Android gains in US, basic phones almost extinct

Android gains in US, basic phones almost extinct

AFP The Google Android platform grabbed the majority of mobile phones in the US market in early 2014, as consumers all but abandoned non-smartphone handsets, a survey showed Friday. The poll by Consumer Intelligence Research Partners found 53 percent of new mobile phones activated by US customers were Android devices in the January-March period. Apple's iOS, the platform used by the iPhone, acco…

Australian Markets

  • Earnings season starts rough for health insurers Associated Press - 5 hours ago

    Health insurers that easily outpaced the broader market in trading last year nosedived this week after UnitedHealth released shaky first-quarter earnings. That dip may be short-lived if the performance ...

  • Minerals Technologies Extends Tender Offer for Outstanding Shares of AMCOL International ACN Newswire - 9 hours ago

    NEW YORK, NY -April 18, 2014-Minerals Technologies Inc. (NYSE:MTX - News) announced today that it has extended its tender offer to purchase all outstanding shares of AMCOL International Corporation (NYSE:ACO - News) for $45.75 per share in cash. All terms and conditions of the tender offer, other than the expiration date, remain the same. Unless extended further, the tender offer will now expire at 9:00 a.m., New York City time, on May 2, 2014. The tender offer was previously scheduled to expire at 9:00 a.m., New York City time, on April 18, 2014.

  • Deutsche Bank likes BHP Billiton Limited – should you? The Motley Fool Australia - 15 hours ago

    Despite the strong headwinds facing the mining sector, Deutsche Bank has reiterated its 'buy' rating on sector heavyweight BHP Billiton Limited (BHP.AX), giving it a price target of $43.50, which is 14% higher than today's price of $38.04. Meanwhile, CIMB maintains a price target of $42.80 and RBC Capital has reiterated an 'outperform' rating on the shares. You should look at BHP Billiton as a long-term investment prospect .

  • Shares of Travelocity owner Sabre rise after IPO Associated Press - 23 hours ago

    Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering. The company had offered ...

  • Weibo shares jump in market debut Associated Press - Fri, Apr 18, 2014 6:44 AM AEST

    Chinese social media company Weibo Corp.'s shares soared in their U.S. market debut Thursday. Weibo was launched four years ago by Chinese online media company Sina Corp. Weibo provides a Twitter-like ...

  • Mid-cap stocks are getting some love, finally Associated Press - Fri, Apr 18, 2014 4:11 AM AEST

    Maybe the middle child really should be the favorite. Just like families sometimes overlook the middle kid, investors all too often pay attention to just the smallest and largest stocks. Managers of mid-cap ...

  • Sina Weibo shares jump more than 10% after IPO AFP - Thu, Apr 17, 2014 4:16 PM AEST
    Sina Weibo shares jump more than 10% after IPO

    Shares of Sina Weibo, China's answer to Twitter, jumped more than 10 percent in initial trade Thursday after an undersubscribed initial public offering. Weibo's parent, the Chinese Internet giant Sina Corp, sought to raise as much as $380 million listing the subsidiary on the Nasdaq exchange, but only pulled in $286 million as it ran into a market jittery over both tech and Chinese company shares.

  • Sina Weibo shares jump more than 6% after IPO AFP - Thu, Apr 17, 2014 4:12 PM AEST
    Sina Weibo shares jump more than 6% after IPO

    Shares of Sina Weibo, China's answer to Twitter, began trading sharply higher Thursday after an undersubscribed initial public offering. Minutes into trade the shares were over $18, compared with the $17 ...

  • Japara Healthcare Ltd gives IPO investors a 27.5% stag profit – what investors need to know The Motley Fool Australia - Thu, Apr 17, 2014 3:13 PM AEST

    Freshly floated aged care operator Japara Healthcare Ltd (ASX:JHC) has surged 27.5% to $2.55 by early afternoon on Thursday after debuting on the stock market this morning. It's an amazing immediate profit for IPO investors - otherwise known as a 'stag profit'. The initial public offering (IPO) was priced at $2.00 per share which equated to an expensive looking 22.6 times price-to-earnings (PE) ratio. The market however appears comfortable with ascribing a high value to Japara, with investors excited by the quality of the business and its growth potential.

  • 'Chinese Twitter' firm Weibo to go public in US AFP - Thu, Apr 17, 2014 1:23 PM AEST
    'Chinese Twitter' firm Weibo to go public in US

    Sina Weibo, widely known as China's version of Twitter, is to go public in the United States Thursday at a price below expectations after a recent sell-off in technology stocks. The microblogging subsidiary of Chinese Internet behemoth Sina was to make its debut on the Nasdaq exchange under the symbol "WB" in an initial public offering (IPO) expected to raise at least $340 million. Sina Weibo -- launched in August 2009 to provide services similar to Twitter, which is banned in China -- is a leading social media site in a country with 618 million Internet users -- the world's largest online community. But the estimated value of the IPO, filed by Weibo with the US Securities and Exchange Commission this month, was down on the sum of up to $500 million indicated in March -- reflecting a gloomy market outlook after the Nasdaq index suffered more than three weeks of declines.


Company Finances

  • Correction: Restaurant Sales story Associated Press - 21 minutes ago

    In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. It was $1.31 million, according to an estimate ...

  • USDA orders farms to report pig virus infections Associated Press - 3 hours ago

    Farms stricken with a deadly pig virus must report outbreaks as part of a new program to help monitor and possibly control the spread of the disease, the federal government announced Friday. Porcine epidemic ...

  • Big Rapids Sears Appliance & Hardware Receives Best Small Business Award GlobeNewswire - 5 hours ago

    HOFFMAN ESTATES, Ill. -- While some retailers are depleting their staffs and struggling to make profits, a Sears Appliance & Hardware Store in Michigan has done the opposite and is being honored by a local ...

  • New Americans turn to goats to address food demand Associated Press - 6 hours ago
    New Americans turn to goats to address food demand

    A bunch of kids in a minivan are solving twin challenges in northern Vermont: refugees struggling to find the food of their homelands and farmers looking to offload unwanted livestock. The half dozen kids ...

  • Rio Mayor says no sports 'mausoleum' like Beijing Associated Press - 9 hours ago

    Rio de Janeiro Mayor Eduardo Paes is viewed as the key person to speed up the city's delayed Olympics Games preparations. He has been the point man when all three levels of Brazilian government have debated ...

  • Two-week strike ends at 2016 Rio Olympic venues Associated Press - 9 hours ago

    Over 2,000 construction workers returned to their jobs at the Olympic Park on Thursday, ending a two-week strike that further slowed the trouble-plagued 2016 Olympics in Rio de Janeiro. Rio Mais, the consortium ...

  • From 'Unwrapped' to new TV show 'Rewrapped' Associated Press - 10 hours ago
    From 'Unwrapped' to new TV show 'Rewrapped'

    Consider the simple but beloved chocolate chip cookie. Now imagine that cookie encrusting a brioche roll tucked around a turkey meatball. Or turn your thoughts to a mass-produced cherry pie transformed ...

  • Salmonella decline seen in food poisoning report Associated Press - 10 hours ago
    Salmonella decline seen in food poisoning report

    The government's latest report card on food poisoning shows a dip in salmonella cases but an increase in illnesses from bacteria in raw shellfish. The report counts cases in only 10 states for some of ...

  • Can a car's brand image hurt its resale value? - 11 hours ago

    I've never really paid attention to a car's brand image when I have bought a car, including any of the brand perception awards that some auto manufacturers advertise. But my current car doesn't have such a good image right now, thanks to some car recalls and some overall issues with the car brand. You can find out the resale value of car models that you're considering, but an unexpected event can put a dent in the price that you can ask for that car. According to ALG, which calculates so-called residual values and provides them to dealers, lenders and others in the industry, a car's brand image is a factor in calculating its resale value.

  • Brewers seek to rekindle Belgium's love of beer Associated Press - 11 hours ago
    Brewers seek to rekindle Belgium's love of beer

    The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87-year-old, is holding on to her business but can't say ...