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#PreMarket Primer: Wednesday, June 25: US To Begin Exporting Oil After Almost 40 Years
Wednesday, June 25, 2014 - 7:24am | 1176The US Commerce Department took the first step to do away with a near forty year old ban on selling unrefined US oil abroad when it approved requests from both Pioneer Natural Resources Co. and Enterprise Products Partners LP to begin selling condensate oil to foreigners. Permission has only...
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If Apple's iWatch Arrives Too Late, It Will Fail
Tuesday, April 15, 2014 - 8:57am | 440The clock is ticking for Apple's (NASDAQ: AAPL) long-awaited smart watch. Rumors claim that it could arrive in September 2014, but investors shouldn't forget that Apple was also expected to release a wearable device last September. Unfortunately, it might be too late for Apple to enter the market...
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Barnes & Noble to Stop Making Tablets In-house; Will That Be Enough? (BKS)
Thursday, June 27, 2013 - 10:54am | 560One way or the other Barnes & Noble Inc. (NYSE: BKS) will change. In a major way, it already has with its decision to stop making tablets and farm the work out to electronics partners, according to Bloomberg. Barnes & Noble really had no choice. The company’s Nook Media digital unit has...
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Overall Device Shipments to Increase Almost 6 Percent, According to Gartner
Wednesday, June 26, 2013 - 10:20am | 544We are increasingly becoming a “device oriented” society on a worldwide basis. Moreover, the trend will grow by 5.9 percent in 2013, according to a news release from information technology research and advisory company, Gartner, Monday. Shipments of devices (PCs, tablets, and mobile phones),...
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Comcast Venture Arm Investing in YouTube Startup Fullscreen
Tuesday, June 18, 2013 - 10:35am | 614“Hey, check this out!” These words – as part of a text message or email – often precede a link to a YouTube video, something that is fast becoming the entertainment choice “du jour” for millennials. Comcast Corp. (NASDAQ: CMCSA) through its venture arm, Comcast Ventures, noted the trend and...
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Apple Maintains Strong Lead in Smartphone Sales – Continues Gains With iOS
Wednesday, June 5, 2013 - 10:41am | 596Apple (NASDAQ: AAPL) is still #1. That’s not just Apple fans talking. Research firm, comScore (NASDAQ: SCOR) released its latest data based on surveys of more than 30, 000 mobile subscribers in the U.S. and the surveys said: Of the 138.5 million smartphones out there, 39.2 percent (54.3 million...
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Google and Facebook Going to War Over Mapping App
Friday, May 24, 2013 - 8:43am | 547A bidding war between Google (NASDAQ: GOOG) and Facebook (NASDAQ: FB) may be about to erupt, according to Bloomberg. The object of the conflict is Waze, a smartphone-mapping app with unique social features. Waze provides driving directions with a twist. Users submit information about traffic...
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Insider Monkey Says TechCrunch Got It Wrong - Microsoft Not Buying Nook
Tuesday, May 14, 2013 - 8:47am | 558A highly placed source inside Microsoft (NASDAQ: MSFT) told blog site Insider Monkey late Friday that last week’s rumor that Microsoft was about to make a $1 billion offer to buy NOOK Media LLC from Barnes & Noble (NYSE: BKS) reported by TechCrunch was – alas – only a rumor. Barnes &...
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Upfront Network Television Advertising Rate Hikes Could Be Better
Monday, May 13, 2013 - 11:52am | 705The good news is that U.S. television broadcast networks, namely The Walt Disney Co.'s (NYSE: DIS) ABC, CBS (NYSE: CBS), News Corp.’s (NASDAQ: NWSA) Fox, and Comcast’s (NASDAQ: CMCSA) NBC, can expect advertising rate hikes of about six percent this week during the start of the important “upfront...
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These Companies are Hoping for NHL and NBA Playoff Drama This Year
Wednesday, May 8, 2013 - 9:19am | 646In the expensive, high stakes world of sports advertising, winning is not everything. It’s something – just not everything. Brand exposure is everything. Since most corporations sponsor the event, not specific teams, they don’t really care who wins. They care whether fans are engaged, tuning in...
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Are Banks Doomed Now That Google Has Invested in Peer-to-Peer Lending?
Friday, May 3, 2013 - 11:17am | 585Should banks be nervous? Not yet, but they should be paying attention to the fact that search giant, Google Inc. (NASDAQ: GOOG), along with existing investor, Foundation Capital, just plunked down a $125 million investment in peer-to-peer lending platform, Lending Club. Peer-to-peer lending,...
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Find Free Money for College!
Thursday, May 2, 2013 - 8:48am | 808Far too many people as they plan for college say, “Well I guess I’m going to have to borrow money to pay for school.” It might come to that, but look for free money first. According to The Chronicle of Higher Education, 20 million Americans attended college last year and 12 million of them (60...
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Coming Soon: Segregated Global Google
Friday, April 26, 2013 - 9:23am | 561Are European regulators tougher than their American counterparts? Based on results of two recent antitrust investigations, one might be led to think so. Google(NASDAQ: GOOG) came out of the Federal Trade Commission’s probe in January relatively unscathed. The FTC essentially dismissed...
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How to Get and Stay Cyber-Secure
Wednesday, April 24, 2013 - 3:56pm | 1127Cyber security matters. Just ask The Associated Press. Or Wall Street. By now, everyone knows that somebody hacked AP’s Twitter account and sent out a fake tweet reporting two explosions at the White House and that President Obama had been injured. In the minutes after the tweet went out,...
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Facebook and General Motors – Together Again
Wednesday, April 10, 2013 - 2:54pm | 434It’s been a year since General Motors (NYSE: GM) broke up with Facebook (NASDAQ: FB), advertising-wise. Now the couple is a couple again. General Motors has bought a series of test ads to run on Facebook’s mobile apps and website. The auto manufacturer designed the ads to promote its Chevrolet...