Can Audi pass BMW, which passed Mercedes? The ongoing race for the prime position among luxury car companies in the U.S. was won by BMW in 2011. It sold 247,907 cars and…
US markets opened lower today and finally managed modest gains by mid-afternoon. News from Europe on the reluctance of banks to lend, coupled with an higher-than-expected yield on a French bond issue…
Updated throughout the day. Pepsico (NYSE: PEP) may cut 4,000 jobs (NY Post) Eastman Kodak (NYSE: EK) is close to a Chapter 11 filing (WSJ) Japan Air will raise $6.4 billion in…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. AstraZeneca PLC (NYSE: AZN) Cut to Underweight at JPMorgan. BlackRock,…
An analyst likes Nokia Corporation (NYSE: NOK) despite every misstep and problem caused by better more well-heeled smartphone makers. Credit Suisse is out with an upgrade this morning that took that rating…
Qualcomm Inc. (NASDAQ: QCOM) is getting some new competition. While companies like Broadcom Corporation (NASDAQ: BRCM) and Nokia Corporation (NYSE: NOK) have had patent fights with Qualcomm in years past, a new challenge…
Toyota (NYSE: TM) forecasts that it will sell 8.48 million cars and light trucks worldwide next year — up 20% from 2011. The prediction is based on two factors. The first is that…
Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT) may have an interest in buying Research In Motion (NASDAQ: RIMM) (WSJ) Amazon (NASDAQ: AMZN) may have an interest in buying RIM (Reuters) China hackers…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the…
Markets moved up at the open with the DJIA higher by over 200 points. Market leaders included Sprint-Nextel (NYSE: S), up nearly 5% as the AT&T (NYSE: T) deal with T-Mobile was…
Remarks made over the weekend by Nokia Corp. (NYSE: NOK) CEO Steven Elop appear to quell any notion that the company plans to enter the tablet market any time soon. The company…
Smartphone makers are expected to sell some 142 million units in the current calendar quarter. The bulk of those sales are pumping up the revenues at two vendors — Apple Inc. (NASDAQ:…
Apple Inc. (NASDAQ: AAPL) is still one of the most revered companies in America, and in the world. Since Steve Jobs has passed away there has been a bit less enthusiasm for…
Nokia (NYSE: NOK) has returned to the U.S. smartphone market. Unfortunately, its partner is also-ran wireless provider T-Mobile. That will make it very difficult for the smartphone to get adoption. Experts already…
The National Retail Federation increased its forecast for holiday sales to 3.8%, which would mean a total of $469 billion for November and December. That is up from its earlier 2.8% prediction. The…
