(Information on Southwest Airlines and new tablet computers updated in today's Hot Trends article.)
NEW YORK (
) -- "
" is a trending search topic today after the company reported a net income of $205 million, or 27 cents per share, in the third quarter.
announced an agreement to be acquired by Southwest Airlines in a transaction valued at over $1.37 billion.
The deal is expected to close in the first half of 2011 while commercial and operating integration isn't expected until 2012.
"Tablet computers" is a trending search topic today after
announced their own versions of a tablet computer.
H-P is has introduced its new Slate 500, one of the first Windows 7 tablets. It is geared primarily towards business users.
Dell is preparing to launch its own Windows 7 offering, the Inspiron Duo tablet/netbook hybrid. Both companies, however, are playing serious catch up to
"Mexico earthquake" is a heavily searched phrase today after a
According to reports from the U.S. Geological Survey, the quake was centered in the Gulf of California, 65 miles south of Los Mochis in the state of Sinaloa in Mexico, and just 6.2 miles below the seabed.
While the earthquake did not trigger a tsunami, the Pacific Tsunami center said it could have caused some local waves.
"Beige book" is a trending search topic today after the Federal Reserve released its Beige Book report on Wednesday.
According to the most recent report, economic activity rose at a modest pace from September to early October. The economy saw growth across the manufacturing, energy and agricultural sectors while retail spending and non-financial services saw moderate increases.
Retailers said consumers "are slowly regaining confidence, but remain price-conscious and were largely limiting purchases to necessities and nondiscretionary items," and back-to-school spending helped some districts. Most areas expect to see moderate growth through the end of 2010.
"Currency market" is a trending search topic as
topped earnings estimates.
Meanwhile, the dollar was trading marginally higher against a basket of currencies, with the dollar index up by 0.06%, and the benchmark 10-year Treasury note fell 2/32, increasing the yield to 2.488%.
Today investors will likely take their cues from earnings news as there are no economic reports scheduled for release.
"Blizzcon" is a hot search on the Internet as the annual convention held by Blizzard Entertainment, a subsidiary of
, kicks off today. Blizzcon is taking place in the Anaheim Convention Center on October 22 and 23.
The gaming company is hosting the convention to promote its three major game franchises;
World of Warcraft
. Blizzard is expected to make an announcement regarding upgrades and new wares for the existing games.
Actor and comedian Jay Mohr will host the costume and dance contests today, and the band Tenacious D featuring Jack Black and Kyle Glass, will perform on Saturday during the convention's closing ceremonies. The entire production is being
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Written by Theresa McCabe in Boston.
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