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Weekly Stock Market

Weekly Stock Market News at Your Fingertips
This is the ultimate source for stock market news! Here, you will be provided with the hottest news dealing with the stock market and with the economy. Our Weekly Stock Market news are fresh, catchy and newsworthy. Updated regularly, you will always find a new read. Sit back and enjoy your dose of Weekly Stock Market news!

Geoeye and Digitalglobe Announce Merger

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On July 23, 2012 Geoeye and its main competitor, Digitalglobe, announced that they had agreed to merge. Among the benefits claimed were increased scale and customer diversification, over $1.5 billion in savings, the ability to provide a more compelling solution for the U.S. government and more complete solutions for all customers, and enhanced financial strength. We profiled Geoeye on February 10, 2012. Please see our disclaimer. NOTICE: This article was based on research of stock market information and other sources of information, found both online...

Big Data as a Service (BDaaS), Featuring Sears

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Many think Big Data will one of the next big things in computing and that Big Data as a Service (BDaaS) will be the means by which most organizations implement Big Data solutions. According to International Data Corporation (IDC), the worldwide market for Big Data technology and services forecast is expected to grow 40% per year (compounded) – reaching almost $17 billion by 2015 from about $7 billion this year. And a lot of capital is flowing to companies developing Big Data technology and DBaaS....

The Changing Face of Financial Services

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The financial services industry is undergoing dramatic changes and the trend is expected to continue. The industry is in many cases burdened with outmoded legacy systems and an infrastructure based on physical distribution (e.g., checks, paper statements) and personal interaction. Now industry players are increasingly dealing with a world of disruptive technology and changes in customer behavior and expectations. Numerous start-ups are offering new and alternative services – sometimes in cooperation with traditional channels (allowing them to offer differentiated services), but often bypassing them altogether....

Gold and GemStone Mining Inc. (OTCQB:GGSM) Announces Planned Mining Operations

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After the markets closed on June 5th, Gold and GemStone Mining Inc. (OTCQB:GGSM) announced that it, based on testing and analysis of its existing claims, will begin directing resources towards actually beginning mining operations at one property. Gold and GemStone Mining’s business is “the acquisition, exploration, and development of Diamond and Gold properties.” It currently has a joint venture agreement with a Sierra Leonean company to explore three promising diamond and gold properties in a mineral rich part of Sierra Leone. We’ve previously written about...

The future of Facebook’s ad revenues just got gloomier

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General Motors spent 10 million dollars on Facebook ads over the past year, but today they said no more. Company officials say they have been unable to quantify the additional expense. However, they will still manage their Facebook page – a cost of $20,000,000 per annum. But Facebook will never see any of that money either because Facebook fan pages are free. Some market analysts claim that much skepticism surrounds ad campaigns on Facebook and their cost effectiveness. These ads may increase a company’s and/or...

Crowdfunding – Will It Change the World of Financing Small Businesses in the US?

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Unfortunately no one will know for sure until the Securities and Exchange Commission (“SEC”) issues rules to implement the use crowdfunding for financing small businesses. These rules should be in place later this year or early 2013. But the possibilities of crowdfunding are creating a lot of excitement, generating strong opinions both pro and con and prompting many to line up in hopes of profiting by facilitating crowdfunding for other businesses. Crowdfunding is the process of raising money for a project or venture from many...

Increasing number of Americans in favor of offshore drilling

Offshore drilling gains supporters across the country

Offshore drilling has been stirring controversies for what now seems like forever. The undeniable fact is that it has many opponents. No one can hide that. There is, however, one other undeniable fact – every single one of these objectors somehow, in one way or another, benefits from offshore drilling. With other green power sources still in their developmental stage it is virtually impossible to remove oil and gas from all industries, especially aviation and transportation. Modern fleet and smart management team – a platform...

Caduceus Software Systems – Major Stock Activity

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A company which we have covered in the past – Caduceus Software Systems Corp. – OTCBB:CSOC is showing unusual activity this morning. In the first 30 minutes of trading, over 800,000 CSOC shares have traded hands and at of 10:00 AM ET the price had risen 66%. As of 10:15, the price had gone down but still was 50+% up for the day. A possible reason could to be that, before the market opened, the company announced that it had updated its flagship product with...

Emerging from a Cryogenic Crust – Atari rises!

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For all those who don’t know Atari, it was they who brought us the first computer game – “Pong”. Indeed, Pong is appalling by today’s standard calculators (and I mean calculators, not computers), but never-the-less, the idea of two large blocks, one of them controlled by you, hitting a ball across the TV screen, was an outright revolution in its day! The company’s products, such as “Pong” and the Atari 2600, helped define the computer entertainment industry from the 1970s to the mid-1980s. Atari also...

NYSE-NASDAQ Rivalry Continues as Texas Instruments leaves the Big Board

NYSE-NASDAQ Rivalry Continues as Texas Instruments leaves the Big Board

One does not need to be a sports fan to know that rivalries are just a part of the game. They know a thing or two about it in New York where antagonism towards teams like the Devils, Red Sox, Patriots, or Celtics just hangs in the air. The city, however, is also home to a completely different, more subtle rivalry that goes on in downtown Manhattan where the stock exchanges, particularly NYSE and NASDAQ, compete for companies. Exchanges not all about the money… Chris...

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