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:…
Well, it used to be Greece taking us down daily, but now it is the much larger concern of Italy. The markets were supposed to be cheering that Silvio Berlusconi was going to…
Shares in Sprint Nextel Corp. (NYSE: S) and Nokia Corp. (NYSE: NOK) are both down more than -5% in mid-afternoon trading today. There’s not specific news to account for the drop, but…
Last week Sony Corp. (NYSE: SNE) said it would buy out the 50% stake in Sony Ericsson owned by its partner L.M. Ericsson Telephone Co. (NASDAQ: ERIC) for about $1.46 billion. The…
When Apple Inc. (NASDAQ: AAPL) reported that it sold 17 million iPhones in the third quarter of this year, that meant that the company’s smartphone market share fell from about 17.4% to…
Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the process of…
Samsung boasted that it sold more smartphones than Apple (NASDAQ: AAPL) in the third quarter, but it may not have made much money in the process. Volume is nearly useless without margins.…
Greece and the rest of the PIIGSÂ were hurting us for so long that it seems hard to believe that the Europeans are setting a 50% haircut for the Greek sovereign debt and…
