Jefferies & Co. downgraded its rating on shares of Sierra Wireless Inc. (SWIR) to 'hold' from 'buy'. However, the brokerage raised its price target on shares of the Canadian mobile modem maker to $15 from $13.
Studying the structure of open interest in US Comex Gold Futures and options, it points to more volatility and the risk...is very much to the upside, says O'Connell, concluding that professional traders are looking for a Gold Price of $1500 or even $1600 by the start of April.
The business jet market involving key-players like Boeing, Airbus and Bombardier are targeting the Gulf buyers for trade involving million dollar aircraft purchase agreements.
Online casino CasinoRewards.com has hit its target of giving away $10 million.
U.S. regulators may force big financial firms to award half or more of their executive pay in the form of stock or other deferred compensation instead of cash, the Wall Street Journal said, citing people familiar with the situation.
Toshiba Corp <6502.T> may log 1 trillion yen ($11.94 billion) in sales from its nuclear power business by fiscal 2013, instead of fiscal 2015, due to a growing demand in emerging markets and the United States, its President Norio Sasaki told The Nikkei in an interview.
Sony Corp's LCD TV sales will likely fall slightly short of a targeted 60 percent rise in unit terms this financial year, a senior executive said, with new 3D TVs unable to resuscitate soft sales in mature markets.
Sony Corp said it was likely to fall slightly short of its ambitious 25 million unit LCD TV sales target for the year to March 2011, with sales in developed markets seen flat from last year in the key year-end shopping season.
India and China agreed to bolster bilateral trade and to reduce the massive trade deficit between the two countries, it was announced on Thursday during Chinese PM Wen Jiabao's visit to India.
Euro area annual inflation was 1.9 percent in November, unchanged compared with the last month and within the European Central Bank's target, the European Union's statistics office Eurostat said on Thursday. On a monthly basis, inflation rose 0.1 percent in November.
Airbus will fall one plane short of its delivery target for the A380 superjumbo this year, following engine checks in the wake of last month's Qantas
After some seemingly hawkish moves in the past few weeks, Chinese policy makers adopted a dovish tone on Tuesday by easing the consumer inflation target to 4 percent for 2011.
The foreclosure prevention program of the Obama’s administration is expected to aid far fewer homeowners than initially targeted, according to a report released on Tuesday.
China will set a 4 percent target for consumer inflation next year, up from this year's 3 percent objective, state television said on Tuesday, an indication that the government will desist from aggressive tightening even as price pressures mount.
China will probably target about 7.5 trillion yuan ($1.1 trillion) in new loans next year, level with its 2010 target, a leading official newspaper reported on Tuesday, an indication that policy could be slightly looser than expected.
NEW YORK - As music retailers suffer ever shrinking sales, some of the most aggressive moves to boost business are being made by the perpetual runners-up in their respective sectors.
NEW YORK - As music retailers suffer ever shrinking sales, some of the most aggressive moves to boost business are being made by the perpetual runners-up in their respective sectors.
Cyber activists attacking organizations seen as foes of WikiLeaks briefly blocked a Dutch prosecution website on Friday after a 16-year-old suspected of involvement in the campaign was arrested in the Netherlands.
Cyber activists striking at companies seen as enemies of WikiLeaks sought to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity.
Cyber activists striking at companies seen as enemies of WikiLeaks tried to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity.
Cyber activists striking at companies seen as enemies of WikiLeaks sought to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity.
3M Co set a 2011 profit forecast that could top Wall Street's expectations, saying that strong growth in emerging markets including India and Latin America would offset a tepid U.S. economy.
