iPad could see holiday rush orders by next week
Despite the tablet market getting crowded by each day, the demand for iPad continues to surge and could see rush orders as early as next week.
Earth's biggest lakes warming up as climate changes
Even as scientists are warning that the increasing global warming could be a threat to aquatic species, NASA researchers have determined that Earth's largest lakes have warmed during the past 25 years in response to climate change.
S&P 500 index to trade in 1,100 to 1,300 range: analyst
Credit Suisse expects the S&P 500 index to trade in the 1,100 to 1,300 range, saying that most important potential source of turbulence in equity markets may be the actions of monetary policymakers.
Dynegy ends Blackstone deal, seeks new bids from potentially interested parties
Energy firm Dynegy Inc said it intends to terminate the merger deal with Blackstone Group and seeks new proposals from potentially interested parties.
HP to sign mega deal with Salesforce, may dump Oracle Siebel: analyst
PC giant Hewlett Packard is probably going to sign a mega customer relationship management deal with Salesforce.com for about 35,000 to 40,000 seats, a move that might end up replacing Oracle Siebel as its CRM provider.
Sandisk upgraded to 'outperform' at RW Baird
Robert W. Baird upgraded shares of Sandisk, to 'outperform' from 'neutral', citing expectations of stable gross margin for 2011 and significantly better-than-seasonal NAND pricing for first half of 2011.
Boeing profit view lowered at Gleacher
Gleacher lowered Boeing's 2011 profit estimate as it expects further delays in the company's 787 aircraft entering service.
Attachmate To Buy Novell In $2.2B Deal
Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.
Tyson Foods posts Q4 profit; Shares down as sales miss Street view
Tyson Foods, one of the largest US chicken producers, reported $213 million in its fourth-quarter profit on lower goodwill impairment charges. However, the company's shares were down about 3 percent in the pre-market hours as its sales came in below market expectations.
Should Airplanes look like Birds to save Fuel?
Airplanes do not look much like birds. But, according to a pair of engineers in California and South Africa, a bird's design could make an aircraft more fuel efficient.
Intel Q4 Revenue Likely Tracking at or Below Guidance Midpoint: analyst
Chip giant Intel's fourth quarter revenue are likely tracking in the lower half of the company's guidance of $11.0 billion to $11.8 billion on sluggish PC trends, said FBR Capital Markets analyst Craig Berger.
Humans may become 'wireless towers' in future
The researchers are investigating how small sensors carried by members of the public, in items such as next generation smartphones, could communicate with each other to create potentially vast body-to-body networks (BBNs).
How much iPhone worth as standalone business?
iPhone, just three years old and already attained cult status, has catapulted Apple (AAPL) to one of the largest technology companies in the world.
Qualcomm upgraded to outperform at Credit Suisse
Credit Suisse upgraded chip maker Qualcomm to outperform from neutral and raised profit estimates of the company, citing improved visibility on earnings growth.
GM shares soar after landmark IPO
Shares of automaker General Motors opened at $35 in its first trading day on the NYSE after recovering from a government funded bailout. The opening price was an increase of 2 percent from its IPO price of $33.
GM Back On Road with Blockbuster IPO; But Is That Enough?
GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.
Staples Q3 profit rises 7 pct as costs fall
Staples Inc., the world's largest office products company, reported 7 percent rise in quarterly profit, which also came in above market estimates, as it managed to keep a lid on its costs.
Zynga Rolls Out CityVille On Facebook
Farmville maker Zynga has launched a new urban game CityVille, which will be available only on Facebook.
Rodman & Renshaw starts Biostar Pharma with market outperform
Rodman & Renshaw has initiated Biostar Pharmaceuticals with a market outperform rating and a price target of $7, saying that its hepatitis B drug Xin Aoxing could drive future growth for the Chinese Pharma company.
GM's IPO could be the world's largest
General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.
Target 3Q profit rises 23 pct, in line with Street
Target Corp, the No.2 discount chain in U.S. behind Walmart, reported 23 percent rise in its quarterly profit as the retailer's attractive discount schemes have drawn more shoppers to its stores.
Roche to slash 4,800 jobs amid healthcare cost pressures
Swiss pharma giant Roche said it plans to cut 4,800 jobs worldwide over the next two years due to mounting cost pressures in healthcare -particularly in the US and Europe - and increasing hurdles for the approval and pricing of new medicines.
Overseas sales boost Walmart profit; Co. ups FY11 profit view
Retail giant Walmart reported 9 percent growth in its quarterly profit on strong sales at its international operations and raised its fiscal 2011 earnings outlook.
US Tech M&A Booming
The stage is set for another wave of mergers and acquisitions in the U.S. technology sector as the big players, who are flush with cash and looking to expand their horizon, are acquiring aggressively in quest for new products and technology.
Standpoint Research starts Cisco with 'buy'
Standpoint Research has initiated coverage on Cisco Systems with a 'buy' rating and a price target of $24 and analyst Ronnie Moas said the market has overreacted to the company's weak outlook.
US stocks fall amid China inflation concerns
U.S. stocks fell in early trade on Friday as speculation over interest rate hike in China and concerns about euro-zone sovereign debt weighed on the sentiment.
GM, Chrysler reorganizations undermined legal principles: Experts
Two University of Illinois experts in bankruptcy law are saying that the legal principles applied in the bankruptcy reorganizations of GM and Chrysler were misguided, and have ultimately undermined the distributional norms of bankruptcy reorganizations.
Oracle, Apple team up for OpenJDK for Mac OS X
Oracle and Apple have announced the OpenJDK project for Mac OS X, a move that will make Apple's Java technology available to open source developers.
Nvidia profit view raised at FBR
FBR Capital Markets raised its profit estimate and price target of Nvidia (NVDA), a day after the graphics chip maker reported third quarter earnings that topped Wall Street estimates.
Nokia's stock price could double on emerging markets exposure
Cell phone giant Nokia, which is struggling to regain its market share in the United States, could find its new growth engine in the form of emerging markets and surging demand for smartphones.