iPhone 4S to Help AT&T Set New Record in Smartphone Sales
U.S. telecom giant AT&T, Inc. (NYSE:T) said it sold about 6 million smartphones in the first two months of the fourth quarter and expects to break the previous single-quarter smartphone sales record of 6.1 million, thanks mainly to Apple iPhone 4S.
Gold Eyes EU Summit, Could Approach $2000
The European Union (EU) summit this Friday will consume market attention, as it will discuss steps to resolve the Eurozone debt crisis. Price sensitivity to headlines will persist, if not intensify, and make for jerky market moves.
What Does New York's Medicare-Medicaid Integration Mean for MCOs?
New York State's Medicaid Redesign Team (MRT) recently published its final recommendations to the New York State Dept. of Health, proposing a model that would fully integrate Medicaid and Medicare services for those eligible for both programs (dual eligibility).
RIM Delays Launch of Next-Gen Smartphone 'London': Analyst
Research In Motion Ltd. (NASDAQ:RIMM) is said to have delayed the launch of its first BlackBerry 10 OS-run London smartphone by at least 3 months.
Citigroup Could Get Faster Regulatory Capital than Other Banks: Analyst
Citigroup Inc. (NYSE:C), which announced Tuesday that it would cut about 4,500 jobs, could get faster regulatory capital than other banks, according to a Wall Street analyst.
Apple Testing iTV with AT&T, Verizon: Analyst
Apple, Inc. (NASDAQ:AAPL) is steadily making progress on its ambition to enter consumers' living rooms, via its own television sets called iTV, which are expected to be launched in the first half of 2012.
What is Driving Construction Spending?
Total construction spending has contributed to real Gross Domestic Product (GDP) over the past two quarters and is expected to add to economic growth through 2013.
Apple iPhone 5 To Have New CPU, Different from iPad 3: Analyst
As iPhone 4S is receiving overwhelming demand and several stores are experiencing stock outs, Apple is readying a successor to iPhone 4S in the name of iPhone 5. Rumors are rife that Apple would be beginning the production of iPhone 5 in the first-half of 2012.
Holiday 2011 Countdown: iPhone 4S, Samsung Galaxy S2 Seeing Strong Sales
Holiday shoppers may have taken a breather after busy Black Friday and Cyber Monday sales. However, the traffic in big box retailers, smaller format stores and carrier stores was strong.
Research In Motion: PlayBook May Have Flopped but New QNX Devices Could Surprise
BlackBerry makers, Research In Motion Ltd. (NASDAQ:RIMM), could surprise people with its QNX-based devices that may guide the Canadian company to better fortunes, according to a Wall Street analyst.
Boeing: Significant Cash Flow Improvements Seen Over Next Few Years
Boeing Co. (NYSE:BA) is expected to show significant cash flow improvements over the next few years, according to Barclays Capital Markets.
Sell HP, Buy Dell: Analyst
Deutsche Bank continues to recommend investors to buy into Dell, Inc. (NASDAQ: DELL) and sell Hewlett-Packard, Co. (NYSE: HPQ), saying HP was expensive, compared to Dell on Enterprise Value (EV) and Free Cash Flow (FCF) metrics.
Research In Motion Should Adopt 3rd Party OS, Ecosystem: Analyst
Research In Motion (NASDAQ: RIMM), which is struggling to gain ground in the battle against Apple, Inc. (NASDAQ: AAPL) and Android, should resort to a third-party operating system and ecosystem to get back to winning ways.
Groupon Set for Strong Growth in Q4 Amid Regulatory Probe
Daily deals site Groupon, Inc. (NASDAQ:GRPN) appears on track to produce strong growth in the fourth quarter, driven by an uptrend in billings.
Final MLR Rule Will Help Health Insurers Avoid Taxes
The Centers for Medicare and Medicaid Services issued its final rule on the minimum Medical Loss Ratio (MLR) regulation, including relatively minor technical adjustments and preserving the spirit of the regulation by requiring health plans to spend 80 to 85 percent of premiums on medical costs.
Red Hat Gaining Market Share Against Microsoft, SUSE Linux and Oracle Solaris
Red Hat, Inc. (NYSE:RHT) continues to gain market share against Microsoft, Corp. (NASDAQ:MSFT), SUSE Linux and Oracle Solaris in the cloud computing space, according to a Wall Street analyst.
Top 10 Tablets of 2011
Tablets are now becoming an integral part of our lives and as well as a portable alternative to PCs and laptops.
Intel Could Record Disappointing Q1 Results: Analyst
Canaccord Genuity has said that the sub-seasonal notebook production in the first quarter may hurt Intel Corp.
Lady Gaga Shines in 'Marry The Night' Video
American pop star, Lady Gaga, has released her latest music video, Marry the Night. This is also her directorial debut.
Sprint-Clearwire Saga Nears Critical Point
The developments in AT&T's (NYSE:T) attempt to buy T-Mobile over the past week have overshadowed Sprint Nextel Corp. (NYSE:S) and Clearwire's (NASDAQ:CLWR) behind the scenes effort to salvage their relationship in the form of a new agreement by Sprint to wholesale future LTE capacity from Clearwire.
Boeing: Machinists Union Deal a Significant Milestone, 2012 Risk Reduction Continues
Boeing, Co. (NYSE:BA) and the IAM 751 (Machinists) reached an agreement on a 4-year contract extension that will be in effect until September 2016.
Tokyo Motor Show 2011: Concept Cars Steal Limelight (PHOTOS)
The 42nd Tokyo Motor Show will open to the general public on Dec. 3. However, there are two press days, the second of which will be on Dec. 1.
Why Netflix is Broken and How to Fix it
Netflix, the online DVD rental firm, is in trouble as it is losing subscribers since it raised its prices in September, a move that will force it to spend more on marketing and report a loss in 2012, triggering investor concerns over its business model.
Intel Inventory Correction Ahead, Says Analyst
Canaccord Genuity sees risk of inventory correction for Intel Corp. (NASDAQ:INTC) in the first quarter as the shortage of hard disk drives (HDD) is driving higher CPU inventories.
India’s Economic Growth Slows Down; Will RBI Cut Rates?
India's economy grew at the slowest pace in more than two years, according to the recent Gross Domestic Product (GDP) numbers which shows the country's economy rose 6.9 percent in the July-September quarter.
NASDAQ 52-Week Low Stocks on Tuesday (BRCM, BONT, TTGT, PWER, ISSC, GEOY, WILC, FRAN, DARA)
Following are the stocks trading on Nasdaq that touched 52-week low on Nov. 29. The new 52-Week high indicates a stock is trading at its lowest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock's performance.
NASDAQ 52-Week High Stocks on Tuesday (HAIN, PCYC, NTK, MGAM, MAGS, LARK, INHX, HITK, HALO, AKRX, ANCX)
Following are the stocks trading on Nasdaq that touched 52-week highs on Nov. 29. The new 52-week high indicates a stock is trading at its highest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock's performance. One popular strategy employed by stock traders is to purchase companies hitting new highs.
American Airlines Parent AMR Files for Bankruptcy, Names Thomas Horton as CEO
AMR Corp. (NYSE:AMR), the parent company of American Airlines, has filed for bankruptcy protection under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York to shed its debt load and reduce costs after failed negotiations with pilot unions and higher fuel costs forced the company to take the last resort.
Verizon: A Clear Beneficiary of 4G Wireless Trends
Verizon Communications, Inc. (NYSE:VZ) is set to benefit from the explosive 4G growth, according to a UBS analyst who has upgraded the stock to buy from neutral.
Infosys Profit, Revenue Estimates Revised by Susquehanna
Susquehanna Financial has revised its profit and revenue estimates of software major Infosys Ltd. (NASDAQ:INFY), following a statement from S.D. Shibulal, its Chief Executive Officer (CEO) that the demand environment, which started to deteriorate 45 days ago, has yet to recover.