Rumors We Would Like To Hear: HTC To Buy RIM
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60…
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60…
Goldman Sachs (NYSE: GS) may release papers to investigators that show its trading behavior at the start of the credit crisis used flawed math and that the bank did not violate regulations.…
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for…
There is a game of chicken between social networks and the stock market. Each new IPO raises more questions about valuations. Those questions may bring more skepticism from investors. The big social…
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Groupon, Inc. has just filed for an initial public offering. No terms were disclosed other than that the sale is for up to $750 million in common stock. The company plans to…
May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models shows LinkedIn…
Some portions of the population of the People’s Republic cannot help themselves. Google’s Gmail system is broken into with greater and greater frequency. The most serious battle was in early 2010 when…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Altria Group, Inc. (NYSE: MO) Reiterated Buy and Raised target to…
The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Nokia (NYSE: NOK) chairman Jorma Ollila really should not be on the 24/7 Wall St. America’s Worst Directors List. Nokia is based in Finland, but it is traded on the NYSE and…
Over the last week, 24/7 Wall St. has been working on two different pieces about Nokia Corporation (NYSE: NOK) and Research-in-Motion Ltd. (NASDAQ: RIMM). Nokia was “Nokia’s No Way Out Scenario” and…
Chiquita Brands (NYSE: CQB) was sued for supporting dangerous para-military groups in Columbia in 2007. The EU began what is likely to be a vigorous examination of the Western Digital (NYSE: WDC)…
Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
This is the Twitter-24/7 Wall St. market report for May 27, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?