US equities markets opened lower this morning following surprisingly weak manufacturing reports from Europe and China. Fitch Ratings’ downgrade of Greek debt to ‘CCC’ could not have been a surprise, but the…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Advanced Semiconductor Engineering, Inc. (NYSE: ASX) Cut to Neutral at BofA/ML. Apple Inc.…
On January 25, new JCPenney (NYSE: JCP) CEO Ron Johnson, former head of Apple’s (NASDAQ: AAPL) retail operations, unveiled his vision for the retailer’s turnaround. His “Fair and Square” price plans would…
Comcast (NASDAQ: CMCSA) announced that it will offer a new streaming service to current TV and internet subscribers. The service, called Xfinity Streampix, will have a library of 75,000 television shows and movies.…
President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
Research in Motion Inc. (NASDAQ: RIMM) has today released an upgrade to the operating system of its PlayBook tablet. PlayBook OS 2.0 is based on the company’s recently acquired QNX operating system…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the closing bell, and investors will paying close attention for any clues on how the report sums up Hewlett-Packard Co. (NYSE: HPQ)…
There are reports out today that Barnes & Noble Inc. (NYSE: BKS) is set to launch an 8-Gbyte version of its Nook tablet tomorrow and Wal-Mart Stores Inc. (NYSE: WMT) is expected…
Greece got its 130 billion euro bailout. Most media outlets and economists made the same observation about the deal. Greece’s economy continues to contract at a rate of about 6%. Unemployment is above…
Europe reaches a deal to bail out Greece, but not all details are set. (Reuters) Japan and the U.S. agree on how much Japan will take in cuts to its import of Iranian…
The question will be is it enough?. After wide-spread consumer complaints about the manufacturing worker conditions at Apple (NASDAQ: AAPL) supplier Foxconn, and Apple’s alliance with watchdog Fair Labor Association, Foxconn has raised worker…
Douglas A. McIntyre A bankrupt mainland China subsidiary of Taiwan-based Proview Technology is now demanding $2 billion from Apple Inc. (NASDAQ: AAPL) for the right to use the iPad name on mainland China. Apple licensed…
Paul Ausick A patent dispute over the “slide-to-lock” feature between Apple Inc. (NASDAQ: AAPL) and Motorola Mobility Holdings Inc. (NYSE: MMI) in a German court has been decided in Apple’s favor. This marks the…
Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL) are the leaders of the consumer technology sector in the U.S. One dominates search and mobile OS, the other digital content, smartphones and tablet PCs.…
Research firm Gartner has released its fourth-quarter China smartphone market share data. It shows that Apple (NASDAQ: AAPL) has fallen behind. Apple now stands fifth in share at 7.5%, down from 10.4% in the previous…
