Media Digest (6/3/2011) Reuters, WSJ, NYT, FT, Bloomberg
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Updated throughout the day. PE firm Gore is in talks to buy part of Borders (WSJ) SAC will be probed for its use of “expert networks”. (NYT) Microsoft (NASDAQ: MSFT) will but…
May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models shows LinkedIn…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Altria Group, Inc. (NYSE: MO) Reiterated Buy and Raised target to…
Nokia (NYSE: NOK) looks quite a lot like the old Motorola did five years ago. Motorola’s cellphone business was nearly ruined as the company failed to replace its RAZR with another popular…
The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Nokia (NYSE: NOK) chairman Jorma Ollila really should not be on the 24/7 Wall St. America’s Worst Directors List. Nokia is based in Finland, but it is traded on the NYSE and…
Over the last week, 24/7 Wall St. has been working on two different pieces about Nokia Corporation (NYSE: NOK) and Research-in-Motion Ltd. (NASDAQ: RIMM). Nokia was “Nokia’s No Way Out Scenario” and…
A number of media outlets say that Microsoft (NASDAQ: MSFT) bought global VoIP service Skype for $8.5 billion. Skype’s subscriber base has been put at 655 million. Skype’s S-1, a step toward…
Howard Stinger, Sony’s current CEO, is 69 and most analysts expected him to step down in the next year. The hack of the PlayStation Network, which has happened not once but twice…
NokiaNew Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new chief executive…
Samsung filed patent lawsuits against Apple (NASDAQ: AAPL) over smartphone technology (Reuters) The Japanese government will release $50 billion to cover initial costs of the earthquake (Reuters) The Administration will create a…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple Corporation (NASDAQ: AAPL), Allied Irish Banks (NYSE: AIB), Nokia…
Apple (NASDAQ: AAPL) earnings surpassed expectations and the company said iPad 2 units were backlogged (Reuters) BP plc (NYSE: BP) sued Transocean (NYSE: RIG) for $40 to cover costs related to Deepwater…
Reuters: Apple (NASDAQ: AAPL) will begin to ship the new version of its iPhone in September (Reuters) Intel (NASDAQ: INTC) and VMWare (NYSE: VMW) both posted strong earnings (Reuters) A drop in…