Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.» Read More
European stock markets closed lower Tuesday after Swedish telecom giant Ericsson shocked investors with a drastic profit warning. Inflation concerns added to the negative sentiment as the cost of oil continued to surge higher.
If Icahn gets his way, this company could split into three. Cramer puts a price on it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
My thoughts this Tuesday morning: 1) Ben Bernanke's speech widely discussed on the Street this morning. Traders wondering why he didn't talk about energy and food prices; further evidence that core inflation is what matters to the Fed.
You may know Nielsen for its TV ratings, but the company also tracks all your entertainment consumption online. Today, Nielsen is announcing two new divisions--Nielsen Online and Nielsen Mobile--to give more detailed analysis of how people are spending their time and their money online and on their mobile phones.
This will be a giant week for tech stocks and tech investors, beginning with three huge names reporting earnings Tuesday: Yahoo, Intel and IBM. So rather than focus on what these companies HAVE reported, I thought I'd focus on what to expect instead.
Better-than-expected earnings from mobile-phone company Sony Ericsson boosted telecommunications stocks in Europe and added to a firm close for the major indexes Monday.
Is there no end in sight for Google and its shares? Last week when the company was oh-so-close to $600, I wrote that price targets would be on the move now that the company was teasing investors with yet another key milestone on its journey to the stratosphere, and sure enough, Bear Stearns revised its 52-week target to $700 just two days later.
Apple shares continue to take off, thanks to news nuggets here and there about the better-than-expected iPhone sales success. In fact, shares are so high that rumblings of an impending stock split are coming back, even though CEO Steve Jobs was pretty clear at his shareholders meeting earlier this year, offering up props to the Google no-split stock-price strategy (Eric Schmidt sits on Apple's board) and steering investors away from the idea of any kind of split.
Research in Motion certainly got tongues wagging, and the sweat dripping, and the Apple fanboys wondering what it all means for iPhone. They got a little nervous there when RIM's numbers came out and the stock began to deflate. Nervous again when the rally in RIM shares failed to take off...
BlackBerry maker Research In Motion broke through the 10 million subscriber mark at the end of the second quarter and said it's expecting the growth in accounts to accelerate as the company targets the consumer market, sending its shares spiraling upward.
In the search for overlooked IPOs, Cramer said he might have found one of the best high-growth, high-momentum stocks of the coming year.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Research In Motion, maker of Blackberry wireless devices, reported second quarter earnings in line with estimates and raised guidance for the third quarter. "I like it, the results were good and guidance was quite strong," said Nirav Parikh, an analyst at TCW.
Shares of Research in Motion took a bit of a hit in after-market trading the moment its earnings were released. Seems like a classic "sell on the news" kind of reaction, but this stock could yet turn around during the company's conference call.
With all the attention paid to Apple Inc. and its iPhone, lost in the coverage is RIM's meteoric rise. And today's earnings report could ignite an after-burner like investors haven't seen yet. RIM has done something other smart phone makers haven't been able to achieve: cross over from business and enterprise clients to consumers.
Stocks are waffling and a lot of the talk is focused on Friday's employment report. Traders are also watching this morning's 10 a.m. release of the Institute for Supply Management's non-manufacturing index.
Palm is painting a disappointing quarterly outlook -- and urging investors to be patient as it strives to regain strong growth, even as rivals' stock prices reach trading highs amid their own robust sales.
Some snap reaction to the first quarter earnings numbers from handset maker Palm; the good, the bad, and the ugly. Palm's report was essentially right in line with expectations: The company reporting 9 cents in adjusted profits, or a penny per share loss if you take out the stock-based compensation charges.
The numbers are flying fast and furious today: Nokia snapping up GPS mapping leader Navteq for a staggering $8.1 billion. Many on the Street are scratching their heads at such a high valuation but wow, dig a little deeper and Nokia may have stumbled upon something that other handset makers missed, or weren't willing to pony up the cash to make something ambitious and forward-thinking really happen.
France Telecom announced on Friday the sale of its Orange Netherlands unit to Deutsche Telekom in a cash deal worth 1.3 billion euros.
It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.
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