The mess in Greece will not go away, even though the nation’s parliament voted by an overwhelming margin to accept austerity measures to get a 130 billion euro bailout, its second. Citizens continue…
Greece’s parliament passes austerity measures as people riot. (Reuters) President Obama’s new budget plan will be based in part on taxation of the rich. (Reuters) Olympus forecasts a $412 million loss. (Reuters)…
In another round of the global intellectual war between Apple (NASDAQ: AAPL) and Samsung, Apple has filed a lawsuit in the US which claims the South Korean firm violates four of its patents.…
Jon OggThis last week was very busy, and Friday’s disappointing trading day skewed many research reports. Each morning we track analyst upgrades and downgrades and over the weekend we review each to…
Apple Inc. (NASDAQ: AAPL) has been hitting new all-time highs of late, and analysts have been ratcheting up their price targets. We recently noted one analyst call for a $665 price target…
China’s imports number fell more than expected, another sign that an economy that grew at 10% or more per year for a decade has moved into a recession of sorts. Exports decreased 0.5%…
The U.S. and state attorneys general reach a $25 billion settlement with five banks over mortgage abuses. (Reuters) The Hong Kong division of Alibaba may go private as part of a refinancing…
To keep its customers in a frenzy of demand, Apple (NASDAQ: AAPL) has a major new product release about twice a year. The last one was the iPhone 4S. It was such…
Sony’s (NYSE: SNE) new CEO Kazuo Hirai says the way for the company to turn around is to use the successful Playstation model. The PS3 is a gaming console, internet device, and entertainment…
The three major US stock indexes opened a bit higher this morning, and after some volatility have managed to get to the final half hour of trading with a modest gain. Some…
Microsoft Corp. (NASDAQ: MSFT) is preparing to distribute computers with a version of its upcoming Windows 8 operating system for devices using ARM processors from ARM Holdings plc (NASDAQ: ARMH). This marks…
Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in industry profit,…
A hacker group called Swagg Security has gained access to internal servers at Chinese manufacturer Foxconn, a large supplier to Apple Inc. (NASDAQ: AAPL), Dell Inc. (NASDAQ: DELL), and IBM Corp. (NYSE:…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Amgen Inc. (NASDAQ: AMGN) Cut to Perform at Oppenheimer; named…
Canaccord Genuity has what may sound routine with a “Reiterated Buy” rating in Apple Inc. (NASDAQ: AAPL) this morning. The call is far from routine, because the firm’s price target is being…
Jon C. Ogg 
