Links and Reading for June 15th
June 16, 2011 4:00 pm
Some of the more interesting and important items for June 15th :
- Dolby Patent Suit Adds to RIM’s Woes – AllThingsD – Lousy news for Research in Motion on the eve of first-quarter earnings. Dolby Laboratories has filed patent-infringement lawsuits against RIM in the U.S. and Germany, claiming the company built Dolby audio compression technology into its BlackBerry smartphones and PlayBook tablet without obtaining the proper licenses.
- Boeing to boost 737 airplane production – Yahoo! Finance – The world's second-biggest maker of commercial planes said Wednesday that it plans to build 42 of the jets per month by the first half of 2014. Then it will boost production further to an average of two of the planes per workday for a total of nearly 500 a year. It currently assembles 31.5 of the planes per month, it said.
- Consumer Prices in U.S. Increase More Than Estimated on Raw-Material Costs – Bloomberg – The cost of living in the U.S. rose more than forecast in May as prices for everything from autos to hotel rooms climbed, signaling raw-material expenses are filtering through the economy.
- Papandreou to Name New Greek Government – Bloomberg – Greek Prime Minister George Papandreou will name a new government tomorrow and call a vote of confidence in parliament as he seeks to pressure rebel lawmakers to back the austerity plan that aims to secure a new bailout.
- Pandora and Greek tragedy: coincidence? David Callaway – MarketWatch – SAN FRANCISCO (MarketWatch) — The Greek gods are playing with our fates again, timing this week’s market meltdown perfectly to the second coming of Pandora, this time in the form of an IPO.
- Stock Fund Outflows Soar to $5.8 Billion In Week – Focus on Funds – Barrons.com – Mutual funds had $185 million outflows in the week ended June 8, a sharp reversal from the $2.8 billion in net inflows the week before, says the Investment Company Institute.
- Fed boxed in as U.S. slouches toward stagflation MarketWatch First Take – MarketWatch – WASHINGTON (MarketWatch) — With the economy softening in the past few months and inflation accelerating, you hear a lot of talk about stagflation — that ugly combination of low growth and high inflation that plagued the economy for much of the 1970s and early 1980s.
- Apple’s Retail Secret: Full Service Stores – WSJ.com – Steve Jobs turned Apple Inc. into the world's most valuable technology company with high-tech products like the iPad and iPhone. But one anchor of Apple's success is surprisingly low tech: its chain of brick-and-mortar retail stores.
- Pandora Cools After Early Jump Following IPO – WSJ.com – Investor enthusiasm for Pandora Media Inc.'s much-hyped initial public offering ebbed as the hours ticked by Wednesday, with the stock losing its early momentum by the closing bell.