Quick news – July 19 2010

By: ispeculatornew
Date posted: 07.19.2010 (3:49 pm) | Write a Comment  (0 Comments)

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Tech news:

Amazon (AMZN) has confirrmed that sales of ebooks now surpasses its sales of physical books
Netflix (NFLX) will start a movie streaming business in Canada later this year
Microsoft (MSFT) regained the #1 market cap position in technology ahead of Apple (AAPL)
Apple”s (AAPL) stock lost value on concerns that margins will diminish in this week’s earnings report
Research in Motion (RIMM) rated a new “BUY” at Dundee
Foursquare is in talks with Google (GOOG), Microsoft (MSFT) and Yahoo (YHOO) regarding a search deal
Yahoo (YHOO) raised to buuy at ThinkEquity

Top performer: Research in Motion (RIMM) +3,35%

Worst Performer: Valueclick (VCLK) -1,88%

ETF news:

Ishares launched a new series of ETF’s. They track economy sectors (technology, energy, health, etc) but around the world (excluding US), they are: AXUT (utilities), AXTE (internet & telecom), AXID (industrials), AXIT (technology), AXHE (health & biotech), AXMT (materials), AXEN (energy), AXDI (consumer discretionary) & AXSL (consumer staples).

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