Media Digest (5/3/2012) Reuters, WSJ, FT, Bloomberg
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
Data released last week showed that Samsung passed Nokia (NYSE: NOK) as the top handset maker in the world. Just as impressive, in the high-end smartphone sector, Samsung moved ahead of Apple…
Some fast backpedaling by Korea’s LG Electronics has apparently stopped the claim by a Korean newspaper that the electronics giant is ditching Microsoft Corp. (NASDAQ: MSFT) and the US company’s Windows Phone…
Microsoft’s (NASDAQ: MSFT) decision to invest in the e-commerce arm of Barnes & Noble (NYSE: BKS) will do nearly nothing for the bricks-and-mortar book company. The challenge the two companies face has…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against…
N9kia (NYSE: NOK), already almost without a pulse, was downgraded to junk by S&P. The agency said Standard & Poor’s Ratings Services said today that it had lowered its long-term corporate credit rating…
Samsung passed longtime global handset leader Nokia (NYSE: NOK) in the first quarter, according to Strategy Analytics. Global handset shipments reached 368 million units for the period, and the South Korean company…
Alcatel-LucentAlcatel-Lucent, S.A. (NYSE: ALU) recently saw its shares jump due to earnings from Juniper Networks, Inc. (NYSE: JNPR) but the new earnings report from the company itself shows that the ties are…
Jon OggThere are more changes in the short interest of some of the key cult stocks and most actively traded and controversial stocks. The start of earnings season may have influenced the…
Near the rear of AT&T (NYSE: T) and Verizon Wireless retail stores sit smartphones like the HTC Trophy, the LG Vortex and Sony Experia. These usually sell for less than high-end Samsung smartphones and…
The important Auto China 2012 show has allowed many large manufacturers to increase their commitment to the People’s Republic. It is the world’s largest market for cars and light trucks, with sales…
The blows to Nokia’s (NYSE: NOK) fortunes have become fatal now. Fitch downgraded the company’s debt to ‘BB+’ from ‘BBB-‘. The outlook for Long-term Issuer Default Rating is negative, Fitch reported. The…
Among the more developed countries of Asia — China, Japan, South Korea, and Taiwan — the top global brand is Apple Inc. (NASDAQ: AAPL) in three and trails only a local brand…
BRICs want more of a say in the International Monetary Fund before they make their next contributions. (Reuters) French president Nicolas Sarkozy almost certainly will be voted out of office, raising questions…
Nokia Corporation (NYSE: NOK) is magically trading higher after earnings. The reaction is certainly not due to any great accomplishments. There is probably some short covering, but the real news is the…