Updated throughout the day on the 24/7 Wall St. Wire. Microsoft (NASDAQ: MSFT) will buy social network firm Yammer (Reuters) Credit Suisse is under pressure to increase its capital bases. (FT) Douglas…
Douglas A. McIntyre Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. Greece’s acceptance of austerity measures, based on results of the elections, provided no confidence that Spain — in its second recession…
The pro-austerity party wins the election in Greece and will try to build a coalition. (Reuters) India surprises analysts by keeping its rates as is, despite a slow economy. (Reuters) The FCC…
Rumors are that Microsoft (NASDAQ: MSFT) will release a tablet PC today. It will run a version of Windows Mobile designed to operate on ARM architecture. Most analysts of the tablet market…
The three major US stock indexes opened slightly higher this morning as markets reacted to news of a cooperative effort by central banks to maintain liquidity in the world’s financial system (our…
That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he…
Several G20 nations have signaled that their central banks will do what is necessary to keep credit markets liquid so that capital is available to keep the global money system from the…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion…
Tech industry blog The Wrap reports that Microsoft (NASDAQ: MSFT) will release its own tablet PC next week. That means it will follow Google (NASDAQ: GOOG) into the premium portable smartphone and…
Dell (NASDAQ: DELL) and Barnes & Noble (NYSE: BKS) each made what they considered important announcements yesterday. Neither piece of news addressed the core problems each company faces, which is that they…
NokiaWhat CEO Stephen Elop called Nokia’s (NYSE: NOK) “burning platform” just got much smaller. He described Nokia with that analogy immediately after he joined Nokia just over a year ago. The company will…
When Apple (NASDAQ: AAPL) announced it would launch its own map products, analysts wondered where the data would come from. The question was answered today when the world’s most valuable company set…
Shares of Nokia Corp. (NYSE: NOK) rose more than 12% last week, about half that on Friday as rumors swirled that the company might be acquired. Nokia, now partners with Microsoft Corp.…
The attention of international capital markets is likely to turn to Italy now that Spain has gotten a $125 billion reprieve for its economy and troubled banks. Although Greece remains a concern, Italy is…
China’s growth slows in May. (Reuters) Troubles in Europe and the slowing of emerging economies threaten U.S. company earnings. (Reuters) China’s exports rose rapidly in May, which may help its domestic economy.…
