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 three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur much…
NokiaNokia Corporation (NYSE: NOK) has been one of the greatest disasters in telecom and communications out there as far as raw market value lost. Research-in-Motion Ltd. (NASDAQ: RIMM) is a runner-up, and…
LinkedIn (NYSE: LNKD) and eHarmony suffer data breaches that allow millions of passwords to be released. (Reuters) Janet Yellen of the Fed argues a slow economy may prompt more easing by the…
Growth in mobile phone shipments this year is expected to be about 4%, the lowest growth rate since 2009. That’s according to the latest global mobile phone tracking data from IDC. Total…
Nokia (NYSE: NOK) has launched a line of inexpensive touchscreen phones, perhaps to offset its failure in the high end of the smartphone market. Tens of millions of people around the world…
It is hard to imagine how the situation in Greece could worsen. G7 financial ministers met by phone yesterday to encourage leaders in the region to build a support system for weak…
Douglas A. McIntyre Nasdaq (NASDAQ: NDAQ) will announce what compensation it will give Facebook (NASDAQ: FB) brokers. (Reuters) The European Union continues to look at ways to help the region’s damaged banks. (Reuters) Spain says it has…
Apple (NASDAQ: AAPL) was the only original equipment manufacturer of cellphones to gain substantial market share in the US based on an average of the three months through April according to a new study by…
China’s PMI indicates a considerable slowing of its economy. (Reuters) Senior EC and ECB officials warn that the eurozone is on the brink of a calamity. (Reuters) Problems at Research In Motion (NASDAQ:…
The three major US stock indexes opened lower this morning as investors did not pay attention to a report that the eurozone would allow its bailout fund to be used to recapitalize…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Buy at Sandler O’Neill. Angie’s…
The board and management of Research In Motion (NASDAQ: RIMM) apparently would like to sell the company. That will not happen. It is not a good fit with any of the potential…
Canadian-based smartphone maker Research in Motion Ltd. (NASDAQ: RIMM) is expected to fire about 2,000 employees as soon as the end of this week as the struggling company tries to save itself…
courtesy Facebook Inc.Samsung released its new-age Galaxy S3 smartphone in Europe. Inventories are already gone in many places. The handset has gotten such favorable reviews and reactions that its sales are not unlike…
