Samsung may be gaining rapidly on global handset market leader Nokia (NYSE: NOK), which has been beaten at every turn in the smartphone business. The South Korean company said it will sell 300…
NokiaNokia (NYSE: NOK) will soon launch its Lumia 710, a Microsoft (NASDAQ: MSFT) mobile powered smartphone, in the U.S. Sales in the first week may well determine the fate of the phone with…
Europe has cobbled together what appears to be a solution to the sovereign debt crisis. The markets do not believe in its efficacy. Most shares traded down once details were release. But…
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the United States…
Jon C. Ogg The action out of China’s virtual easing by lowering reserve requirements was already a boost to global markets, but the coordinated central bank efforts of the U.S., Canada, Europe, Switzerland, and the…
The Europeans do not celebrate Thanksgiving. That is a good thing today, because some 17,000 workers in Europe and elsewhere under the Nokia-Siemens Networks venture are going to be fired between now…
Jon C. Ogg Last quarter, China passed the U.S. as the world’s largest smartphone market. That means the fortunes of companies like Apple (NASDAQ: AAPL) will be decided as much in China as in the U.S. Some…
Concerns about the price of oil have returned after a summer in which both crude and gasoline prices fell. Slow production from OPEC nations is not to blame. Libyan production is actually…
The super committee makes no significant decisions on the budget deficit. (Reuters) The largest shareholder in Olympus cuts its position. (Reuters) Google (NASDAQ: GOOG) launches its new music service. (Reuters) Germany and…
Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell…
The Eurozone growth rate of 0.2% in the third quarter may have met expectations but this is just one more example that growth is so low already that getting out of the…
Markets opened higher today, and after some backsliding in the mid-morning, pulled ahead again by mid-afternoon. Crude oil closed up more than 2% at $97.78/barrel and gold was down by about -1.8%,…
These are some of Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Advance Auto Parts. Inc. (NYSE: AAP) cut to Neutral at Credit Suisse. Amazon.com Inc. (NASDAQ:…
