Nokia was badly hurt by poor earnings and rumors of a takeovers. CVS suffered from a report by Fox Business the organized crime has hurt retail margins. EMC division RSA suffers major…
Updated throughout the day. GM (NYSE: GM) may sell its European Opel operations (Reuters) Nokia (NYSE: NOK) will be bought by Samsung (various) Securities regulators are reviewing transactions between Goldman Sachs Group…
Congressional leaders will consider tax cuts as part of talks on an increased US debt cap. (Reuters) Citigroup (NYSE: C) said hackers gained access to data on bank cards. (Reuters) St Louis…
Texas Instruments Inc. (NYSE: TXN) may be buying National Semiconductor Corporation (NYSE: NSM) and the tech demand may still be strong for chips. Unfortunately, the company just warned investors that its results…
The acting head of the IMF said that the US does not need stimulus because exports and disposable income will lift GDP. (Reuters) Facebook’s facial recognition technology is increasing worries about privacy.…
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60…
Nokia Nokia Corporation (NYSE: NOK) is hosed if 2011 becomes its own version of “Nokia’s New Normal.” It has seen more downgrades than the U.S. economic recovery in the last week. What…
Jon C. Ogg 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…
