Archives

Apple masks deception in market - Kotok

Cumberland Advisors' David Kotok isn't convinced about Apple's rally in share price yet.


Trusteer Acquired by IBM for Israel cybersecurity lab

Security firm Trusteer was acquired by IBM to expand their business in cybersecurity. IBM announced Thursday that it had agreed to purchase Israel startup Trusteer.

Macy's dismal sales blame shopper spending

Retail company Macy's blamed shoppers' current spending habits for its second quarter sales.

Berkshire invests in Suncor, Dish, not newspapers - SEC filing

Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.


Latest News

Political unrest in Egypt affected both small-scale and large scale business. Observers fear it would get even worse.
The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.
Gartner said during the second quarter, smartphones outsold feature phones for the first time. According to research firm Gartner, smartphones outsold feature phones during the second quarter for the first time.
Apple's stock rose after Carl Icahn expressed his interest in the company amid the release of Apple's new products.
'Die Hard' star Bruce Willis' television commercial was banned from Britain's airwaves for being misleading.
Nintendo Co. won a 50% cutback of the USD30.2 million in damages awarded to Sony Corp's former worker Seijiro Tomita.
Analysts said Blackberry would be broken up into pieces if a private equity firm would purchase the smartphone maker.
US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.
Analysts said the release of new iPhone and the 4G license grant for China Mobile might mean Apple and China Mobile's deal is looming.
Gartner said this year, the public cloud services market would grow by 18.5% to USD131 billion worldwide.