Nokia fell to a loss in the second quarter as it faces tough competition from Apple and Google's Android-powered smartphones, and recorded a restructuring charge. However, excluding one-time items, it managed to beat analysts' expectations.
Futures on major U.S. indices point to a lower opening on Thursday ahead of key weekly jobless claims data and corporate earnings.
The companies which are expected to see active trade on Thursday are: Microsoft, Morgan Stanley, Advanced Micro Devices, AT&T, Sandisk, Pepsico, Baxter International, BB&T, C R Bard, Western Digital Corp, VF Corp, Travelers Companies and Sherwin-Williams.
The top after-market NASDAQ Stock Market gainers are: Datalink, Mellanox Technologies, Zhongpin, Trimeris, and Allos Therapeutics. The top after-market NASDAQ Stock Market losers are: Forward Air, Seagate Technology, MKS Instruments, F5 Networks, Tractor Supply, The Cheesecake Factory, and Qualcomm.
The top after-market NYSE gainers on Wednesday are: SFN Group, Robert Half International, Badger Meter, Aegean Marine Petroleum and Blackstone Group. The top after-market NYSE losers are: Genworth Financial, Western Digital, Freescale Semiconductor, Vanceinfo Technologies and Terex Corp.
Apple is hoarding $76 billion in cash. George Soros' hedge fund (run by Keith Anderson) is nearly holding $20 billion in cash, or 75 percent of the assets under management, reported Bloomberg, citing unnamed sources.
The top pre-market NASDAQ Stock Market gainers are: Oncothyreon, BigBand Networks, Cirrus Logic, Allos Therapeutics, and Apple. The top pre-market NASDAQ Stock Market losers are: Riverbed Technology, Citi Trends, Fortinet, Aixtron, and F5 Networks.
The companies whose shares are moving in pre-market trade on Wednesday are: EMC Corp, CSX Corp, Textron, QUALCOMM, Leucadia National, Chipotle Mexican Grill, Ecolab, Yahoo and F5 Networks.
The top after-market NASDAQ Stock Market gainers are: Manhattan Associates, Cintas, Swisher Hygiene, Infinera, and Apple. The top after-market NASDAQ Stock Market losers are: Riverbed Technology, Fortinet, F5 Networks, Hansen Natural, and Synthesis Energy Systems.
The top after-market NYSE gainers on Tuesday are: Vmware, Dex One, Advance America, Wabash National, EMC Corp and Steelcase Inc. The top after-market NYSE losers are: Chipotle Mexican Grill, Government Properties Income Trust, Royal Bank Scotland Group, Motorola Mobility Holdings, Lear Corp and Gray Television.
Technology giant Apple Inc’s (AAPL) third quarter earnings and revenue beat Wall Street expectations, led by blockbuster sales of its hot iPhones and iPads.
The companies whose shares are moving in pre-market trade on Tuesday are: Icagen, Aixtron, Harley Davidson, KeyCorp, Apple, Travelzoo, Wynn Resorts, Broadcom, Netflix and Whirlpool Corp.
The southern state of Andhra Pradesh in India may have the largest Uranium reserve in the world, the country's head nuclear officer informs.
Borders is closing. But it's not all bad news. Buzz about liquidation sales are mounting.
Gold rose to a record high Monday, topping $1,600 per ounce, while concerns over mounting debt in both the United States and Europe heighten.
For those looking for real evidence of global economic recovery, here's some good news: Luxury is back.
A government advisory panel unanimously approved an experimental drug, Adcetris, from Bothell, WA.-based drug maker, Seattle Genetics, serving as the company's first commercial drug approved by the U.S. Food and Drug Administration.
The companies whose shares are moving in pre-market trade on Friday are: Clorox, First Horizon National, Chesapeake Energy, Matte, Southwestern Energy, FLIR Systems, Conagra Foods, Advanced Micro Devices and Altria Group.
The top pre-market NASDAQ Stock Market gainers are: Asia Entertainment & Resources, Google, Sino Clean Energy, Vical, and Carrizo Oil & Gas. The top pre-market NASDAQ Stock Market losers are: Seattle Genetics, Qlik Technologies, Logitech International, ICAgen, and Corinthian Colleges.
Search giant Google Inc’s (GOOG) second quarter earnings and revenue beat Wall Street expectations.
The top after-market NASDAQ Stock Market gainers are: Google, Vical, Asia Entertainment & Resources, Extreme Networks, and Resources Connection. The top after-market NASDAQ Stock Market losers are: FLIR Systems, Life Partners Holdings, Seattle Genetics, Shengkai Innovations, and Xyratex.
The chorus of voices warning against a US debt ceiling induced default is growing.
Shares of Netflix Inc. (NASDAQ: NFLX) touched a new life-time high of $304.79 on Wednesday after the online movie rental major jacked up its prices for DVD and streaming services. Though the subscribers blasted Netflix for raising its prices, investors welcomed the move as it will help save the company millions of dollars in streaming costs.
A Chinese-government affiliate ratings agency, Moody's, Warren Buffett, and Federal Reserve Chairman Ben Bernanke all warned lawmakers and Obama on the looming US debt ceiling.
During his bi-annual monetary testimony before Congress, Federal Reserve Chairman Ben Bernanke was confronted by none other than die-hard Libertarian Ron Paul.
It's true that Netflix has raised the price of its DVD rentals and online movie packages by 60 percent, removing the cheap streaming and DVD option, but their new plans aren't really that bad. The latest plan for both DVD rentals (one at a time) and unlimited streaming was a bargain at $9.99, a steal even. And although the price is now $15.98 a month, it's not the only option.The only qualm we foresee with this is that the streaming option may not provide full access to all new rel...
Netflix Inc. announced significant price increases by separating unlimited streaming plus unlimited DVD plans into separate packages, and hiking the price of the DVD plans.
Electronic Arts (NASDAQ:ERTS) said Tuesday it agreed to buy PopCap Games for as much as $1.3 billion in cash and stock to boost its digital gaming business.
Netflix has increased its monthly fee by 60 percent for the DVD and Online subscription.
Netflix customers upset by rising rates are taking their concerns to the internet. At 8:30pm, EST, there were some 11,000 comments on Netflix's Facebook page, decrying the price increase.
