Market Wrap Daily

Posted by Market Wrap Daily | Posted in Earnings, Technology

Dell (NASDAQ: DELL) misse...

Dell (NASDAQ: DELL) shares dip lower after the computer maker reported earnings that missed expectations by a penny.

Posted by Market Wrap Daily | Posted in Stock News, Technology

Credit Suisse raises Appl...

Apple (NASDAQ: AAPL) shares are trading slightly lower even as Credit Suisse raised its price target on the iPod maker to $600 and reiterated its “outperform” rating.

Posted by Market Wrap Daily | Posted in Recent, Technology

Eastman Kodak to stop mak...

Eastman Kodak, the inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs.

Eastman...

Posted by Market Wrap Daily | Posted in Stock News, Technology

Macquarie initiates cover...

Macquarie initiated coverage on Sirius XM Radio (NASDAQ: SIRI) with an outperform.

Shares of SIRI closed at $2.12 on Thursday.

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Posted by Market Wrap Daily | Posted in Recent, Stock News, Technology

AT&T (NYSE: T) drops bid ...

AT&T announced late Monday it was ending its deal to buy Deutsche Telekom’s T-Mobile US after opposition from the US government.

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Posted by Market Wrap Daily | Posted in Technology

Brocade Communications Sy...

Brocade Communications Systems (Nasdaq: BRCD) reported 4Q earnings late Monday and shares have surged higher by more than 10% in early trading on Tuesday in response.

BRCD had a record Q4 and...

Posted by Market Wrap Daily | Posted in Technology

Netflix (Nasdaq: NFLX) sh...

Netflix (Nasdaq: NFLX) shares were trading lower in early trading Tuesday after
announcing late Monday the pricing of concurrent common equity and convertible notes financings totaling $400 million....