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Google set to map the world - and push out GPS makers as a result?

Google (GOOG) changed the game of many global GPS appliance makers this month by announcing a completely free and quite capable GPS product as part of the Motorola Droid handset announced and now being sold by Verizon Wireless.

Continue reading Google set to map the world - and push out GPS makers as a result?

Third quarter earnings preview for Tiffany

tiffany TIF third quarter earnings previewBefore tomorrow's open, jewelry retailer Tiffany & Co. (TIF) will be reporting its third quarter results. Analysts are expecting to see the company show earnings of 23 cents per share.

For the same period last year the company had earnings of 35 cents.

Continue reading Third quarter earnings preview for Tiffany

Telegent: Free-to-air broadcast TV mobile operator files for an IPO

It's a megatrend: the convergence of mobile devices and broadcast television. Keep in mind that worldwide sales of mobile phones hit 1.3 billion last year. Moreover, the growth should continue, especially in emerging markets in Asia, the Middle East, South America and even Africa. Thus, by delivering TV on mobile devices, the media industry can greatly expand its market.

But, there is a need for some critical technologies. And one of the leaders in the arena is Telegent Systems, which has filed to go public this week.

Continue reading Telegent: Free-to-air broadcast TV mobile operator files for an IPO

Google's plan for netbook PCs moves higher into the clouds

Google, Inc. (GOOG) may not be scaring Microsoft Corporation (MSFT) to the bone just yet, and many pundits continue to believe that PCs -- the way they've always been -- will largely remain in Microsoft's grasp.

But how wrong that perspective is.

Continue reading Google's plan for netbook PCs moves higher into the clouds

Apple's iPhone set for South Korean launch

Apple (AAPL) continues to bring the iPhone to countries outside the U.S. Although its launch in China didn't generate as much fanfare as the company had hoped, things take time to roll into a big ball of success. Apple won't be slowing down international introductions of the handset that changed the wireless game, that's for sure.

As such, South Korea's own LG Electronics and Samsung Electronics are about to see their homeland assaulted by the official introduction of the iPhone for sale into that country. South Korea's KT Corp. and SK Telecom are the reported carriers for Apple's iPhone there, and although the South Korean market may seem like a small potato of opportunity for Apple, the company has been cleared by the Korean Communications Commission to start selling its popular handset.

Continue reading Apple's iPhone set for South Korean launch

Dell sells off hard after hours, following weak third quarter earnings

dell third quarter earnings reportAfter-hours traders punished Dell (DELL) stock Thursday, following a weak third quarter earnings report from the technology giant.

Going into the afternoon earnings release, analysts had been expecting to see the company show earnings of 28 cents per share. Actual earnings came in much lower at 23 cents per share.

Continue reading Dell sells off hard after hours, following weak third quarter earnings

Nokia (NOK) lifted by US release of N900

NOK logoNokia (NOK - option chain) shares are rising today after the company announced that its Nokia N900 is now on sale in the United States. The phone retails for $649. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on NOK.

NOK opened this morning at $13.95. So far today the stock has hit a low of $13.85 and a high of $14.04. As of 11:45, NOK is trading at $13.95 up 27 cents(2.0%). The chart for NOK looks neutral and S&P gives NOK a neutral 3 STARS (out of 5) hold ranking.

Continue reading Nokia (NOK) lifted by US release of N900

Look for U.S. to play catch-up regarding nuclear power in the decade ahead

From the this-is-long-overdue department, legislation introduced in the U.S. Senate would allocate as much as $20 billion in federal funds over 10 years to develop energy technology and double the nation's nuclear power output, Bloomberg News reported.

Legislation co-sponsored by U.S. Sen. Lamar Alexander, R-Tennessee, and U.S. Senator Jim Webb, D-Virginia, would offer $100 billion in loan guarantees for nuclear plants, which would amount to a $10 billion federal government liability. The bill would also fund research in solar energy, carbon capture, and other energy technologies.

Continue reading Look for U.S. to play catch-up regarding nuclear power in the decade ahead

BT and Google battle over the spoken word

BT Group, which virtually owns the UK telecommunications market, isn't waiting for Google (GOOG) to launch a full attack. The company probably expects to be under assault from the search engine (and advertising and e-mail) giant, so it's taking early action. Google Voice is still being tested, but words like "free" and "powerful" and "internet-based" are bound to inspire fear in even the most established of companies.

To protect itself from the eventual attack from Mountain View, BT picked up Ribbit Mobile, and testing is in progress. Ribbit's technology has some overlap with Google Voice and even beats it with a few capabilities, according to Bloomberg. Ribbit just launched its beta product this month. It allows either the user's current phone number or a new one from Ribbit -- which is no different from Google's alternative. The product suite is generally the same, with phone- and web-based voicemail retrieval and automatic transcriptions that can be sent by text message or e-mail. For an extra fee, BT's Ribbit does provide human transcription, though it is free during testing. And, calls can be taken directly from a computer, using a microphone and speakers.

Continue reading BT and Google battle over the spoken word

Target's Black Friday prices are leaked

Black Friday, as the day after Thanksgiving has come to be known, is the day when most retailers get themselves back into the black. It is also a bargain-hunter's delight. In the age of Internet, several websites emerged dedicated to helping shoppers decide in front of which store to pitch their tents. One of those sites, GottADeal.com, has reportedly landed Target's (TGT) Black Friday ad. Target, it appears, is taking a rather aggressive approach to the upcoming Holiday shopping season.

According to the website, the retailer will offer a 32-inch Westinghouse LCD HDTV for $246, which GottADeal.com's founder Brad Olson calls the "lowest price that we've ever seen for that model." The ad also touts $3 toasters and coffeemakers, and 50% discount on kids' clothes and toys.

Continue reading Target's Black Friday prices are leaked

Tesla Roadster sets a record -- travels 313 miles on a single charge

Here's a stunning accomplishment. The Tesla Roadster set a record by traveling 313 miles on one electric charge. The new record was set at the 2009 Global Green Challenge in Australia.

The competition was over an 1,800 mile course. The Tesla Roadster reportedly had three miles worth of charge to spare. This was well above the average 244 miles per charge it mentions in its specs.

The winning driver was Simon Hackett, managing director of Australian national broadcasting company. He owns the only Tesla Roadster in Australia and now holds the world's record, having beaten the previous record of 241 miles set in April at Rallye Monte Carlo of Energies Alternatives.

Continue reading Tesla Roadster sets a record -- travels 313 miles on a single charge

Why do we have a weak dollar?

The stock market is rallying. Commodities are on a tear. Yet the dollar is falling. Why?

There are several reasons for the drop in the dollar, but the most obvious and simple answer is that investors around the world are selling dollars and using the money to buy stocks and commodities, particularly oil and gold.

Last week India announced that it had bought 200 tons of gold from the International Monetary Fund (IMF.) At an average of say $1000.00 per ounce, the transaction amounted to about $7 trillion dollars. Chances are that India sold dollars from their sovereign fund to buy the gold.

Continue reading Why do we have a weak dollar?

Is the recession still alive?

Monday, the Dow Jones Industrial Average set a new 2009 high, trading above 10,225. GDP growth came in at 3.5% for the third quarter.

However, what we are experiencing is a disconnect between Wall Street and Main Street. Last Friday, the Labor Department reported that unemployment is now above 10%. Consumer spending for September fell .5%, the biggest drop since December 2008.

Continue reading Is the recession still alive?

Apple's iPhone sees lukewarm reception in China debut

Apple Inc.'s (NASDAQ: AAPL) iPhone has been selling like gangbusters in the U.S. since its debut in June 2007, but that kind of fever -- and the fever U.S. consumers felt at every iPhone launch in the U.S. -- seemed tepid by comparison when China Unicom unleashed the iPhone for sale last week.

Continue reading Apple's iPhone sees lukewarm reception in China debut

Wet harvest causes grain prices to rise 7.7%. Should we buy our Wheaties now?

We've had wet weather in the Midwest during the harvest season, resulting in higher grain prices.

The U.S. Department of Agriculture (USDA) issued a report on wholesale crop prices paid to farmers. Let's look at some prices:

  • Corn rose 29 cents per bushel to $3.54
  • Wheat jumped 8 cents per bushel to $4.56
  • Soybeans dropped 1 cent per bushel to $9.74
  • Wholesale milk prices jumped 7.1% in October to $1.19 per gallon. Milk prices, however are down 22% from last year.

Continue reading Wet harvest causes grain prices to rise 7.7%. Should we buy our Wheaties now?

Next Page »

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 25, 2009: 09:38 PM

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