Technology stocks are higher ahead of the bell with Apple Inc. (AAPL) being named in a lawsuit filed in federal court in California accusing it of enabling advertisers to track how users interact with applications. Also named in the suit, which is seeking class-action status, are Pandora, The Weather Channel, Dictionary.com and Backflip. Altair Nanotechnologies (ALTI) said shareholders have approved a deal giving Canon Inc. (CAJ) a 51% stake in the company while also approving a one-time option exchange program for employees. The transaction still requires approval by U.S. Committee on Foreign Investment.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up