Buy SunPower… and Antacid: Analyst
SAN JOSE, Calif. (TheStreet) — It’s not every day that an upgrade on a stock comes with a secondary recommendation to purchase antacid, but such is the case with Pacific Crest Securities’ upgrade of SunPower(SPWRA Quote) to outperform today.
Even more striking, the upgrade went directly from underperform — itself just issued during the summer — [...]
Google set to map the world — and push out GPS makers as a result?
Google (GOOG) changed the game of many global GPS appliance makers this month by announcing a completely free and quite capable GPS product as part of the Motorola Droid handset announced and now being sold by Verizon Wireless.
In what seems to be the norm for Google, it is once again disrupting an entire market by [...]
Dubai debt problems cast shadow over region
DUBAI, United Arab Emirates (AP) — For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world’s tallest tower and dreams that reached even higher.
Now the bills are coming due, and the emirate’s debt problems are tarnishing a place built on borrowed time and money — and threatening [...]
S&P faces 1,100, searches for catalyst
NEW YORK (Reuters) – U.S. stocks could face difficulty gaining traction this week as the S&P 500 bumps against the 1,100 mark and investors become content to cool their heels rather than risk losing gains made for the year.
With the vast majority of corporate results already reported, market watchers are casting around for the next [...]
Losing to Korea, Japan eyes new tech battlefields
SEOUL/TOKYO (Reuters) – Japan has the technology, but South Korea has the product … and the profits.
In the longstanding rivalry between these two near-neighbor North Asian technology industry heavyweights, the pendulum has swung Korea’s way.
South Korea’s Samsung Electronics (005930.KS: Quote, Profile, Research, Stock Buzz) and LG Electronics (066570.KS: Quote, Profile, Research, Stock Buzz) have wrested [...]