Weekly Stock Market News at Your Fingertips
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A while back, we became speculative as the Nokia (NYSE:NOK) stock seesawed with its more powerful competitors, Apple, RiM, and Android. Nokia was the one being dragged down to ground level as the other companies stayed atop with their heads in the clouds. At the same time, “Tablet” is a common word these days, as Amazon’s Kindle Fire and Barnes & Noble’s Nook Tablet enter the tablet market. Who else will join them? No one other than Nokia itself, the Finnish company that was once...
It’s one thing to lose a job of a few years without a warning, but it’s another thing to find out from a group email or the news. That’s the exact scenario that played out at MF Global on Friday, November 11th, when the brokerage firm fired all of its 1,066 employees, many of whom never received the memo personally. Instead, they found out by watching the news on television or from an email that was sent to all employees. The atmosphere at the Manhattan...
“Enough is enough,” President Obama declared bluntly to journalists during the closing news report held at the Asia-Pacific Economic Cooperation (APEC) summit. The APEC summit this year is being held in Hawaii, and although significant breakthroughs were made in the President’s push to promote green technology and create a pan-Pacific free trade zone, there was also a need to talk about China’s alleged currency manipulation. “We’re going to continue to be firm that China operate by the same rules as everyone else,” Obama told reporters...
Italy is on the verge of becoming economically unhinged. The global spotlight is on the world’s seventh-largest economy since it began to spiral down a financial black hole. Italy has found itself on the edge of a precipice and everybody is holding their breath to see if there will be a happy ending. The International Monetary Fund and the European Union were able to provide a rescue package to help out Ireland, Portugal and Greece when they lost their way and couldn’t pay their debts....
A letter that is circulating on Facebook and by email is claiming that Warren Buffett, possibly the worlds greatest stock mogul and one of the richest people in the world, has decided that enough is enough and is planning to end the recession that is crashing around the psyche of the United States of America. I could end the deficit in 5 minutes, said Warren Buffett during a July CNBC interview. You just pass a law that says that anytime there is a deficit of...
Airlines could be on course for financial woes as flights to Europe are about to get bumpy. The turbulence comes from a European Union law that, from January 1st 2012, all flights departing and arriving at European airports must pay for their carbon emissions. A host of 25 countries, including the US, Russia, China and other non-EU members are lodging a formal complaint at the International Civil Aviation Organization meeting in Montreal. According to Reuters, the U.S. House of Representatives also passed new legislation last...
It’s no secret that Apple has created its own technological eco-system with its product line and designer appeal. However, on buying one of these sleek devices, be it a computer, iPod, iPad or iPhone, it won’t be long before the sinewy fingers of marketing begin to tickle your subconcious. You’ll develop a lust that manifests with you wanting to harness the full power of your new Apple device by buying that other Apple device that connects to it – and so on, ad nauseum. It’s...
You may remember your first cell phone as a Nokia. The phone you knew all to well, but one day it just didn’t suffice any longer because you needed to do more that just check the time and speak directly to people at a time when it was convenient for both parties. Once upon that time Nokia stock was hot; in a time when the complexity of a phone entailed a colorless screen and 12 numbered buttons plus send and end. These phones were so...
The world’s favorite Apple is bouncing up and down a bit lately, but luckily it’s not heading for the food processor. We’re talking about the Apple (NASDAQ:AAPL) company, the legacy of the late Steve Jobs. Despite the recent death of the man who gave us the Macs, iPods, iPads, iPhones, and the other magnificent inventions we can’t live without, the company is steamrolling ahead with innovation, and getting crushed is not part of its future plans. The current volatility of the AAPL stock is defined...
The renewable energy industry has developed tremendously over the past 15 years. With a joint-worth of tens of billions of dollars, green companies have already become a very important part of the energy sector and they’re only getting bigger. By 2017, the combined worth of sustainable energy companies will exceed 250 billion dollars. Needless to say, socially responsible investing (SRI) will also become more lucrative. SRI has many other names, which include ethical, sustainable, and socially conscious investing. However, regardless of the name, the bottom...
