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HONG KONG (MarketWatch) - Samsung Electronics Co.'s latest 3G handset is set to reach a milestone of unit shipments faster than had been anticipated, according to research by Macquarie Securities, which cited contact with component suppliers for the device. Samsung's Galaxy S III, due to launch in Europe later in May, should reach the 10 million mark in terms of global total shipments in the third quarter, about five months earlier than the Galaxy S II from the time of its launch, and seven months earlier than the Galaxy S, according to Macquarie. Macquarie said its forecasts of 3G handset

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shipments by Samsung this year now appear too conservative. "We believe the GS3 has little competition in the premium smartphone market until Apple's widely expected launch of the next iPhone in September," The broker also presented graphical data as showing that Samsung's share of the global smartphone market is set to rise while Apple Inc.'s share is to flatten. Samsung shares ended Thursday's session in Seoul down 1.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.





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SAN FRANCISCO (MarketWatch) -- At least 13 people were injured, six critically, when a three-story building exploded Wednesday morning in Minneapolis, according to media reports. There were no early reports on a possible cause. Officials said the building had a grocery store on the street-level floor and apartments on the two floors above.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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SAN FRANCISCO (MarketWatch) -- Shares of alternative energy company First Solar Inc. rose 4.6% on Wednesday, topping S&P 500 stocks, on the heels of a ratings upgrade. Analysts at Raymond James lifted their ratings on First Solar to market perform from underperform as part of a sector upgrade. Most solar stocks are down recently, but the weakness is a "sign of more rational trading," and the downside is limited, the Raymond James analysts said. The company also upgraded to market perform SunPower Corp. , U.S.-listed shares of Suntech Power Holdings , and U.S-listed shares of Trina Solar L

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td. .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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LONDON (MarketWatch) -- Only one member of the Bank of England's Monetary Policy Committee wanted to make changes to the bank's 375 billion pounds ($593.66 billion) asset-purchase program, according to minutes from the latest meeting released on Wednesday. David Miles voted against the proposition to leave the program unchanged, preferring to boost the size by a further £25 billion to a total of £400 billion. Additionally, the nine members voted unanimously to keep the central bank's key lending rate at a record low of 0.5%. "Market developments in the first week of January had been consist

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ent with greater confidence that some of the major tail risks facing the global economy had been reduced," the minutes from the January meeting said.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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SAN FRANCISCO (MarketWatch) -- Canadian shares rallied Tuesday, lifted by rebounding commodities prices that propelled mining and energy stocks higher. The S&P/TSX Composite index gained 134 points, or 1.2%, to 11,561 points. In economic news, Statistics Canada said Canadian retail sales posted a monthly drop of 0.6% in July, reversing a 1% gain in June. Results fell short of analysts' expectations of a 0.7% gain. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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SAN FRANCISCO (MarketWatch) -- Shares in U.S. Natural Gas Fund, an exchange-traded fund that tracks the prices of natural gas futures, edged higher in heavy volume after the close of regular trading Friday. UNG shares gained 0.5% to $11.45 as more than 24 million shares traded hands, making the stock one of the most active in the late-trading session. The rise added to a 3.3% gain in the regular session. On Friday, November natural-gas futures rose 25.2 cents, or 5.6%, to $4.718 per million British thermal units.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and marke
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ts as they move. Visit MarketWatch.com for more information on this news.



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SAN FRANCISCO (MarketWatch) -- JetBlue Airways Corp. said Tuesday that September traffic rose 9.8% to 1.92 billion revenue passenger miles from 1.75 billion a year ago. A revenue passenger mile equals one passenger flown one mile. September capacity increased 8.6% to 2.47 billion available seat miles from 2.28 billion last year. Load factor, or the percentage of seats filled with passengers, for September rose to 77.6% from 76.7% a year ago.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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SAN FRANCISCO (MarketWatch) -- Dell Inc. and AT&T Inc. will team up and launch a smartphone using Google Inc.'s Android operating system, The Wall Street Journal reported Wednesday on its Web site. Dell and AT&T expect to launch the phone in early 2010, according to the Journal.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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SAN FRANCISCO (MarketWatch) -- Torchmark Corp. said Friday its board raised the quarterly dividend to 15 cents from 14 cents. The dividend is payable Feb. 1 to shareholders of record as of Jan. 6.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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SAN FRANCISCO (MarketWatch) -- Regulators closed Chicago-based Corus Bank N.A. and Woodbury, Minn.-based Brickwell Community Bank on Friday, bringing the number of U.S. bank failures this year to 91. Corus had $7 billion in assets and $7 billion in deposits as of June 30, the Federal Deposit Insurance Corp. said in a statement. Corus' deposits have been assumed by MB Financial Bank , the FDIC said. Brickwell Community Bank had $63 million in deposits as of July 24, the regulator said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.c
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