The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters) China’s October PMI is…
Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters) The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters) Greece’s parliament…
The market sure didn’t feel too great through much of the warning, but the day turned out a lot better than it was looking. Weekly jobless claims remained stubbornly above the 400,000…
The headline number from Nokia Corp.’s (NYSE: NOK) third quarter earnings report is that sales fell by -13% year-over-year. But there were some positives as well. Instead of an expected EPS loss…
The smartphone business was among the most attractive in the tech world until recently. That was before Microsoft (NASDAQ: MSFT) forced several makers of Google (NASDAQ: GOOG) Android-based phones to pay it…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Align Technology, Inc (NASDAQ: ALGN) Started as Neutral with $19…
In the third quarter of 2011, Apple Inc. (NASDAQ: AAPL) shipped about 20 million iPhones, a quarter-over-quarter increase of about 11%. Smartphone shipments from competitors Nokia Corp. (NYSE: NOK) and Research in…
Research in Motion Ltd. (NASDAQ: RIMM) is surging today after a news report has turned into the rumor mill, and you can guess the rumor: a buyout. The Independent out of the…
It feels like Groundhog day in Europe. Greece fears are escalating and European markets are sharply lower. The Europeans are just unwilling or are unable to deal with their woes in a…
European stocks are leading the markets this morning and the direction is lower. Greece projected that 2012 deficits will be above plan and the nation has effectively admitted that it will not…
The results are in, and though they may be temporary, it’s now official that IBM Corp. (NYSE: IBM) has become the second largest high-tech firm in the world, passing Microsoft Corp. (NASDAQ:…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Citigroup, Inc. (NYSE: C), Cisco Systems,…
NokiaNokia (NYSE: NOK) has let go 7,000 people since CEO Stephen Elop joined the company after a career at Microsoft (NASDAQ: MSFT). He says Nokia will cut another 3,500 jobs. The firm…
