US stock futures advance on Fed’s policy meeting

June 17, 2013
US stock futures advance on Fed’s policy meeting

Investors are being careful today as they expect Fed’s Chairman Ben Bernanke to give more information about an eventual stimulus cutback. The main indexes around the world raised. US stock futures followed, indicating a possible jump in main US benchmarks today. Futures on S&P 500 expiring September increased almost 1% […]

Read more ›

Lowe’s overtakes Orchard Supply due to bankruptcy

June 17, 2013
Lowe’s overtakes Orchard Supply due to bankruptcy

Lowe’s Companies is expected to buy the majority of assets of Orchard Supply Hardware Stores Corp. for $205 million after the latter filed for Chapter 11 bankruptcy protection according to court documents. The company was part of Sears Holdings Corp. before the spun off. The company reported that it may […]

Read more ›

PC-makers turn to low-cost tablet market

June 17, 2013
PC-makers turn to low-cost tablet market

Even though low-cost tablet market doesn’t allow companies to make big profit margins, PC makers are seeing potential in number of sales. A price around $120-$140 looks unrealistic to the quality of a major tech brand but becoming a target for companies like Asus, Acer, HP and Lenovo. Some of […]

Read more ›

Samsung S4 forecast too good to be true

June 17, 2013
Samsung S4 forecast too good to be true

Analysts shared their opinions on Samsung Electronics admitting that earlier forecasts for the S4 model were too optimistic and don’t represent sales. Some of them were misled by the huge marketing share the smartphone maker has, impressing marketing strategy and recent problems of main competitors in the industry. Woori Investment & […]

Read more ›

US stocks recorded a weekly drop

June 17, 2013
US stocks recorded a weekly drop

US stocks fell on Friday pilling on a weekly decline of most benchmark indexes as investors continued speculation about the Fed’s bond buying program being reduced after its next meeting. Financial sector recorded the biggest loss out of 10 other, letting S&P 500 to decline with 2.1%. The index recorded […]

Read more ›

Samsung presents a camera-phone hybrid innovation

June 14, 2013
Samsung presents a camera-phone hybrid innovation

Samsung Electronics have introduced the Galaxy S4 zoom, a smartphone with 16 megapixel camera allowing 10x optical zoom feature. With the product company is betting on convergence of smartphones and cameras into one device. The Galaxy S4 zoom includes top range smartphone and a high quality camera which optical zoom […]

Read more ›

Airbus first flight of A350 aircraft turns impressive

June 14, 2013
Airbus first flight of A350 aircraft turns impressive

The plans of building A350 aircraft model were conceived in 2004. The total cost of the Airbus plane amounts to more than $15 billion of investment. After all those years Airbus A350 made its flight which was expected by high interest. The aircraft is supposed to have improved fuel efficiency […]

Read more ›

Waze adding value to Google maps

June 14, 2013
Waze adding value to Google maps

Google’s purchase of the navigational app Waze, was taken by many  as a defensive move against Apple and Facebook. However, that seems not to be the case with the Israeli-based company which according to Google officials has great potential to revolutionize Google maps service and add to it more of […]

Read more ›

US stocks surge after positive data

June 14, 2013
US stocks surge after positive data

The US stocks raised yesterday on better than expected economic data. The S&P 500 index gained highest percentage since January this year, offsetting a three day decline. There also was some speculation of whether Federal Reserve plans to tolerate record low interest rates. The S&P 500 benchmark index rose by […]

Read more ›

Companies worth following today

June 13, 2013
Companies worth following today

US stock benchmark indexes are slightly declining as of 14:40 London time. Standard & Poor’s 500 index is offsetting opening raise with a dip of 0.28%. Dow Jones Industrial and Nasdaq Composite are behaving in a similar way. The sharp fluctuation above and under the zero line was triggered by […]

Read more ›