-
Only Tech Sector Gains; Google Inc (NASDAQ:GOOG) Advances And Groupon Inc (NASDAQ:GRPN) Suffers – (S, NOK, CSCO)
Wall Street ended Monday’s light-volume session slightly lower as interest for technology companies restricted losses and as market participants focused on weak Japanese economic data. The tech stocks were the only ones in the S&P 500 industry group of 10 to end the day higher. Tech sector weighed Google Inc (NASDAQ:GOOG) after its decision to…
-
Dow Turns Back To Red After Weak Report From Japan – (GE, CSCO, INTC, XOM, KFT, HD, DIS)
U.S. stocks fell into negative territory today after a poor economic report from Japan and concerns over a more weakness in China fueled global economic growth fears. The Dow Jones Industrial Average Index (INDEXDJX:.DJI) turned red and is now ranging between 13,139.46 – 13,205.01 after opening at 13,204.93. Of the Dow 30 components only three…
-
Tech Sector Up; Google Inc (NASDAQ:GOOG) In Headlines Today – (S, YHOO, NOK, CSCO)
The Technology sector ended Friday on a positive note. Today will weigh two major announcements by the largest search engine, Google Inc (NASDAQ:GOOG). First and recent, mobile phone maker Motorola Mobility, bought by Google last year, is set to layoff 4,000 workers worldwide as part of efforts to return to profitability. This job reduction is…
-
Dow Mix; Cisco Systems (NASDAQ:CSCO) Falls Intel (NASDAQ:INTC) To Extend Five-Day Rally
U.S. stocks are down today with the Dow Jones Industrial Average Index (INDEXDJX:.DJI) losing the most points, after unsatisfactory economic report from China increased concerns about a slowdown in the world’s second biggesteconomy. Disappointing U.S. economic data also weighed investors sentiment. The U.S. Department of Agriculture released a report today showing that 2012-2013 corn yields…
-
Dow Extends Four-Day Rally; Cisco Systems, Inc. (NASDAQ:CSCO) On Top After Analysts View While General Electric (NYSE:GE) And Exxon Mobil (NYSE:XOM) Are Near Highs
Wall Street fluctuated in a narrow range today along with weakening hopes over the European Central Bank to cope the region’s financial worries, but a better-than-predicted unemployment benefit claims report and optimism over further action from China’s central bank helped reduce declines. The Dow Jones Industrial Average Index (INDEXDJX:.DJI) is up between 13,160.35 and 13,199.55,…
-
Dow Marks Best Since May, On Track To End Four-Day Falling Streak
The Dow Jones Industrial Average (INDEXDJX:.DJI) has gained over 200 points today, snapping four-day declining string. The rally led to hit its highest level since early May. U.S. stocks had declined the last four sessions as U.S. and European central bankers’ responses to economic sluggishness disappointed investors. Two companies in the consumer non cyclical sector…
-
AT&T Inc. (NYSE:T) Down While Synopsys, Inc. (NASDAQ:SNPS) Up Amid Acquisition News – (NOK, CSCO, INTC)
AT&T Inc. (NYSE:T) has recently decided to acquire NextWave Wireless Inc., a company that has the right to use sections of the wireless spectrum that could be used for broadband. The company said it agreed to pay as much as $600 million, most of which will be used for paying off NextWave debt. The transaction…
-
Eight South Koreans Hackers Arrested In Philippines For Rerouting International Calls – (S, NOK, CSCO)
Eight South Korean hackers were reportedly rounded up by the Philippine police, who were involved in hacking one of the nation’s largest telecommunications companies with an intention to force the company to lower the cost of worldwide mobile calls for other Koreans in the Philippines. Police Cyber Crime Division chief Gilbert Sosa said the hackers…
-
Dow Struggles; Cisco Systems, Inc. (NASDAQ:CSCO) On Top and JPMorgan Chase & Co. (NYSE:JPM) Facing Biggest Drop
U.S. stocks are mixed today as investors have adopted cautious approach in placing big bets before two big meetings by U.S. and European central bankers. The Dow Jones Industrial Average (INDEXDJX:.DJI) is struggling to stay in positive territory and at last check was floating in a range of 13,057.34 to 13,128.64. . Investors seems have…
-
Despite Strong Year-Over-Year Increase, Apple Inc’s (NASDAQ:AAPL) Growth Was Lowest In Over 2 Years – (CSCO, MSFT, S)
A new phenomenon that is causing Apple Inc.’s (NASDAQ:AAPL) rapid growth rate to slow is additional consumers are attracted towards buying the least expensive iPhones and iPads. On Tuesday, Apple Inc. disclosed that both sales and profit posted growth of just more than 20 percent, cause for celebration at most companies, but not enough by…