FBR Upgrades Symantec to 'Outperform'
FBR Capital Markets have upgraded shares of Symantec (NASDAQ:SYMC) to "outperform" from "market perform," saying that the company's focused enterprise product strategy and hand holding in the channel/sales reps are paying dividends in the field.
Can Google Win Patent War Against Microsoft, Apple?
In a world of never-ending battle for preserving intellectual property, technology giants Microsoft and Apple are hitting out at Google.
GM's Profit Doubles On Strong Sales
General Motors' profit topped estimates as revenue jumped 19 percent.
Pre-Market NASDAQ Movers (DNDN, ENTR, CADX, SPPI, ZIP, ASGN, SOLR, GOLD)
Shares of the following companies are actively trading in the pre-market hours Thursday on Nasdaq. The companies are Dendreon, Entropic Communications, Cadence Pharma, Zipcar, On Assignment, GT Solar and Randgold Resources.
Cargill Recalls 36M lbs of Ground Turkey Over Salmonella Outbreak
Cargill has recalled about 36 million pounds of fresh and frozen ground turkey products after an investigation found that turkeys from its Springdale, Arkansas plant may have been infected with Salmonella Heidelberg.
Apple May Launch HDTV Based on Bose VideoWave in 2012
Forget all the speculations about iPhone 5, the latest from the rumor mill is Apple could launch its HDTV modeled after Bose VideoWave in March 2012.
July Autos Sales Up, Yet Economic Concerns Persist
U.S. automakers reported higher sales for the month of July, but the ongoing weak economic environment doesn't bode well for the sector.
U.S. Reaches Debt Deal: Is it Enough to Sustain AAA Rating?
On Tuesday, President Barack Obama signed a bill to raise the U.S. debt ceiling, preventing the nation from defaulting for the first time in its history.
Tropical Storm Emily Strengthens, Nearing Puerto Rico, Haiti
Tropical storm Emily is gaining strength and is expected to approach Hispaniola tonight and Wednesday.
iPhone 5 Will Be a Scaled-Down Version of iPad 2: Analyst
As Apple is priming the supply chain to launch the much awaited iPhone 5 in September, an analyst with Rodman & Renshaw said the form factor of iPhone 5 could be a scaled down version of iPad 2.
Blitz Unveils Michael Phelps - Push the Limit Kinect Video Game
Blitz Games, a division of leading UK developer Blitz Games Studios, is developing 505 Games' Michael Phelps - Push the Limit on Kinect for Xbox 360.
Strange Green Blob Spotted in Space
NASA's Hubble Telescope has captured an unusual, ghostly green blob of gas that appears to float near a neighboring spiral galaxy.
Berenberg Bank Downgrades Akzo Nobel to 'Sell'
Berenberg Bank has downgraded shares of Akzo Nobel (PINK: AKZOY) to 'sell' from hold, saying that deteriorating demand conditions would offset the near-term margin benefits.
HTML5 on the Rise: What Does it Mean for Adobe Flash, Creative Suite?
Adobe is facing intense rivalry from HTML5, which could make its Flash less relevant and in turn spell tough times ahead for Creative Suite.
Express Scripts to Buy Medco Health For $29B, Shares Up
Express Scripts, Inc. (NASDAQ:ESRX) said it agreed to buy Medco Health Solutions, Inc. (NYSE:MHS) for $29.1 billion cash and stock deal that would see Express Scripts becoming the largest pharmacy-benefits manager in the U.S.
Nokia Slips to Loss in Q2 on Smartphone Woes, Shares up on EPS Beat, Outlook
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.
Mac OS X Lion May Have Topped 700K Installations in First 15 Hours: Analyst
Apple's latest desktop operating system - Mac OS X Lion - is off to a strong start and is expected to be a runaway success for the technology giant.
Intel Cuts PC Outlook: What Does it Mean for HP, Dell?
Intel slashed its 2011 PC growth forecast to a range of 8 percent to 10 percent, a move many analysts had expected from the chip giant as tablets are cannibalizing PC demand.
Nokia Q2 Results: What to Watch for
Nokia is scheduled to report its second-quarter results on July 21 before the market opens.
Cnooc to Buy Opti Canada for $2.1 B, Expands Oil Sands Presence
Cnooc said it agreed to acquire Canadian oil sands company Opti Canada Inc. for $2.1 billion in cash and debt.
FBI Cracks Down on 'Anonymous' Over PayPal Hacking, Arrests 14
The Federal Bureau of Investigation (FBI) has arrested 14 members of hacking group 'Anonymous' for their alleged involvement in a cyber attack on PayPal's website.
Apple iPhone 5 Vs. Samsung Galaxy S2: The Ultimate Smartphone Battle Shapes Up
Samsung is expected to launch four versions of the smartphone in the U.S. in July, and is expected to provide stiff competiton to the iPhone 5, which is expected in September.
News of the World Whistleblower Sean Hoare Dies: The Latest Victim of the 'Dark Arts'?
In a significant turnaround in the phone hacking saga, Sean Hoare - who first blew the whistle that the now defunct News of the World editor, Andy Coulson, encouraged phone hacking -- was found dead.
Non-Africans Carry Neanderthal DNA
People outside Africa are found to have some of the human X chromosome originating from Neanderthals, according to a latest study.
Max Shacknai Dies; Medicis CEO's Mansion Sees Two Deaths in a Week
Max Shacknai, the 6-year-old-son of Medecis Pharmaceuticals CEO Jonah Shacknai died after sustaining injuries from last week's accident.
Radioactive Decays Ignite Half of Earth's Heat
We are aware that heat is the primary driver of our Earth. From the planet's core to its surface, heat enables Earth's magnetic field, spreads the sea floor, and keeps continents on the move.
iOS Versus Android: It's All About Intellectual Property
The United States International Trade Commission (USITC) ruled on July 15, that HTC had infringed on two of the four patents involved in its lawsuit with Apple (NASDAQ:AAPL).
How Android Could Generate Microsoft's Next Billion Dollars
In a cutthroat competition, the success of one player could turn out to be a failure for another. And right now, Microsoft may be thanking Google's Android.
What EchoSign Acquisition Means to Adobe
Software company Adobe Systems has acquired EchoSign to boost its document exchange services platform.
What is Your iPad Cover's Color?
It is a known fact that iPad is evolving as a key revenue generator for Apple. But, analysts say that even iPad covers could be contributing millions of revenue to Apple.
