Google (NASDAQ: GOOG) will start an e-commerce business to compete with Amazon.com (NASDAQ: AMZN). Amazon is the devil to struggling bricks-and-mortar companies that want more online sales. But Google eventually may be…
Auto sales reach a two-year high. (Reuters) Tom Glocer, the head of Thomson Reuters (NYSE: TRI), resigns and will be replaced by the COO. (Reuters) The intellectual property battle between Apple (NASDAQ:…
The iPhone 4S from Apple Inc. (NASDAQ: AAPL) gets top marks for customer satisfaction according to a new survey from Changewave Research. Some 77% of customers are “very satisfied” with the latest…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
There is some good news for Apple Inc. (NASDAQ: AAPL), Microsoft Corporation (NASDAQ: MSFT), Dell Inc. (NASDAQ: DELL), and even the bruised Hewlett-Packard Co. (NYSE: HPQ). TrendForce’s DRAMeXchange is forcasting that better…
New from ADP that the private sector added 206,000 jobs this month helped push stocks higher. The three major exchanges–DJIA, NASDAQ, and S&P 500 were up nearly 3% Some stock of major…
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…
