Research In Motion, Toyota Prius: Hot Trends
The BlackBerry maker announced Mobile Fusion, which is intended to bring together its BlackBerry Enterprise Server technology and mobile device management system. It will offer features including remote configuration, security management and protection of lost or stolen devices to users of Blackberry phones, PlayBook tablets, Android devices, iPhones or iPads.
RIM said the software should be available in late March 2012.
Toyota Prius is another hot topic. Toyota (TM) is now taking orders for the first plug-in hybrid car, the Prius PHV. The company said the PHV should be especially attractive to consumers worried about running out of power on the road, as that can be a concern with electric cars. When a plug-in runs out of power, it defaults to becoming a hybrid. The car has a new lithium-ion battery that can be charged from a household electrical outlet, and also recharges itself while driving, as gasoline-electric hybrids do. The starting price of the car will be $32,000 in the U.S. with green vehicle subsidies. Toyota estimates Prius Plug-in sales of 60,000 a year, with 35,000 to 40,000 of those sales coming from Japan, where the company is the leading automaker.
Robert Wayne is trending as the man who, along with Steve Jobs and Steve Wozniak, established Apple Computer Co. and signed a document that is expected to make waves at Sotheby's. The three men signed a document on April 1, 1976, that formally established Apple. That contract is hitting Sotheby's on Dec. 13 for its books and manuscripts sale and is estimated to bring in $100,000 to $150,000. Wayne originally owned the contract, before it ended up in the hands of a manuscript dealer and eventually the consigner. The contract was amended on April 12 after he withdrew as partner, relinquishing his 10% ownership of the company and receiving $800 in return. He later received an additional $1,500. Based on Apple's market capitalization today, Wayne's 10% stake would be valued at almost $35 billion, according to Bloomberg.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV