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Bank of America Corp (NYSE:BAC) accounts were allegedly used to both hide money and invest illegal drug trade money in U.S. racehorses by a Mexican cocain trafficking cartel, the Los Zetas drug gang, the Wall Street Journal reports citing the FBI.
Sirius XM Radio Inc (NASDAQ:SIRI) has added more than 1M net subscribers during 1H12. On June 30, the company already had more that 22.9M subscribers.
Nokia Corporation (NYSE:NOK) and Genius Brands International (GNUS), the developer and marketer of entertainment and education-based products including the award winning Baby Genius line, will partner together to provide unique and exclusive mobile apps which will run on Microsoft’s (NASDAQ:MSFT) Windows Phone to the Nokia Lumia device range, which includes the Lumia 900 on AT&T (NYSE:T).
PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): Broad-market exchange-traded funds, such as SPU, IWM, IVV, and others still trade lower. PowerShares QQQ has fallen 0.2%.
Ford Motor Company (NYSE:F): Although the slowing world economy concerns investors by itself, it also hurts earnings which reinforces shareholder worries. Earnings season began Monday, and more than 40 companies have given profit warnings, which includes both Ford and Texas Instruments (NYSE:TXN). Analysts claim share price has not been fully accounted for causing the darkening predictions.
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