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U.S. Morning Call: Smartphone makers see big growth in 2013

Sunday, March 03, 2013 - 03:26

Mar 4 - U.S. stock futures weaker this morning on concerns about the global economy and growth; Asian-based smartphone manufacturers claim their market share and shipments will surge this year.

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Pick your morning coffee on Monday we begin with big talk coming from its -- handset seller. Sony going for the bronze medal in Smartphone markets around the world behind apple and Samsung. Pitting itself against other Asian competitors like -- away and GTE who also aiming for the third spot. Shares of the Japanese company rising steadily in the US premarket up almost 5%. Samsung. The clear winner with apple in second and are seen -- holding -- those spots for the foreseeable future. Sony was ranked fourth in the global Smartphone market by research company IDC with a four and a half percent market share. Behind Lyle went with four point 9% ahead of CTE four point 3%. Several Asian based Smartphone manufacturers are talking up their growth plans. Both CTE NLG electronics saying shipments jumped 50% year on year in 2013. While way says -- shipments will rise 88%. You have to wonder. Bigger -- the Smartphone market gets. Stock futures are weaker across the board weighed down by concerns about the global economy in general and the impending impact. A US sequester federal budget cuts. Meanwhile Warren Buffett on CNBC this morning said the usual options trading ahead of the -- -- was clearly insider trading. The oracle of Omaha says his job is to beat the S&P 500 overtime. Parents speak rich look out this morning is the Forbes list of the world's richest people. Including 14126. Billionaires -- how a record number. Where they total net -- a five point four trillion. The US had the most billionaires with -- ranking number four. That's first here since 2000 that he has not been among the top three to to as. Bill Gates is number two. The US State Department now saying that the Keystone Pipeline would not have much impact on the amount of fuel developed in Canada's oilsands region. Supportive of the project have dismissed concerns that the project would lead to additional greenhouse gas emissions. Because the oil would reach markets regardless of whether the pipeline is built. A bomb has been see a difference and he faces a hard final decision on the pipeline that would link can sands to refineries in Texas. Which is not expected until after July or August. ConocoPhillips which has been looking to sell down its interest in Canada's oilsands says that moves by Ottawa to limit foreign investment and that country's resources have made it more difficult for some buyers. Some stocks to watch for the started this week. Pratt Whitney a subsidiary of United Technologies uncovered a fraudulent scheme that testing engine parts by another unit of united attack according to the Wall Street Journal. Shares finished down 1% on Friday. Google winning a key victory in Europe as German lawmakers approved a watered down copyright bill that would protect the search engine from having to pay fees for displaying links to news articles. Shares of Google actually lower in premarket. That's -- Monday morning on you can follow us on Twitter at Reuters Insider and Margaret and apparently dot com slash latest. And these guys.

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U.S. Morning Call: Smartphone makers see big growth in 2013

Sunday, March 03, 2013 - 03:26