Duracell is making a push in wireless charging, working with partners to try and do for public gadget power what Intel did for public WiFi.» Read More
*Clearwire shareholders to vote on Sprint buyout May 21. NEW YORK, May 17- Minority shareholders of Clearwire Corp are expected to vote down a buyout offer from Sprint Nextel Corp next week and force the No.3 U.S. wireless company to cough up more cash for control of Clearwire's valuable spectrum.
*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
SAN FRANCISCO, May 16- Intel Corp's new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.
Stacy Smith, Intel CFO, speaks to CNBC's Jon Fortt about business as PCs fall on hard times. "We have unmatched assets to make the best devices," he says.
Brian Krzanich, former COO, is taking the reins at the tech giant at a critical time, reports CNBC's Jon Fortt.
Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
Cisco Systems Inc. fell. 2 percent to $21.23 with 16,073,900 shares traded. Facebook Inc. fell. 8 percent to $26.86 with 14,183,400 shares traded. Groupon Inc. rose 4.9 percent to $7.23 with 20,733,300 shares traded.
*Bank of America helps lead Dow higher. NEW YORK, May 14- U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further. Bank of America, up 2.8 percent at $13.34, was the Dow's biggest percentage gainer, while Citigroup Inc rose 2.4 percent to $50.09.
The S&P and Dow closed at fresh all-time highs on Tuesday after widely followed hedge fund manager David Tepper said he is "definitely bullish" on stocks.
Cisco Systems Inc. rose. 3 percent to $21.34 with 17,339,700 shares traded. Dell Inc. fell. 5 percent to $13.46 with 16,335,000 shares traded. Facebook Inc. rose 1.1 percent to $27.12 with 15,178,400 shares traded.
TheStreet.com takes a closer look at the catalyst events that could move the stock more than 10 percent, and short sellers have to be prepared.
NEW YORK, May 13- Dell Inc's special board committee on Monday asked activist investor Carl Icahn for details of his plan to buy the computer maker, including how he would finance a cash payout to shareholders and who would run the company if his preferred slate of board directors was installed.
NEW YORK, May 13- Dell Inc's special board committee asked activist investor Carl Icahn on Monday for details of his plan to buy the computer maker, including how he would finance a cash payout for shareholders and who would run the company if his preferred slate of board directors was installed.
Amer Cap Agency fell 3.5 percent to $29.00 with 15,358,300 shares traded. Cisco Systems Inc. rose. 3 percent to $21.16 with 17,890,600 shares traded. Dell Inc. rose. 1 percent to $13.47 with 17,735,400 shares traded.
The special committee of Dell board of directors is seeking more details on Carl Icahn's proposed offer for the computer maker.
SAN FRANCISCO, May 12- To mark the Cinco de Mayo holiday this year, Domino's Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 "likes".
Doug Freedman, analyst at RBC Capital Markets, discusses whether it's time to bet on Intel.
May 9- Two months ago, when Wall Street first approached a record high, I warned about the dangers of "stock market vertigo"- a condition that combines the fear of buying shares at unsustainably high prices with the equal dread of not buying shares at prices that will never again be on offer if the market soars to permanently higher levels.
TAIPEI, May 9- Pegatron Corp, an assembler of Apple Inc's iPhone and iPad, said it would increase its number of workers in China by up to 40 percent in the second half of the year, fuelling market speculation of a new cheaper iPhone. Pegatron currently employs 100,000 workers.
Intel is trying to compete in the mobile game. Its new Silvermont chipsets could give the chip maker a boost, but that's not going to happen anytime soon, reports TheStreet.com.