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Latest Market news and updates

Money Matters - Simplified


Astounding Jailbreak Iphone 5 iOS 7.0.3 Hits The Market!

Market is flushed with updated jailbreak as well as the unlock tools that permit you to open your iOS 7, iOS 7.0.3 and iOS 7.0.2 devices from their technical manacles. The people who are using an iPad that runs on Apple’s iOS 7 firmware, iPod touch or an iPhone 5, 4S, 4,3GS, then you have a good news!

You won't be able to ignore this Apple bite

A record 61 percent iOS users have already upgraded their devices to the latest version iOS 6!

Honda confirms 1 Million sales of Hybrid car

Honda's rival Toyota though is way ahead, having achieved the mark in 2007, and has sold 2 million cars till now.

Apple and Android rise as Nokia and RIM fall

We all saw it coming and now it’s true. Google’s Android, which was once dubbed as a simple experiment and predicted by some to be a failure, is now giving stiff competition to Nokia’s Symbian and RIM’s Blackberry OS.

Here's That Dreaded Reverse Split!

Attempts to lift Evergreen Solar (Nasdaq: ESLR) out of the penny-stock swamp by natural means aren't working. Here comes the reverse split! Evergreen will trade under the new symbol ESLRD for 20 days starting tomorrow (yes, the split happens on a Saturday). The market is taking this in stride as the plan was approved months ago and largely finalized this month. Monday morning, Evergreen's shares should be worth about $3 per share, reflecting a 1-for-6 reverse split.

The 10 Worst Networking and Electronics Stocks of 2010

 It's been a pretty kind year to stock investors, with the S&P showing a 12.8% gain in 2010. Of course, kindness might still feel relative after a lost decade of negative returns that included the nauseating depths and panic of the financial crisis.

Will You Have a Job in 2011?

According to The Wall Street Journal, online job postings at the beginning of this month were up 2 million over their year-ago levels. That's nearly twice as high as at the depths of the Great Recession, just before Warren Buffett crunched the data at his Berkshire Hathawaysubsidiaries and declared the recession over. Citing a need for skilled technical employees, the Journal notes that there's considerable hiring under way at AT&T (NYSE: T)Lockheed Martin (NYSE: LMT), and WellPoint (NYSE: WLP) -- but not just there.

Still Too Early to Cheer Housing Starts

 We recently learned that housing starts "beat" expectations in November, rising 3.9% over the previous month. I am not a housing expert, but I thought increasing supply in an already oversaturated market with depressed demand is a bad thing. However, a recent Bloomberg article discusses why more homebuilding is a positive for the economy as it would add a significant amount of jobs to the economy. While this may be true, I believe improvement would be offset by a continuing decline in home prices.

Who Will Follow Valence Technology's Lead?

As the market starts to come around on commercial fleet electric vehicles, Valence Technology (Nasdaq: VLNC) is rewarding shareholders who looked past flashier stocks. Valence doesn't have a big flashy deal with Fisker, like A123 Systems (Nasdaq: AONE), or with Volvo, like Ener1(Nasdaq: HEV), but it is riding the success of little-known Smith Electric's commercial vehicles.

Must-Reads for Your Holidays

The past year wasn't a blowout one for IPOs, but the market did demonstrate its ability to inhale a good business and spit out a bad one. Both established and speculative companies made the list of IPOs this year, and performance wasn't too shabby for some of the higher-profile names: