According to Reuters, US Steel (X) will buy Canadian steel company Stelco for $1.1 billion. Reuters writes that Singapore’s state-owned Temasek Holdings has approached Nasdaq (NDAQ) about buying its stake in the…
According to Reuters, a group of California gas stations filed suit against Chevron (CVX), Saudi Aramco, and Royal Dutch Shell for price fixing. Reuters writes that Canon (CAJ) is spending another $862…
It is a matter of time before Motorola (MOT) loses its position as the No.2 handset maker behind Nokia (NOK). And ’tis Samsung that will do MOT in. According to new Gartner…
Douglas A. McIntyre According to Reuters, Countrywide (CFC) sought to calm investors about it future as it laid of mortgage workers. Reuters reports that Nasdaq’s (NDAQ) failure to buy the London Stock Exchange makes it…
Qualcomm (QCOM) got more bad news yesterday. It largest customer, Nokia (NOK) filed a complaint with the ITC to ban imports of handsets that the big European company says infringe on its…
According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
Facebook has built an application that runs on the Apple (AAPL) iPhone. TechCrunch believes that it is the best application yet for the handset. The new product is a win for both…
Perhaps Sony (SNE) should not feel so bad about all of those faulty PC batteries that it made. This AM Nokia (NOK) announced that as many as 46 million handsets had Matsushita…
Qualcomm’s (QCOM) legal strategy for defending its intellectual property has been a mess recently. It lost a key ruling with the ITC. The agency said that because the company infringed on certain…
It was hard to imagine that things could get worse for Qualcomm (QCOM) but they have. The company announced strong earnings this month and guided higher, but all of the other news…
Yesterday, a federal judge ruled that two Qualcomm (QCOM) patents for video compression where not enforceable because the company "deliberately concealed the patents from a standards-setting group,", according to The Wall Street…
Microsoft’s (MSFT) Zune does not seem to be doing much good getting the company a piece of the Apple (AAPL) iPod digital music player market. So, the world’s largest software company is…
According to Bloomberg, Nokia’s (NOK) net income rose to 2.83 billion euros ($3.87 billion), or 72 cents share. The company moved market share toward 40 percent by introducing new devices as competitor…
Douglas A. McIntyre Motorola (MOT) hit a new 52-week low today. And, at $16.73, it is no wonder. Nokia (NOK), the US company’s larger rival, is expected to say that it sold nearly 100 million…
Douglas A. McIntyre A number of stocks did badly last week, but with the market up so much over the last two years, only a small number hit 52-week lows. One of those was Motorola…