General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple (NASDAQ: AAPL)…
In what may be an embarrassment to The New York Times , sources say that Apple (NASDAQ: AAPL) and Twitter have not held conversations about a strategic relationship in over a year.…
Douglas A. McIntyre The New York Times has published a “rumor” that Apple (NASDAQ: AAPL) may make a strategic investment in Twitter. How that would help Apple, which has seen an erosion in the market share…
Douglas A. McIntyre Photo by Spencer Platt/Getty ImagesThe broader stock market is up Friday on the announcement that gross domestic product grew 1.5% in the United States and optimism that the Federal Reserve will provide more stimulus. The…
Apple Inc. (NASDAQ: AAPL) has agreed to buy AuthenTec Inc. (NASDAQ: AUTH) in a deal valued at about $356 million. That comes to $8.00 per share, compared to $5.07 at Thursday’s close.…
Recently, two trends have marked the global smartphone industry. Sales increases have slowed, and Samsung Electronics Co. has moved into an incredibly dominant place. The South Korean company has become the firm to…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The…
Sprint-Nextel (NYSE: S) lost $1.4 billion in the second quarter, as it continued to remain viable in competition with AT&T (NYSE: T) and Verizon Wireless. The company reported a net loss of $1.4…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Apple Inc. (NASDAQ: AAPL) took it on the chin last night and also today based upon the company’s very rare earnings and revenue shortfall. While the stock got crushed, we want to…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Wednesday morning. Amgen Corp. (NASDAQ: AMGN) raised to Outperform at Credit Suisse. Apple…
ARM Holdings PLC (NASDAQ: ARMH) is bucking the Apple Inc. (NASDAQ: AAPL) drag. With its processor sales strong for smartphones and tablets, the British company managed to beat earnings expectations with a…
The recession in the United Kingdom deepened in the second quarter. The Office of National Statistics reported: The chained volume measure of GDP decreased by 0.7 per cent in Q2 2012 compared with…
Douglas A. McIntyre Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy.…
