Before the bell: Higher but cautious ahead of tomorrow's jobs reportIt seems that Apple Inc.'s (NASDAQ: AAPL) Jobs perfectionism isn't so perfect lately. In the past 24 hours, there have been reports that a number of the new iMacs have been freezing. These are screen freezes, with the exception of the mouse pointer, when underneath the computer keeps running. Meanwhile, it seems that perhaps Apple wasn't intentionally bricking hacked iPhones, perhaps the software update was just a bad one as even non-hacked phones have been known to brick after the update.
It seems that Google Inc's (NASDAQ: GOOG) efforts in China have paid off. Today the search giant said it is closing the gap with rival Baidu.com (NASDAQ: BIDU) in the second largest internet market in the world. Google has increased its market share after it announced its partnership with Sina Corp (NASDAQ: SINA).
eBay Inc (NASDAQ: EBAY) said it has acquired Afterbuy.com, which enables professional trading on eBay's German Website and other online marketplaces. Terms of the agreement were not disclosed.
Family Dollar Stores Inc. (NYSE: FDO) today said fourth-quarter net income rose 17% to $37.8 million, or 26 cents a share. Analysts expected earnings of 25 cents a share, according to a survey by Thomson Financial.
Microsoft Corp's (NASDAQ: MSFT) CEO said Steve Ballmer said at a press conference in Zurich that he did not rule out further acquisitions of a similar size to web advertising firm aQuantive ($6 billion).
Research In Motion Ltd. (NASDAQ: RIMM) is expected to post earnings after the close today. Analysts expect a per-share profit of 50 cents for the second quarter. Shares are up some 1.8% in premarket trading ahead of earnings.
Countrywide Financial Corp (NYSE: CFC) was ordered to give confidential information about its stock-grant practices to a pension fund, according to the Los Angeles Times web site.
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