June 19, 2013 6:32 am
US stocks rose for a second day in a row after last weeks decline. Investors are waiting for Bernankes statement on current economy condition which is to take place later today. The Feds Chairman declared last month that government is going to taper the stimulus package only when a stable growth indicators of US economy […]
Read moreJune 17, 2013 1:19 pm
Investors are being careful today as they expect Feds Chairman Ben Bernanke to give more information about an eventual stimulus cutback. The main indexes around the world raised. US stock futures followed, indicating a possible jump in main US benchmarks today. Futures on S&P 500 expiring September increased almost 1% in the morning, 11:00 am […]
Read moreJune 17, 2013 11:32 am
Lowes Companies is expected to buy the majority of assets of Orchard Supply Hardware Stores Corp. for $205 million after the latter filed for Chapter 11 bankruptcy protection according to court documents. The company was part of Sears Holdings Corp. before the spun off. The company reported that it may not be able to make […]
Read moreJune 17, 2013 9:40 am
Even though low-cost tablet market doesnt allow companies to make big profit margins, PC makers are seeing potential in number of sales. A price around $120-$140 looks unrealistic to the quality of a major tech brand but becoming a target for companies like Asus, Acer, HP and Lenovo. Some of them already launched their “under […]
Read moreJune 17, 2013 7:51 am
Analysts shared their opinions on Samsung Electronics admitting that earlier forecasts for the S4 model were too optimistic and dont represent sales. Some of them were misled by the huge marketing share the smartphone maker has, impressing marketing strategy and recent problems of main competitors in the industry. Woori Investment & Securities, one of South Koreas […]
Read moreJune 17, 2013 7:03 am
US stocks fell on Friday pilling on a weekly decline of most benchmark indexes as investors continued speculation about the Feds bond buying program being reduced after its next meeting. Financial sector recorded the biggest loss out of 10 other, letting S&P 500 to decline with 2.1%. The index recorded 1% loss for the week […]
Read moreJune 14, 2013 1:08 pm
Samsung Electronics have introduced the Galaxy S4 zoom, a smartphone with 16 megapixel camera allowing 10x optical zoom feature. With the product company is betting on convergence of smartphones and cameras into one device. The Galaxy S4 zoom includes top range smartphone and a high quality camera which optical zoom extends out of the phone. […]
Read moreJune 14, 2013 11:37 am
The plans of building A350 aircraft model were conceived in 2004. The total cost of the Airbus plane amounts to more than $15 billion of investment. After all those years Airbus A350 made its flight which was expected by high interest. The aircraft is supposed to have improved fuel efficiency and environmental performance. The A350 […]
Read moreJune 14, 2013 8:08 am
Googles purchase of the navigational app Waze, was taken by many as a defensive move against Apple and Facebook. However, that seems not to be the case with the Israeli-based company which according to Google officials has great potential to revolutionize Google maps service and add to it more of real-time feel for almost no […]
Read moreJune 14, 2013 7:04 am
The US stocks raised yesterday on better than expected economic data. The S&P 500 index gained highest percentage since January this year, offsetting a three day decline. There also was some speculation of whether Federal Reserve plans to tolerate record low interest rates. The S&P 500 benchmark index rose by 1.5%, Dow Jones Average Index […]
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