JP Penney (JCP) May Buy Stack In Martha Stewart
JC Penney (NYSE: JCP) may buy a 16.6% stake in Martha Stewart Omnimedia (NYSE: MSO) according to The New York Times. The price would be $3.50 a share, or a 16% premium to…
JC Penney (NYSE: JCP) may buy a 16.6% stake in Martha Stewart Omnimedia (NYSE: MSO) according to The New York Times. The price would be $3.50 a share, or a 16% premium to…
HTC, based in Taiwan, is supposed to be the leader among the world’s Android-based smartphone companies. It is supposed to be the company with products that can challenge Apple’s (NASDAQ: AAPL) iPhone franchise. Those…
Tomorrow’s launch of an upgrade to Xbox Live from Microsoft Corp. (NASDAQ: MSFT) is the latest shot in the battle for control of US TV sets. The Redmond giant isn’t the only…
Samsung shares rise after its victory in the U.S. against Apple’s (NASDAQ: AAPL) attempt to block its Galaxy tablet from the U.S. market. (Reuters) HSBC data show that China’s PMI slowed considerably. (Reuters)…
A pact to save Europe. France’s president Sarkozy and Germany’s Angela Merkel will try to set a grand pact to save Europe. Germany wants strict adherence to austerity plans in nations that…
VirnetX Holding Corp (AMEX: VHC) is trading higher on news that the ITC is investigating its complain that Apple Inc. (NASDAQ: AAPL) bringing in products into the United States which violate some of…
Smartphone pioneer Research in Motion Ltd. (NASDAQ: RIMM) has lowered its third-quarter guidance and said that it will take a “predominantly” non-cash charge of $485 million on its existing inventory of the…
Most of America’s largest companies are also among its oldest companies. In fact, many of the Fortune 100 firms are more than a century old. Almost none were founded in the past…
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…