Crude oil is at $101.40, up 1.61% Gold is at $1,746, up 1.57%. Hong Kong’s Hang Seng closed down 1.46% to 17,989. Japan’s Nikkei closed lower by 0.51% to 8,435. The U.S. 10-year is at 2.11%, down 0.12%. The FTSE…
The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters) American Airlines parent AMR (NYSE: AMR) files for Chapter 11. (Reuters) S&P cuts its ratings on…
Almost no one knows what a zettabyte is. Cisco Systems (NASDAQ: CSCO) uses the term to measure the volume of data center IP traffic. According to the router giant, “Annual global data…
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales rose…
RIM (NASDAQ: RIMM) has decided that if it cannot beat them, it will join them The troubled smarphone company may offer some of the security features that come on its Blackberry in…
Deutsche Bank analyst Chris Whitmore checked 100 locations that sell Apple (NASDAQ: AAPL) products and found 75% were sold out of iPhone 4S at the close of business. Analyst firm Piper Jaffray reported that…
Douglas A. McIntyre The mid-November NASDAQ short interest may have been lost in the Thanksgiving and Black Friday shuffle, but there were some very interesting and in some cases startling short interest factoids in the…
Research firm Sterne Agee downgraded Research In Motion (NASDAQ: RIMM) from Buy to Neutral. The company’s shares recently reached a seven year low as the firm’s Blackberry product losses market share to Apple’s…
Crude oil is at $99.55, up 2.90% Gold is at $1,723, up 2.03%. Hong Kong’s Hang Seng closed up 1.97% to 18,038. Japan’s Nikkei closed higher by 1.51% to 8,283. The U.S. 10-year is at 2.08%, up 0.11%. The FTSE…
The sovereign debt forest fire moved to Hungary, the debt of which was downgraded to junk status by Moody’s . Other factors were even more important as the fate of the EU…
Research firm GfK reports that brand loyalty to Apple (NASDAQ: AAPL) is much higher than to other wireless products (Reuters) AT&T (NYSE: T) began to ready itself for the probable end of its…
To say that Sprint Nextel Corp. (NYSE: S) has had a tough go lately is an understatement. To even whisper the same thing about Clearwire Corp. (NASDAQ: CLWR) is a colossal understatement.…
Last quarter, China passed the U.S. as the world’s largest smartphone market. That means the fortunes of companies like Apple (NASDAQ: AAPL) will be decided as much in China as in the U.S. Some…
Amazon.com Inc. (NASDAQ: AMZN) is back with some dirt cheap offers in smartphones, and some of these may seem to be good to be true. While this may include Verizon Communications Inc.…
Yields on what Spain had to pay for $4 billion in debt reached record levels. That is similar to what happened to paper issued recently by France and Italy. Rising yields are…
