NASDAQ Market News

The iconic, former king of American retail has suffered yet another embarrassment as it struggles to reshape itself and survive.  It was announced yesterday that Sears (NASDAQ:SHLD) would be dropped from the S&P 500 as of Tuesday, September 4th. Some Good Things Never Last In the 1960’s Sears was the place America shopped.  Sears had […]

According to a report published in the Wall Street Journal, Apple Inc. (NASDAQ:AAPL) could face a shortage of screens for its next iPhone.  A source familiar with the latest developments told Wall Street Journal that Japan’s Sharp Corp., which supplies   LCD screens used in iPhones, has not yet started the mass production. There are concerns […]

Chicken producer, Sanderson Farms Inc. (NASDAQ:SAFM) reported better-than-expected fiscal third quarter earnings and revenue as sturdy demand in grocery stores helped company to raise prices of poultry products.

Amid sharp plunge in prices of its main product, butadiene, on account of weak demand from tire manufacturers, chemical company, TPC Group Inc. (NASDAQ:TPCG) has agreed to be acquired by private equity firms First Reserve Corp. and SK Capital Partners in a deal estimated at $627.2 million.

Trimble Navigation Ltd. (NASDAQ:TRMB) revealed on Monday that it is about to acquire TMW Systems Inc, a specialized software maker for transportation and logistics industries, in an all cash deal worth $335 million.

Although Samsung’s Galaxy smartphone appears fairly similar to Apple Inc.’s (NASDAQ:AAPL) iPhone, the former hasn’t copied the iPhone’s design, said a South Korean court on Friday; however the court found Samsung guilty of violating one of Apple’s patents.

Bringing an end to its antitrust investigations on Wednesday, the U.S. Federal Trade Commission has approved Facebook Inc.’s (NASDAQ:FB) acquisition of Instagram. Accordingly, Facebook is now allowed to complete its acquisition of Instagram.

I have explained numerous times since Facebook  (NASDAQ:FB) stock IPO’d at $38 a share in mid May why I think that the shares are on fundamentals worth no more than $7.30. Actually it is pretty hard to put any value on this company as there is just so little visibility of earnings. And for that […]

Apple Inc. (NASDAQ:AAPL), one of the most innovative companies in the world, on Monday became the largest company in terms of market capitalization in U.S. stock market history. The record was previously held by Microsoft Corporation (NASDAQ:MSFT).

Marvell Technology Group Ltd. (NASDAQ:MRVL) stock fell sharply in premarket trading on Friday following the release of the company’s fiscal second-quarter earnings which showed a 52% decline in earnings owing to continued weakness in demand for its bread-and-butter products. MRVL’s earnings have now dropped for six straight quarters.