Everyone knows that Facebook has more than 500 million users, a market value north of $50 billion, and a CEO whose life has already been documented in a feature film. Why does…
Updated throughout the day. Starbucks (NASDAQ: SBUX) and Green Mountain are in talks about a strategic partnership (Reuters) Borse Dubai has not been asked to sell its 20% stake in the London…
This is the Twitter-24/7 Wall St. market report for February 14, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10…
Pandora Media, Inc. will likely soon be a public company. The leader in internet radio filed its preliminary IPO paperwork on Friday evening. Terms such as a share count and a price…
Leave it to Apple Inc. (NASDAQ: AAPL) to grab a headline on the same day that Nokia Corp. (NYSE: NOK) reveals a tie-up with Microsoft Corp. (NASDAQ: MSFT). Bloomberg cites “people who…
NokiaMicrosoft (NASDAQ: MSFT) won a huge victory today. Struggling handset company Nokia (NYSE: NOK), which is still the global leader in its industry, will use Redmond’s mobile OS in its smartphones. Nokia…
Game maker Activision Blizzard, Inc. (NASDAQ: ATVI) posted unimpressive fourth quarter results after the market closed last night, and to make matters worse, offered a weaker-than-expected outlook for the current quarter and…
Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges. (Reuters) Facebook…
Data released by comScore about mobile phone sales in December showed that trends from earlier in the year continued. Sales of Samsung handsets bested all of its rivals in the US with…
Regulators will push to keep Wall St. firms from side stepping regulations on financial firm pay. (Reuters) Toyota Motor’s (NYSE: TM) fiscal third quarter profits fell but it increased it forecast for…
A number of news media have recently reported that Nokia (NYSE: NOK) CEO Stephen Elop will replace a large number of the top managers at the world’s largest cellphone company. Among the…
Video game retailer GameStop Corp. (NYSE:GME) today authorized a boost of $500 million in its share buyback program, replacing a $300 million authorization made in September 2010, and about half of which…
Facebook is now worth $50 billion and has become the hottest property on the Internet. The problem is that the site may find it more difficult to generate revenue than many imagine.…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
