IBT Staff Reporter

51691-51720 (out of 154955)

Wall Street Opens Lower After 3 Percent Rally

Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

Wall St opens lower after 3 percent rally

Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

Apple's Touchscreen Slide-to-Unlock Gesture Patent May Kill Rivals

The U.S. Patent and Trademark Office has awarded Apple the popular slide-to-unlock feature, boasted by many smartphones nowadays, on a touchscreen device. Apple had already been granted a similar patent before. Another major patent win would obviously strengthen Apple's position. The patent (U.S. Patent No. 8,406,721) is entitled Unlocking a Device by Performing Gestures on an Unlock Image, and has an open language as follows:

Motorola Droid Razr Versus Samsung Galaxy Nexus Versus iPhone 4S: What Will You Buy?

In October, three musketeers in the smartphone market rushed before the eyes of smartphone watchers - Motorola Droid Razr, Samsung Galaxy Nexus and iPhone 4S. Apple's iPhone 4S, unveiled on Oct. 4, just a day before the company's co-founder Steve Jobs died, smashed its previous sales records by selling 400 million devices over the launch weekend. Samsung Galaxy Nexus, the latest Samsung and Google flagship smartphone, which was unveiled in Hong Kong on Oct. 19, is likely to be launched in...

Euro fund head: no quick China deal; Italy costs up

The head of Europe's bailout fund sought financial support from China on Friday to help resolve the bloc's debt crisis, saying that while no quick deal was in sight he was still confident Beijing would keep buying bonds issued by his fund.

Wall St set to open down as market takes breather

Stocks were set for a lower open on Friday as investors looked to book profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

More Companies Shed Light on Political Spending

More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.

Euro fund head sees no quick China deal

The head of Europe's 440 billion euro bailout fund played down hopes of a quick deal with China to throw its support behind efforts to resolve the bloc's debt crisis but said he expects Beijing to continue to buy bonds issued by the fund.

Futures down on profit-taking after rally

Stock index futures fell on Friday as investors took profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.

WPP vows better margins to offset weaker growth

WPP Plc , the world's largest advertising company, sought to reassure the market with a pledge of improving margins on Friday, after it cut as expected its 2011 outlook due to slowing growth in the U.S. and the euro zone debt crisis.

Futures falls on profit-taking after rally

U.S. stock index futures fell on Friday as investors took profits a day after a rally that pushed the S&P to close above its 200-day moving average for the first time since August.

Agbank says chairman Xiang resigns

Agricultural Bank of China Ltd <1288.HK><601288.SS>, the country's third-largest bank by market value, said on Friday that its chairman, Xiang Junbo, has resigned.

Stock futures signal lower open after rally

Stock index futures pointed to a weaker open for equities on Friday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.4 to 0.5 percent.

Europe Bailout Fund Chief Sees No Quick China Deal

The head of Europe's bailout fund said Friday he does not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue buying bonds issued by the fund.

Fiat, Fiat Industrial preference, saving shares soar

Preference and savings shares in Italian auto maker Fiat SpA and truck and heavy machinery maker Fiat Industrial SpA soared on Friday after the two groups announced plans to convert these share classes into ordinaries.

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