Apple shares registered a rise on Wall Street on Thursday (24), after the newspaper Financial Times report, through the blog, the company will release its tablet (laptop) next month.
The shares rose 3.44% to U.S. $ 209.06, at 13h in New York, surpassing the previous record of U.S. $ 208.71.
The move came after the “Financial Times”, [...]

As per analysts at Wall Street, the highly anticipated tablet computer from Apple Inc. could be launched to the commercial markets by as early as March 2010. After the launch of the tablet device, Apple is targeting a sales figure of one million tablets a month and would try its level best to ensure that, [...]

One of the biggest names in the gaming industry, Activision Blizzard Inc. has announced its their quarter financial results for the year 2009 and despite the slump in the gaming industry, the gaming behemoth has infact scored a significant profit. This increase in the sales and revenue of Activision has largely been attributed to the [...]

Goldman Sachs has reported the earnings of the third quarter, and has surpassed the analysts’ expectations. It has indeed survived the rough times of the financial crisis with billions of dollars pouring in from the federal government.
The earnings of $ 3.19 is said to be due to the mergers and acquisition fees and also better [...]

Some public images that have taken a huge beating in the financial crisis are that of bankers and traders. Wall Street is all set to go for a grand image makeover and resurrect the image in the eyes of the people. According to Bloomberg it has roped in former aides of former Treasury Secretary Henry [...]

For being ‘extraordinarily evil,’ billion fraudster Bernard Madoff gets the maximum prison sentence of 150 years. His crime, one of the most talked about in recent history, is ‘masterminding a massive fraud that robbed investors of $50 billion.’
The 71 year old man had earlier asked for 12 years in prison for his crimes. Madoff has [...]

Oliver Stone and Michael Douglas have agreed to do the sequel of the film ‘Wall Street’ (1987). Fox Studios is also negotiating with actor Shia LaBeouf for a role in the film. Allan Loeb wrote the screenplay. Ed Pressman, producer of the original film, will likewise finance the sequel. Filming is expected to start this [...]

The two former US automaker giants General Motors and Chrysler are facing a choice between submitting a viable plan of action or filing for controlled bankruptcy. A declaration of bankruptcy is the fastest method for restructuring, according to US President Barack Obama, as much as it is a ‘legal tool to end the debate.’ General [...]

Justifying his plans is Obama’s toughest ordeal at the moment. He and his team might just be passing through the eye of the needle after Treasury Secretary Timothy Geithner’s faux pas in not being able to avert the multimillion bonuses given to AIG executives. In reality, Obama’s litmus test is convincing people of his preparedness [...]

There has been a fall of more than 1 percent on Friday at the BSE Sensex giving investors a reason to worry. The overnight drop at the Wall Street and rhe regional markets has just added to this downtrend.
The major Indian industries such as the Reliance Industries and ICICI Bank, State Bank of India [...]