Computer Hardware

The International Trade Commission has agreed to investigate Apple’s (NASDAQ: AAPL) complaints against Eastman Kodak (NYSE: EK). Apple (AAPL) has accused Eastman Kodak (EK) of infringing upon its patents. The company had filed this complaint in April of this year. The complaint lists two patents,...

Analysts Mark Moskowitz and Anthony Luscri at JP Morgan have released an update on International Business Machines Corp. (NYSE: IBM). On Wednesday, the company hosted its analyst meeting. According to analysts, the key take away from the meeting was the introduction of a new 2015 roadmap to EPS of...

A new entrant in the NASDAQ Global market, TeleNav Inc (NASDAQ: TNAV) posted a big jump of more than 20% in its shares to $9.69. TNAV, a provider of mobile navigation services, had offered 7 billion shares, at $8 per share, far less than its initial range of $11-$13. The high-tech firms stand...

Analysts at Oppenheimer & Co upgrade Teradata (NYSE: TDC) from “perform” to "outperform." The target price for TDC is set to $38. After Teradata posted strong Q1, the analysts are confident that the demand for TDC's products continues to be robust. “Despite a strengthening dollar, we believe...

The possibility of a recovery in fuel demand has increased and natural gas futures climbed to an eight- week high in New York. The move was triggered by a government report that showed that fuel stockpiles grew less than forecast, signaling that fuel demand is recovering from the worst financial...

International Business Machines Corp (NYSE: IBM) expects its earnings per share (EPS) to increase from $10.01 in 2009 to at least $20 by 2015. The company has earlier projected EPS of $11.20 for 2010. IBM says that the growth will come from its investment in technology services and software, which...

US stocks turned their early losses into gains today as investors reviewed their opinion on the technology sector. Top gainer of the industry came in the form of the data storage company, Teradata Corp (NYSE: TDC), whose shares soared 8.57% after Oppenheimer & Company upgraded it. By 10:27 am,...

Morgan Stanley (NYSE: MS) was upgraded by FBR Capital Markets from “market perform” to “outperform.” MS’ shares closed at $27.80 yesterday. The company’s quarterly earnings growth stands at 346.51% y/y. Oppenheimer upgraded Teradata Corporation (NYSE: TDC) from “perform” to “outperform.” TDC’s...

Stocks closed sharply higher Wednesday, erasing last week’s steep losses, as Spain announced sweeping measures to curtail spending and debt-strapped European countries’ problems showed signs of easing.  A slew of positive economic data and IBM’s increased profit outlook added to bullish sentiments...

Charlie Smith, chief investment officer at Ford Pitt Capital Group, is of the view that the market crisis is not over yet. In an interview with CNBC, he said, “The trend in European prices is going to be something to monitor closely, but what concerns me is the way the banks there are not supported...

Sprint Nextel (NYSE: S) has reported that it has a long waiting list of customers interested in buying its new phone EVO. The phone will feature a high-speed wireless connection and is made by HTC Corp. Dan Schulman, head of Sprint’s (S) prepaid business, said that the company will announce pricing...

China Unicom Ltd. (NYSE: CHU) has announced it is going to raise its subsidy for iPhone (NASDAQ: AAPL) and other smartphones. Unicom Executive Director Lu Yimin said that the company plans to spend $439 million to $732 million on subsidies this year. The Wall Street Journal has reported that this...

Just a one week after the deadline for the homebuyer tax credit expired, mortgage applications fell 9.5% even as mortgage interest rates dropped 9.5%, according to Dana Olick, a real estate reporter on CNBC. She quoted a report from Trulia.com that indicated that as of May 1, 10% of the listings in...

Shares of Dell Computer (NASDAQ: DELL) are trading higher on the session by 1.03% to $15.64. The stock is attracting a huge bull trade this afternoon as well. The January 2011 $12.50/20.00 bull risk reversal was bought 30,000 times a short while ago for a credit of $0.26. (The trade was done in...

HTC Corporation today took legal action against Apple (Nasdaq: AAPL), filing a complaint with the United States International Trade Commission to halt the importation and sale of the iPhone, iPad and iPod in the United States. "As the innovator of the original Windows Mobile PocketPC Phone Edition...