The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In…
It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to…
The U.S. wireless market will continue to be dominated by AT&T Inc. (NYSE: T) and Verizon Wireless despite Softbank’s 70% investment in Sprint Nextel Corp. (NYSE: S). (Reuters) Starbucks Corp. (NASDAQ: SBUX)…
Economists and researchers believe data for the fourth quarter demonstrate that the fiscal cliff could hammer growth between now and year’s end. If so, the stock market may take a steep tumble as it…
The much anticipated deal for Softbank to buy 70% of Sprint Nextel Corp. (NYSE: S) was announced by the companies. The price was a bit higher than expected at $21.1 billion. Sprint shareholders will get…
Douglas A. McIntyre In a world with a total population of about 7 billion, cell phone subscriptions numbered about 6 billion at the end of 2011, according to a report from the U.N.’s International Telecommunications…
The plot is thickening on the Sprint-Softbank talks. David Faber on CNBC has said that talks between Sprint Nextel Corp. (NYSE: S) and Softbank are advanced, but they are for a stake…
Jon C. Ogg The coming fiscal cliff represents a huge hurdle for America. Government and private sector forecasters have warned that the expiration of tax cuts, along with hundreds of billions of dollars in government…
Samsung may be losing the patent battle with Apple Inc. (NASDAQ: AAPL) in the courts, buy based on expert preference, the edge is not so clear. Consumer Reports rated the new Apple…
MetroPCS Communications Inc. (NYSE: PCS) saw its shares recover handily and shares were halted briefly after Bloomberg reported that Sprint Nextel Corp. (NYSE: S) was likely to try to make a counterbid…
Jon C. Ogg AT&T Inc. (NYSE: T) is coming to the aid of Nokia Corp. (NYSE: NOK). As it no longer has the exclusive for the Apple Inc. (NASDAQ: AAPL) iPhone, AT&T has been free…
Nokia Corp. (NYSE: NOK) is about to get a boost from AT&T Inc. (NYSE: T). Reports indicate the huge wireless service network will launch the new Lumia 920 and 820 smartphones. Each…
Macau Gambling Revenue Macau gambling revenue came in short of expectations. Macau has become the Mecca of gaming firms as activity has slowed, particularly in places like Las Vegas and Atlantic City.…
Apple Inc. (NASDAQ: AAPL) might have expected that its successful patent suit against Samsung and the launch of the iPhone 5 would dampen demand for Samsung’s flagship smartphone, the Galaxy S III.…
China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo. (Reuters) The head…
