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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Apple's iPhone Losing Market Share, But iPad Making Huge Inroads In Schools
Friday, July 26, 2013 - 8:47am | 551For those looking for proof that Apple (NASDAQ: AAPL) needs a low-cost iPhone, look no further than data released by Strategy Analytics but it’s iPad is quietly gaining significant market share in the education market. Samsung (OTC: SSNLF)’s handset division booked estimated profits of $5.2...
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Barnes & Noble's Nook Won't Meet Expectations
Friday, December 28, 2012 - 11:29am | 554Nook, the digital book and e-reader business that has helped keep Barnes & Noble (NYSE: BKS) afloat, did not meet sales expectations this holiday season. In an SEC filing, Barnes & Noble said that based on "preliminary sales results," the company expects its holiday sales to fall below...
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Pearson Partners with Startup Weekend, Aims to Encourage Entrepreneurship and Innovation
Wednesday, January 25, 2012 - 2:31pm | 365The world's largest learning company is joining forces with Startup Weekend for a one-year global partnership. In short, Startup Weekend is described as a 54-hour event where developers, designers, marketers, product managers and startup enthusiasts “come together to share ideas, form teams, build...
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Five Book Publishing Stocks: Not Dead Yet
Sunday, May 29, 2011 - 3:37pm | 711Online retailer Amazon.com (NASDAQ: AMZN) said earlier this month it now sells more digital e-books than paper books. And the consensus at this past week's BookExpo America was that the book publishing industry is losing money overall, even while sales of e-books and e-readers are on the rise....