AMBAC (ABK) Brutal sell-off in some financials. S&P cuts some securities covered by the insurer. Down to $1.74 from 52-week high of $89.33. Verasun Energy (VSE) Corn up, ethanol stocks down. Hits…
Nokia (NOK) can’t seem to get the message the consumers don’t want pseudo Apple (AAPL) iPhones. The world’s largest handset maker will release its new N96 super-sophisticated handset later this year. According…
Webster Financial (WBS) Bank needs to raise cash. Falls to $21.77 from 52-week high of $46.40. Pfizer (PFE) Concerns about product pipeline. Sells down to $18.45 from 52-week high of $27.33. Nokia…
It is almost impossible to understand why business people could not use their RIM (RIMM) Blackberry devices to trade stocks until now. The Blackberry can run e-mail applications and the new versions…
Motorola (MOT) may be close to finding a new CEO for its handset division. It is his job to do what two generations of management before him could not. He is being…
It would not surprise many people to hear that there are not a ton of cellphone in Africa, especially when Egypt and South Africa are taking out of the mix. Nokia (NOK)…
Douglas A. McIntyre According to Reuters, merger talks between United (UAUA) and US Air (LCC) has been halted. Reuters reports that a US oil probe is focusing on price manipulation. Reuters writes that April insured…
In a reorganization of China’s telecom industry, which would be almost unimaginable in the West, the country plans to merge two of its largest mobile companies, China Netcom (CN) and China Unicom…
The Apple (AAPL) iPhone will soon be available in Asia. That will not include the pearl of all handset markets, China. but it does pick up potential sales elsewhere. According to Reuters,…
The Microsoft (MSFT) Zune is as rare as the Studebaker, so Apple (AAPL) has nothing to fear from plans to get more adoption for the portable music device. According to The Wall…
Nokia (NYSE: NOK) sold 115 million handsets in the first quarter, an increase of 27% over the same quarter a year ago. The bad news is that the average yield-per-handset fell to…
Douglas A. McIntyre According to Reuters, US senator Charles Schumer has asked the SEC to look at conflicts of interest at bond rating firms. Reuters writes that Washington Mutual (WM) are in favor of the…
Citigroup (NYSE: C) cannot syndicate its EMI loan, AMD (NYSE: AMD) has lost its CTO, Fedex’s (NYSE: FDX) CEO sees a slowdown in the economy, and Nokia (NYSE: NOK) can’t sell phones…
David Dorman, the former captain and chief of AT&T (T), has come to Motorola (MOT) as Chairman. He was greeted with the handset, etc. company’s stock hitting a 52–week low at $8.97.…
Since everyone else has a date for the Apple (NASDAQ: AAPL) iPhone launch, why not offer another? According to intoMobile, the faster and thinner versions of the iPhone will come out in…
