The three major US stock indexes opened slightly lower this morning ahead of the release later today of the minutes of the last FOMC meeting. Asian markets were mixed overnight and markets…
By now investors have had time to digest the notion that technology company sales and earnings are just not going to live up to prior expectations in most cases. Investors are learning that…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Alcoa Inc. (NYSE: AA) Cut to Underperform at BMO Capital Markets. Alkermes,…
There are more rumors — or news, based on the credibility of the reports — that Amazon.com (NASDAQ: AMZN) has signed up suppliers in Asia to build a smartphone. The device would…
Spain has decided the only way to tackle its budget deficit is via extremely sharp expense cuts coupled with a more modest move to increase taxes. Prime Minister Mariano Rajoy says his government will…
NokiaNokia’s (NYSE: NOK) shares have fallen so low that some investors and analysts of the handset industry believe the Finnish firm has reached the brink of bankruptcy. The company’s stock has fallen…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
Large computer screens are not exactly new. Still, it is amazing just how big some of these can get. Microsoft Corporation (NASDAQ: MSFT) once demonstrated a large tabletop touchscreen PC unit, and…
Jon C. Ogg Shares of Nokia Corp. (NYSE: NOK) hit a new 52-week low of $2.00 last Thursday and have continued to slide since then. Shares are down -8% just before noon this morning, even…
Some wireless companies oppose the use of their networks as a means to make political contributions. (Reuters) Chinese inflation falls as the nation’s economy cools. (Reuters) The push to put together a European…
When data integration software maker Informatica Inc. (NASDAQ: INFA) warned on second quarter earnings after markets closed last night, the company’s share price fell by more than -25% and now down nearly…
Bloomberg reports that Amazon.com (NASDAQ: AMZN) may launch a smartphone, which would mean the world’s largest e-commerce company would join the mobile phone sector just after Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG)…
Shares of Nokia Corp. (NYSE: NOK) set a new 52-week low of $2.00 today. The one-time leader in sales of mobile phones did not have any news, but the company’s prospects are…
It is no secret that the world of smartphones has consolidated and continues to consolidate. Research in Motion Ltd. (NASDAQ: RIMM) was the smartphone just a few years ago for executives and…
Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters) Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters) The U.S. probe begins on whether Chesapeake…
