Almost everyone in the online and legal industries expected it. After weeks of rumors and news report that Yahoo! (NASDAQ: YHOO) had accused Facebook of patent violations, the portal has sued the…
Tech research firm Gartner Inc. (NYSE: IT) says the days of the PC are numbered, and by 2014, “the personal cloud will replace the personal computer at the center of users’ digital…
courtesy Facebook Inc.The 10 most-visited websites in America may share a few characteristics, but interestingly enough, none are in the same business, with the exception of two portals. Each has a different…
People rushed to access the Apple (NASDAQ: AAPL) site to order new iPads almost as soon as the company’s CEO, Tim Cook, announced the release of the new product. Numbered in the…
China’s trade deficit reached its highest level since 1989, posting a negative $31.5 billion in February. One of the causes was a drop in demand for finished goods put out by factories,…
The economy of Appalachia may be helped by natural gas and chemical plants. (Reuters) The People’s Bank of China will do more to support the yuan, and the global economic markets hit…
The Fed is unlikely to act with bond purchases if February unemployment figures are good. (Reuters) Low inflation in China could drive banks there to ease capital requirements to increase credit access.…
The three major US equities indexes opened higher this morning on the news from Europe that the Greek debt swap deal would be a success. That prediction turned out to be solid,…
The US Department of Justice is prepared to sue Apple Inc. (NASDAQ: AAPL) and five book publishers for colluding to lift prices on electronic books according to a report in The Wall…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Conviction Buy List at Goldman…
The Greek government probably will get its way as it puts finishing touches on its debt restructuring. The aid from its neighbors, the International Monetary Fund and, indirectly, the European Central Bank…
The CEO of Chrysler said he took no pay in 2011 and that, based on financial results, the company is now worth $7.5 billion. (Reuters) The Treasury will sell $6 billion of…
The launch of Apple’s (NASDAQ: AAPL) iPad had no effect on its shares. . Some analysts expected the stock would move higher. The iPad will almost certainly have incredibly impressive sales. It is different enough…
Douglas A. McIntyre US stocks opened higher this morning following an in-line report from ADP on US employment gains. There was little economic news out today, but we can anticipate tomorrow’s report on new jobless…
Apple Inc. (NASDAQ: AAPL) today announced its latest version of its market leading tablet, the iPad. That’s right — no number, just iPad. The latest iPad will cost $499 for the base…
