GLOBAL MARKETS

Oppenheimer has upgraded telecom giant Verizon Communications to outperform from perform, saying that the company is poised to benefit from the cloud computing trend.

Google started with a new feature for Google Calendar users, which makes it easy to publish appointment on a public forum so that collaborators can pick and choose the convenient times for them.

Federal Reserve Chairman Ben Bernanke on Tuesday acknowledged the fact that the economy has slowed down, but offered no hint that the U.S. central bank might be considering any more stimulus to accelerate growth.

Amidst the current bout of speculation regarding a possible takeover bid for Misys plc (London Stock Exchange: MSY), Jefferies & Co. revisited its long-held view that it are now in the final phase of the value realisation project that Mike Lawrie and ValueAct Capital embarked upon four years ago.

Google and Facebook warn internet users of websites running slow on Wednesday, as the world's largest internet companies, including Microsoft, Google, Yahoo and Facebook, test the new global number system.

During the Cupertino city council meet on Tuesday, a day after Apple launched its new services at the 2011 WWDC, CEO Steve Jobs announced new plans of starting a massive space-ship like campus at Cupertino, California.

After a series of Kinect hacks in recent months, Intel has used the Microsoft Kinect camera along with other open source software to enable photo-realistic rendering of 3D models into 3D images that are indistinguishable from a photograph.

The top after-market NASDAQ Stock Market gainers are: Ulta Salon, Cosmetics & Fragrance, Motricity, Nanometrics, Dyax, and Analogic. The top after-market NASDAQ Stock Market losers are: QuinStreet, Yongye International, Measurement Specialties, Corinthian Colleges, and STEC.

At the E3 conference on Tuesday, Nintendo introduced the Nintendo Wii U which is the company's next-gen home video game console.

The economy hasn’t looked so good recently. The housing market is double dipping, corporate profits are starting to disappointment, and last Friday’s jobs report was beyond horrible.

Micro-cap stocks occupy an unusual niche in equity investing.

Japanese electronic heavy-weight Sony, at the E3 conference, has announced the launch of a 3D Playstation-branded monitor later this year priced at $499.

Sony, at the E3, has confirmed its upcoming 'God of War' compilation series will be launched globally on September 13, 2011

PC maker Dell could acquire Brocade Communications Systems, Inc. in a bid to own assets in servers/storage/networking space.

The top pre-market NASDAQ Stock Market gainers are: Zion Oil & Gas, AEterna Zentaris, Exelixis, SunOpta, and Skyworks Solutions. The top pre-market NASDAQ Stock Market losers are: Citrix Systems, CA, American Capital Agency, and News Corp.

Japanese game developer Konami, at the E3, has unveiled a high-definition re-mastered version of the Metal Gear Solid series which is set to launch in November for PlayStation 3 and Xbox 360 platforms

The companies whose shares are moving in pre-market trade on Tuesday are: Temple-Inland, Synovus Financial, Expedia, Meadwestvaco, Verizon Communications, Weyerhaeuser, Carnival Corp, Pep Boys-Manny, Cliffs Natural Resources, Sprint Nextel and Citrix Systems Inc.

French game developing giant Ubisoft has unveiled, at the E3, its newest and the fourth addition to the Ghost Recon series called 'Tom Clancy’s Ghost Recon: Future Soldier'.

FBR Capital Markets said Atmel Corp. (NASDAQ: ATML) hosted its first analyst day since chief executive officer Steve Laub took the reins in mid 2006, reviewing key segment strategies and raising its financial margin targets. The brokerage maintained its market perform rating on shares of Atmel with a price target of $17.

Microsoft’s demonstration of Windows 8, the next-generation operating system, at D9 has put the third party Microsoft Windows developers in uncertainty about the development platform.

Apple Inc.'s (NASDAQ: AAPL) new iOS 5 messaging service, iMessage, is very negative for Research In Motion Ltd. (NASDAQ: RIMM) as it undermines BlackBerry Messenger, an analyst at Jefferies said.

Shares of Apple Inc. (NASDAQ: AAPL) started declining Monday from 1 pm EDT, exactly the start time of its annual worldwide developers conference (WWDC). An appearance by Apple CEO Steve Jobs at WWDC and its announcement failed to boost the company's stock.

At the E3 2011 press conference held at Los Angeles convention center, Microsoft Corp. premiered an interesting lineup of new games announcing further that the Halo 4 will be released in 2012.

The top after-market NASDAQ Stock Market gainers are: Mitcham Industries, Perficient, Zion Oil & Gas, Immersion, and Expedia. The top after-market NASDAQ Stock Market losers are: Life Partners Holdings, G-III Apparel Group, BioMimetic Therapeutics, Velti, Glu Mobile, and Apple.

Apple’s CEO Steve Jobs has announced his aim to ‘demote the PC’ industry while introducing the iCloud, Apple’s new cloud-based solution for synchronizing files across multiple Apple devices.

At the 2011 WWDC held at San Francisco on Monday, Apple formally announced its official social-media association with Twitter, leaving behind Facebook, the biggest social networking site in the world.

McDonald's has taken its billboard campaign to an interactive level in Sweden by launching a game website for smartphone users.

Shares of Apple Inc. were up 1 percent in the pre-market trading hours ahead of its much-anticipated annual Worldwide Developers Conference (WWDC).

The top pre-market NASDAQ Stock Market gainers are: SunOpta, EnerNOC, Identive Group, Ness Technologies, BioSante Pharmaceuticals, and Vical. The top pre-market NASDAQ Stock Market losers are: Amedisys, United Therapeutics, Yongye International, Star Scientific, and Corinthian Colleges.