11:28am ET
Investing
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…
MSFT Coverage Page 315
2:27pm ET
Investing
Nearly Half of DJIA Stocks Down Over 10% Or Approaching -10% From Highs (AA, BAC, CAT, DD, GE, HD, HPQ, JPM, MSFT, CVX, DIS, XOM, INTC, WMT, DIA, VZ, UTX, MMM)
Did you heed the call “Sell in May and Go Away!” this year? It turns out that as of mid-day we now have nearly half of the 30 Dow Jones Industrial Average…
8:37am ET
Investing
Today’s Best Market Rumor (6/1/2011) Nokia M&A, SAC Probe
Updated throughout the day. PE firm Gore is in talks to buy part of Borders (WSJ) SAC will be probed for its use of “expert networks”. (NYT) Microsoft (NASDAQ: MSFT) will but…
6:28am ET
Media
Media Digest (6/2/2011) Reuters, WSJ, NYT, FT, Bloomberg
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…
8:41am ET
Investing
Today’s Best Market Rumors (6/1/2011) Windows Mobile, Jobs Unveils, Carlyle IPO
Updated throughout the day. SAC faces a government investigation on insider trading activity from the MedImmune takeover (WSJ) Steve Jobs will unveil Apple’s (NASDAQ: AAPL) iCloud service this month (Reuters) Carlyle Group…
6:17am ET
Media
Media Digest (6/1/2011) Reuters, WSJ, NYT, FT, Bloomberg
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…
12:43pm ET
Telecom & Wireless
America’s Worst Board Members: Jorma Ollila Of Nokia
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…
11:01am ET
Telecom & Wireless
Nokia Must Consider a R-I-M Merger, Survival Risks For Both (NOK, RIMM, MSFT, AAPL, GOOG, HPQ, ERIC)
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…
6:21am ET
Apps & Software
How Much Are China Sales Worth To Microsoft ?
Microsoft (NASDAQ: MSFT) says that the sales of Windows in China are about 5% of what they are in the US although each country has about the same number of PCs. Piracy…
6:18am ET
Media
Media Digest (5/27/2011) Reuters, WSJ, NYT, FT, Bloomberg
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
6:55am ET
Apps & Software
In Defense Of Steve Ballmer
In defense of Steve Ballmer, Microsoft (NASDAQ: MSFT) may not be a company that can be greatly improved, no matter who runs it. Hedge fund chief David Einhorn of Greenlight Capital called…
6:39am ET
Media
Media Digest (5/26/2011) Reuters, WSJ, NYT, FT, Bloomberg
G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of…
6:37am ET
Consumer Electronics
Sony 0, Microsoft 2 –PS Customers Screwed
Sony Corp. (NYSE:SNE) Chief Executive Howard Stringer is living proof of “Murphy’s Law.” Everything that could have gone wrong for the media and electronics giant has done so. Last month came word…
6:36am ET
Telecom & Wireless
A Mild Panic As Apple Share Price Slides
Apple’s (NASDAQ: AAPL) share price is supposed to keep going up. Many brokers have price targets for the stock above $400 and some are as high as $450. The stock trades at…
6:20am ET
Media
Media Digest (5/24/2011) Reuters, WSJ, NYT, FT, Bloomberg
Experts say a Greek default would harm other EU nations and banks. (Reuters) Several insurers face large losses because of US weather damage. (Reuters) AIG (NYSE: AIG) will price shares to be…