Archive for the “Stocks News” Category
QLogic Rises on Takeover Chatter - Orange County Business Journal Shares of Aliso Viejo-based QLogic Corp., a maker of electronics for data storage networks, rose Tuesday on Wall Street chatter that it’s a possible takeover target. The stock shut up 2% in on a current market value of $2.2 billion. According to a
Stocks rise Tuesday after financial stocks jump - Pioneer Press NEW YORK — A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing. Stocks have lost some of the momentum that propelled the Dow Jones industrial average up 61.4 percent from its close of 6
Retail stocks fall Foot Locker gives growth plan - MENAFN NEW YORK (MarketWatch) — Retail stocks opened slightly lower Tuesday, tracking the broader markets, while apparel companies Warnaco Group Inc. and Buckle Inc. both jumped after each of their stocks was upgraded. The S&P Retail Index $RLX fell 0.2
Asian stock markets little changed as surging Chinese exports point to - Minneapolis Star Tribune HONG KONG - Asian stock markets were tiny changed Wednesday even as surging Chinese exports pointed to a pickup in global trade. The region’s major indexes were largely mixed as many markets fluctuated for the second day in a row. Oil prices
Oil slips for 2nd day as U.S. crude inventories climb - MSN Money SINGAPORE (Reuters) - Oil fell for a second day on Wednesday after an industry report showed U.S. crude stockpiles jumped more than expected last week, dampening hopes of a strong recovery of demand in the world’s top user. Markets awaited further
World Stocks off 6-Week High; Oil Tumbles - ABC News LONDON (Reuters) - World stocks slipped on Tuesday from the previous day’s six-week high and oil fell almost 2 percent, while the yen rose broadly as investors grew cautious after a current rally in riskier assets. Sterling hit a one-week low against
Stock market: Stocks rise on anniversary of bear-market low - USA This day NEW YORK — Stocks rose modestly Tuesday, a year after major market indexes hit 12-year lows. Stocks have surged over the last year with the Dow Jones industrial average up 61.2% during that stretch. But traders expectations about an economic
LNG Ltd. Shares Slump on Concern Over Arrow Takeover (Update1) - BusinessWeek March 10 (Bloomberg) — Liquefied Natural Gas Ltd., intending to sell a coal-seam gas project to Arrow Energy Ltd., fell for a second day in Sydney trading on investor concern the sale might be jeopardized by a proposed takeover of Arrow. Shares of
US Stocks Edge Higher, Led By Telecom Sector - Marketwatch key Cisco customer, said it completed a test with the new router, named CRS-3, which granted its long-distance World wide web backbone to carry data traffic at 100 gigabits per second, roughly 10,000 times faster than the average household cable or
Stock market rebound shows its age at 1-year mark - Danbury News-Times Photo: Mark Lennihan / AP The semi-circular trading desk, bottom, of Cuttone & Co., begins its first day of operation, Monday, March 8, 2010, at the New York Stock Exchange. Photo: Mark Lennihan / AP The semi-circular trading desk, lower left, of
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Filed under: Analyst Upgrades and Downgrades, World wide web, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO)
Yahoo! (YHOO) received an analyst upgrade from JMP Securities Monday. The thesis is that on the internet advertising is improving, so now might be the time to get in on the possible capital appreciation of the business. The stock closed yesterday at $16.52 per share — a gain of 2.8%. Volume was active.
The upgrade also comes with a price target of $21. Yahoo!, like many stocks, has bounced off its 52-week low quite strongly. Over the 12-month period, the company has risen by better than 20%. From one angle, I like the idea of this trade. Technically, the shares might be ready to move.
Continue reading Yahoo!: A Purchase After Upgrade?
Yahoo!: A Purchase After Upgrade? originally appeared on BloggingStocks on Tue, 09 Mar 2010 09:30:00 EST. Please see our terms for use of feeds.
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Stock futures trading in a narrow range as investors avoid huge moves - Minneapolis Star Tribune NEW YORK - Stock futures are little changed as investors tread lightly following a massive rally last week Dow Jones industrial average futures are down 7, or 0.1 percent, at 10,538. Standard & Poor’s 500 index futures are down 1.20, or 0.1 percent
Stock market in ’show me’ mode despite upbeat news - PITTSBURGH TRIBUNE-REVIEW NEW YORK — A year after the stock market hit bottom and began a spectacular comeback, it’s getting harder to dazzle investors. Yesterday was a perfect example of what the market is all about. The Dow Jones industrial average fell 14 and the other major indexes were narrowly mixed as stocks stalled
6 escape blaze at Milwaukee home - Milwaukee Journal Sentinel The blaze, which broke out after 10 p.m., started on the first floor of the two-story wood-frame home and spread up the walls to the attic, according to 1st Battalion Chief Daniel Berendt. The two adults and four kids were not injured. The Red
Infrastructure may replace IT as new growth driver - MSN India It’s also about existing stock, 20-30 times the assets being created The biggest risk, however, is the execution risk and getting environment clearances. “Once you overcome these, you’re a king. Promoters who are deeply committed and have the
Pocono taxpayers feel pinch of police, municipal pension woes - Pocono Record Municipal pension plans also took a hit from the stock market dive, but those problems are more manageable than the police pensions East Stroudsburg Borough’s employee plan, administered by the Pennsylvania Municipal Retirement System, performed
NEWS OF THE WEEK - Orange County Business Journal Flat: Businesses sold in OC as 94 deals were closed in February, compared to 92 a year earlier, according to BizBen.com. Nationwide Health Properties Inc. bought controlling interests in five medical office buildings from Pacific Medical Buildings
Yuan Faces Appreciation Pressure on Rates, SAFE Says (Update3) - BusinessWeek (Adds research head’s comment in fourth paragraph.) March 9 (Bloomberg) — The yuan is facing increasing pressure to appreciate as speculative capital flows into the country because of a widening interest-rate differential, China’s top currency
Asian stocks mixed after lackluster US finish - FederalNewsRadio.com The semi-circular trading desk, bottom, of Cuttone & Co., begins its first day of operation, Monday, March 8, 2010, at the New York Stock Exchange. (AP Photo/Mark Lennihan)
Stocks Up moderately by opening bell - Insurance News Net U.S Stocks rose slightly in the opening session due to news or mergers and acquisitions from the biggest insurer in the U.S, American International Group Inc (NYSE:AIG) where it will sell the second overseas life and health insurance unit in a deal
Asian stock markets trade in a narrow range, muted a day after rising - Minneapolis Star Tribune NEW YORK - Asian stock markets were tiny changed early Tuesday, taking a breather after gains Monday fueled by a better-than-expected jobs report from the U.S. Japan’s Nikkei 225 stock average was off 0.29 percent to 10,555. Shanghai’s composite
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Filed under: Products and Services, World wide web, Competitive Strategy, Microsoft (MSFT)
Instigated by an agreement negotiated between the European Commission (EC) and Microsoft Corp. (MSFT), a new browser selection utility has just become available. Although the browser choice software is intended mainly to be distributed through the Windows update system familiar to Microsoft’s Internet Explorer (IE) users, it is also available on the internet for anyone to access.
It is reported that Microsoft IE currently holds approximately 62% of browser market share. That’s a powerful position for the company to be in when taking into account that web browsers are absolutely essential pieces of software. That’s, in part, why the EC put pressure on Microsoft to open up the playing field to lesser known browser utilities. With their demands, European regulators essentially cut Microsoft’s exclusive IE umbilical cord in July of 2009.
Continue reading Microsoft and the Browser Wars
Microsoft and the Browser Wars originally appeared on BloggingStocks on Sun, 07 Mar 2010 15:10:00 EST. Please see our terms for use of feeds.
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Wall Street Rallies Late on Retail Sales - ABC News YORK (Reuters) - Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for analysts,” stated Quincy Krosby, market strategist with Prudential Financial in Newark, New
Wall Street Journal Ranks The Next Huge Thing: The Top 10 Venture - Yahoo Finance SANTA BARBARA, Calif., March 4, 2010 (GLOBE NEWSWIRE) — The Wall Street Journal this day announced its first ranking of the Top 10 venture-backed, clean technology companies. The Next Big Thing survey, based on proprietary data from Dow Jones
Wall Street holds gains after home, factory data - MSN Money NEW YORK (Reuters) - U.S. stocks held modest gains on Thursday after January pending home sales and factory orders data, tiny changed from the open. The Dow Jones industrial average was up 35.90 points, or 0.35 percent, at 10,432.66. The Standard
Oliver Stone returns to Wall Street - Sydney Morning Herald Director Oliver Stone was shocked when he revisited the world of high finance for the sequel to his 1987 hit movie Wall Street , describing what was happening there as the “collapse of capitalism.” “Why did I go back? Because it’s important. It’s
Ciena reports bigger 1st-quarter loss, missing Wall Street’s - Los Angeles Times AP) — Telecommunications equipment maker Ciena Corp. on Thursday posted a larger net loss for its fiscal first quarter as it recorded costs from its pending acquisition of Nortel’s optical market environment,” stated Gary Smith, Ciena’s CEO and
Macy’s key sales figure rises 3.7 pct in Feb. - San Francisco Chronicle Macy’s Inc. stated a key sales figure rose past Wall Street expectations in February and would have been even higher if shoppers hadn’t been disrupted by winter storms. The department store operator stated Thursday that sales in stores open at least a
Wendy’s/Arby’s profit view below Street, shrs down - CNN Money LOS ANGELES (Reuters) - Wendy’s/Arby’s Group Inc , the third-largest U.S. fast-food restaurant operator, issued a 2010 earnings growth forecast below Wall Street’s view, sending its shares down 1.6 percent. Wendy’s/Arby’s, which plans to spend more
Christopher Dodd’s Wall Street dance with Richard Shelby and Bob - Politico.com Senate Banking Chairman Chris Dodd and his Republican counterpart, Richard Shelby, are still talking about the financial reform bill, despite the breakdown of formal negotiations several weeks ago. But Republican Sen. Bob Corker of Tennessee still
Facebook CEO In No IPO Rush; Possible In ’11 - Investors Business Daily Facebook Chief Executive Mark Zuckerberg is in no rush to take the popular social-networking site public, according to an interview published in the Wall Street Journal Thursday. The 25-year-old CEO told the Journal that the company would eventually
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Filed under: Internet, Microsoft (MSFT), Yahoo! (YHOO), Intel (INTC), Oracle Corp (ORCL), Initial Public Offerings, Technology
It’s not just Digital Sky Technologies that is in “no rush” for Facebook to go public — Facebook’s founder states he’s happy to take his time, too. CEO Mark Zuckerberg, according to the Wall Street Journal is putting his head together with those of Paul Otellini, CEO of Intel (INTC) and Charles Phillips, president of Oracle (ORCL) to gain insights on running his company, over which he’ll have more control as a result of Facebook’s dual-class share structure. If Zuckerberg gets his way, he’ll run Facebook for a while before taking the dive into public capital markets.
Zuckerberg tells the Wall Street Journal(subscription required), “We’re going to go public eventually, because that’s the contract that we have with or investors and our employees.” Doubtless, these two celebrations are eager to experience a liquidity event, particularly those from the company’s earliest days and preliminary financing rounds.
Continue reading Zuckerberg in ‘No Rush’ for Facebook IPO
Zuckerberg in ‘No Rush’ for Facebook IPO originally appeared on BloggingStocks on Thu, 04 Mar 2010 14:00:00 EST. Please see our terms for use of feeds.
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Filed under: Microsoft (MSFT), Newsletters, Stocks to Purchase
“Microsoft (MSFT) handled the current recession quite well, one of the most serious recessions since the 1930s, in which there were substantial declines in both consumer and business spending,” states Sy Harding.
The editor of The Long and Short Stock Advisory explains, “And this was in spite of the cool reception of its Vista operating system, which was intended to replace Windows XP. Overall, we think about the stock to be a potential ‘over-performer.’
Continue reading New Revenue Cycle to Boost Microsoft (MSFT)
New Revenue Cycle to Boost Microsoft (MSFT) originally appeared on BloggingStocks on Thu, 04 Mar 2010 10:20:00 EST. Please see our terms for use of feeds.
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Filed under: World wide web, Microsoft (MSFT)
Initial estimates of a $550 million year for Facebook in 2009 may be lower than expected. In fact, the company may have brought in as much as $700 million, though it is notoriously tight-lipped about the size of its coffers. In what was clearly a banner year for the social media site, it also moved into positive free cash flow territory - and the number of users continues to rise across the board.
Facebook’s revenue trajectory - at least to the extent that it can be gauged - has been impressive. From $150 million in 2007, it grew to an estimated $280 million to $300 million in 2008 and a 2009 result that could range from $600 million to $700 million. Revenue has at least doubled each year, a trend that Inside Facebook anticipates to continue. Of course, these are all third-party estimates, and Facebook isn’t saying a thing.
Continue reading Facebook Revenue to Top $1 Billion in 2010
Facebook Revenue to Top $1 Billion in 2010 originally appeared on BloggingStocks on Wed, 03 Mar 2010 12:40:00 EST. Please see our terms for use of feeds.
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More merger activity helps lift stocks for third day in a row - Bennington Banner NEW YORK (AP) — The stock market had its third straight winning day on signs that companies are becoming more optimistic about the economy. The Dow Jones industrial average edged up 2 points Tuesday but closed off its ideal levels. The Dow had
US STOCKS-Wall St flat as White Home pushes regulation - CNN Money NEW YORK (Reuters) - U.S. stocks lost gains and were trading little changed on Wednesday as the White House stepped up its efforts to overhaul healthcare and bank regulation, sparking concerns about the potential impact on profits in those sectors
US STOCKS-Market rises on employment, services data - CNN Money NEW YORK (Reuters) - U.S. stocks rose Wednesday after data on U.S. private employment and the vast services sector reassured investors nervous about the pace of economic recovery. The Institute for Supply Management’s services gauge rose in February
Chilean Stocks Drop to Two-Month Low, Peso Rallies After Quake - Bloomberg March 3 (Bloomberg) — Chilean stocks fell to a month low after companies such as Cap SA stated one of its plants was “seriously affected” and pulp maker Empresas CMPC SA halted some operations following the country’s worst earthquake in five
Weaker U.S. dollar helps push energy prices higher, oil near US$81 a - Stockhouse NEW YORK - Oil prices rose above US$80 a barrel for the first time in a week as the U.S. dollar weakened and refineries increased production ahead of the traditionally busy summer driving season. Benchmark crude for April delivery on Wednesday
US Fed report dampens Asian markets as Greece’s budget cuts offer hope - Minneapolis Star Tribune NEW YORK - Asian markets traded in a tight range early Thursday after the latest Greek budget cuts offered hope it would get a bailout and the Federal Reserve signaled that the U.S. economic recovery will be slow. Japan’s Nikkei 225 stock average
Delaware Investments(R) Dividend and Income Fund, Inc. Announces - Forbes BusinessWire - Today, Delaware Investments Dividend and Income Fund, Inc. (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DDF,” declares a monthly dividend of $0.0575 per share. This dividend is payable March
Wall Street stumbles at close as healthcare stocks weaken - National Business Review Stocks on Wall Street faltered, injured by weakness in the healthcare sector. Unpromising test results for a new Alzheimer’s drug disappointed investors, as did a new call by President Obama to pass federal healthcare legislation. The market rose
Emerging Stock Report Initiates Independent Research Coverage on - MSN Money Emerging Stock Report is a leading provider of independent investment research for North American companies. Our services include research analysis on emerging growth companies, sector specific research, real-time news and financial data, market
Asian Stocks Gain on Greece Optimism as MSCI Asia Erases Loss; Pound - Bloomberg March 3 (Bloomberg) — Asian stocks rose, erasing the benchmark index’s loss this year, on speculation new austerity measures in Greece will allay concerns of a default. The pound strengthened for the first time in seven days. The MSCI Asia Pacific
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Filed under: Internet, Google (GOOG), News Corp’B’ (NWS), Media World
Apparently, all the hype wasn’t worth it. After Twitter COO Dick Costolo explained that the company was going to unveil a “non-traditional” advertising model and claimed that “people will love it,” what we’re seeing is a foray into decidedly charted territory.
According to AllThingsD, Twitter’s ad model will resemble the one that has been so successful for search and on the web ad giant Google (GOOG). Ads, essentially, will be tied to search.
Yawn.
Continue reading Twitter Unveils Google Ad Model, Despite Hype
Twitter Unveils Google Ad Model, Despite Hype originally appeared on BloggingStocks on Mon, 01 Mar 2010 10:10:00 EST. Please see our terms for use of feeds.
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