Balasubramanyam Seshan

Jefferies has downgraded its rating on shares of Research In Motion Ltd. (NASDAQ: RIMM) to underperform from hold due to lackluster sell-through competition and valuation, while maintaining its price target at $25.

While Apple Inc. is tight-lipped towards its iPhone 5 release date, Jefferies believes 2012 will see an LTE iPhone, LTE iPad, and a focus on video.

The countdown to twin GRAIL spacecraft mission to Moon is moving ahead toward a lift-off at 8:37 am EDT, NASA said in a statement. Forecasters still are calling for a 40 percent chance of good weather at the scheduled launch time.

Amazon.com Inc. is preparing to introduce an Android-based tablet in the fourth quarter, according to Jefferies' proprietary checks, media reports and blogs that it monitors.

Apple Inc. said last week that its new Chief Executive Tim Cook promoted Eddie Cue to Senior Vice President of Internet Software and Services from his previous position of Vice President of iTunes.

While Apple Inc. is tight-lipped towards its iPhone 5 release date, the smartphone is expected to face a good deal of competition from Android devices, particularly from Motorola Droid Bionic, which would be available at Verizon from Thursday.

Apple Inc., known for being a trendsetter, has continued along those lines with its new lighter and thinner MacBook Air. But the Cupertino company is facing competition in notebook category from Taiwan-based Acer, which has released its thin and relatively inexpensive Ultrabook called Aspire S3.

Digital graphics chip maker NVIDIA Corp. (NASDAQ: NVDA) unexpectedly provided fiscal 2013 financial guidance, which Jefferies believes primarily to focus investors on its longer-term growth potential.

Internet firm Yahoo! (NASDAQ:YHOO) said its board has removed Carol Bartz as Chief Executive Officer, replacing her with Chief Financial Officer Timothy Morse on an interim basis. Jefferies said the departure of Bartz opens door for Yahoo! to strategic alternatives.

The most-anticipated device of the year, Apple Inc.'s iPhone 5, is already facing stiff competition from Android smartphones amidst all rumors. The release date of the iPhone 5 is growing closer as the latest rumor has revealed that retailer Best Buy is set for an October launch.

Samsung is facing too much of competition from other Android smartphone makers. The most-awaited Samsung's flagship Galaxy S2 has made it to the United States, quelling anticipation, but some contenders are there to spoil its party.

Jefferies & Co. said Apple Inc. is looking to merge iOS (iPhone/iPad) with OS X (Macs) into a single platform for apps and cloud services starting in 2012-2013.

Kofax Plc's management confirmed that the board is planning for an initial public offering (IPO) in the United States at some stage in the future with plans to maintain a dual listing between the United Kingdom and the U.S.

Apple Inc. began hiring security experts to help protect unreleased gadgets after the Cupertino company lost another valuable iPhone 5 prototype last week.

Kofax Plc confirmed its board's decision to prepare the business for an initial public offering (IPO) in the United States, Jefferies said in a note to clients.

Typhoon Talas has killed 29 people in Western Japan as it unleashed record rainfall that triggered landslides and flooding. The typhoon, which is now downgraded to a tropical storm, was the worst to hit the country in seven years. As many as 56 people are missing as the typhoon caused widespread damage.

An unemployed Cincinnati man died after a tooth infection spread to his brain. Kyle Willis, a nephew of musician Bootsy Collins, was suffering from a painful toothache for the past two weeks.

Horsemaning, or fake beheading, is ruling the list of popular Internet trends like planking, owling and leisure diving. Horsemaning and leisure diving and immensely popular now, but which would you pick if you have to choose one

As the battle between the high-end Android smartphones are getting hotter day by day, the two most talked-about phones apart from the iPhone 5 are Samsung Galaxy S2 and the Motorola Photon 4G.

Some of the nation's largest banks are under threat of a mortgage lawsuit from the federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac.

Starz has said it ended contract renewal negotiations with Netflix Inc. and will not renew its streaming deal. Jefferies believes this news will weigh on Netflix stock short-term.

Scientists say producing hydrogen in the backyard could be possible in future by tweaking an inexpensive semiconductor material, which could be available in commercial store, for generating hydrogen from water by using sunlight.

An iPhone 5 prototype lost in a San Francisco bar has offered hints to the release date of the next iteration of Apple's flagship device.

In a search for inexpensive clean energy, scientists have demonstrated how an inexpensive semiconductor material when tweaked generates hydrogen from water using sunlight. The likely key component in the transition to cleaner energy sources has long been touted to be hydrogen.

The top pre-market NASDAQ Stock Market gainers are: Novavax, Sinovac Biotech, Jos. A Bank Clothiers, Silicom, and Corinthian Colleges. The top pre-market NASDAQ Stock Market losers are: LTX-Credence, DryShips, TriQuint Semiconductor, Vodafone Group, and News Corp.

VMware Inc. is moving further into the storage infrastructure market with the major new enhancements to its vSphere 5 release include several new storage capabilities, Jefferies said in a note to clients.

A Lolcat is a picture of a cat with text intended to contribute humor. Lolcat is a made up language that is said to be spoken by fluffy animals such as pets.

Barclays Capital said Tim Cook can handle the pressure and run Apple Inc. in Steve Jobs' shadow, but that it does not believe that Jobs is replaceable.

The top pre-market NASDAQ Stock Market gainers are: Universal Display, Limelight Networks, Green Mountain Coffee Roasters, Dendreon, and NetApp. The top pre-market NASDAQ Stock Market losers are: NuPathe, Central European Distribution, Hercules Offshore, LM Ericsson Telephone, and ASML Holding.