The three companies are starting a joint venture, Isis, in order to build a national commerce network that will utilize mobile phones to make point-of-sale purchases.
The top pre-market NASDAQ stock market gainers are: Genoptix, Sanderson Farms, Infinera, Amgen, Ness Technologies, MannKind, Silicom, Comcast, NVIDIA, and Orexigen Therapeutics.
Barclays Capital upgraded rating of the data storage equipment maker NetApp, Inc. (NTAP) to 'overweight' from 'equal weight' and increased its price target to $67 from $56.
The top after-market NASDAQ stock market gainers are: Genoptix, Infinera, Amgen, Powerwave Technologies, Pixelworks, SmartHeat, Endwave, SuperMedia, Cytokinetics, and YRC Worldwide.
Scientific instruments maker Thermo Fisher Scientific said it agreed to acquire chromatography systems maker Dionex Corp. for about $2.1 billion to expand in Asia-Pacific regions such as China.
Barclays Capital initiated coverage of Imperial Oil with an overweight rating and a price target of C$46 per share, saying that the company's oil sands play has been undervalued by investors.
Barclays Capital increased its third quarter and full-year profit estimates for Research In Motion, citing strong demand for the company's latest Smartphone - BlackBerry Torch .
With the current round of [US quantitative easing] set to end in June 2011, and our US economics team now forecasting strong US economic growth in 2011 and 2012, we expect US real interest rates to begin to rise into 2012, says a new bullion report from former investment-bank Goldman Sachs.
Mexico’s economy expanded by 5.3 percent on an annualized basis, significantly below the 7.6 percent growth recorded in the second quarter, the country’s INEGI statistical office INEGI showed on M
Premier League club Blackburn Rovers have been taken over by the Indian company Venky's for £23m
Yields on municipal bonds has risen recently, with long-term yields rising more sharply than those on the short-end since the beginning of the November.
Key carriers AT&T, Verizon and T-Mobile officially announced their partnership to create ISIS, a national mobile commerce platform, to make mobile wallet a reality.
Equity capital market transactions totaled $23.3 billion last week, with 59 deals in the Asia Pacific region in the last week, a report by Dealogic said.
Manchester United travels to the Villa Park on Saturday to face Aston Villa in the English Premier League.