ECONOMY & MARKETS

Traders work on the floor of the New York Stock Exchange

US Stocks Start Holiday Week On High Note

S&P 500 Index gained 3.00 points, or 0.24 percent, to trade at 1,246.91 at 09:50 a.m. EST. The Dow Jones Industrial Average is up 7.11 points, or 0.06 percent, to trade at 11,499.02. The Nasdaq Composite Index rose 0.20 percent to trade at 2,648.31.

Should Nokia Adopt Android or Windows Phone 7?

The new Nokia N8 smartphone is displayed in Espoo, Finland
With dwindling market share for Symbian and growing smartphone competition may force Nokia to adopt either Google's Android Operating System or Windows Phone 7 in a bid to regain its lost marketshare in the smartphone space.
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Top Pre-Market NASDAQ Gainers (ITMN, YRCW, TTWO, ORCL, CSUN)

The top pre-market NASDAQ stock market gainers are: InterMune, YRC Worldwide, Take-Two Interactive Software, Oracle, China Sunergy, Veeco Instruments, Research In Motion, China MediaExpress Holdings, Powerwave Technologies, and MIPS Technologies.
Ireland's Prime Minister Brian Cowen pauses during a news conference at Government Buildings in Dublin - file photo.

Moody’s cuts Ireland rating by five notches

Moody's Investor Services on Friday downgraded debt-stricken Ireland's rating by five notches, citing the country’s troubled banking sector, uncertain economic outlook and decline in the Irish government's financial strength.
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Top After-Market NYSE Movers

The top after-market NYSE gainers on Thursday are Office Depot, Accenture, Salesforce.com and American Express. The top after market NYSE most active stocks are Citigroup, Boston Scientific, Sprint Nextel Corporation and Bank of America.
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Top After-Market NASDAQ Gainers (YRCW, TTWO, ORCL, ICON, RNOW)

The top after-market NASDAQ stock market gainers are: YRC Worldwide, Take-Two Interactive Software, Oracle, Iconix Brand Group, Rightnow Technologies, Dress Barn, Activision Blizzard, Research In Motion, China MediaExpress Holdings, and OmniVision Technologies.
8. George Soros ($14.2-billion)

Soros invests in Britain’s largest domestic airline

Flybe Group plc, Britain’s largest domestic airline and Europe’s largest regional carrier which just went public, has a famous investor – billionaire hedge-fund manager/financier George Soros has invested 7.2-million pounds sterling into the company
Nokia

Nokia Files Fresh Patent Violation Suit Against Apple

Nokia has filed fresh patent infringement claims against Apple in the UK, Germany and the Netherlands, alleging that Apple infringed its patents in many of its products sold in these countries, including iPhone, iPad and iPod Touch.
Ireland's Prime Minister Brian Cowen pauses during a news conference at Government Buildings in Dublin - file photo.

Marginal GDP growth brings little cheer to Ireland

Ireland's gross domestic product recorded a marginal rise of 0.5 percent in the third quarter on a sequential basis, but the small improvement in growth will do little to alter analysts' view that the country still faces an uphill task managing its debt.
A woman walks out of AOL offices in New York

AOL expands advertising offering, buys Pictela

AOL Inc. announced its acquisition of New York-based content marketing platform startup Pictela to bolster its advertising offering. Terms of the deal were not disclosed. Pictela is a platform for distributing videos, photos and applications across the Web in real time.

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