Research In Motion CEO Jim Balsillie blasted Apple for “distortion” on Tuesday after CEO Steve Jobs said iPad sales had surpassed the BlackBerry. The comparison isn’t, well, apples to apples because the quarters ended at differ…
Stocks fell sharply Tuesday after a surprise rate hike from China’s central bank and mixed quarterly earnings reports led to heavy selling in technology, materials and energy stocks.
Continue reading Dow Dives …
Investors interested in shares of the privately held Facebook don’t seem to be worried about a recent congressional inquiry into another potential privacy blunder.
Continue reading Congress Queries Facebook on …
Building a new chipmaking plant and upgrading four others will result in thousands of construction and high-tech jobs, the world’s leading supplier of microprocessors said today. It’s a strong statement from a company that has …
Authorities spotted what appears to be a $7.9 billion computer glitch at NYSE Euronext’s Arca stock market.
A system upgrade at Arca triggered an apparent 9.6% drop in an exchange-traded fund Monday, Bloomberg News said. That plunge would have knocked $7.9 billion off one of the country’s most popular securities.
The SPDR S&P 500 ETF Trust was trading at $106.46 at 4.15pm…
Continue reading Computer Glitch Could Have Wiped $7.9 Billion Off ETF
Computer Glitch Could Have Wiped $7.9 Billion Off ETF originally appeared on DailyFinance on Tue, 19 Oct 2010 09:09:00.
Filed Under: Company News, Technology, Stocks in the News, Market News