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Mar 22, 2012

Stocks and Markets in the News | Tech Daily: MarketWatch - The Wall Street Journal


MarketWatch

Tech Daily
MARCH 22, 2012



Tech Stocks: Intuit among decliners in weak tech session
3/22/2012 4:17 PM ET
Tax-preparation-software company gives an update on the performance of its tax-season business; Western Digital gains following analyst's upgrade
Tech Stocks: Tech stocks close with small gains; H-P retreats
3/21/2012 4:56 PM ET
Technology stocks put in a generally upbeat market session, with a big reorganization at Hewlett-Packard Co. holding the sector's spotlight throughout the day.
Micron swings to loss as sales slip
3/22/2012 5:07 PM ET
Shares of Micron fall after-hours after chip company reported a loss on weaker sales for the second fiscal quarter.
Movers & Shakers: Thursday's biggest gaining & declining stocks
3/22/2012 4:58 PM ET
MarketWatch's daily rundown of shares making sizeable moves in the U.S. stock market.
After Hours: Nike shares up, Micron lower after hours
3/22/2012 4:52 PM ET
The world's largest athletic shoe maker's quarterly earnings and sales come in above Wall Street's estimates, while the chip maker swings to a bigger-than-anticipated quarterly loss.
Rex On Techs: Will Zynga say ‘OMG!' with ‘Draw Something'?
3/22/2012 2:39 PM ET
Deal for OMGPOP demonstrates how quickly the social-media firm needs to keep churning out popular games, writes Rex Crum.
MarketWatch Adviser Weekly: Tax changes loom; time to harvest gains?
3/22/2012 1:14 PM ET
Robert Powell writes in his Your Portfolio column about some tax changes on the horizon and why they are important, even urgent, for some investors. The so-called Bush tax cuts are scheduled to expire at the end of this year. And that has investment and tax professionals talking in general about the need to start harvesting gains — now.
Personal Finance Daily: Apple investors: Beware tax changes
3/22/2012 1:13 PM ET
Robert Powell asks in his Your Portfolio column, which is better: capital gains and dividend income, or just capital gains? Next year, some changes to the tax law could make that question urgent for many investors.
Gamestop steps up bet on digital, mobile
3/22/2012 12:43 PM ET
Videogame retailer feels pinch of slowing disk sales and expands digital services and iDevice trade-in business.
Israel Stocks: Israel's Caesarstone relies on silica, not silicon
3/22/2012 12:02 PM ET
From Israel, which makes much of its living from silicon, comes an initial public offering of a company that makes its living from silica — quartz. Caesarstone, producer of engineered quartz slabs for countertops, stairs and other products, late Wednesday priced its IPO on Wall Street at $11 a share. That's below the range it estimated in its prospectus of $14 to $16 a share.
Indications: U.S. stock futures remain down after claims
3/22/2012 9:07 AM ET
Stock-index futures track moves lower for overseas equities and falling commodity prices, after China factory data reveal a sharp slowdown in activity. Another positive report on the U.S. labor market fails to cheer investors
Asia Markets: Asia markets hit by China data
3/22/2012 5:23 AM ET
Many major Asia markets came under pressure after data show Chinese manufacturing activity likely slowed sharply this month, though some markets managed to recover by the close.
John Shinal's Tech Investor: You and your Apple dividend
3/22/2012 1:23 AM ET
The decision to resume dividend payments means a vast payout to a wide variety of investors, mutual funds and asset managers, writes commentator John Shinal.
Therese Poletti's Tech Tales: Tech firms clamor for space in bubbly S.F. market
3/22/2012 12:01 AM ET
Growing tech companies, both large and small, are fueling one of the hottest commercial real estate markets since 2005 but it's starting to feel like 1999.
Bill Mann's Canada: Canadians still like to go out when they shop
3/22/2012 12:01 AM ET
Are Canadians really "wary" of online shopping, as some recent media reports are suggesting? Or could it just be that here, anyway, bricks-and-mortar shopping is still a pleasant experience?
Money Talks: 5 money moves a prudent speculator is making now
3/22/2012 12:01 AM ET
The popularity of Apple Inc. is propelling growth-stock portfolios and grating on bargain-seeking investors who can't take a bite of the stock. But that doesn't rile John Buckingham, editor of the Prudent Speculator investment newsletter, who is focused on five attractive areas of the market.
Oracle, SAP getting rattled by the ‘Cloud'
3/22/2012 12:01 AM ET
About a decade after it emerged as a new way for companies to access business applications, software-as-a-service firms, led by Salesforce.com, become bigger threat to industry giants Oracle and SAP.
Outside the Box: Microsoft's tablet strategy could challenge Apple
3/22/2012 12:01 AM ET
Windows 8 is a radically redesigned operating system that is intended to be dual-purpose, working equally well on portable touchscreen devices and on workhorse desktop PCS that use a keyboard and mouse.
H-P chair: Next CEO to come from within
3/21/2012 9:20 PM ET
H-P Chairman Ray Lane says board working on succession plan so next CEO is chosen from within. Shareholders approve board's 11 nominees.
Solar's cruel twist for California power firms
3/21/2012 6:36 PM ET
Solar power prices are coming down just as utilities need to boost renewable energy resources, but roadblocks remain for sun power.
The Ratings Game: LinkedIn gets big lift after Goldman upgrade
3/21/2012 5:12 PM ET
Analyst sees mobile business as key to future growth for online professional networking company
Stocks to Watch: Stocks to watch Thursday: ConAgra, FedEx
3/21/2012 4:46 PM ET
Among the stocks that could see active trade in Thursday's session are Con Agra, Dollar General and FedEx.
Zynga buys maker of ‘Draw Something' game
3/21/2012 4:30 PM ET
Social game maker picks up New York-based OMGPOP for an undisclosed sum following hit reception for "Draw Something."
Movers & Shakers: Wednesday's biggest gaining and declining stocks
3/21/2012 4:27 PM ET
MarketWatch's daily rundown of shares making sizable moves in the U.S. stock market.
Market Extra: Gasoline inflation's retail impact uneven
3/21/2012 3:38 PM ET
While gasoline inflation is expected to broadly hurt consumer spending, its impact may be uneven for retailers from Wal-Mart Stores Inc. to Home Depot Inc.
London Markets: U.K. FTSE 100 ends flat after budget
3/21/2012 2:05 PM ET
U.K. stocks post flat finish Wednesday, with Vodafone and Sainsbury on the rise, while Treasury chief George Osborne unveils a cut in the top personal tax rate to 45%.
Canadian Markets: Canadian stocks fall as China concerns linger
3/21/2012 1:50 PM ET
Canadian stocks extend losses on Wednesday, weighed down by lingering concerns over China's growth and commodity appetite.
Europe Markets: Banks push Europe stocks lower for third day
3/21/2012 1:30 PM ET
Most European stock decline on Wednesday, with banks under pressure as U.S. Federal Reserve Chairman Ben Bernanke says European banking system must be strengthened.
MarketWatch First Take: H-P's latest move draws skepticism
3/21/2012 1:03 PM ET
Tech giant sees shares fall on Meg Whitman's plan to combine the PC and printer businesses. It's a move that's been tried before.
H-P shakes up business ahead of meeting
3/21/2012 12:46 PM ET
Just hours before its annual shareholders' meeting, Hewlett-Packard announced a major shake-up that combined the company's PC and printer businesses. Long-time company vet VJ Joshi to retire.
Indications: U.S. stock futures steady ahead of home sales
3/21/2012 9:24 AM ET
U.S. stock-market futures are flat Wednesday as Europe stocks wobble and commodity prices attempt a rebound ahead of a report that could show a rise in U.S. home sales.
Asia Markets: Most Asian markets drop on China worries
3/21/2012 5:29 AM ET
Most Asian markets fall as lingering worries about China's economic growth pressure commodity and exporter stocks, with Japanese shares declining for the first time in six trading days.
Jon Friedman's Media Web: Goldman Sachs traitor enrages Bloomberg
3/21/2012 12:01 AM ET
The company might have had an agenda all its own, writes media columnist Jon Friedman.
After Hours: Oracle shares climb in evening trade
3/20/2012 6:19 PM ET
Stocks climb in the evening after the corporate-software giant reports better-than-expected earnings for its third quarter. Krispy Kreme Doughnuts and FSI International also sees their stocks climb, but Jabil Circuit shares fall after quarterly results.
Oracle shares climb as profit rises 18%
3/20/2012 6:02 PM ET
Oracle shares climb as the company reports an 18% jump in profit.
MarketWatch First Take: Oracle appeases investors for now
3/20/2012 5:57 PM ET
After a disappointing fiscal second quarter, Oracle appeared to get back on track with better growth in software licenses, but the decline in hardware revenue remains a concern for some investors.

Financial and Forex Info News | The Australian Capital Circle: Tanner attacks politics of spending




Tanner attacks politics of spending
Lindsay Tanner has attacked politicians for ignoring the national interest and handing out infrastructure funding for political, not economic gain.

First off: The former Finance minister has criticised the Howard, Rudd and Gillard governments, telling an Infrastructure Australia forum in Melbourne that government spending was inevitably compromised by having to dole out projects around the states on the basis of political expediency.
The comments came after Julia Gillard announced $275 million to secure $1 billion in new investment by GM Holden (Oz) (Advertiser).
The PM is in Gosford this morning and will visit the Central Coast Cancer Centre. She'll be in Sydney later today to attend Margaret Whitlam's funeral. She has a low-key day planned after yesterday's media blitz after the Holden announcement.
Tony Abbott started his day Melbourne, beginning a week in Victoria as he prepares for the annual pollie pedal. He'll visit a small business in Torquay this morning. On his regular appearance on Channel Nine's Today show, the Opposition Leader framed the Queensland election as a referendum on Ms Gillard as well as Anna Bligh. "“Today is … 100 days until the carbon tax (comes) in. I think the public are reminded today of the wrecking ball that’s going to smash through the economy because of federal Labor and I think state Labor is going to suffer guilt by association tomorrow,'' he said.
Mr Abbott also weighed in on Labor's superannuation boost, which has angered business ( report), describing it as a "$20 billion impost on small business,'' and adding: "It's very obvious who is going to pay for the superannuation increases. It’s not the mining tax, its not the federal government, the superannuation increases are going to be paid by business, in particular by small business."
Mr Abbott is also facing demands from Liberal&nb
Read more...
Mumble
Peter Brent
Peter Brent
Two days to go
Some day this Queensland election campaign is going to end.* In two days time in fact. You might complain about it now, but…
More Peter Brent

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NYT Global Update: U.S. Is Inching Toward Elusive Goal of Energy Independence

Global Update



TOP NEWS
The Energy Rush

U.S. Is Inching Toward Elusive Goal of Energy Independence

By CLIFFORD KRAUSS and ERIC LIPTON
Declining consumption of oil and increased energy production have brought the United States closer to a goal that has tantalized many American presidents.

Suspect in French Killings Slain as Police Raid Home

By SCOTT SAYARE, STEVEN ERLANGER and RICHARD BERRY
Mohammed Merah, a Frenchman who claimed to have killed seven people, was shot dead on Thursday as officers raided the home where he had been holed up for more than 30 hours.

U.S. Intelligence Report Warns of Global Water Tensions

By STEVEN LEE MYERS
A report released on Thursday indicated that problems with water could destabilize countries in North Africa, the Middle East and South Asia over the next decade.
Multimedia

Video: TimesCast

Soldiers declare a coup in Mali, and more.
Opinion

Op-Ed Columnist

The False Iran Debate

By ROGER COHEN
After 30 years of dangerous non-negotiations, each side must make real concessions.
WORLD

Toulouse Victims Buried in Israel

By ISABEL KERSHNER
The bodies of Rabbi Jonathan Sandler, 30, a religious instructor at the school; his two sons, Arye, 6, and Gabriel, 3; and Miriam Monsonego, 8, the daughter of the school's principal, were flown overnight from France.

Toll of Mexican Crime Wave, Written in Faces on the Wall

By DAMIEN CAVE
Enormous photographic portraits of crime victims cover concrete homes in Ecatepec, near Mexico City, in an effort to show the human cost of the country's crime wave.
BUSINESS

To Draw Reluctant Young Buyers, G.M. Turns to MTV

By AMY CHOZICK
The goal is to solve one of the most vexing problems facing the car industry: many young consumers today do not care that much about cars.

Indicators Fall in China and Europe

By JACK EWING and BETTINA WASSENER
Signs of slowing manufacturing in China and flagging business sentiment in Europe compounded concerns about the global recovery.
TECHNOLOGY

Is the New iPad Screen Too Good for the Web?

By BRIAN X. CHEN
Apps and games may look great on the new iPad's high-resolution "retina" display, but it's uncertain whether Web sites will get the same treatment.
DealBook

On Wall St., Keeping a Tight Rein on Twitter

By WILLIAM ALDEN
Financial firms must monitor communications to ensure that they are in compliance with securities regulations as they tiptoe into the fast-paced world of social media.

Mayor Warns of the Pitfalls in Social Media

By MICHAEL M. GRYNBAUM
Mayor Michael R. Bloomberg, speaking in Singapore, said that governing a city for the future can be hampered by the short-term focus of Internet comments.
SPORTS

Wales Coach Stakes Claim to Lead Rugby Tour of Australia

By EMMA STONEY
Even before the Six Nations championship began,Warren Gatland topped the list of candidates for the British and Irish Lions coaching job.
Slap Shot

What Radulov's Departure Means for the K.H.L.

By JEFF Z. KLEIN
Alexander Radulov is the latest star to leave the K.H.L., prompting questions about the league's future.
On Soccer

A Time for Rivalries to Fade and for Soccer to Unite

By ROB HUGHES
Players and fans have come together to offer support for Fabrice Muamba, the Bolton player who collapsed during a game Saturday.
U.S. NEWS
The Lede Blog

Florida Police Chief Steps Down in Fatal Shooting

By JENNIFER PRESTON
Under pressure to resign over the investigation into the fatal shooting of 17-year-old Trayvon Martin, Chief Bill Lee Jr. of the Sanford Police Department announces that he will temporarily step aside.

Early Spring Sets Much of U.S. Awash in Color and Pollen Dust

By KIM SEVERSON
High temperatures and a sudden bloom have turned what some call the Bible Belt into the Pollen Belt, and have also brought a potentially damaging early onset of insects.

In Oklahoma, Obama Declares Pipeline Support

By JACKIE CALMES
President Obama said that he supported expedited construction of the southern half of the controversial Keystone pipeline.
OPINION
Op-Ed Contributor

Listening to the Kigali Night

By NANCY LEENSON CALDWELL
A peace education volunteer in Rwanda recounts her experiences.
Patrick Chappatte

U.N. Council Issues Statement on Syria

The United Nations Security Council released a statement endorsing efforts to negotiate a cease-fire in Syria, funnel aid to victims and begin a political transition.
Op-Ed Contributor

The Bomb and the Bomber

By ARI SHAVIT
An Israeli reporter argues that the summer of 2012 is the last chance to stop the Iranian bomb.

Reuters - Daily Investor Update: Brazil oil regulator: Chevron leak not "negligence"

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between


Wall St ends down, led by cyclicals, on growth worries
NEW YORK (Reuters) - Cyclical sectors led stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in both the euro zone and China.
Jobless claims at 4-yr low, lift recovery hopes
WASHINGTON (Reuters) - The number of Americans claiming new unemployment benefits dropped to a four-year low last week, bolstering hopes a recent pick-up in job growth will prove lasting.
Brazil oil regulator: Chevron leak not "negligence"
BRASILIA (Reuters) - An oil spill off the Brazilian coast in November was not the result of negligence by Chevron or drill-rig operator Transocean, Brazil's oil regulator said on Thursday, providing a boost to the companies and their executives as they face criminal charges.
Fed's Fisher sees no need for more monetary easing
CHICAGO (Reuters) - The economy is in much better shape and does not need further help from the central bank, a top Federal Reserve official known for his hawkish policy views said on Thursday.
Government sues AT&T over fees from misuse of deaf service
(Reuters) - The government charged AT&T Inc with cheating it out of millions of dollars by knowingly failing to prevent swindlers from using a subsidized telephone service meant for deaf people.
Morgan Stanley directors win pay lawsuit dismissal
(Reuters) - Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts.
FedEx settles hiring probe for $3 million
(Reuters) - FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.
Wall Street's face in Washington to step down
WASHINGTON (Reuters) - The chief lobbyist for the largest U.S. financial institutions will step down at the end of 2012, after more than a decade of waging regulatory battles, a trade group said on Thursday.
Analysis: U.S. job gains hint at more spending and hiring
WASHINGTON (Reuters) - It's not quite Easy Street, but more money is starting to flow along Main Street.
Monster CEO open to selling all or part of company
NEW YORK (Reuters) - Monster Worldwide Inc is open to selling all or part of itself and expects to have data ready for potential buyers fairly soon, Chief Executive Sal Iannuzzi said in an interview.