Axed Nokia X phones suffered from lack of identity
By ANICK JESDANUN - AP - Thu Jul 17, 11:03PM CDT
NEW YORK (AP) — The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.
Dow Drops on Geopolitical Day, but Morgan Stanley and Google Report Earnings
Jack Kramer and Nick Martell, The Motley Fool - Motley Fool - Thu Jul 17, 10:00PM CDT
German sausage manufacturers forming a "meat cartel" to jack up prices on your favorite bratwurst is annoying -- but it's not a "geopolitical disaster." The Dow plummeted 161 points Thursday for its worst loss in three months after the Malaysia...
Why The Dow Sank and Google Gained After Hours
Jeremy Bowman, The Motley Fool - Motley Fool - Thu Jul 17, 9:00PM CDT
Stocks tumbled today as concerns about escalating tensions in Ukraine combined with a weak housing report to push major indexes down by about 1%. The Dow Jones Industrial Average lost 161 points, or 0.9%, while the S&P 500 fell 1.2%, and...
Google Inc. Rises on Mixed Q2 Results; Surprising Management Change
Anders Bylund, The Motley Fool - Motley Fool - Thu Jul 17, 7:46PM CDT
Shares of online giant Google rose just more than1% in after-hours trading. Google just released mixed results for the second quarter of 2014, along with a surprising management change. First, the numbers. Google's revenue rose 22% year over...
FedEx charged with assisting illegal pharmacies
By PAUL ELIAS - AP - Thu Jul 17, 7:22PM CDT
SAN FRANCISCO (AP) — Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions.
Is This What Apple, Inc.'s Payments Service Will Be Called?
Evan Niu, CFA, The Motley Fool - Motley Fool - Thu Jul 17, 7:00PM CDT
Slowly but surely, Apple continues to piece together various aspects of a possible payments service. Tim Cook continues to drop hints of Apple's ambitions, further fueling speculation. That includes tidbits such as saying the mobile payments...
Google's 2Q revenue gains eclipse earnings miss
By MICHAEL LIEDTKE - AP - Thu Jul 17, 6:38PM CDT
SAN FRANCISCO (AP) — Google's earnings rose modestly in the second quarter as the Internet company's expensive ambitions devoured most of a surprisingly strong gain in revenue.
Longtime Apple director steps down from board
By MICHAEL LIEDTKE - AP - Thu Jul 17, 6:34PM CDT
SAN FRANCISCO (AP) — One of the most trusted advisers to late Apple CEO Steve Jobs is retiring from the iPhone maker's board of directors.
The Market Likes Google's Results -- Here's Why
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Thu Jul 17, 6:09PM CDT
News that a Malaysia Airlines passenger plane had been shot down over unrestricted Ukrainian airspace spooked investors on Thursday. The S&P 500 fell 1.2%, putting an end to a 62-day streak of less-than-1% up-or-down moves in the benchmark...
Here's Why Google Fiber Could Be Virtually Uncontested in the Fiber Internet Market
Michael Nielsen, The Motley Fool - Motley Fool - Thu Jul 17, 6:00PM CDT
Google Fiber... What an awesome concept. An Internet connection speed that is up to 100 times faster than today's average broadband. Google Fiber is pretty awesome -- but it is by no means the only fiber optic Internet service available. ...
BlackBerry Suffers a Knockout Punch from Apple-IBM - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 5:27PM CDT
Recently announced business deal between Apple Inc. (AAPL) and International Business Machines Corp. (IBM) related to enterprise mobility solutions may spells doom for BlackBerry Ltd.'s (BBRY) much awaited turnaround.
Can Yelp Overcome the Google Threat?
Sharda Sharma, The Motley Fool - Motley Fool - Thu Jul 17, 5:00PM CDT
Online local guide Yelp has appreciated remarkably over the last year, with shares gaining 80%. The company's key metrics have improved rapidly, and its focus on mobile should help it sustain that outstanding performance going forward. However,...
Microsoft CEO pivots sharply with 18,000 job cut
By RYAN NAKASHIMA - AP - Thu Jul 17, 4:58PM CDT
LOS ANGELES (AP) — Microsoft announced the biggest layoffs in its 39-year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.
Business Highlights
The Associated Press - AP - Thu Jul 17, 4:55PM CDT
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SmarTrend Watching for Potential Rebound in Shares of Google After 1.53% Loss
Comtex SmarTrend(R) - Thu Jul 17, 4:07PM CDT
Google (NASDAQ:GOOG) traded in a range yesterday that spanned from a low of $568.61 to a high of $580.99. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $576.56 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Google Set to Possibly Rebound After Yesterday's Selloff of 1.53%
Comtex SmarTrend(R) - Thu Jul 17, 4:06PM CDT
Google (NASDAQ:GOOG) traded in a range yesterday that spanned from a low of $568.61 to a high of $580.99. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $576.56 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BlackRock's Sue Wagner Joins Apple's Board Replacing Bill Campbell
at The Street - Thu Jul 17, 4:06PM CDT
BlackRock's Sue Wagner is replacing Bill Campbell on Apple's board.
BlackBerry's Strong Enterprise Solutions to Drive Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 3:41PM CDT
On Jul 17, 2014, we issued an updated research report on BlackBerry Limited (BBRY).
Why Google (GOOGL) Stock Is Up in After-Hours Trading Today
at The Street - Thu Jul 17, 3:23PM CDT
Google (GOOGL) is up after-hours Thursday after beating analysts' estimates for revenue in the second quarter.
Stock Market Today: Downed Jet in Ukraine, Escalating Conflict Rattle U.S. Markets
at The Street - Thu Jul 17, 3:14PM CDT
News of a downed Malaysia Airlines jet in eastern Ukraine unnerves U.S. markets on Wednesday, sending benchmark indices sliding into the close.