Services Sector Review: Global Tablet Sales, RadioShack Ripe for Takeover

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

Google Inc (NASDAQ:GOOG): In a strategic shift, Google (NASDAQ:GOOG) is developing a home-entertainment system that streams music wirelessly throughout the home and would be marketed under the company’s own brand, sources say, the Wall Street Journal reports.

RadioShack (NYSE:RSH) could become a takeover target as short sellers push bearish wagers against the specialty retailer to a four year high, Bloomberg reports.

The shares closed at $605.91, down $5.55, or 0.91%, on the day. Its market capitalization is $197.00 billion.

Amazon.com, Inc. (NASDAQ:AMZN): Global tablet sales, which hit 67M in 2011, could grow to 248.6M by 2015, with smartphones projected to hit 1B during the same period, according to BGR.

The shares closed at $185.54, up $0.56, or 0.3%, on the day. Its market capitalization is $84.43 billion.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: