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
Apple Inc.'s iPhone may have a corner on the smart phone headlines, but Research in Motion and Palm will generate some news of their own when they release earnings after the bell today.This will shape up into a tale of three companies: One might be too hot, the other too cold, and the last might be just right.
Shares in Diageo fell 2.5% as the world's largest alcoholic drinks maker held its operating profit growth target at 8% Thursday, despite upbeat sales for the recent quarter.
Update: I am out of the office Monday the 25th through Wednesday. Be sure and check back with me later this week. One week from today, Apple Inc. will unleash its iPhone on what appears to be a ravenous marketplace; panting about the prospects, pouting about the long lines expected and the chance consumers who want one may not get one on that first day. For Apple though, it's all about ringing up sales, or racking up risk: Will iPhone measure up to all the hype it has enjoyed these past several months. What hype, you might ask?
After an amazingly busy week of Apple Inc., Yahoo, Microsoft, Google, eBay and the ever-growing valuation bonanza shaping up here in the Silicon Valley, you'd expect a flood of email, and ummm, I'm still dripping! So, in keeping with my earlier promise of not just printing, but answering, the missives, here we go!
Scott Kessler, equity analyst at Standard & Poor’s, told CNBC’s “Squawk Box” that Yahoo can successfully pitch itself as the "non-Google" counterpoint to Google.
Shares in Fiat bucked the overall weakness in European stock markets on news the Italian carmaker won a contract worth $3.22 billion to supply DaimlerChrysler with truck engines for the next eight years.
Apple Inc. shoots down two of the biggest criticisms of its upcoming iPhone, and does so with gusto! Not an easy trick since the iPhone is still almost two weeks away. But that hasn't stopped critics and pundits from taking on the technology inside what some are calling the "Jesus Phone" because of the universal hype surrounding the product. A kind of "Second Coming" for technology brought to us by the High Lord of Cupertino. Well, you get the gist.
The man they call "The Duck," Angel Cabrera, was one of two players who finished under par after the first round of the U.S. Open on Thursday. But oddsmakers didn't respect the 37-year-old, who had a previous U.S. Open high of a seventh place finish in 2001 and missed three of seven cuts in PGA Tour events this year. That's why on Friday morning, if you had a hunch for Cabrera, you could have dropped $100 to won north of $2,500 on Sunday. Wanted to wait until Sunday morning?
Should I ring the register on Crocs? What's up with Costco and Sears? Is Level 3 Communications a win by year's end? Cramer answers viewers' questions.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.
Just like Don Corleone on the day of his daughter’s wedding, Cramer can’t refuse the wishes of his loyal patrons during the week of his 500th show. So the Home Gamers who have been screaming for Chinese stocks will finally get their way.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.
“I just decided that I should do something pretty creative in trying to earn as much money as possible…and I just woke up one morning and had the idea.” That's California homeowner Darren Shuster talking about how he woke up with a new vision of his home: house as billboard. I’m not kidding. We saw the painters. He’s literally selling ad space on his 3-bedroom ranch.
The chairman of Cable & Wireless Richard Lapthorne may face investor backlash over a controversial pay proposal made by the telecom company, the Financial Times reported Friday.
Hi again, everyone. I've been remiss in not getting your comments on the blog with some of my responses, but yesterday's post about Apple shares brought an unusually high response. Both in the blog, and on my company email. In the media business, we have a term for the Mac (now iPod) faithful when we write or report some less-than-flattering comments and angles to the Apple story. We call it, "getting flamed."
The Academy of Motion Pictures Arts and Sciences just approved some new rules for the 80th Academy Awards. The most notable change is a rule that states that nominees for Best Picture can only be "three or fewer producers who have performed the major portion of the producing functions." The board approved the potential for exceptions to that limit, but it definitely sends a message about disputes over who claims awards to films like 'Crash' from Yari Films.
You gotta hand it to ThinkEquity Partners' Apple analyst Jonathan Hoopes who broke from the Street pack and, (the horror!), downgraded Apple Inc. today. Downgraded? Apple? That's like oil and water! Paris and freedom! The last time Apple was downgraded? Citigroup, on April 26th, when Apple was trading at around $90 a share. Those poor Citigroup clients missed another 33% to the upside since that downgrade was published.
Fresh back from a week off at Disneyland with the family, I'm raring to go. And I noticed something as we cruised around the park. Cell phones were ubiquitous. People using them standing online. People using them riding rides! Kids. Adults. Everyone. Not so prevalent, but still there, were portable gaming devices. Yes, if you can believe it, kids wandering around the park, or sitting on a bench, or waiting on line for a ride, playing PSPs and Nintendo DSs.
Shares of London-based pharmaceutical giant AstraZeneca made modest gains (down 0.9%), reversing a recent downward trend thanks to positive momentum generated by rival GlaxoSmithKline (down 0.7%).
Is CEO Seidenberg worried? Pshaw...He's ready to take the much-anticipated handset head on.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.
Roger McNamee, managing director and co-founder of private equity firm Elevation Partners, told CNBC’s “Closing Bell” that he believes Palm represents the future of hand-held communications technology.
Shares in Airbus owner EADS fell 0.9%, as details about the European planemaker's Power8 restructuring program were due to released to its unions Tuesday.