The launch of Apple's (NASDAQ: AAPL) iPad 2 is pointing to an increasing risk of bubble burst in the tablet market in the second half of 2011, according to an analyst from JPMorgan.
The price of gold may touch $5,000 an ounce in the next 4 to 5 years, California-based Capital Gold Group Inc. says.
The top pre-market NASDAQ stock market gainers are: Aeterna Zentaris, AeroVironment, Hercules Offshore, Randgold Resources, and ASML Holding. The top pre-market NASDAQ stock market losers are: Finisar, Oclaro, JDS Uniphase, Ciena, Infinera, and Opnext.
The companies whose shares are moving in pre-market trade on Wednesday are: Regions Financing, Tyson Foods, Carnival, Pultegroup, Prudential Financial, Jds Uniphase, Juniper Networks and Corning.
U.S. home loan demand rose sharply in the week ended March. 4, as the nation witnesses continued improvement in the labor market.
Internet marketing start-up HubSpot Inc. said it has raised $32 million from Google Ventures, Sequoia Capital and Salesforce.com Inc. (NYSE:CRM) in its fourth round of funding. To date, the five-year old company has raised $65 million.
Jefferies & Co. believes that Google Inc., Apple Inc., Adobe Systems, Microsoft Corp., and the large advertising agencies are potential acquirers of Velti Plc (NASDAQ: VELT).
Jefferies & Co. initiated its rating on shares of Velti Plc (NASDAQ: VELT) with a buy rating and a price target of $16.50. The company's unique advantage is that it offers customers the ability to deploy mobile marketing campaigns on a global basis, the brokerage said.
German industrial production rebounded sharply in January, following a contraction in the previous two months.
Shares of Talecris Biotherapeutics Holdings Corp. (NASDAQ: TLCR) touched a new 52-week high of $25.80 on Tuesday. The biotechnology company's stock has been rising since Thursday when it received orphan drug designation from the European Commission for the development of Plasmin, derived from human plasma, to treat acute peripheral arterial occlusion.
Chinese Deputy Housing Minister said on Wednesday the government will shell out $200 billion this year to build 10 million low-cost houses.
Barclays Capital has cut its profit estimates of BlackBerry maker Research In Motion, saying that low-end strength and aging products should lower average selling price.
The top after-market NYSE gainers on Tuesday are: Suncor Energy, Suntech Power Holdings, Morgan Stanley India Investment, Regions Financing and Fortress Investment Group. The top after-market NYSE losers are: Willbros Group, Boston Beer, Fabrinet, Fabrinet and NeoPhotonics.
Barclays Capital said its sales estimates for iPad 2 are likely conservative for Apple Inc.'s March quarter because of early shipment date. The brokerage still expects that competitors will find it tougher to compete with Apple in tablets than in phones given the integration of iTunes and Apple’s expertise in design and battery life.
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
The top after-market NASDAQ stock market gainers are: AeroVironment, Carmike Cinemas, Focus Media Holding, Immersion, and ArQule. The top after-market NASDAQ stock market losers are: Finisar, JDS Uniphase, Oclaro, Oplink Communications, Ciena, EMCORE, Opnext, Infinera, Orthovita, and Hutchinson Technology.
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from Bank of America.
U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
U.S. stocks rallied on the back of strength in financial shares are a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Gold Bullion slipped vs. a rebounding Dollar in London on Tuesday, briefly dropping 1.4% from yesterday's new record highs as world stock markets extended their losses.
Single serve coffee represents a meaningful opportunity for Starbucks Corp. (NASDAQ: SBUX) as it is a $4 billion a year market globally with US growing rapidly from its current base of about $100 million, according to RBC Capital Markets.
Last Thursday, the president of the European Central Bank (ECB) Jean-Claude Trichet vowed “strong vigilance” over inflation and said a rate hike is possible at the next meeting.
The spreading unrest in the Middle East's oil exporting countries could push crude prices higher, resulting in a huge blow to the U.S. economy which is otherwise looking good, according to an analyst.
The merger and acquisition activity in the banking sector is expected to pick up in 2011 as banks are expected to face several revenue growth headwinds in the coming days.
With gasoline & diesel prices at two-year highs, most of U.S. business fleets are forced to take an immediate hit to their profits, according to a new survey.
Xyratex Ltd.'s (NASDAQ: XRTX) hard disk drive-related business segment Storage Infrastructure is currently under pressure from continued, weak demand and excess supply for 2.5-inch (i.e. notebook) drives, according to RBC Capital Markets.
Monsanto Co. (NYSE: MON) said it will make an equity investment in San Diego-based algae fuel start-up Sapphire Energy Inc. to identify genes that positively affect growth in algae, which might have applicability in modern agriculture. Financial details of the agreement were not disclosed.
The recent increases in oil and food prices have raised questions about the sustainability of the U.S. recovery, while threatening to absorb as much as two-thirds of the $110-billion payroll tax cut, an analyst has said.
