GLOBAL MARKETS

Sony Cuts FY Outlook, Now Sees $3.18 Bln Loss

Sony cut its outlook for fiscal year ended March 31 and now expects a loss of $3.18 billion for the period as it took a hefty charge over impact of Japanese earthquake on its operations.
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China’s manufacturing growth slows in May

After Chinese government tightened the monetary policy in April for four times, the manufacturing growth of the country slowed in May, while price pressures eased, according to a survey showed on Monday, Reuters reported.
Data Release for USD: Ben Bernanke speaks on US economy

End of the…QE2 Program on June, 30 2011

Markets have tanked in May not because of the Doomsday prediction of Harold Camping. Rather, investors are scared of the 'Armageddon' on June 30, 2011 - the end of QE2.

Some Fast Facts About LinkedIn

Shares of LinkedIn, a professional networking site, soared as high as $122 on its first day of trading on New York Stock Exchange.

LinkedIn IPO May Spark Another Tech Bubble

Shares of LinkedIn soared as high as $122 on its first day of trading on New York Stock Exchange, bringing back memories of tech bubble in late 1990s when investors lapped up internet firms.
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Cephalon Investor Meeting Takeaways on Acquisiton by Teva: Analyst

RBC Capital Markets hosted an investor meeting with Cephalon Inc.'s (NASDAQ: CEPH) chief financial officer Wilco Groenhuysen and chief marketing officer Lesley Russell. The brokerage listed out key takeaways regarding the proposed acquisition of Cephalon by Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA).
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LinkedIn shares soaring

Shares of LinkedIn (NYSE: LNKD), the most highly anticipated initial public offering of the year, have almost doubled in value on their first day of trading.

Dell Profit View Raised At Barclays

Barclays Capital has increased its profit forecast for PC maker Dell, given prospects for higher gross margins, partially offset by lower revenues.

Google fixing Android leak

Google is on its way to fix the vulnerability issue with Android phones that could have exposed users' personal data.

PC market still intact, claims Intel

Intel’s managerial unit declared on Thursday that keyboardless netbooks and tablets maybe a new cult thing, but it is not killing off PCs (Personal Computers), a report said.

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