One of the fastest-growing sectors in tech, mobile apps are a Wall Street darling. Newbies are jockeying to be the next Twitter.» Read More
_ Netflix Inc.' s stock surged 10.5 percent after an analyst sought to ease investor fears that the online subscription service will face intensifying completion from Amazon.com. _ Shares of Glu Mobile Inc. got a boost after the mobile game developer said it signed a gambling deal with Probability PLC.
NEW YORK-- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:. Green Dot Corp., down $2.60 at $10.25. Shares of the prepaid card seller fell after Wal-Mart Stores Inc. and American Express said they will team up to make a rival card.
Stocks ended lower in thin trading Monday, with the Dow pulling back after hitting a five-year high, amid jitters over global growth and ahead of what many forecast will be a weak earnings season.
Netflix has surged more than 30 percent in the past week. Monday’s 10 percent gain was sparked by a Morgan Stanley upgrade, but at least one analyst suggests investors tread cautiously.
There’s room in the tablet market for more than just one device, Barnes & Noble CEO William Lynch told CNBC’s “Squawk on the Street” on Monday.
One investment bank thinks Netflix bears have had their fun, and there may be close to 30-percent upside in shares. TheStreet.com reports.
Lockitron's second product launch and growth illustrate how social media and crowdfunding—including Kickstarter—are transforming the way entrepreneurs do business.
Although Apple still has not confirmed it is making a smaller iPad, a new report claims that the tech giant has already ordered more than 10 million units of the smaller tablet.
Take a look at some of Mondays morning movers.
Jay Elliot, CEO of Nuvel and former Apple senior VP, offers lessons for Hewlett-Packard as it competes with Apple. Carly Fiorina, former Hewlett-Packard CEO, weighs in.
SAN FRANCISCO, Oct 8- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.
*Janney raises Amazon.Com Inc fair value to $300 from $250; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
With a four-year debt crisis and recession affecting many of its member countries, the European Union is turning to cloud computing to create 2.5 million new jobs and boost the region’s economy.
In an acknowledgment that regulators have fallen behind the traders they oversee, the agency is turning to one high-frequency trading firm for help. The New York Times reports.
SAN FRANCISCO, Oct 6- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.
Oct 5- Amazon.com Inc said on Friday it will spend over $1 billion to buy its Seattle corporate headquarters in what will be the United States' biggest commercial real estate deal so far this year for a single location.
Oct 5- Amazon.com Inc said on Friday that it will spend more than $1 billion to buy its corporate headquarters in Seattle from Microsoft Corp co-founder Paul Allen's investment firm. Amazon said it expects to close the deal in the fourth quarter.
SAN FRANCISCO, Oct 5- Amazon.com Inc said on Friday that it will spend more than $1 billion for office space in Seattle. The world's largest Internet retailer plans to buy 11 buildings, comprising 1.8 million square feet of corporate office space, in the city, the home of its headquarters. It currently leases the space, it noted in a regulatory filing.
*Amazon.com says entered into purchase and sale agreements to acquire 11. *Amazon.com says deal for approximately $1.16 billion. *Amazon expects to close the purchase in Q4 2012, and has made a.
Oct 5- 3 M Co:. *The 3 M streaming projector is now available for pre-order at Amazon.com for. *Says orders will begin shipping October 22nd.