Videos - In The News

  •      02:52 PM Fed To Keep Rates Low Through Mid 2013

    On Tuesday the Federal Reserve put more clarity on what it means to hold interest rates low for an "extended period" of time, saying for the first time that it means "at least through mid-2013."

    The action brought strong disagreement, as regional Fed presidents Richard Fisher, Narayana...

  • 01:29 PM Morgan Stanley Adjusted Its 2011, 2013 EPS Estimates For Target Corp

    Morgan Stanley adjusted its 2011, 2013 EPS estimates for Target Corp. (NYSE:TGT) and maintained its overweight rating and $64 price target.

    The bank sees 2011 EPS of $4.10, up from $4.08 per share, and 2013 EPS of $5.08, down from $5.09 per share.

    Target has a potential upside of...

  • 01:25 PM Pharmasset Finalizes 2-For-1 Stock Split

    Hepatitis C drug developer Pharmasset Inc.(NASDAQ:VRUS) reported Tuesday that its board of directors approved a two-for-one split of the company's common stock.

    The Princeton, N.J., company will give one added share to stockholders of record as of the close of business Aug. 22. The new...

  • 01:23 PM Morgan Stanley Adjusted Its 2011, 2012 EPS Estimates For MAKO Surgical Corp

    Morgan Stanley adjusted its 2011 and 2012 EPS estimates for MAKO Surgical Corp. (NASDAQ:MAKO) and maintained its equal-weight rating on the stock.

    The bank sees a 2011 loss of $0.90 per share, wider than its previous estimate for a loss of $0.81 per share, and a 2012 loss of $0.36 per...

  • 12:22 PM Fitch Confirms NRG Rating

    Fitch Ratings on Tuesday confirmed its noninvestment-grade "B+" overall credit rating for wholesale power company NRG Energy Inc.(NYSE:NRG).

    The credit rating agency also gave its "BB+" rating to NRG's new first line facilities and affirmed its "BB" rating on the company's unsecured notes...

  • 12:20 PM White House announces oil savings standards for heavy duty trucks, buses

    The Obama administration announced new fuel efficiency and greenhouse gas pollution standards for work trucks, buses, and other heavy duty vehicles that it said will save American businesses who operate and own these commercial vehicles approximately $50B in fuel costs over the life of the...

  • 12:07 PM Bank of America CEO tells employees company remains strong

    Bank of America (NYSE:BAC) CEO Brian Moynihan wrote a letter in the company's internal website that said the bank would weather market turbulence, according to a report in the Wall Street Journal. He assured the company that it remains financially strong despite its sinking stock price.

    ...

  • 11:44 AM Radiant System Acquires Texas Digital Systems

    Radiant Systems (NASDAQ:RADS) acquired Texas Digital Solution to enable businesses to improve order accuracy, increase speed of service and influence sales at the point of purchase.

    Dennis Davidson, president and chief operating officer of Texas Digital Systems said, "Radiant and Texas...

  • 11:40 AM Cablevision Announces Launch of Cable App for iPhone, iPod touch

    Cablevision (NYSE:CVC) announced the launch of a new Optimum App for iPhone and iPod touch that delivers the full cable television on these devices.

    The Cablevision customers now can get 300 channels of live TV and video on the Apple devices, in addition to DVR management, guide...

  • 11:30 AM Toshiba To Release Glasses-Free 3D Laptop

    Toshiba will release a glasses-free 3-D laptop sometime this month.

    The laptop is an upgrade from Qosimo F755 and uses a "15.6-inch diagonal full HS TruBrite display with active lens to show 2D and 3D images" The device also runs a Intel Corei7 processor and NVIDIA GeForce 540M and allows...