Each year, 24/7 Wall St. identifies 10 important American brands that we predict will disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason…
courtesy Barnes & Noble Inc.Microsoft (NASDAQ: MSFT) has two main partners to help it enter the mobile world. One is Barnes & Noble (NYSE: BKS), which sells the tabletlike e-reader Nook. The…
If you have not asked yourself about the ultimate death of Nokia Corporation (NYSE: NOK), it is time to rethink this situation as one which is growing more and more likely each…
Huge South Korean electronics company LG Electronics will abandon its tablet PC effort, according to Bloomberg. LG is among the five largest cellphone makers in the world. It should have the ability…
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC. Cepheid (NASDAQ: CPHD)…
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…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Agilent Technologies Inc. (NYSE: A) Started as Buy at Citigroup. Apple Inc.…
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…
The three major US stock indexes opened slightly higher this morning following the data on new US unemployment benefits claims (more coverage here) and 10-year Spanish bond yields that topped 7% (more…
Nokia (NYSE: NOK) to lay off 10,000 people. (Reuters) RealtyTrac reports foreclosures rise for the first time in 27 months. (Reuters) China may cut rates rather than press stimulus. (Reuters) A number…
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…
Members of the Chesapeake Energy (NYSE: CHK) board are close to picking a new chairman. (Reuters) Apple’s (NASDAQ: AAPL) lack of success blocking rivals in court and the slow introduction of the iPhone…
Texas Instruments Incorporated (NASDAQ: TXN) is out with guidance in its second quarter business update. While the results are said to be “narrowed” they are narrowed equally between the high-end and low-end…
The three major US stock indexes opened higher this morning as investors reacted positively to the $125 billion bailout of Spain’s banks (more coverage here). Once investors understood that this was yet…
