Ford’s Brags Fusion Hybrid, Facebook Eyes Russia and 3 Spotlight Stocks to Watch
Intel Corporation (NASDAQ:INTC) seems to be making progress in the smartphone market as it can now boast six phones that have launched in 2012 containing its Atom x86 Medfield along with its partnership with Motorola for a European handset, the Razr i. Other Intel chip loaded devices are either carrier-branded or are heading for European or Asian markets.
Hewlett-Packard Company (NYSE:HPQ) is experiencing falling computer and printer sales plus a debt load that now tops the industry average. The firm has unable to use its savings to fund investment in businesses such as security due to a “deteriorating outlook”, according to an analyst’s presentation.
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Facebook (NASDAQ:FB) might well be small in Russia thus far, but the world’s biggest social network is trying to recruit the local geeks to build applications designed especially for their home market. The aim is to convert users in Europe’s most biggest country to Facebook and also to catch up with the local rivals VKontakte and Odnoklassniki, which combined bring 10 times more traffic. This week, Mark Zuckerberg hosted around 200 developers in Moscow in a six-hour contest to create applications aimed at getting people to sign up and log in each day. A Russian-made tool to grow friendships through Facebook won first place (shocker!).
Ford Motor Company (NYSE:F) has been bragging of late about its upcoming Fusion Hybrid. Perhaps it is entitled to do so: The Environmental Protection Agency has certified the midsize sedan with a fuel efficiency rating of 47 mpg highway and also 47 mpg combined, making the vehicle one of the most fuel efficient autos in its class.
MetroPCS Communications (NYSE:PCS) might well receive a bid from Sprint Nextel Corporation (NYSE:S) if the latter’s board members okayed such a move in their special phone meeting at noon Friday, according to inside sources to The Wall Street Journal.
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