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Fairfax Moved Towards Large Canadian Investment Funds for Blackberry Ltd (NASDAQ:BBRY)

September 10, 2013 – 10:39 am |

According to a source with direct knowledge of the situation, BlackBerry Ltd (NASDAQ:BBRY)’s largest shareholder has moved towards several large Canadian investment funds concerning a deal to take the smartphone maker private, but the plan is still cloistered. The shareholder, Fairfax Financial Holdings Ltd, has a 10 percent stake, and its chairman and chief executive, Prem Watsa, has already left Read more […]

Facebook Inc (NASDAQ:FB) Shares Surged, Price Target Increased to $50 Per Share: Analysts

September 10, 2013 – 9:34 am |

On Monday, Facebook Inc (NASDAQ:FB) came with almost 20 cents leading to increased price targets by Wall Street analysts. The social media giant’s shares have climbed by 10 cents or 0.2% to end at $44.05 after climbing as high as $44.79 earlier in the session, that’s nearer to the stock’s all-time peak of $45 per share on its first day of trading in May 2012, when the company went public.

The Read more […]

Patents Infringement: Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Nokia Corporation (ADR) (NYSE:NOK), Expedia Inc

September 10, 2013 – 8:57 am |

VTech Holdings Ltd. (HKG:0303), a maker of cordless telephones, said in a statement that it received opposed claims with no merit in a patent-infringement suit. Spherix Inc (NASDAQ:SPEX) of Tysons Corner, Virginia, litigated VTech in federal court in Dallas on Aug. 30, with claims that the company has infringed five patents that were made-up by former employees of Nortel.

Google Inc (NASDAQ:GOOG) Read more […]

Hoffman Gives Outperform Rating To Apple Inc. (NASDAQ:AAPL)’s Stock While Jeffrey Is Neutral

September 10, 2013 – 8:48 am |
Apple Inc

Hoffman has given Outperform rating to Apple Inc (NASDAQ:AAPL) stock with $550 price target. He wrote concerning Sep 10’s  media event at company’s Cupertino headquarters that they would buy weakness as Street estimates come out very conservative in ’14 and assume iPhone share decline another ~300-400bps year over year.

Nomura Equity Research’s Stuart Jeffrey has a Neutral rating on the Read more […]

Stocks to Watch – Google Inc (NASDAQ:GOOG), Facebook Inc (NASDAQ:FB), Molex Incorporated (NASDAQ:MOLX), JPMorgan Chase & Co (NYSE:JPM), Time Warner (NYSE:TWX)

September 10, 2013 – 8:00 am |

On Monday, Google Inc (NASDAQ:GOOG) and Facebook Inc (NASDAQ:FB) declared that they have put forward a modified petition to the Foreign Intelligence Surveillance Court along with other tech firms, asking for consent to publish more information regarding the requests they get from the government. Numerous companies have asked the surveillance court to permit them to disclose more information regarding Read more […]

Apple Inc. (NASDAQ:AAPL)’s Stock Experiences Climbing momentum; With A Surprise Unveil

September 10, 2013 – 6:45 am |
Apple Inc

Recently, Apple Inc. (NASDAQ:AAPL)’s stock has seen climbing momentum, stimulated by hedge fund billionaire Carl Icahn’s exposure last month that he has held a large position in Apple (AAPL) and was forcing it to enlarge its program of share buybacks. He said the stock could climb to as much as $700 per share if Chief Executive Tim Cook is forced for an extended stock buyback.

According to Thomson Read more […]

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