Palm Shares Headed

Analyst: Palm Shares Headed to $0

Following a disappointing earnings report, a Wall Street analyst has cut his price target on Palm to $0. In other words, he believes the company’s shares will be worthless within twelve months. The report comes from Canaccord Adams technology analyst Peter Misek, who wrote this morning that, “We believe Palm’s troubles will only accelerate as carriers and suppliers increasingly question the … (News Source: Mashable - 16:06:51)

Stocks head for weak open as loonie jumps on inflation

The Canadian dollar was slightly higher Friday morning in the wake of data showing that the country’s annual inflation rate came in higher than expected in February. (News Source: Toronto Star - 12:56:24)

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