Updated throughout the day. French aerospace firm Safran will pay 4 billion euros for Italian company Avio. (La Lettre de L’Expansion) Airbus may increase production A320 due to strong demand (WSJ) Microsoft…
Douglas A. McIntyre Nokia (NYSE: NOK) will launch its new N9 Microsoft (NASDAQ: MSFT) Windows-powered smartphone later this year. It does so as the entire industry faces slowing sales and a dizzying number of new…
Fitch said a voluntary roll-over of Greece sovereign debt would be viewed as a default. (Reuters) This week is critical to US budget talks as an August 2 deadline looms. (Reuters) Wal-Mart…
Updated throughout the day Japan’s PM told associations what the terms of his resignation would be (Kyoto) Ford (NYSE: F) will spend $1 billion to upgrade Lincoln (WSJ) Airbus received a $17.2…
We have a lot to expect from the cast of characters in what we call The Unusual Suspects in the coning week. We will be watching trading in shares of Apple Inc.…
Research in Motion Ltd. (NASDAQ: RIMM) is about to come clean on its earnings report. Needless to say, expectations are low and our take is that anyone who thinks that guidance won’t…
Any CEO can change his management team. But, chess is not won by the use of new pieces. It is won by a strategy of attack and defense. Hewlett-Packard’s hapless new CEO,…
NokiaAll Nokia (NYSE: NOK) has to do is hang on for a few years and it will have a huge share of the smartphone market due to its partnership with Microsoft (NASDAQ:…
Short sellers must not agree with the conventional wisdom that high gas prices and unemployment will keep Americans out of stores and malls this summer. These investors decreased their negative bets against…
Apple Inc. (NASDAQ: AAPL) has enjoyed massive growth over the last decade. It has overcome a near-death experience and transformed itself into the second largest company by market capitalization. Now that its…
Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. American International Group, Inc. (NYSE: AIG) Started as Neutral at Goldman…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
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…
