ThinkstockSony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax loophole helps…
U.S. equity markets opened higher this morning, taking advantage of buying opportunities after yesterday’s slide in equities’ prices. In the U.S., the Thomson Reuters/University of Michigan consumer sentiment index and the Conference…
ThinkstockIn another move to boost subscriptions to its Prime Instant Video service, Amazon.com Inc. (NASDAQ: AMZN) today said that it has signed a licensing agreement with the NBCUniversal division of Comcast Corp.…
courtesy of AOL, IncGartner reports that smartphone sales grew in the first quarter and Samsung continued to gain share. (MarketWatch) The AP says the U.S. Department of Justice took some of the…
courtesy of Facebook Inc.China’s factory output misses expectations on the low side. (Reuters) Posting on Google+ has been low, hurting the chance for Google Inc. (NASDAQ: GOOG) to get ads for the…
courtesy of AOL, IncChina’s trade surplus is better than expected in April. (Reuters) With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters) Some hedge funds…
courtesy of the Walt Disney Co.The Walt Disney Company (NYSE: DIS) has released its first-quarter earnings report. Earnings rose by 32% to $0.83 per share from $0.63 in the prior-year quarter. Outside…
Jon C. Ogg ThinkstockThe U.S. government accuses China of stealing military secrets. (Reuters) Microsoft Corp. (NASDAQ: MSFT) plans to upgrade Windows 8 to boost sales. (Reuters) New York state will file charges against Bank of…
starwars.comElectronic Arts Inc. (NASDAQ: EA) has a better friend from an old friend in the world of video games and brands. News has broken that the Walt Disney Co. (NYSE: DIS) and EA…
courtesy of the Walt Disney Co.It looks as though Walt Disney Co.’s (NYSE: DIS) “Iron Man 3” could save the summer box office yield all by itself. Like several popular serial movie…
Douglas A. McIntyre ThinkstockIron Man’s Record Weekend Walt Disney Co.’s (NYSE: DIS) “Iron Man 3” could save the summer box office yield all by itself. Like several serial movie franchises, each installment tops the next.…
courtesy of NetflixThe HSBC services Purchasing Managers’ Index (PMI) drops to 51.1 in April, a sign that China’s manufacturing economy is barely expanding. (Reuters) Bain and Golden Gate are close to a…
U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and…
These are the top analyst upgrades from select Wall Street research calls on April 29, 2013. They include Abercrombie & Fitch, Disney and Petrobras.
thinkstockIn an effort to boost the amount of time users spend on its website, privately held Twitter is reportedly negotiating with Viacom Inc. (NASDAQ: VIAB) and Comcast Corp. (NASDAQ: CMCSA) for the…
