U.S. Morning Call: Google Maps finds way back onto iPhone
Wednesday, December 12, 2012 - 03:50
Dec. 13 - Google's Maps will now be available in Apple's app store, the Internet search giant said on its official blog; A U.S. federal agency opts to use the new BlackBerry 10 smartphone.
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Skip your morning call for Thursday we're looking at some tech stocks today let's start off with a big keys. Google Maps is finally making its way back to the iPhone. For app it's been a rocky road and it took three months off a lot of complaints the firing of an executive and a public apology from Tim Cook. For apple to finally embraced the Google Maps app. -- -- act has rotating two. Shares of apple trading down two bucks in the premarket. From -- I've gone to the Blackberry a US federal agency is giving -- a shot it's set to try out the new Blackberry ten Smartphone. After recently ditching the brand in favor of apple. The news comes just -- rim shares rallied to their highest close in seven months. Moving on to market US stock futures are pointing to a lower start today. European stocks also slipping on nagging concerns about how the US made deal with the fiscal problems. And we've got a slew of economic data due out as well take a look at this chart we've got jobless claims the Producer Price Index. And some of the first retail numbers from the holiday season. So we think about this deal for a few days now -- an SEC filings from this morning. Shows that sprint has made -- formal offer to buy out the rest of Clearwire stock. For two dollars and nine cents a share. The deal which values Clearwire at over four point two billion dollars. Is being reviewed by special committee of Clearwire board sprint already has 51 point 7% stake in Telecom company as of December 11. Clearwire shareholders liking the offer the stocks surging 18% this morning. Earnings out today after the close Adobe systems' fourth quarter earnings could reveal whether the company's new subscription based model is succeeding. A controversial move -- analysts at the time the company now says it's being in picking up subscribers faster than expected. That news has pushed the stock to its highest level since April 2010 up 26% this year. Earlier this week Jefferies raised its price target to 38 bucks from 32. Lockheed mart does get a pay cut. Sources telling Reuters the Pentagon will pay about 4% less. For each new F 358. Fighter jet. When it signs a deal with the number one US defense contractor on Friday the contract and 32 jets to its arsenal in the deal totaling three point eight billion dollars. Last week the US senate voted unanimously to approve -- approve it wide ranging defense bill that authorizes 631. Billion dollars in funding. But he shares of Lockheed since January they've risen nearly 12%. Solar city hoping for a sunny start today as it begins trading on the NASDAQ under the ticker -- CTY. The solar installer price eleven and a half million shares an eight bucks. Raising 92 million dollars in its IPO that's nearly half of the value initially expected. Even so solar city is one of silicon valley's hottest clean tech companies. When a company works is that it allows customers to -- solar panels rather than spending big bucks to Biden. Venture capitalists and solar energy investors loving that business model. And nobody watching for today's debut that's a good Thursday morning call follow us on Twitter at Reuters Insider in check out our team now. At work that. -- I'm Lisa Bernhard.
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