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Technology Focus: Is Another Industry Downturn Looming?

Sun, 27 May 2012 09:05:43 EDT

Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?.

Gold and Silver Stocks Are in Deep Value Territory: Alka Singh

Fri, 25 May 2012 18:35:02 EDT

Gold and silver began a correction nine months ago, but shares of the mines that produce these valuable metals have suffered in a much more exaggerated fashion. Mine2Capital Co-Founder and Partner Alka Singh has prospected for ideas that she believes will maximize shareholder value when the markets turn upward in the relatively near future.

In Lehman's Archstone Deal, 'Grave Dancer' Sam Zell Wins Again

Fri, 25 May 2012 17:34:58 EDT

Sam Zell, the Chicago real-estate mogul, has become so well-known for feasting on distressed assets that he's been called the "grave dancer." This week, Zell took the nickname to the next level: He's about to receive $70 million from a ghost.

Investors Love Rio: Why Foreign Companies Are Buying Into Brazil's Real Economy

Fri, 25 May 2012 17:28:23 EDT

Investing in Brazil's booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation's financial industry to putting it into the real economy of South America's largest nation.

Toyota To Add 8 New Cars For 'Driving To A Picnic' In Emerging Markets

Fri, 25 May 2012 17:25:25 EDT

The Toyota Motor Corp. (NYSE: TM) wants to make itself king of the hill once more and reclaim the No. 1 global sales position from the General Motors Co. (NYSE: GM) by adding eight compact cars for emerging markets, Reuters said Friday.

NY Comptroller To Chevron: Time To Pay $18 Billion Ecuador Fine

Fri, 25 May 2012 17:14:51 EDT

New York Comptroller Thomas DiNapoli renewed his call on Friday that Chevron Corp. (NYSE: CVX), the second-largest oil company in the U.S., settle its legal battle against a multibillion-dollar judgment in Ecuador, to avoid further damaging its reputation and shareholder value.

Japan’s Renesas Electronics May Ax 14,000

Fri, 25 May 2012 17:00:09 EDT

Renesas Electronics (Tokyo: 6723), one of Japan's biggest chip-makers, could fire as many as 30 percent of those on its payroll, or 14,000 workers.

Facebook options debut a wild card for volatility

Fri, 25 May 2012 15:35:03 EDT

Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18.

Limbaugh Boycott Gets Mixed Results; Sponsors Still Out On Ratings Decline

Fri, 25 May 2012 13:07:08 EDT

Three months after Rush Limbaugh characterized a Georgetown Law School student Sandra Fluke as a “slut” and a “prostitute,” a liberal-backed boycott of the right-winger’s radio show has been effective.

Airbus Smells Good Business In Wider Plane Seats For Bigger Americans

Fri, 25 May 2012 13:02:03 EDT

U.S. government data says that one American in three is obese -- and a European plane maker sees it as a sales opportunity.

Mortgage Executive Sells 15 Central Park West Condo For $23.3 Million, Twice What He Paid

Fri, 25 May 2012 12:36:35 EDT

The CEO of a New York commercial mortgage company sold his personal condo at 15 Central Park West, one of the most expensive buildings in the world, for $23.3 million, according to city records filed Friday.

Facebook Shares Drop Again On New Probes Despite Morgan Stanley Investor Pledges

Fri, 25 May 2012 11:19:16 EDT

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering.

Quest Software Jumps On Dell Purchase Report

Fri, 25 May 2012 09:55:06 EDT

Shares of Quest Software (Nasdaq; QSFT) jumped 5 percent Friday after a report it would be acquired by Dell (Nasdaq: DELL), for as much as $2 billion.

Facebook, ‘Titanic' Of IPOs, Could Poison Tech Company Pipeline

Fri, 25 May 2012 05:49:51 EDT

Faced with the disastrous fallout from the initial public offering of Facebook (Nasdaq: FB), the No. 1 social network, other technology companies that had been waiting to go next may reconsider.

Reasons Why iPhone 5 Will Have 4-Inch Display

Fri, 25 May 2012 01:08:21 EDT

Consumers can expect a wider screen from the new iPhone 5 by tech giant Apple, Inc. (NYSE:AAPL).

Facebook Market Makers Losing At Least $100 Million

Thu, 24 May 2012 18:28:02 EDT

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.

HP Shares Gain Slightly On Whitman’s Job Cuts

Thu, 24 May 2012 17:15:05 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, rose about 3 percent to $21.77 on Thursday, following the announcement it would fire 27,000 employees by 2014.

Make Friends with Companion Diagnostics to Bolster Your Biotech Portfolio: Stephen Brozak

Thu, 24 May 2012 16:56:02 EDT

Hitting just the right target and engineering cells to perform certain tasks will unlock the deep secrets of biology and change the entire paradigm of medicine, says WBB Securities President and Managing Partner Stephen Brozak.

Uranium Is a Deep-Value Sector: Alka Singh

Thu, 24 May 2012 16:49:04 EDT

Having just founded her own research company, Mine2Capital, Alka Singh has her sights set on the uranium sector, where she sees deep values in a beaten-down industry. With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, well-positioned investors stand to benefit from what just may be a coming boom.

Why Silver is a Buy

Thu, 24 May 2012 15:53:05 EDT

Why is Silver so important in today's industrial world? The Fundamentals Today, Silver is used for industrial purposes, decorations photography, and medicine. Its combination of strength, malleability and conductivity makes it a major element, in the commodity market.

Dow Chemical Awarded $2.2B In Kuwaiti Dispute

Thu, 24 May 2012 14:09:09 EDT

Dow Chemical Co. (NYSE: DOW), the No. 1 chemical maker in the U.S., won a $2.16 billion arbitration case against Petrochemical Industries of Kuwait over the 2008 termination of a planned joint venture, Dow said Thursday.

Fidelity, Knight problems add to Nasdaq's Facebook woes

Thu, 24 May 2012 13:35:02 EDT

The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems and Knight Capital demanded tens of millions of dollars in compensation from Nasdaq for trading-related losses.

Facebook's Shares Recover, But IPO Wounds Fester

Thu, 24 May 2012 12:22:18 EDT

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO.

How Much Did Facebook’s Bankers Rake In For The Mega-IPO?

Thu, 24 May 2012 11:41:29 EDT

Facebook (Nasdaq: FB), the No. 1 social network, didn’t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well.

Judge Tosses Part Of AIG Suit Against Bank Of America

Thu, 24 May 2012 11:36:40 EDT

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.

How’s Facebook Faring On Thursday?

Thu, 24 May 2012 11:22:15 EDT

Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday.

EU Court Rejects MasterCard Claim That Fees Benefit Cardholders

Thu, 24 May 2012 11:00:00 EDT

MasterCard Inc. (NYSE: MA) said Thursday it will appeal a decision by Europe's second-highest court rejecting the credit card company's argument against an EU ban on cross-border card fees, Reuters reported.

HP’s CEO Chops 27,000 Jobs, Investors Cheer

Thu, 24 May 2012 09:42:58 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, leaped as much as 7.4 percent Thursday after the company said Wednesday it would fire 27,000 people.

Apple iPhone 5 to be Released in October?: Top 5 Proofs

Wed, 23 May 2012 22:07:33 EDT

There are a lot of speculations when Apple, Inc. (NYSE:AAPL) will release its new iPhone. Here are five reasons why the Cupertino-based company will release its iPhone 5 on October.

Shareholders sue Facebook, NYSE comes calling

Wed, 23 May 2012 22:00:02 EDT

The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies.".

First, Do Good When Mining for Gold: Benoit La Salle

Wed, 23 May 2012 18:56:03 EDT

Benoit La Salle is the founder, president and CEO of SEMAFO, a mining company that rates its work in sustainability and community building as high as it does its gold production. In an exclusive interview with The Gold Report, La Salle tells investors why they should be looking at both gold and West...

Wall Street finishes flat in late reversal

Wed, 23 May 2012 18:14:03 EDT

Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.

HP: Is Whitman’s Ax As Big As IBM’s Gerstner’s?

Wed, 23 May 2012 16:37:44 EDT

Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results.

Oracle To Buy Cloud Social Marketing Platform Vitrue

Wed, 23 May 2012 16:02:29 EDT

Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4.3 billion.

NYSE pitches listing to Facebook after IPO mess: source

Wed, 23 May 2012 16:00:04 EDT

The New York Stock Exchange is courting a stock listing from Facebook , a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival Nasdaq bourse.

Strong May Car Sales Drive US GDP Growth: Kelley Blue Book

Wed, 23 May 2012 13:53:19 EDT

U.S. auto sales will likely reach a 14.2 million seasonally adjusted annual sales rate in May 2012, the greatest year-over-year gain in more than 12 months, as consumers take advantage of credit and low interest rates to replace aging cars. Moreover, increasing car sales are now a primary driver of U.S. GDP growth, according to a Wednesday report by Kelley Blue Book.

Cisco, Dell, HP: Is A Tech Recession Coming?

Wed, 23 May 2012 13:37:01 EDT

Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?.

Macy’s Eyes Chinese Market, Partners With China’s VIPStore

Wed, 23 May 2012 12:51:47 EDT

Macy's Inc. (NYSE: M), the owner of its namesake and Bloomingdale's department stores, said Wednesday it will start selling some of the department store chain's private label merchandise directly to consumers in China next spring through a deal with a Chinese online retailer.

JPMorgan Losses Give Boost To US Sen. Sanders' Bank Bill

Wed, 23 May 2012 12:04:13 EDT

The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.

General Mills Says It Will Cut 850 Jobs, But Reaffirms Earnings Guidance

Wed, 23 May 2012 11:54:54 EDT

General Mills Inc. (NYSE: GIS), the maker of Cheerios cereal and Pillsbury pastries, said Wednesday it will cut 850 jobs to cut costs in the face of rising food prices.

HP 2Q Earnings: Whitman Expected To Swing Ax

Wed, 23 May 2012 11:49:25 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, fell as much as 5.6 percent Wednesday, ahead of its expected announcement of second-quarter results.

Dell Disappoints, With Dismal Outlook, And Shares Dive 15%

Wed, 23 May 2012 09:54:46 EDT

Shares of DELL (Nasdaq: DELL), the No. 3 PC maker, plunged as much as 15 percent after the company reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast.

Facebook Shares Rise 3% Despite Subpoenas, Lawsuit, Complaints About IPO

Wed, 23 May 2012 09:29:50 EDT

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose nearly 5 percent Wednesday despite continuing fallout from its May 17 initial public offering.

Another Sign Of Motor City Comeback - Ford Upgraded By Moody's

Wed, 23 May 2012 09:23:11 EDT

Ford Motor Company (NYSE: F) shares climbed almost 2 percent in mid-day trading Wednesday, a day after Moody's Investors Service upgraded the Dearborn, Mich.-based automaker's credit rating to investment grade.

MLPs = Good Returns in All Markets: Darren Schuringa

Tue, 22 May 2012 17:42:04 EDT

With interest rate yields so low, it's not surprising that more investors are flocking to the excellent income and relative downside stability afforded by Master Limited Partnerships and related ETFs.

Rare Earth Junior Miners Should Applaud China: Michael Silver

Tue, 22 May 2012 17:42:03 EDT

In a sector where the playing field is not always level, Michael Silver, chairman and CEO of rare earth supplier American Elements, makes a case for more cooperation. With China's quotas creating a marked price differential for critical metals, Silver insists that junior miners finally have an opportunity to develop the U.S. resource and manufacturing sectors.

SAP To Expand Cloud Presence, Buying Ariba For $4.3 Billion

Tue, 22 May 2012 17:05:37 EDT

SAP AG (NYSE: SAP) has agreed Tuesday to buy Internet commerce company Ariba Inc. (Nasdaq: ARBA) for $4.3 billion, as the German business software giant looks to expand its cloud-based services and challenge rival Oracle Corporation (Nasdaq: ORCL).

NATO Signs $1.7B Drone Deal With US Defense Contractor Northrop Grumman

Tue, 22 May 2012 16:59:38 EDT

NATO signed a $1.7 billion contract with U.S.-based defense contractor Northrup Grumman Sunday for five unmanned aerial vehicles, commonly known as drones, that will be used by allied countries for a new ground-surveillance system.

Dell 1Q Earnings Trail Estimates; Sets Poor Outlook

Tue, 22 May 2012 16:30:54 EDT

Dell Inc. (Nasdaq: DELL) reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast for the current quarter

LTN looks at Big Cap Gold and Silver Miners

Tue, 22 May 2012 15:44:59 EDT

Below are valuations for the Big Cap Gold and Silver Miners stocks, as follows; Barrick Gold Corporation (NYSE:ABX); Goldcorp Inc. (NYSE:GG); Newmont Mining Corp. (NYSE:NEM); AngloGold Ashanti Ltd. (NYSE:AU); Kinross Gold Corporation (NYSE:KGC); Agnico-Eagle Mines Ltd. (NYSE:AEM); Gold Fields Ltd. (NYSE:GFI); Yamana Gold, Inc. (NYSE:AUY); IAMGOLD Corp. (NYSE: IAG); Harmony Gold Mining Co. Ltd.