AT&T Inc. (NYSE:T), which also has a stake in America Movil, has recently been trimming its position. A filing with the U.S. Securities and Exchange Commission this month showed AT&T held about 8.36 percent of America Movil, down from about 9 percent at the end of last year. AT&T Inc. (NYSE:T) stock performance was 0.97%…
As the European Central Bank prepares to take over supervision of about 130 euro-area lenders from BNP Paribas to National Bank of Greece (ADR) (NYSE:NBG) starting in November, regulators have sought to compile the toughest stress tests in a bid to repair credibility damaged by assessments in 2010 and 2011 that didn’t uncover weaknesses at…
It was Apple Inc. (NASDAQ:AAPL) versus Samsung but Google loomed large Tuesday during closing arguments at the monthlong federal trial involving claims of patent infringement exchanged by the world’s two largest smartphone makers. A lawyer for Apple Inc. (NASDAQ:AAPL) accused Samsung of “slavishly” copying key features of its iPhone and iPad products and demanded $2.2…
Qihoo 360 Technology Co Ltd (NYSE:QIHU), China’s leading Internet security provider, will lease more than “tens of thousands” of servers, according to Tan Xiaosheng, vice-president of Qihoo 360 Technology Co Ltd (NYSE:QIHU). Qihoo 360 Technology Co Ltd (NYSE:QIHU) stock performance was 3.43% in last session and finished the day at $87.69. Traded volume was 2.88million…
Oi SA (ADR) (NYSE:OIBR)’s preferred shares fell to a record low after the company was said to raise 8.25 billion reais ($3.71 billion) by selling stock at a price below yesterday’s close. The funding paved the way for a merger with Portugal Telecom SGPS SA. Brazil’s biggest phone carrier priced preferred shares at 2 reais…
Bitcoins remain probably the most exciting and promising form of digital currency in the market today. Back by many, this digital currency was touted as the successor for the current currencies. It was eagerly back by many. It still is. But without a shadow of a doubt, time has started to run out for Bitcoins….
