Smartphone pioneer Research in Motion Ltd. (NASDAQ: RIMM) has been working for quite a while now on getting a new phone out the door with the company’s spanking new QNX operating system.…
Paul Ausick Google’s (NASDAQ: GOOG) Android mobile OS could have 50% of the smarphone market share worldwide. If so, it would be a blow to Apple (NASDAQ: AAPL), Research In Motion (NASDAQ: RIMM), and…
Apple Inc. (NASDAQ: AAPL) has been reiterated as BUY with a $560 price target objective this morning by Canaccord Genuity. The firms channel checks indicate record iPhone December quarter sales and showed…
Jon C. Ogg The gap between the top tier and bottom tier of handset makers continues to widen. Taiwan-based HTC posted is worst quarter in two years. But Samung’s smartphone sales pushed its fourth-quarter profits higher. There is…
Can Audi pass BMW, which passed Mercedes? The ongoing race for the prime position among luxury car companies in the U.S. was won by BMW in 2011. It sold 247,907 cars and…
J. C. Penney Company, Inc. (NYSE: JCP) is getting hit pretty hard this morning. While current investors will not appreciate the drop, this is actually great news for those investors who wanted…
Taiwanese chip maker Elan Microelectronics Corp. has settled a patent dispute with Apple Inc. (NASDAQ: AAPL). According to Elan, Apple will pay the company $5 million and the two will sign a…
Paul Ausick Too much of a good thing, maybe, for Verizon Communications Inc. (NYSE: VZ). Verizon Wireless, the company’s joint venture with Vodafone plc (NASDAQ: VOD) sold 4.2 million Apple Inc. (NASDAQ: AAPL) iPhones…
Eastman Kodak (NYSE: EK) probably will declare bankruptcy this month. It has too little cash to operate with its current expenses and balance sheet. So far, it has been unable to license…
Eastman Kodak (NYSE: EK), established nearly 140 years ago, soon may declare Chapter 11. It is burdened by debt, loses money and has been unable to license most of its 1,100 patents. It…
Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo on Iranian oil. (Reuters) Citing defense cuts, Boeing (NYSE: BA) closes it…
Shares of Netflix Inc. (NASDAQ: NFLX) have risen about 7% today and it’s hard to say whether the main cause is speculation that Yahoo! Inc. (NASDAQ: YHOO) might buy the company or…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Acme Packet, Inc. (NASDAQ: APKT) Cut to Neutral at…
US stock markets rallied on the first morning of trading in the new year. Index futures were up sharply and trading zoomed past the mark to rise more than 2%. Strong manufacturing…
In an apparent effort to blow out its existing inventory, Research in Motion Ltd. (NASDAQ: RIMM) has dropped the price of all its PlayBook tablets to $299 — regardless of memory size.…
