Quick news – December 16 2010

By: ispeculatornew
Date posted: 12.16.2010 (8:08 pm) | Write a Comment  (0 Comments)

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Tech news: (concern the stocks we follow)

Research in Motion (RIMM) announced earnings of $17.4 per share (est $1.61) on revenues of $5.49B (est $5.41)
News Corp’s MySpace renewed its ad deal with Google (GOOG)
AOL (AOL) acquired Pictela
Microsoft’s (MSFT) Bing gained 0.3% of search market share to 11.8% while Google (GOOG) dropped to 66.2% and Yahoo (YHOO) to 16.4%
Microsoft’s (MSFT) Kinnect is a huge success selling over 100,000 units per day

Best return:      Travelzoo (TZOO) +4,21%

Worst return:            AOL (AOL) -1,74%

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