According to Reuters, Countrywide (CFC) will eliminate 900 jobs.
Reuters writes that Apple (AAPL) is looking for higher sales and Europe launch of the iPhone as part of the reason it cut prices on the device.
Reuters writes that the ITC will begin an investigation into patent concerns on some of Nokia’s 3G phones.
Reuters writes that Network Appliances has sued Sun (JAVA) over several patents.
The Wall Street Journal writes that Seagate (STX) will release PC disks with encryption chips which will protect data.
The Wall Street Journal writes that Boeing (BA) will delay the first test flight of its new 787.
The Wall Street Journal reports that Intel (INTC) is upgrading its line of high-end server chips.
The Wall Street Journal also reports that customers at Starbucks (SBUX) will be able to get free iTunes access within the coffee stores.
The Wall Street Journal writes that Johnson & Johnson (JNJ) is seeking approval for wider use of its drug Procrit.
The New York Times reports that Citigroup (C) closed one of its troubled hedge funds.
The FT reports that the Organisation for Economic Co-Operation and Development said that there is great risk for a major slowdown in the US economy
Barron’s writes that Cisco (CSCO) said that it is still on track to hit its full-year numbers.
Douglas A. McIntyre
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.