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USA Stock Report

Real Time Stocks News

The Nasdaq OMX Group Inc and investors who had sued the exchange operator on the $16 billion IPO of Facebook Inc, have asked the judicial panel to keep their dispute separate from a dozen other shareholder lawsuits in the same matter. Facebook Inc, the world’s no.1 social network, along with the underwriters Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase...

 Cisco Systems Inc has said that it bought Virtuata, a private security software firm, which would give Cisco, the company which has high acquisitive networking, fresh tools for cloud computing and data center infrastructure. Cisco is at present in the middle of a turnaround after the restructuring last year for focusing on the core areas such as routing and switching...

Nokia has decided to cut down the cost of its flagship model by one-half, barely 3 months after it was launched, as the firm tries to stanch the losses that it has been seeing due to a decreasing market share as compared to the rivals Apple Inc and Samsung Electronics Co. The price of the Nokia Lumia 900 windows Phone will be cut down from $99 to $49.99 with a 2 year agreement,...

MasterCard Inc , Visa Inc and other banks which issue their credit cards have agreed upon a $7.25 billion settlement with the retailers in the US. This could well be the largest anti-trust settlement in the history of US, as per the market experts. The settlement, if it goes through, could resolve a large number of lawsuits that have been based around the fixing of debit...

Intel Corp will be posting its earnings next week as Wall Street braces for more bad news in the wake of recent series of grim reports concerning the chip industry. Intel, which is the largest semi-conductor company in the world, is expected to post flat earnings with a very modest gain in the sales. The company is scheduled to report the earnings after the markets close...

Hewlett-Packard Co. in today’s trading closed down at lowest levels of more than last seven years after one of the competitors predicted a slowdown in the corporate purchasing in the printer market. The Stock was down by 1.9 per cent to $18.98. As of today, the stock has already dropped 26 per cent in the last one year. Lexmark International Inc. , the printer maker,...

Wells Fargo & Co has agreed upon paying $175 million for resolving the allegations that it had charged the Hispanics and African-Americans higher rates and fees for mortgages even though they qualified for better deals during the period of housing boom, according to the US Justice of Department. This comes as a part of the latest efforts by Obama administration for...

Bain Capital, the US private equity firm, is in advanced stage of talks with the GIC or the Government of Singapore Investment Corp for making a joint bid for securing a 40 per cent stake in the Genpact, the outsourcing company, for $1.5 to $2 billion. Also what has become known through the sources having close knowledge of the issue, Apax Partners LLP, the private equity...

Shares of Visa Inc and MasterCard Inc continued to remain weak, following a recent slide which was prompted earlier this week by analysts on share valuations. Adding a further pressure on the stocks, the analysts said that in the coming earnings reports the big banks which are presently issuing cards with these two firms might make a declaration of their own card business...

Bank bonds have been outperforming most other industry sectors as most of the financial institutions are looking to reduce their supply of debt and have been trying to boost capital for meeting the new risk-curbing regulations. Bank of America and Lloyds banking Group Pl car leading with 8.1 % returns on dollar-denominated bank notes from the end of the year as compared...