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Nokia Slashes Smartphone Prices In an Attempt ... July 05, 2011 Nokia Corp (NYSE:NOK) has cut its smartphone prices in Europe in an effort to slow its market share losses, two sources within the industry said in a report by Reuters today.One of the sources ...

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Citigroup Lowered Its 2012 EPS Estimate For ... July 05, 2011 Citigroup lowered its 2012 EPS estimate for Hospira (NYSE:HSP) and maintained its sell rating and $54 price target on the stock.The bank sees 2011 EPS of $4.04, vs. consensus estimates of $3.99 ...

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Wendy’s Completes Sale of Arby's July 05, 2011 Wendy’sArby's Group, Inc. (NYSE:WEN) announced today that it has completed the sale of Arby's Restaurant Group to a buy formed by Roark Capital Group, effective yesterday, July ...

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Options Report: July 5, 2011 July 05, 2011 On the call side, Teradata Corporation (NYSE:TDC) calls are trading over 17.5 times their average volume after several investors bet bullishly on the company. General Mills (NYSE:GIS) calls are ...

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Twitter Raising More Money, Reportedly Now ... July 05, 2011 Twitter Inc, is conducting a new round of private fund-raising that values the company as high as $7 billion, said a person familiar with the matter in a Wall Street Journal report.Seven months ...

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General Motors Faces Class Action Suit From ... July 05, 2011 A class-action lawsuit has been filed against General Motors Co (NYSE:GM) alleging that the automaker fixed rear-end problems on police versions of the 2007-08 Chevy Impala, but failed to do so ...

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Deutsche Bank Upgraded SINA to Hold July 05, 2011 Deutsche Bank upgraded SINA (NASDAQ:SINA) to Hold from Sell and raised its price target for shares to $98 from $54 after increasing its valuation for the company’s micro-blogging site Weibo. The ...

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General Motors Reports Chinese Sales Up 5.3% ... July 05, 2011 General Motors (NYSE:GM) announced today that it and its joint ventures in China had sold 1.27 million vehicles in the country in the first half of 2011, receiving a boost from its all-time best ...

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Bentonville’s Coon reinstated July 05, 2011 After the school dirstict fired Bentonville P.E. teacher for running a business out of the school\'s facilities, Dustin Coon has been reinstated.

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Morgan Stanley Downgraded JetBlue Airways To ... July 05, 2011 Morgan Stanley downgraded JetBlue Airways (NASDAQ:JBLU) to underweight from equal-weight.JetBlue Airways has a potential upside of 21.5% based on a current price of $6.25 and an average consensus ...

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Morgan Stanley Raised Its PT For CBS Corp To $33 July 05, 2011 Morgan Stanley raised its price target for CBS Corp. (NYSE:CBS) to $33 from $31 and maintained its overweight rating on the stock.The bank now sees 2011 EPS of $1.90, up from $1.84 per share, and ...

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Toyota Motor Corporation Working On Truck ... July 05, 2011 Toyota Motor Corporation (NYSE:TM) announced it will establish a new truck assembly plant in Kenya.As a part of the move, Japanese auto maker giant Toyota Motor Corporation is planning to acquire ...

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New IMF Leader Christine LaGarde Receives ... July 05, 2011 According to the International Monetary Fund, newly elected IMF Leader Christine LaGarde will be paid $550,000 yearly along with an annual allowance $83,760 for living expenses.LaGarde is the ...

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Portugal debt downgraded to junk July 05, 2011 Summary of business headlines: Moody’s cuts Portugal's credit rating to junk; Lagarde's first day at IMF; Verizon ends unlimited data service; Netflix says "hola" to South ...

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Businesses cheer gay N.Y. weddings July 05, 2011 As online applications for gay marriage start in New York, the wedding business is gearing up for a boost in business.

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Tuesday Acquisitions: Immucor and Travelex July 05, 2011 Immucor (BLUD), a maker of blood testing equipment, announced on Tuesday that it has agreed to be acquired by TPG Capital. The company expects the $1.97 billion or $27 per share deal sale to ...

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Attempted rape charges filed against DSK in France July 05, 2011 A formal complaint alleging attempted rape has been launched against former IMF head Dominique Strauss-Kahn in France. Deborah Lutterbeck reports.

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Tuesday Sector Laggards: General Contractors ... July 05, 2011 In trading on Tuesday, general contractors & builders shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Hovnanian Enterprises (HOV), ...

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Analyst Moves: APOL, CBS July 05, 2011 This morning, Goldman Sachs increased its price target on shares of the Apollo Group (APOL) to $64 as enrollment is on the rise at the online educator. With the higher price target, Goldman ...

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Analyst Moves: GIS, HSP July 05, 2011 This morning, Credit Suisse downgraded shares of General Mills (GIS) from buy to neutral as input costs are on the rise and margins could suffer. With the downgrade, Credits Suisse set a price ...