To help figure out why The Gap hired Michael Francis, it's better to ignore his brief time as president of beleaguered J.C. Penney and look to his prior experience at Target.
Angelo Young
Sep 14, 2012
Steve Wozniak, the programmer and computer engineer who helped launch what would later become Apple Inc. (Nasdaq: AAPL), didn't have the best things to say about his former company when the subject of Apple's recent legal battle with Samsung (KRX:005930) came up, even as he expressed his anticipation for purchasing the new iPhone 5. Speaking to Bloomberg about Wednesday's launch of the highly anticipated iPhone 5 unveiling, Wozniak praised the iPhone 5, but also commented on the recent ...
Yannick LeJacq
Sep 13, 2012
Shares of Apple Inc. (Nasdaq: AAPL) jumped Wednesday during its highly anticipated unveiling of a host of new high-profile software and hardware products, including the iPhone 5, in San Francisco.
Yannick LeJacq
Sep 12, 2012
Considering that the price of one share of Apple is about the same price as its unlocked iPhone (the one that allows you to switch carriers), there are less exciting, less expensive stocks out there that have done as well or better.
Angelo Young
Sep 12, 2012
Apple Inc on Wednesday took the wraps off the iPhone 5, the thinnest-ever version of a smartphone that yields the majority of its profit and helped it become the world's most valuable corporation.
Raymond Ronamai
Sep 12, 2012
Market bulls charged on Wednesday -- running U.S. stock futures, European stocks, the euro, oil and gold higher -- in the wake of a German court ruling that backs the country's participation in the euro zone's new bailout fund created to prevent the weakest euro economies from going bust. However, some economists warn that it's too early to sound the all-clear on the fate of the single currency bloc.
Moran Zhang
Sep 12, 2012
Alcatel Lucent SA, Nokia Corp, Sohu.com, Facebook, Barclays, Banco Santander, Cognizant Technology Solutions Corp, Morgan Stanley and Apple Inc. are among the companies whose shares are moving in pre-market trading Wednesday.
Satya Nagendra Padala
Sep 12, 2012
Chinese media reveal that Foxconn, which assembles products for Apple, is still carrying out abuses in its labor practices, including the drafting of local college students in East-Central China into its factory labor force, and whitewashing the incident as an "internship" experience.
IBT Staff Reporter
Sep 11, 2012
Google Inc. and Boingo Wireless Inc., made another bold move Tuesday to position themselves as a prominent resource for wireless services by establishing another 4,000 mobile hotspots across the United States. As a promotional event to advertise the new expanded partnership with the companies are also making Wi-Fi free in all the new locations "through the end of September," Boingo said in a statement.
Yannick LeJacq
Sep 11, 2012
If, as one analyst expects, Apple sales of its new iPhone 5 -- estimated to cost about $600 each -- reaches 8 million, it could boost the GDP of the U.S. by half a percentage point.
Moran Zhang
Sep 11, 2012
With just a day to go for Apple's Sept.12 event, confirmed reports have emerged that South Korean handset manufacturer Samsung is contemplating legal action against Apple over reported use of Long Term Evolution (LTE) connectivity technology.
Valli Meenakshi Ramanathan
Sep 11, 2012
Apple is expected to unveil its next-generation smartphone this Wednesday in San Francisco, but once the new iPhone eventually goes on sale -- sources peg Friday, Sept. 21 as the likely release date - who will be selling the phone? And what different size capacities can customers buy? On Monday, T-Mobile UK added placeholders into its internal and external systems for four new iPhone sizes. According to the website, the iPhone listed only as "iPhone X" will come in black in white colors an...
Dave Smith
Sep 10, 2012
Each week, the IBTimes Money team picks the six biggest, most dramatic, or most compelling winners and losers in business. For the week of Sept. 3-7, the former include global automakers such as the Honda Motor Co. (NYSE: HMC), and the latter include the Nokia Corp. (NYSE: NOK).
Benjamin Reeves
Sep 07, 2012
Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.
Satya Nagendra Padala
Sep 07, 2012
The top after-market Nasdaq gainers Thursday were Smith & Wesson Holding Corp, Ulta Salon, Cosmetics & Fragrance Inc, Vical Inc, Bazaarvoice and MAP Pharmaceuticals. The top after-market Nasdaq losers were Audience Inc, Mattress Firm Holding Corp, Accuray Inc, Envivio Inc and Aceto Corp.
Sreeja VN
Sep 07, 2012
While Apple Inc. recently concluded one of its high-profile legal disputes with Samsung Electronics Co. Ltd., the American tech giant may be entering another court case soon, this time in a tussle with Bruce Willis. The "Die Hard" actor is apparently preparing to sue Apple over the rights to his iTunes music library after his death.
Eric Brown
Sep 02, 2012
Samsung Electronics Co., Ltd. (KRX: 005930) on Saturday accused Apple Inc. (Nasdaq: AAPL) of resorting to litigation in an attempt to limit consumer choice after the iPhone maker said it was seeking to halt U.S. sales of Galaxy S3 smartphones.
Moran Zhang
Sep 01, 2012
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?
Angelo Young
Aug 30, 2012
Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over its arch-foe into a tangible business benefit.
Ambrosia Sabrina
Aug 28, 2012
ImmunoGen Inc, Nokia Corp, Dollar Thrifty Automotive Group, Research In Motion, Apple Inc, Hewlett-Packard, Partner Communications and Tata Motors Ltd. are among the companies whose shares are moving in pre-market trading Monday.
Satya Nagendra Padala
Aug 27, 2012
In the wake of the $1.05 billion verdict delivered Friday in the widely watched U.S. intellectual-property case won by Apple Inc. (Nasdaq: AAPL) and lost by Samsung Electronics Co. Ltd. (Korea: 005930), Samsung was battered in Korea Exchange trading Monday.
J.J. McGrath
Aug 26, 2012
Apple Inc scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages.
IBT Staff Reporter
Aug 24, 2012