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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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Earnings Expectations For The Week Of January 13: Big Banks, GE, Intel And More
Monday, January 13, 2014 - 7:31am | 645Read More...Alcoa may have reported disappointing results last week, but the fourth-quarter earnings season really kicks off this week with reports from J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) on Tuesday. Big name financials will be well represented this week, with results due from the likes of...
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Weekly Highlights: No iCar From Apple, Sony Teases Cloud-Based Cable Service And More
Saturday, January 11, 2014 - 12:43pm | 240Read More...The 2014 Consumer Electronics Show kicked off the second week of January, but some of the biggest stories had nothing to do with the show. For example, Apple (NASDAQ: AAPL) acquired a one-man startup called SnappyLabs. At the same time, Global Equities Research analyst Trip Chowdhry speculated...
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IBM Bets $1 Billion On 'Watson'
Friday, January 10, 2014 - 11:30am | 598Read More...Despite a less-than-stellar performance as a revenue generator so far, IBM's (NYSE: IBM) Watson supercomputer is getting significant financial support in an attempt to bring the company’s Jeopardy-winning bundle of wires and chips to a large array of applications. Originally, IBM Chief...
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Market Wrap For January 9: All Eyes on Tomorrow's Job Report
Thursday, January 9, 2014 - 5:43pm | 2416Read More...Markets were relatively calm during Thursday's trading session as investors anticipate Friday's jobs report. The December employment report is expected to show about 200,000 payroll jobs representing a steady growth and a clear sign that labor market and economy are both strong. Related:...
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Why Don't Android Users Buy More Stuff?
Friday, January 3, 2014 - 12:39pm | 523Read More...It’s the irony of ironies. Google (NASDAQ: GOOG)’s Android operating system is the top OS, holding 81 percent of the smartphone market and leaving Apple (NASDAQ: AAPL)’s iOS in the dust with just 12.9 percent market share. Yet, when it comes to actually using smartphones for buying things –...
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Four Of 2013's Most Disappointing Stocks
Friday, December 27, 2013 - 1:01pm | 788Read More...With the Dow Jones Industrials posting year-to-date gains over 26 percent investors and analysts are expecting markets to see a strong finish in 2013. Nevertheless, there have been a number of market clunkers that have had the misfortune of woefully underperforming to this point in the year....
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Market Wrap For December 18: Markets Flat During Day One Post Fed Taper
Thursday, December 19, 2013 - 5:47pm | 2272Read More...Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...
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Facebook Enters Artificial Intelligence Research Arena
Tuesday, December 10, 2013 - 1:41pm | 546Read More...Facebook (NASDAQ: FB) has hired New York University professor Yann LeCun to head up its research in artificial intelligence, AllThingsD reported Monday. The move marks both a formal launch and expansion to AI research efforts by Facebook that have been underway for some time. Professor LeCun...
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IBM Creates Nanotechnology to Battle Fungal Infections
Monday, December 9, 2013 - 10:41am | 514Read More...Before scientists create something that has mainstream uses, it often starts as science fiction. A new technology deep within IBM’s (NYSE: IBM) Singapore research facility isn’t quite ready for the mainstream but when it is, the implications for those who suffer from fungal infections...
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Market Wrap For December 6: Investors and Traders Cheer Today's Economic Data
Friday, December 6, 2013 - 5:52pm | 1657Read More...Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0...
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Microsoft, Best Buy And Other Stocks For Rising Interest Rates
Friday, December 6, 2013 - 5:00pm | 845Read More...Among the stocks that analysts at Jefferies expect to flourish in a rising interest rate environment are retailers Amazon.com (NASDAQ: AMZN) and Best Buy (NYSE: BBY), as well as tech companies Intel (NASDAQ: INTC) and Microsoft (NASDAQ: MSFT). The view on Wall Street is that it's not a matter of...
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IBM Downgraded at Cowen
Friday, December 6, 2013 - 2:21pm | 256Read More...Moshe Katri, analyst at Cowen and Company downgraded shares of IBM (NYSE: IBM) from Outperform to Market Perform with a price target of $165. “Our downgraded reflects Q-Q declines in a number of important demand metrics, including net project workloads, project execution and bench skill base...
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Cyber Monday Was Record-Setting, Amazon & eBay Reign Supreme
Tuesday, December 3, 2013 - 10:29am | 465Read More...Reports vary depending on who you ask but by most accounts, Black Friday was strong. Shoppers spent about $1.2 billion on Black Friday alone representing a 15 percent year over year increase from 2012, according to comScore but did Cyber Monday retailers see the same kind of interest?...
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Twitter, Deere And Other Stocks To Unload For 2014
Monday, December 2, 2013 - 4:52pm | 862Read More...The Dow Jones Industrial Average is up about 20 percent year to date, and the S&P 500 has gained even more in that time. Even as the markets continue to challenge new highs, investors and analysts are positioning themselves for the end of the year and for 2014. According to Wall Street...















