NASDAQ Market News

Progress described as a “significant step forward”. ExxonMobil, BP, ConocoPhillips and TransCanada have begun summer field work as part of their activities associated with a staged pre-FEED (front end engineering design) for the Alaska South Central LNG (SC LNG) project. This summer field work will employ approximately 150 people. Since the joint work began in […]

Decision to move forward with two projects at existing developments enhances offshore portfolio. Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. “Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of […]

Sometimes I think that “Zuckerberg” is a Hebrew word that means “Fooled You”.  Every time Mark comes up with an idea, he walks into a barrage of pessimism and opposition.  He is the classic example of a one-eyed man in a world of the blind.  By the way, that would make you and I – […]

Exploring who will survive the evolution of technology. Today’s competitive market hosts the ebbs and flows of several hundred technology companies’ stock prices. While many companies face disappointment others are smiling at continual growth. In regards to technology, what is the most prominent smartphone? Walking the streets of London, you will certainly see Samsung Androids […]

ARM Holdings (LSE:ARM) reported a 30% increase in pre-tax profit for their fiscal second quarter this morning.  ARM share price opened at 927.00, rose to 950.00 just after 11:00 am and held ground above the 940.00 mark just prior to the penning of this story.  Its double-digit growth was quite a contrast to some competitor […]

Imagine that you are a senior pharmaceutical executive.  The first thing you want to do is make certain, when you wake up in the morning, that you do not work for GlaxoSmithKline (LSE:GSK).  The second thing you want to do is look out the window and make sure that you are not in China, or […]

For the second day in a row two major U.S. tech stocks have taken a beating in one form or another.  Yesterday it was IBM (NYSE:IBM) and Intel (NASDAQ:INTC).  Today it is Google (NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) who find their share prices in trouble. How the markets will be impacted today remains to be seen […]

Its going to be an interesting end-of-the-week for tech stocks now that both IBM (NYSE:IBM) and Intel (NASDAQ:INTC) have released their quarterly earnings reports.  Neither one was very exciting for shareholders, as both reported double-digit declines in earnings. IBM IBM, which for the trivia minded, was born and raised in my hometown, reported a drop […]

Company maintains that they are “encouraged” by the results. Multinational internet corporation Yahoo have seen advertising revenue fall by 13% in the second quarter of 2013.The company, which in June purchased blogging site Tumblr for $1.1bn, also saw search revenue fall by 9% but company profits rose to $331m – a 46% increase on Q2 […]

Anti-trust lawsuit rocks Apple Earlier this month Apple landed in boiling water with the United States government after being found guilty in their recent anti-trust lawsuit. In their pursuit to happiness, Apple desired to launch a competitive electronic book market with their iPad release in 2010 but in order to do so, they manipulated the […]