks to acquire The Fancy, a fast-growing social commerce site backed by cofounders of Twitter and Facebook, Business Insider has learned. The objective: to secure a role for Apple…
Global shipments of smartphones in the second quarter of 2012 totaled 158 million, and China accounted for 27% of those shipments, a total of 42 million units, according to research firm Canalys.…
Apple Inc. (NASDAQ: AAPL) is seeking sanctions after a lawyer for Samsung Electronics publicly released evidence a judge had excluded from the trial in which Apple alleges that the Korean manufacturer copied…
Research In Motion Ltd. (NASDAQ: RIMM) continues its push to remain relevant in the new world of tablets and smartphones, and to keep itself from being broken into pieces and sold off as junk.…
Research In Motion Ltd. (NASDAQ: RIMM) continues its push to remain relevant in the new world of tablets and smartphones, and to keep itself from being broken into pieces and sold off as junk.…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…