cash reserves

cash reserves

Judge Blocks Vote Over Preferred Shares

www.fastcompany.com
Greenlight Capital scored a major win over Apple executives in federal court this week. Greenlight Capital Inc. founder David Einhorn may have won a major battle against Apple, with a federal judge ruling in his favor on Friday to block an upcoming shareholders vote over preferred stock, Reuters reported....
Judge Blocks Vote Over Preferred Shares

Nokia Reports Sixth Straight Loss

online.wsj.com
Nokia reported its sixth consecutive quarterly loss, with depleted cash reserves, underlining how much it is relying on strong sales of a new lineup of smartphones. CEO Stephen Elop said it had been a "difficult" quarter....
Nokia Reports Sixth Straight Loss

David Einhorn Drops Case Against Apple

www.fastcompany.com
Move comes after the Greenlight Capital founder succeeded in getting a key vote off of the agenda for the shareholders meeting this week. Greenlight Capital founder David Einhorn dropped his much-talked about lawsuit against Apple over the issuance of preferred stock on Friday, All Things D reported. The hedge...
David Einhorn Drops Case Against Apple

Microsoft launches Windows 8 in 'defining moment' for Steve Ballmer

www.guardian.co.uk
Touchscreen-ready version of operating system seen as vital to move Microsoft away from fading PC market - and for chief executive's futureMicrosoft has unveiled Windows 8, a radical reinvention of the world's best-selling computer operating system for the touchscreen age, in what many believe could be chief executive Steven Ballmer's...
Microsoft launches Windows 8 in 'defining moment' for Steve Ballmer

Apple tops the UK in smartphone sales

www.guardian.co.uk
Apple's iPhone takes the lead ahead of RIM, as BlackBerry maker sees phone sales dwindleApple displaced BlackBerry-maker RIM as the best-selling smartphone maker in the UK in 2011, according to figures from the research company Gartner.The data flatly contradict RIM's claims earlier in February that it had secured the top...
Apple tops the UK in smartphone sales

Microsoft preparing to join Dell buyout

www.guardian.co.uk
The software giant wants a share of the world's third largest PC maker adding to its stakes in Apple and FacebookMicrosoft is in talks to invest up to $3bn (£1.9bn) in the private equity buyout of personal computer maker Dell, according to a US report.As the world's third largest PC...
Microsoft preparing to join Dell buyout

6 Ways Apple Could Spend $100 Billion [Update: Dividends, Buybacks]

www.fastcompany.com
Apple's CFO Peter Oppenheimer will take the stage this morning to talk about Apple's cash reserves and reveal what plans Apple has for the money. At last count the reserves were nearing $100 billion, and actually growing at a rate that defies belief despite the already impressive stash. During Steve...
6 Ways Apple Could Spend $100 Billion [Update: Dividends, Buybacks]
Apple's 'Spaceship' Campus Budget Reportedly Balloons To $5B, Will Look To Cut $1B Before Proceeding
After big layoffs, Chris Taylor will let the crowd vote: kill the Kickstarter now, or keep it going

News Corp. Q4 Sales Of $8.4B Miss Estimates, Takes $2.9B Charge On Publishing Business

techcrunch.com
News Corporation has just reported its quarterly earnings. For Q4 it had revenues of $8.4 billion with earnings per share of $0.32, down compared to the year before (Q4 2011 the company reported revenues of $9 billion). The earnings per share met analysts expectations, but revenues fell short, with analysts expecting...
News Corp. Q4 Sales Of $8.4B Miss Estimates, Takes $2.9B Charge On Publishing Business

Apple Will Tell Us Monday How It Plans To Use Its $100B In Cash

techcrunch.com
Everyone has been wondering what Apple will do with its outsized cash reserves — currently at just under $100 billion. Tomorrow the company will hold a conference call to tell the world what that will be. “Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call...
Apple Will Tell Us Monday How It Plans To Use Its $100B In Cash
Trulia is raising $150M to 'boost cash reserves' for acquisitions

Chip Maker Buys Rival in $939 Million Deal

allthingsd.com
Microchip Technology Inc. agreed to buy Standard Microsystems Corp. for about $939 million, the latest sign of market forces pushing mid-sized semiconductor makers together. The chip sector has many specialized vendors, some regularly hit by cyclical swings in the business. Others with ample cash reserves or borrowing power are snapping...
Chip Maker Buys Rival in $939 Million Deal

Google: Nearly half of Motorola value stems from patents

www.electronista.com
Almost half of Motorola Mobility's value lies in its patents, according to Google's estimates. The search giant recently submitted a SEC filing claiming that $5.5 billion of the $12.4 billion price it paid for the mobile firm was attributed to "patents and developed technology." A further $2.9 billion went towards...
Google: Nearly half of Motorola value stems from patents

Greenpeace says Apple powers iCloud with “dirty, 19th-century coal energy”

9to5mac.com
Despite Apple currently constructing one of the nation’s largest solar arrays and expanding its North Carolina data centers, Greenpeace has just released its “How Clean is Your Cloud” report claiming Apple, Amazon, and Microsoft “are powering their growing 21st-century clouds with dirty, 19th-century coal energy.” The organization is urging consumers...
Greenpeace says Apple powers iCloud with “dirty, 19th-century coal energy”

JUDGE GRANTS GREENLIGHT'S MOTION TO BLOCK APPLE VOTE (AAPL)

www.businessinsider.com
Hedge fund manager David Einhorn, the CEO of $8 billion Greenlight Capital who is battling Apple, just scored a win in Federal District Court in Manhattan.  According to Bloomberg News, the judge granted Greenlight's motion to block an Apple shareholder vote.  Greenlight said Apple is attempting to bundle three reforms,...
JUDGE GRANTS GREENLIGHT'S MOTION TO BLOCK APPLE VOTE (AAPL)

Engadget HD Podcast 291 - 03.20.2012

www.engadget.com
We've got a few special treats for you this week, as podcast listener and frequent commenter Andrew Beck joins us on the show. Later on, we have an interview with DTS VP of Corporate Strategy and Development David McIntyre stops by to discuss the latest developments with Ultraviolet and...
Engadget HD Podcast 291 - 03.20.2012

Activist investor David Einhorn drops 'iPrefs' lawsuit against Apple

www.guardian.co.uk
CEO Tim Cook had called attempt to force tech giant to redistribute $137bn cash reserves 'a silly sideshow'The activist investor David Einhorn has dropped a lawsuit against Apple that the company's CEO repeatedly called "a silly sideshow". Einhorn, however, had already won his point and is likely to continue to put...
Activist investor David Einhorn drops 'iPrefs' lawsuit against Apple

$110B in the bank and other monster numbers

9to5mac.com
Apple has just announced during its Q2 2012 earnings call that it currently has $110 billion in cash reserves up from $81.5 billion in September of 2011. Apple was also up in every other segment with $10.1 billion in short-term marketable securities (up form $16.1 billion), and long-term marketable securities...
$110B in the bank and other monster numbers

Nearly one third of Apple's market value is backed by pure cash

appleinsider.com
An after-hours sell off of Apple shares resulted in the company's effective market capitalization falling to $436 billion, just over three times the size of its growing cash reserves, now worth $137 billion....
Nearly one third of Apple's market value is backed by pure cash

Analysts: Nokia On Track To Burn Through Its Whole $6B Cash Pile In Next 2 Years

techcrunch.com
The Facebook IPO is expected to usher in a day of massive trading volumes on the markets, and some believe that might translate to a lift for some tech stocks. But one that could really use some help has just been served another course of bad press: Nokia is apparently...
Analysts: Nokia On Track To Burn Through Its Whole $6B Cash Pile In Next 2 Years

David Einhorn Massively Increased His Stake In Apple During Q4

www.businessinsider.com
Closely-followed hedge fund manager David Einhorn, the CEO of Greenlight Capital, added to his Apple stake in the fourth quarter, according to a 13F filing.  Greenlight owned 1,582,006 shares in Apple (275,000 of those are call options) at the end of Q4, the filing shows.  At the end of Q3,...
David Einhorn Massively Increased His Stake In Apple During Q4

Nobody Likes Tim Cook. Oh, Except Apple Customers. And His Peers

readwrite.com
Tim Cook took the helm of Apple on August 24, 2011. Since then, on average, Cook has increased Apple's market value by $110 million a day. Its shares closed yesterday a hair above $461, up 23% over his tenure so far. Sure, it's been a bit of a bumpy ride...
Nobody Likes Tim Cook. Oh, Except Apple Customers. And His Peers

TechForward Wins $27M In Lawsuit Against Best Buy Over Stolen Trade Secrets

techcrunch.com
Score one for the small guys. Startup TechForward just won a huge lawsuit against electronics retailer Best Buy over misappropriated trade secrets. The judge has awarded TechForward $22 million in damages, as well as another $5 million in punitive damages. Here’s the background. In 2009, Best Buy and TechForward, which...
TechForward Wins $27M In Lawsuit Against Best Buy Over Stolen Trade Secrets

Facebook Rumored To Be Buying Israeli Face Recognition Firm Face.com

www.fastcompany.com
News updates all day from your Fast Company editors.Over the weekend rumors began to swirl that Facebook was looking at spending about $100 million to buy Israeli startup Face.com to access its clever face recognition technology. Now it's suggested via GigaOm that the momentum for the deal is actually in...
Facebook Rumored To Be Buying Israeli Face Recognition Firm Face.com

The billion-dollar question: What should Apple spend its cash on? | Open thread

www.guardian.co.uk
Today Apple will reveal what it plans to do with its $100bn cash hoard. Can you think of ways the company should spend it?Today Apple will reveal what it plans to do with its $100bn cash reserves. Following its latest iPad offering last week and fans worldwide queuing up for...
The billion-dollar question: What should Apple spend its cash on? | Open thread

Apple's Braeburn Capital leaves Reno office, doesn't update address

appleinsider.com
Apple's Braeburn Capital subsidiary, which manages the company's vast cash reserves as its "asset management corporation," is no longer located at its last reported address....
Apple's Braeburn Capital leaves Reno office, doesn't update address

Boot up: Facebook's coming crash, iPhone gender balance, drive-by Android malware and more

www.guardian.co.uk
Plus what Almunia actually said about Google, Microsoft gets sorting, tablet starts, Ryanair's cookie trick and moreA quick burst of 7 links for you to chew over, as picked by the Technology teamThe Facebook Fallacy >> Technology ReviewMichael Wolff: Facebook is not only on course to go bust, but will...
Boot up: Facebook's coming crash, iPhone gender balance, drive-by Android malware and more

Nobody In Congress Dares To Close The Trillion Dollar Loophole That Apple, Google And Microsoft Use To Reduce Taxes

www.businessinsider.com
One recurring theme of the fiscal cliff debate is the desire to close certain loopholes in the tax code. Still, almost nobody in Washington has brought up closing one of the most significant loopholes - the Subpart F corporate tax loophole, which was detailed in a Senate report released in late September.  According...
Nobody In Congress Dares To Close The Trillion Dollar Loophole That Apple, Google And Microsoft Use To Reduce Taxes

With funds diminishing, WikiLeaks taps French payment gateway to reopen public donations

thenextweb.com
WikiLeaks has announced that after nearly 2 years of fighting the banking blockades imposed by US giants VISA and MasterCard, it has found a way around the ban and is now accepting donations again through these means. Just to recap, WikiLeaks suspended all publishing operations last year, to concentrate all...
With funds diminishing, WikiLeaks taps French payment gateway to reopen public donations
× Just a test of the new info bar. What do you think?