- Ailing Finnish smartphone maker Nokia Oyj (NYSE: NOK) is betting the company that two new Lumia smartphones based on the new Windows 8 OS from Microsoft (Nasdaq: MSFT), the world's biggest software company, will be international hits.
- Oil & Natural Gas Corp. (Mumbai: ONGC), India's largest state-controlled energy driller, could lose its bid for $5 billion in Canadian assets controlled by energy giant ConocoPhillips Co. (NYSE: COP), due to its investments in Iran, which is facing U.S. sanctions.
- McDonald's Corporation (NYSE:MCD), the US-based fast-food restaurant chain headquartered in Illinois long known for its beef-based burgers of all shapes and sizes announced plans on Tuesday to open its first ever vegetarian-exclusive restaurants in India.
- Global automakers report August U.S. car sales, Tuesday. Follow the blog for the latest updates from Chrysler, Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Nissan Motor Co. (Tokyo: 7201), Honda Motor Co. (NYSE: HMC), Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corporation (NYSE: TM).
- The country's largest private equity firms are being investigated on suspicion of finagling themselves out of paying taxes by turning fees into fund investments.
- Hurricane Isaac is long gone from south Louisiana, but the flood threat continues. A mandatory evacuation order was issued Saturday night for residents in parts of St. Tammany Parish north of New Orleans.
- You don’t have to be a genius to determine that in a world of petabytes of data, projected 2012 sales of 367.2 million PCs, 107.4 million tablets and 650 million smartphones, a few smart companies are going to prosper: HP (NYSE: HPQ), IBM (NYSE: IBM), Oracle (Nasdaq: ORCL) and EMC.(NYSE: EMC).
- He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
Top After-Market NYSE Movers (Thompson Creek, MPG Office, Renren, Overseas Ship, Alon USA, HudBay, Heckmann, Plantronics)The top after-market NYSE gainers Friday were Dominion Resources Black Warrior Trust, Thompson Creek Metals Co, MPG Office Trust, Renren Inc and Overseas Shipholding Group. The top after-market NYSE losers were Alon USA Energy, HudBay Minerals, Heckmann Corp, Plantronics and RadioShack Corp.
- The Hurricane Isaac-related shutdown of at least four U.S. oil refineries and an explosion at a major refinery in Venezuela -- the fourth-largest provider of oil to the U.S. -- could lead to oil prices rising as supply falls.
- The hyperactive comic actor is in talks to team up with the master showrunner David E. Kelley for a single-camera comedy set in the advertising industry.
- International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, said it will start providing services in the cloud for consumer electronics makers, starting with Dutch giant Philips Electronics (NYSE: PHG).
- American Airlines could go from being bankrupt to being part of the world's largest airline if a merger with US Airways, the fifth-largest domestic airline, goes through.
- Company responds to a video clip of a Pyongyang pizza joint serving its most popular soft drink. The world's largest beverage company says its product was probably brought in from a neighboring country.
- Workday, the human-resource software company started by PeopleSoft founder David Duffield, filed for a $400 million initial public offering sometime later this year.
Top After-Market NYSE Movers (SAIC, Domtar, McEwen, Freescale, Crane, Accretive Health, Gerdau, Quicksilver, American Eagle)The top after-market NYSE gainers Thursday were SAIC Inc, Domtar Corp, McEwen Mining, Freescale Semiconductor and Crane Co. The top after-market NYSE losers were Accretive Health, Gerdau SA, Quicksilver Resources, American Eagle Outfitters and CoreLogic, Inc.
- GLAAD released its 6th annual "Network Responsibility Index," which maps depictions of the lesbian, gay, bisexual and transgender (LGBT) community on primetime broadcast and cable television. Out of the 10 cable networks ranked, History had the lowest percentage of LGBT-inclusive content,
- Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer company, set a new 52-week low of $16.77 on Thursday, after posting a record third-quarter loss last week and reducing earnings estimates for the current quarter.
- Perhaps it's no coincidence that a week before Amazon is set to make a big announcement it has sold out of the popular Kindle Fire. Is this is prequel to the sequel?