Following a second round of bidding for Japan’s failed Elpida Memory Inc., Micron Technology Inc. (NASDAQ: MU) has signed an agreement to purchase the DRAM maker for $2.5 billion, the same price…
Updated throughout the day on the 24/7 Wall St. Wire Italy has threatened Apple (NASDAQ: AAPL) with fines if it does not offer extended warranties for its products (Reuters) Airbus will spend…
Douglas A. McIntyre Apple (NASDAQ: AAPL) settled a trademark suit in China. This should open the way for more iPad sales in the world’s most populous nation. Proview International Holdings made claims about the iPad…
Douglas A. McIntyre Inaccurate submissions of Libor interest rate data, which first cost Barclays (NYSE: BCS) $453 million in fines to U.S. and UK regulators, has cost the chairman of the bank, Marcus Agius. As he…
Apple (NASDAQ: AAPL) pays $60 million to settle a trademark dispute in China. (Reuters) Factory orders in both Japan and China fall in June. (Reuters) Barclays (NYSE: BCS) Chairman Marcus Agius quits…
Some products sell well when first introduced. Many more fail miserably. Very few of them sell so well that they fundamentally impact American culture. This is 24/7 Wall St.’s list of 10…
In another sign that the recession in the European Union has spread well beyond the weakest nations, retail sales fell 1.1% in Germany in May. The Federal Statistics Bureau issued a report that showed: According…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
Everyone was already expecting Research in Motion Ltd. (NASDAQ: RIMM) to have very little or even no good news in its report. Things got bad enough at the company’s last warning that…
The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
“What is at stake is not only the economic integration, it is also the overall economic confidence in the euro area, and indeed, our commitment to the European project,” said European Commission…
If Google (NASDAQ: GOOG) is fortunate, its new Nexus 7 tablet will be like a Chrysler automobile. The device is up against Apple (NASDAQ: AAPL), with its General Motors (NYSE: GM) type…
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters) Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters)…
Research in Motion Ltd. (NASDAQ: RIMM) is set to report earnings after the close on Thursday. Investors have to now be prepared for something they have not seen in years and years. …
