Citigroup Stays Bullish and 4 Heavily Traded Shares Attracting Investor Attention
MetroPCS Communications Inc (NYSE:PCS): According to CNBC’s David Faber, citing sources, Sprint has not been considering making a counter bid for MetroPCS.
Citigroup Inc. (NYSE:C) has not only been staying bullish during these tumultuous times, but the firm believes that the U.S. market will outperform global stocks through 2013. U.S. equities have been upgraded to Overweight from Neutral says a note released late Wednesday, and the firm downgraded Japanese equities to Underweight from Overweight.
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Ford Motor Company (NYSE:F) has been wanting to challenge Toyota Motor Corp’s power within the hybrid market. On Thursday, the company said that its 2013 C-Max Energi plug-in hybrid is able to reach 100 miles per gallon, which beats the 2012 Prius by about 5 percent.
Intel Corporation (NASDAQ:INTC) stock price has been slowing lately, mainly as a result of the the weak environment around PCs. However, Intel has seen an increase in revenue and profits. During Q2 2012, Intel reported that its revenue reached $13.5 billion, representing a 4 percent growth rate year over year.
Microsoft Corporation (NASDAQ:MSFT): Fingerprint-reading software that is owned by Apple (NASDAQ:AAPL), through its Authentec acquisition, has a number of vulnerabilities that possibly could allow hackers to gain access to Windows account passwords, according to Boy Genius Report. The software has been pre-installed on laptops that are sold by Dell (NASDAQ:DELL), Sony (NYSE:SNE), and others, the report added.
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