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Market Wrap For January 13: Markets Showing Weakness Ahead Of Major Earning Releases
Monday, January 13, 2014 - 5:52pm | 2370Read More...Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Read More...Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Read More...Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
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Market Wrap For January 7: Markets Reverse 3-Day Slump
Tuesday, January 7, 2014 - 5:39pm | 2743Read More...For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...
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BlackBerry Removes Twitter Update Following Bugs
Monday, December 30, 2013 - 12:03pm | 215Read More...On December 29, BlackBerry (NASDAQ: BBRY) has pulled its recently updated Twitter app following user complaints ten days after its release. Twitter version 10.2.2 was released on December 17 for BB10 and was intended to bring the full Twitter experience to BlackBerry users. The app had an...
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Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347Read More...As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
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Highlights From BlackBerry's Conference Call
Friday, December 20, 2013 - 5:45pm | 615Read More...Following BlackBerry's (NASDAQ: BBRY) third quarter 2014 earnings release on December 20, management hosted a conference call to update investors on its long term strategies and goals. Partnership with Foxconn BlackBerry announced that it will be working with Foxconn on new smartphone...
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Market Wrap For December 20: Markets Gain On GDP Data
Friday, December 20, 2013 - 5:44pm | 1875Read More...Major indices received a boost in Friday's trading activity following a better than expected third quarter GDP. The surprising economic data is yet another key data that may suggests that the economy is healthy enough and could handle the Fed's recent decision to taper its bond buying program....
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BlackBerry's Third Quarter Was Tough, Will Earnings Disappoint?
Thursday, December 19, 2013 - 5:59pm | 708Read More...BlackBerry (NASDAQ: BBRY) is set to report its third quarter 2014 results on Friday, before the market opens. Typically results are released at 7:00 a.m. EST, with a conference call to take place an hour later. The consensus estimate for EPS is a loss of $0.44 a share, on revenues of $1.58...
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Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting
Monday, December 16, 2013 - 5:55pm | 2347Read More...U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...
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Earnings Expectations For The Week Of December 16: FedEx, Oracle, Nike And More
Sunday, December 15, 2013 - 5:55pm | 845Read More...On the earnings front, things will start out slow this week, but then FedEx (NASDAQ: FDX), Nike (NYSE: NKE), Oracle (NASDAQ: ORCL), Walgreen (NYSE: WAG) and others will take their turns in the earnings spotlight. Below is a quick look at what analysts expect from some of this week's most prominent...
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Earnings Expectations For The Week Of December 9
Sunday, December 8, 2013 - 9:09pm | 850Read More...Quarterly reports from Adobe Systems (NASDAQ: ADBE), Costco Wholesale (NASDAQ: COST), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU) and Toll Brothers (NYSE: TOL) will be among the highlights on the earnings front this week. Below is a quick look at what analysts expect from some...
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Reuters Says Blackberry Interim CEO in 'For the Long Haul'
Thursday, December 5, 2013 - 3:28pm | 304Read More...John Chen, BlackBerry's (NASDAQ: BBRY) interim CEO, is in it “for the long haul” according to the company's largest shareholder, Prem Watsa. Prem Watsa, also known as “Canada's Warren Buffett” is the chairman and CEO of Fairfax Financial, a multi-billion dollar fund based out of Toronto. As the...
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Obama Not Allowed to Use iPhone for Security Reasons
Thursday, December 5, 2013 - 9:35am | 544Read More...Never kick a company while it’s down, but Blackberry (NASDAQ: BBRY) has certainly been kicked this year. On the brink of bankruptcy, the phone maker has lost most of its customers and more than 80 percent of its stock value. But, the company still has one loyal supporter: The President of the...
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BlackBerry To Rely On Android For Future Success
Monday, December 2, 2013 - 5:23pm | 379Read More...BlackBerry's (NASDAQ: BBRY) new strategy includes a venture with numerous Android smartphone manufacturers. Instead of trying to sell its most popular features to consumers through the sale of BB10-specific handsets, the company will soon pre-load its messaging application on other manufacturers'...















