U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.» Read More
NEW YORK, July 24- In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.
NEW YORK, July 24- A mobile app from a law enforcement technology firm could soon allow emergency responders from different agencies to communicate seamlessly with each other in a crisis for the first time, sharing files and conducting impromptu conference calls. The app works on devices running on Google Inc's Android and Apple Inc's iOS operating system.
Apple Inc s fell$. 34 or. 3 percent, to $96.85. Hewlett Packard Co. fell$. 06 or. 2 percent, to $34.92. International Business Machines Corp. rose $1.02 or. 5 percent, to $194.65.
Apple Inc. fell. 3 percent to $96.85 with 24,481,300 shares traded. Ariad Pharmaceuticals Inc. rose 6.3 percent to $6.25 with 18,543,100 shares traded. BlackBerry Ltd. rose 4.2 percent to $10.24 with 20,354,300 shares traded.
Apple Inc s fell$. 53 or. 5 percent, to $96.66. Hewlett Packard Co. rose$. 09 or. 3 percent, to $35.07. International Business Machines Corp. rose $1.75 or. 9 percent, to $195.38.
July 24- Amazon.com Inc's new "Fire" smartphone features "gimmicks"- such as 3 D effects and object scanner- that may not be enough to entice users away from similarly priced Apple Inc iPhones and Samsung's Galaxy S5, reviewers said.
Samsung releases video poking fun at the Apple users' apparent excitement over the iPhone 6's rumoured new screen size.
July 24- Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.
The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.
*US tech stocks buoyed by Apple; Facebook at record high. Those measures were proposed after a Malaysian Airlines plane was downed over Ukraine last week, killing 298, possibly by a missile furnished by Russia.
Apple could be "obsolete" in three years, due to increasing competition in the technology sector, one analyst told CNBC.
*Q2 op profit 606 bln won vs 524 bln won analyst view. SEOUL, July 24- LG Electronics Inc signaled further improvement in its mobile business after record smartphone sales propelled the South Korean manufacturer to its highest quarterly profit in more than three years.
BEIJING, July 24- The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. Apple Inc's latest quarterly results showed sales of its high-end phones in China grew at nearly twice the pace analysts had expected.
*US tech stocks buoyed by Apple; Facebook at record high. LONDON, July 24- The euro pulled off 8- month lows against the dollar on Thursday after the bloc's private sector expanded at its fastest rate in three months in July, and emerging equities hovered near 17- month highs after strong Chinese data.
The pan-European FTSEurofirst 300 slipped 0.2 percent in early trade to 1,372.80 points, with benchmark indexes in France, Germany and the UK down 0.3 to 0.6 percent.
Slimmed-down technology firm Nokia on Thursday upped its full-year profit guidance at its core Networks unit.
Pedro De Noronha, managing partner at Noster Capital, discusses the "make believe" valuations of technology stocks such as Netflix, adding that Apple could be "obsolete" in two to three years.
*Tech stocks boosted by Apple, Facebook hit record high. The HSBC flash PMI for China came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent, and Australia notched another six-year peak.
SK Hynix said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years.
SEOUL, South Korea— LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses. Like other South Korean exporters, LG Electronics said the strength of the country's currency, the won, eroded its oversea profits.