Amazon, Apple Soar; Autodesk Tanks (AAPL, AMZN, ADSK, CMCSA, NFLX)
Ah, the fortunes of war. Shares of Apple Inc. (NASDAQ: AAPL) are up about 77% over the last 12 months, and the stock posted a new all-time high earlier this week. Amazon.com…
Ah, the fortunes of war. Shares of Apple Inc. (NASDAQ: AAPL) are up about 77% over the last 12 months, and the stock posted a new all-time high earlier this week. Amazon.com…
Following in the footsteps of last week’s approval of the deal, the Federal Communications Commission today has approved the $3.9 billion acquisition by Verizon Communications Inc. (NYSE: VZ) of wireless spectrum from…
Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for July and the list is topped by the usual suspects. comScore counted…
The latest installment of “The Expendables” franchise debuted at number one at weekend box offices around the country. “The Expendables 2” from Lions Gate Entertainment Corp. (NYSE: LGF) hauled in $28.8 million…
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop…
The US Department of Justice today has approved the $3.9 billion spectrum acquisition by Verizon Communications Inc. (NYSE: VZ) from SpectrumCo LLC, a joint venture of Comcast Corp. (NASDAQ: CMCSA), Time Warner…
Carlyle Group LP (NASDAQ: CG) and China PE funds may take Focus Media Holding Ltd. (NASDAQ: FMCN) private. (Reuters) The company that owns the Empire State Building expects earnings to double in…
Knight Capital Group Inc. (NYSE: KCG) raises $400 million. (CNBC) HTC reports that sales of its smartphones fell 45% year-over-year. (Reuters) The New York State Department of Financial Services apparently is investigating…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…
Comcast Corp. (NASDAQ: CMCSA) reported second-quarter adjusted earnings per share (EPS) of $0.50 and $15.2 billion in revenue before markets opened this morning. The EPS compares to $0.42 in the year-ago period,…
The three major US stock indexes opened mixed this morning following the unemployment report from the Eurozone, which showed that the 11.2% rate had remained unchanged. The Eurozone consumer price index was…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Broadsoft Inc. (NASDAQ: BSFT) raised to Buy at Goldman Sachs. CafePress Inc. (NASDAQ:…
Last week was a jam-packed week of earnings reports and this week has many key reports. We have provided earnings previews for 11 companies we expect to follow this week. Estimates are…
The week ahead is going to be a busy week. There are many traditional events to watch, but by now the market participants and investors have learned that they have to pay…
Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like Google’s move…