The CEO of Sprint Nextel Corp. (NYSE: S) told a group of reporters today that the company saw “no reason to bet against” Apple Inc. (NASDAQ: AAPL) and the iPhone. It’s been…
Paul Ausick In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 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…
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…
Douglas A. McIntyre 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:…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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.…
