stock News, page 2

Back to business: RIM will lose consumer market, analyst says

“We no longer anticipate Research in Motion recovering to participate in the mainstream of smartphone industry growth.” Those are the words of Matthew Robison, an analyst with Wunderlich Securities, which recently downgraded RIM’s >>

Twitter acquires TweetDeck for $40 million

Earlier this month we heard reports from TechCrunch that TweetDeck had been acquired by Twitter for $50 million. CNN now says that Twitter has finalized its purchase of TweetDeck in a $40 million cash >>

Samsung divests its hard-drive unit, sells to Seagate

Reuters is reporting that Samsung Electronics has agreed to sell its hard drive business to Seagate Technology for $1.4 billion in cash and stock. The move is seen as two pronged: first, it >>

RBC: 'iPads outselling hotcakes,' iPhone 5 due in September

RBC Capital Markets Managing Director Mike Abramsky on Tuesday reiterated the firm’s position that sales of popular Apple products like the iPad 2 likely helped Apple record an impressive fiscal second quarter. In >>

Analysts downgrade Apple stock, cite Foxconn deceleration

Despite ballooning revenues and a record of kick-ass quarterly reports, Apple’s stock has been downgraded from “market outperform” to “market perform” by JMP Securities. The firm said that it made the choice based >>

MacBook Air benchmarks: stock vs. built-to-order

Ever since Apple announced the new MacBook Air — and we found out there was a built-to-order option which upped not only the RAM but CPU — we figured it would be worth >>

Apple's stock tops $300, U.S. market share at 10%

It certainly was a good day for Cupertino-based electronics company, Apple Inc. The company’s stock hit an all-time high of $301.96 per share — before closing at a more modest $300.14 per share >>