Microsoft Hints at Surface Price and 4 High Demand Stocks Monday
Sirius XM Radio Inc (NASDAQ:SIRI) for Android update will include both On Demand programming and offline listening.
Sprint Nextel Corporation (NYSE:S) has been given an Overweight rating by Piper Jaffray in a report that was released on Monday. As of now, the firm has a $6.00 price target on Sprint. Nomura’s analysts have upgraded the company’s shares from Neutral to a Buy rating in a research note released on Monday, September 10th, and the firm gives the stock a $7.00 price target. Deutsche Bank has decided to keep its Hold rating on the stock, according to a research note that was released on Friday, September 7th, and the firm gives the stock a $4.25 price target. JPMorgan Chase has decided to keep its Overweight rating on the stock in a research note released on Thursday, September 6th, and the firm give the stock a $6.00 price target.
Don’t Miss: Yahoo Delivers Another Black Eye to RIM.
Wal-Mart (NYSE:WMT): India has opened foreign investment in retail, and Wal-Mart could possibly be the first to reach into the $505 billion market as Carrfour (CRERY) and Tesco (TSCDY) fight falling profits and consumer spending, according to Bloomberg.
Ford Motor Company (NYSE:F): The president of the Canadian Auto Workers union,Ken Lewenza, has stated that his union could possibly strike all three major American auto makers beginning tomorrow, The New York Times stated yesterday. Lewenza also stated that there has been progression in its talks with Ford, and that it is possible for deals with the same terms to be made with GM (NYSE:GM) and Fiat’s (FIATY) Chrysler prior to tonight’s strike deadline, the newspaper reported.
Microsoft Corporation (NASDAQ:MSFT) has refused to discuss the amount the devices are going to actually cost. In an interview with The Seattle Times, Microsoft’s CEO Steve Ballmer hinted that the pricing would be in the ballpark of $300 to “$700 or $800,” which ends rumors that the Surface RT would be a bargain, as the device has a price similar to the Kindle Fire’s $199. The interview also indicated that the Surface tablets are to be sold inside Microsoft’s fall-seasonpop-up stores in malls countrywide.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.