S&P Cuts Ireland's Ratings to 'BBB+/A-2'; Outlook Stable
Standard & Poor's Ratings Services said that it has downgraded its sovereign credit ratings on the Republic of Ireland to 'BBB+/A-2'.
US Stocks in Focus (IRE, ALEX, NYX, SRA, LOGI, ODP, ASTI, OMER)
The companies whose shares are actively trading in Friday's morning session include Bank of Ireland, Alexander & Baldwin, NYSE Euronext, SRA International, Logitech International, Office Depot, Ascent Solar and Omeros.
Motorola Xoom But Not Yet Zoom
The amount of competitive new launches near-term is making it a little bit tougher for Motorola Mobility, especially for its Xoom tablet.
Scientists Reveal Inner Secrets of Giant Stars
A new study by astronomers has shed light on new light on the evolution of stars, including our own sun.
Mysteries of Jupiter, Saturn Rings Revealed
Astronomers have found that a planet's rings can be affected by specific events that occurred decades, not millions of years, ago.
US Stocks in Focus (AMIE, TSLA, RBY, VRUS, MTOR, KMX, LVS)
The companies whose shares are actively trading in Thursday's morning session include Ambassadors International, Tesla Motors, Rubicon Minerals, Meritor and CarMax.
GM Financial To Buy Canada's FinanciaLinx
General Motors Financial Co. Inc., a unit of automaker General Motors Co. (NYSE:GM), said it agreed to acquire FinanciaLinx Corp. to expand its product offerings in Canada.
ThinkEquity Starts Western Digital with Buy
ThinkEquity initiated coverage of Western Digital Corp. (NYSE:WDC) with a buy rating and $42 price target, saying accelerating growth of digital data will continue driving strong unit Hard Disk Drive (HDD) growth in the future.
iPhone 5 To Come in September Quarter: Analyst
Apple will deliver its iPhone 5 in its late fourth quarter ending Sept. 2011, according to an analyst from BMO Capital Markets.
Fed's Delay on Debit-Card Rules Could Benefit Major Banks (BAC, WFC, JPM, USB)
The delay by the Federal Reserve Board in adopting final rules to limit debit-card interchange fees could benefit the largest banks.
Salesforce.com To Acquire Radian6 for about $326 mln
Salesforce.com said it agreed to acquire Radian6, a social media monitoring platform, for about $326 million in cash and stock deal a move that will help Salesforce to effectively market its cloud-based products.
Nvidia Profit View Lowered at ThinkEquity
ThinkEquity lowered its profit estimate of Nvidia Corp. citing lower PC graphics growth.
Americans Favor Moratorium On New Nuclear Reactors
While a drop in public support for nuclear power would be expected after an incident like the Fukushima reactor crisis, the nuclear disaster in Japan has triggered a much stronger response among Americans.
Demand for Graphics-Enabled Chips To Surge in 2011: IHS
The year 2011 will be the biggest period yet for graphics-enabled microprocessors (GEM), as the penetration of GEMs reaches 50 percent in notebook PCs and 45 percent in desktops, according to IHS iSuppli research.
Siemens Gets Orders for Wind Turbines from Minnesota Power
Siemens Energy said it has been awarded another order from Minnesota Power for 35 3-megawatt SWT-3.0-101 direct drive wind turbines for its Bison 2 wind energy center near Center, North Dakota.
Starbucks: Single-Serve Outlook Gets Even Cloudier
At its annual meeting, Starbucks Corp. (NYSE: SBUX) said it would offer its own value oriented single-serve machine with Courtesy Products.
Brown-Forman to Buyback up to $250 Mln of Common Shares
Brown-Forman Corp. has authorized its Board to repurchase up to $250 million of its outstanding Class A and Class B common shares through November 30, 2011.
BHP Billiton to Invest About $10 Bln in Australia
BHP Billiton Ltd., one of the world's largest mining companies, said it would invest about $10 billion in Australia to expand its iron ore coal mining operations.
Nvidia Unveils World's Fastest Graphics Card GeForce GTX 590
Graphics chip maker Nvidia launched the GeForceGTX 590 and claims it as the world's fastest and quietest graphics card.
Imax to Open 75 theatres in China, Shares Surge
Imax Corp. plans to open 75 new theatres in China as part of joint revenue sharing deal with Wanda Cinema Line Corp., sending its shares up more than 10 percent in NYSE.
US Airlines Trim Capacity - Aero Aftermarket Impact (LUV, JBLU, DAL, AAR, UAL, LCC, GR)
At least four US airlines have reduced their capacity plans for 2011 largely due to the high oil price.
TEPCO's Latest Update on Fukushima Daiichi Nuclear Plant
Tokyo Electric Power Co. (TEPCO) has released the following update on the status of on Fukushima Daiichi nuclear power plant.
Analysts Cut Adobe Profit View
At least three brokerages have cut the profit forecasts of Adobe Systems (NASDAQ: ADBE), a day after the software company reduced its second quarter outlook by $50 million.
Mac OS X Guru Leaving Apple, Shares Down
Apple said that Bertrand Serlet -- senior vice president of Mac Software Engineering -- will be leaving the company and would be replaced by Craig Federighi, who is currently the vice president of Mac Software Engineering.
Judge Blocks Google Deal With Publishers (FULL TEXT)
A U.S. judge's ruling has rejected Google's deal with publishers that would have digitized every book and made them widely available.
Apple TV Software Update 4.2.1 Released, Fixes Flickering Bugs
Apple has released its new Apple TV software update 4.2.1 that addresses flickering and other issues associated with the earlier update 4.2.
TEPCO's Latest Update on Fukushima Nuclear Plant
Following is the update from Tokyo Electric Power Co (TEPCO) on Fukushima Daini nuclear power plant.
Angry Birds Rio for Android Available Exclusively on Amazon Appstore
Amazon said the highly anticipated Angry Birds Rio for Android debuts today, exclusively in the Amazon Appstore and customers can even download it for free for a limited time.
Amazon Launches Appstore for Android
Amazon.com, Inc. said it has launched the Amazon Appstore for Android at www.amazon.com/appstore where customers can by Android apps.
B&W in Talks With Toshiba Over Fukushima Daiichi Nuke Plant
Babcock & Wilcox said it is in discussions with Toshiba Group to provide nuclear technical assistance and services to secure and maintain the safety of the nuclear power plants at Fukushima Daiichi in Japan.