Archive for July 21st, 2011

AT&T profit, subscriber growth beat expectations (Reuters)

July 21, 2011
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NEW YORK (Reuters) – AT&T Inc (T.N) posted better-than-expected subscriber growth for the second quarter, pushing its profits and sales past Wall Street estimates despite the loss of exclusive U.S. rights to sell the Apple Inc (AAPL.O) iPhone.
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iFraud: Entire Apple stores being faked in China (AP)

July 21, 2011
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BEIJING – It looks almost exactly like a sleek Apple store. Sales assistants in blue T-shirts with the company’s logo chat with customers. Signs advertising the iPad 2 hang on the white walls. Outside, the famous logo sits next to the words “Apple Store” — one of the few clues that the whole thing...
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Hope for a European debt deal lifts markets (AP)

July 21, 2011
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NEW YORK – What’s good for Europe is good for stocks. News that European leaders are getting closer to agreeing on a broad approach to dealing with the region’s debt troubles sent markets higher Thursday.
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Wall Street climbs on financials, debt progress (Reuters)

July 21, 2011
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NEW YORK (Reuters) – Stocks advanced on Thursday, powered by financials after Morgan Stanley reported better-than-expected results and on apparent progress on debt deals in Europe and the United States.
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Entire Apple stores being faked in China (AP)

July 21, 2011
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BEIJING – At first, it looks like a sleek Apple store. Sales assistants in blue T-shirts with the company’s logo chat to customers. Signs advertising the iPad 2 hang from the white walls. Outside, the famous logo sits next to the words “Apple Store.”
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AT&T stays strong against threat of Verizon iPhone (AP)

July 21, 2011
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NEW YORK – AT&T Inc. saw a rebound in the number of new contract subscribers in the second quarter, showing resilience in the face of competition from Verizon’s iPhone.
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Stock futures mixed ahead of unemployment claims (AP)

July 21, 2011
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NEW YORK – Stock futures are mixed ahead of weekly report on jobless claims.
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Stock futures flat, Intel a drag on Nasdaq (Reuters)

July 21, 2011
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NEW YORK (Reuters) – Stock index futures turned higher on Thursday after Morgan Stanley (MS.N) reported a narrower-than-expected quarterly loss.
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Qualcomm ups outlook, but chip target disappoints (Reuters)

July 21, 2011
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NEW YORK (Reuters) – Qualcomm Inc’s (QCOM.O) improving financial outlook was not enough to impress investors disappointed with its wireless chip shipment target during a quarter when new advanced devices like the next generation Apple Inc (AAPL.O) iPhone are expected to go on sales.
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Apple selling Mac OS X Lion thumb drive version in August (Digital Trends)

July 21, 2011
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Apple selling Mac OS X Lion thumb drive version in August 
    (Digital Trends)

Wednesday is definitely being dominated by Apple releases, foremost of which is the much anticipated Mac OS X Lion. The new operating system replaces Snow Leopard and is being available for download from the Mac App Store for $29.99.For those customers who for whatever reasons would like an alternative option to the Mac App...
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