Kia's Sales Rise in First Quarter: Hot Trends
NEW YORK (TheStreet) -- Popular searches on the Internet include Kia Motors after the carmaker reported its first-quarter global results.
Kia is the fastest-growing U.S. brand, with sales growing 78% since 2008. The company sold 646,398 vehicles in the first quarter of 2012, a 12.6% increase from the same period a year earlier. But its results didn't stack up to those of its larger affiliate Hyundai, which sold 1,072,679 new vehicles worldwide, seeing its global business rise 16.7% in the quarter from the same period a year ago.
The companies are South Korea's two largest automakers. In the first quarter, the two companies had a combined 75% market share in the country.
With a 34% stake in the company, Hyundai is Kia's largest shareholder.
Research In Motion (RIMM) is another popular search. The BlackBerry maker has launched an NFC music streaming device, called the BlackBerry Music Gateway. Through the device, users can stream music to a stereo from their BlackBerry phone through Near Field Communication (NFC) or Bluetooth. Users can stream music from music apps like Pandora, BBM Music or Slacker. They can also sync their personal music library or purchase from the BlackBerry Music Store. The device can be used to pause and skip from up to 30 feet away. The device is small enough for users to fit in their pocket. It can be paired with other types of phones, but NFC sharing is only possible on BlackBerry devices. BlackBerry Music Gateway will be priced at $49.99 and is planned for release in June.
Occupy Wall Street is trending as the movement has planned national protests for Tuesday to mark International Workers Day. Protestors were planning an encampment at Bryant Park in New York, although there was no mass gathering in the early hours of the morning. Labor groups have planned a march beginning in Union Square Tuesday, which Occupy Wall Street members reportedly plan to join. Another event is planned at the Golden Gate Bridge in San Francisco. Dozens of other actions are planned across the country.
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.
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