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HP Announces Solid Earnings Despite the fact that their former CEO Mark Hurd decided to leave the company at the end of October, Hewlett-Packard posted very solid earnings for the fiscal quarter that ended on October 31st. The company has been the source of a lot of controversy in recent days, and the high earnings were very surprising. The company reported revenue of $2.5 billion throughou... |
Netflix Stock Rallies After New Streaming Subscription Plan Announcement LOS ANGELES, CA., Nov. 22 (TOTI) -- Netflix stock has climbed today after the company announced a new subscription plan. Netflix stock has rallied sharply upon the news circulating that the company has introduced a new, $7.99 streaming-only plan. The company has been increasing its streaming efforts in 2010 to a great reception by the public. Users... |
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General Motors Stock Makes Comeback DETROIT, MI., Nov. 18 (TOTI) -- The American car company General Motors has had a hard time getting investors to believe that their stock will be able to recover to the point that it was a decade ago, when the SUV industry was seemingly booming. After the company received federal bailout funds, many investors wrote them off as an unsafe investment from that point ... |
Apple Inc Faces Smartphone Competition In China LOS ANGELES, CA., Nov. 18 (TOTI) -- Apple Inc (NASDAQ:AAPL) will face increased competition in the Chinese smartphone industry. China Unicom (NYSE:CHU) today said it would start to sell smartphones under its own brand name by the end of 2010, according to China Daily. The company is the exclusive marketer of Apple's (AAPL) iPhone in China. China U... |
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Citigroup Inc Stock Up Slightly As Company May Re-File Foreclosures NEW YORK, NY., Nov. 18 (TOTI) -- Citigroup Inc (NYSE:C) stock is up slightly today to $4.26 per share as the bank says it might have to re-file thousands of foreclosure documents. Citigroup told Congress that it now may have to refile thousands affidavits in foreclosure cases that began before it changed its procedures, said Bloomberg. Citigroup, a... |
Apple Inc Co-Founder Wozniak Says Android Will Dominate Smartphones CUPERTINO, CA., Nov. 18 (TOTI) -- Apple Inc (NASDAQ:AAPL) co-founder says Android will end up dominating smartphone platforms, according to Engagdet. Apple co-founder Steve Wozniak is quote as saying he believes Android is expected to become the dominant smartphone platform. He went on to tell the Dutch-language De Telegraaf newspaper that the Google OS is likel... |
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GameStop Stock Dips After Earnings CHICAGO, IL., Nov. 18 (TOTI) -- GameStop Corp. (NYSE:GME) stock has dipped over 2% in pre-market trading as the company announced Q3 earnings. GameStop said its Q3 SSS were up 1.1%. U.S. segment comparable store sales were 5.3%, while total company comparable store sales increased 1.1%. New software sales were strong globally, but the weakness in ... |
Volvo Aims To Double Sales In Ten Years WASHINGTON, DC., Nov. 17 (TOTI) -- Volvo plans to double its sales by 2020, said the Wall Street Journal today. Volvo (VOLVY) aims to more than double its global sales by 2020, said the newspaper. CEO Stefan Jacoby said in a presentation that the car company plans on doubling its global sales mainly through expansion in Europe and China. He also said he wants to... |
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Google Inc Stock Up Slightly Amid Flurry Of New Products LOS ANGELES, CA., Nov. 17 (TOTI) -- Google Inc (NASDAQ:GOOG) stock is up slightly today to $585.67 per share amid a flurry of information about new products the company is offering. Google plans on enabling users to edit Google Docs on mobile devices. Google said that its new document editor would enable people to edit Google Docs on their mobile d... |
Microsoft Corp Still Raking In The Dough On Xbox 360 SEATTLE, WA., Nov. 17 (TOTI) -- Microsoft Corporation (NASDAQ:MSFT) continues to do well in the game industry, as the Xbox 360 wins in U.S. sales again, according to ComputerAndVideoGames.com. Microsoft's Xbox 360 has beaten Sony's PS3 and Nintendo Co. Ltd.'s (PINK:NTDOF) Wii in U.S. sales for a fifth straight month, reports ComputerAndVideoGames.com. According t... |
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Citigroup Inc Stock Down As NYC Comptroller Calls For Foreclosure Audits NEW YORK, NY., Nov. 17 (TOTI) -- Citigroup Inc (NYSE:C) stock is down slightly today to $4.18 per share as John C. Liu, comptroller of New York City calls for Citigroup, JP Morgan & Chase, Bank of America, and Wells Fargo, to conduct audits of their mortgage lending and foreclosure practices. The four big banks are likely to listen, because Liu is... |
Bank Of America Stock Slumping As Foreclosure Crisis Seeks Resolution CHARLOTTE, NC., Nov. 17 (TOTI) -- Bank of America Corporation (NYSE:BAC) stock is following the same path as many of its colleagues in the financial services sector today. That path is downward, due in large part to a gloomy economic outlook and increasingly complex problems with mortgage lending and foreclosures. The Washington Post today said t... |
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Hewlett-Packard Slate Tablet On Backorder CHICAGO, IL., Nov. 15 (TOTI) -- Once again proving the strong demand in the tablet market, Hewlett-Packard Co. (NYSE:HPQ) today said that its Slate tablet is on backorder due to high demand. Hewlett-Packard reported that its Slate tablet is on backorder "due to extraordinary demand." Orders of the tablet are expected to ship in six weeks, the company went on to s... |
Google Inc Stock Under $600 As Company Launches Local Product Search MOUNTAIN VALLEY, CA., Nov. 15 (TOTI) -- Google Inc (NASDAQ:GOOG) stock is just under $600, at $597.33 as word arrives that the company has launched local product search for desktops. Google today announced the launch of local availability results in Google Product Search on desktop. Consumers can now search for a product and click on the “nearby stores” label... |
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Altria Group Stock Down Slightly After Friday Downgrade NEW YORK, NY., Nov. 15 (TOTI) -- Altria Group Inc (NYSE:MO) stock is down slightly today to $24.75 per share, after the stock was downgraded on Friday by Citigroup. Citi at the time downgraded Altria and Lorillard, to a Hold from Buy after assuming coverage of the stocks citing menthol regulation risk and increasing competitive pressures. The New Y... |
Motorola Inc Could Split In Two CHICAGO, IL., Nov. 15 (TOTI) -- Motorola Inc (NYSE:MOT) co-CEO today said that the company could split in two in January 2011, according to Reuters. Motorola co-CEO Greg Brown stated that the company could separate into two entities as early as January, said the news wire. The company previously announced plans to split the company into Motorola Mobility and Moto... |
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Ford Motor Stock Hits 52-Week High DETROIT, MI., Nov. 15 (TOTI) -- Ford Motor Company (NYSE:F) stock has hit an important milestone today, touching the 52-week-high as the company announces what markets it plans on selling its electric Focus in. “F” shares are up over 3.4% on heavy volume, taking the shares up to a fresh 52-week high of $16.87. Resistance levels to watch as potential upside o... |
Apple Inc Is Underperforming CUPERTINO, CA., Nov. 15 (TOTI) -- Apple Inc (NASDAQ:AAPL) is underperforming after the company said that iPad Q4 sales could miss prior expectations. After conducting channel checks, analysts at Rodman & Renhaw said they believe that Apple's Q4 iPad sales may fall well below Street estimates. The firm believes there is "anecdotal evidence" that the ... |
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Apple Inc Options Active As Stock Dips Precariously CUPERTINO, CA., Nov. 12 (TOTI) -- Apple Inc (NASDAQ:AAPL) stock is down sharply today to $308.22 per share. Apple options are active and the stock's volatility is flat at 33 as shares sell off 2.66% to end the week's trading. Apple is recently down $8.43 per share as November 310 calls and puts are active. Total call volume of 200... |
Apple Inc Stock Slumps, Has Support At $314.62 CUPERTINO, CA., Nov. 12 (TOTI) -- Apple Inc (NASDAQ:AAPL) has traded sideways since the company's recent earnings announcement. Right now Apple has support at its 10-day moving average at $314.62, then at $312.88. So far it doesn't appear that AAPL shares are ready to fall much further, but it pays to be ready if you're trading shares. Apple has n... |
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