American automaker Ford is coming off its best quarter in 6 years, posting major gains that drove the Ford stock up 5% on Friday. Ford Stock In the last quarter, Ford earned $2.7 billion, a statistic that has shocked even the most optimistic of analysts. This amount roughly translates to 68 cents per share,...
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Apple (AAPL) is expected to release an earnings report that will show big jumps in revenues and sales over the 2nd quarter of 2010. However, despite all of the sales, investors are still a bit cautious about the stock because of the recent iPhone 4 “Antenna-Gate” issue. Apple Earnings Report Thomson Reuters has reported...
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With unexpectedly low earnings from many major companies and debacles slowing others, this week might be a stressful one for investors. This stock market update will explain how the major players might signal things to come in the next week. Stock Market Update At the end of last week, two major stocks fell sharply...
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Bill Gates the founder of Microsoft use to be the richest person in all of the world but now he is being bumped down into second place by Mexican Tycoon Carlos Slim. Within the last year the billionaires wealth grew to at least 50 per cent and that is how he managed to knock...
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One man’s misfortune is another man’s gain. Hyundai’s gain, that is. In February, it sold nearly 250 995 vehicles, that’s 23 % increase from last year. The Korean automaker is taking advantage of Toyota’s troubles and is promising incentive packages to entice US car buyers to switch to its fuel efficient and less expensive...
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The Volcker rule, named after its proponent, Paul Volcker, Chairman of the Federal Reserve, aims to push changes on Wall Street. The plan? To Re-draw a clear line between commercial and investment banking. The administration did not like this idea at first, but after a couple of days, it changed hearts and embraced this...
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Today both Fujitsu and Canon Inc. said that they will be working together on offering services that will have cloud computing based managed services. People can use these for printing plus other kinds of IT equipment. Canon’s print management and other operations will be combined in order to deliver this solutions package to the...
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At India in Defexpo Israel will be showing off and showcasing their Savion handheld radio. The creator of this is MaxTech Networks which is Israel based. MaxTech has been doing things all over the world and they have earned a lot of respect from many people. They have a way of redefining mobile communications...
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The Indian subsidiary will be expanding with Steria that is a European It business that is a leading business service provider. The new services include the solutions with the market that is local and to have IT services delivered without there being any problems. This causes a lot of excitement because of all that...
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Asian markets just got hit really hard as they experienced a 434 point drop with 14,790 points that happened with the opening trade with the Bombay Stock Exchange that was indexed benchmarked Sensex. The Asian market already experienced one downfall recently and this one really crushed them with going over 340 points of what...
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