stock markets

stock markets

US earnings season provides spring boost for Obama

www.guardian.co.uk
Google, Alcoa and JP Morgan announce better-than-expected first-quarter earnings – but stock markets remain nervousThe spring chill some feared would once again sap the US's fragile economic recovery appears to have held off as American firms have reported better-than-expected first-quarter earnings.The earnings season started in earnest this week with Alcoa,...
US earnings season provides spring boost for Obama
Pandora's Q1 Earnings Beat Wall Street Expectations, Revenue Soars To $126 Million

Salesforce Shares Reach All-Time High As Stock Pops 7.2% In Wake Of Favorable Earnings

techcrunch.com
Salesforce shares (NYSE:CRM) are trading today at their highest price ever — $181.46 a share. It represents a 7.23 percent increase compared to yesterday’s closing price. Today’s trend is directly related to Salesforce’s fourth-quarter earnings. With revenues up 32 percent year-over-year, the company could become a profit-making venture in the...
Salesforce Shares Reach All-Time High As Stock Pops 7.2% In Wake Of Favorable Earnings

Today in Tech: Facebook’s secret smartphone

tech.fortune.cnn.com
The latest on Facebook’s secret smartphone efforts; why the social network’s co-founder Eduardo Saverin doesn’t resent Mark Zuckerberg. Facebook tries, tries again on a smartphone [THE NEW YORK TIMES] The company has already hired more than half a dozen former Apple software and hardware engineers who worked on the iPhone, and one...
Today in Tech: Facebook’s secret smartphone

False AP Twitter Post Sparks a Selloff

online.wsj.com
The Associated Press said its Twitter account was compromised, resulting in a false message on the service that explosions in the White House had injured Obama. The message briefly sparked selloff on U.S. stock markets....
False AP Twitter Post Sparks a Selloff

'Mint the coin': why the platinum coin campaign doesn't even work as satire

www.guardian.co.uk
Twitter's call for the Treasury to mint a $1tn coin to solve the debt crisis has all the charm and logic of a mad scientist's plotTwitter is a great news source and a hotbed of idea generation. But one of its major downsides is that it allows cranks and trolls...
'Mint the coin': why the platinum coin campaign doesn't even work as satire

Dell founder takes PC maker private in $24bn buyout

www.guardian.co.uk
Deal involving Michael Dell, Microsoft and group of investors is largest of its kind since 2007 credit crunchPersonal computer maker Dell is selling itself for $24.4bn (£15.5bn) to its founder Michael Dell and a group of investors that includes Microsoft.The deal is the largest of its kind since the 2007...
Dell founder takes PC maker private in $24bn buyout

Facebook founder faces lawsuits as questions mount over IPO

www.guardian.co.uk
Shareholders have filed a lawsuit accusing Facebook's Mark Zuckerberg and his advisers, including Morgan Stanley, of concealing from them a 'severe and pronounced reduction' in revenue growthFacebook's initial public offering was meant to fuel a technology-led resuscitation for sickly Western stock markets. But three days after being transplanted from the...
Facebook founder faces lawsuits as questions mount over IPO

It’s all just bits

www.extremetech.com
bit [bit] noun 1. A single, basic unit of information, used in connection with computers and information theory. A binary digit.Modern society is ruled, dominated, and slavishly beholden to one of mankind’s most simple machinations: The binary digit. Whether it is a flash of light, surge of electrons, or rug...
It’s all just bits

Stop Bashing the IPO Market -- It's Ripe for Recovery

allthingsd.com
Image copyright pupunkkopToday’s IPO market is only a shadow of what it was in the mid-to late 1990s. The question is why? Can we bring it back? Do we want to bring it back? The IPO is the lifeblood of our stock markets; it’s the vehicle that helps bring capital,...
Stop Bashing the IPO Market -- It's Ripe for Recovery

Investor Reaction to CEO Tim Cook's Dramatic Management Upheaval at Apple Will Be Delayed by Sandy

allthingsd.com
Some news cannot wait, of course, and sources at Apple said it had planned to release news of the sudden exit of Scott Forstall, one of its major execs, this afternoon. But due to the Hurricane Sandy — which was poised to hit landfall in central New Jersey just...
Investor Reaction to CEO Tim Cook's Dramatic Management Upheaval at Apple Will Be Delayed by Sandy

What Is Novell Worth? $2 Billion, Apparently

gigaom.com
Elliott Associates, L.P., a hedge fund with a significant position in shares of Novell, after the close of trading in U.S. stock markets today placed an unsolicited offer to buy the open source-focused software company for close to $2 billion. The offer places a high valuation on Novell, and is...
What Is Novell Worth? $2 Billion, Apparently

AP returns to Twitter after hack -- but where are its 2 million followers?

gigaom.com
The Associated Press is back on Twitter after yesterday’s hacking incident, which roiled financial markets with a fake tweet about explosions at the White House. But something is still amiss — the news agency has almost 2 million fewer followers than it did before the hacking. In case you missed...
AP returns to Twitter after hack -- but where are its 2 million followers?

Facebook shares fall below $30 as US authorities begin investigation into IPO

www.guardian.co.uk
Shares continue to slump on Wall Street as lawsuits against founder Mark Zuckerberg allege company misled investorsFacebook's shares dipped below $30 Tuesday as the company's shares hit new lows and continued to struggle in the wake of its massive initial public offering (IPO).Even as US stock markets bounced back from...
Facebook shares fall below $30 as US authorities begin investigation into IPO

China's online retailer LightInTheBox sets IPO terms, could raise up to $87 million

thenextweb.com
Beijing-based online retailer LightInTheBox has set its IPO terms in a filing to the U.S. Securities and Exchange Commission on Thursday, as it moves closer to becoming the first Chinese company to list in the U.S. this year. The firm will offer 8.3 million American Depositary Shares in the IPO,...
China's online retailer LightInTheBox sets IPO terms, could raise up to $87 million
AP's Twitter account suspended after hacking incident roils markets

Another Reason We Need Open Government Data: To Avoid Information Asymmetries

www.techdirt.com
Can the future aggregate actions of people be predicted from relevant sets of data that describe them? That, of course, is what Isaac Asimov's invented mathematical discipline of psychohistory was supposed to do. Some Japanese researchers claim to have made some progress towards that goal: These guys have used ideas...
Another Reason We Need Open Government Data: To Avoid Information Asymmetries

Sorting Through The Facebook IPO-Related Rumors

www.allfacebook.com
There’s no shortage of speculation and rumors about Facebook’s upcoming initial public offering, some of it plausible, some of it not so much. First off, the Wednesday date that has been making the rounds from several sources does not mean that the actual IPO will occur Wednesday or Thursday. If anything...
Sorting Through The Facebook IPO-Related Rumors

On the frontline of the fight against cybercrime

www.guardian.co.uk
Symantec's Dublin hub, with 800 workers including 60 in its security division, plays a key part in global computer securityInside the tightly controlled security area of Symantec's Dublin headquarters, a screen on the wall flashes up hacking hotspots as they are detected around the world. Last year the company estimated...
On the frontline of the fight against cybercrime

Groupon shares nosedive as investors sell in reaction to slowing sales

www.guardian.co.uk
Daily discount website that once grew rapidly faces declining momentum as shares fall 25% to an all-time low of $5.60Shares in Groupon plummeted Tuesday as the firm once billed as "the fastest growing company ever" said sales had slowed.The daily deals site reported its first-ever quarterly profit as a public...
Groupon shares nosedive as investors sell in reaction to slowing sales

William Faulkner estate sues Sony over Midnight in Paris line

www.guardian.co.uk
Faulkner Literary Rights, LLC, claims Sony did not seek permission to quote snippet in Woody Allen's hit comedySony Pictures Classics and a group of movie exhibitors are the subject of a copyright infringement suit filed against them by the estate of the author William Faulkner. The suit centres on a...
William Faulkner estate sues Sony over Midnight in Paris line

Hewlett-Packard Shares Hit 52-Week Low, Approach 2005 Levels

allthingsd.com
On a day during which both major stock markets saw their values fall by about 2 percent, share of Hewlett-Packard doubled down, closing off more than 4 percent and setting a 52-week low in the process. HP shares closed today at $20.30, down 86 cents, or more than 4 percent....
Hewlett-Packard Shares Hit 52-Week Low, Approach 2005 Levels

3 High-Flying, High-Priced Tech Stocks Are Tanking

www.businessinsider.com
Three of the most widely followed and high priced stocks have gotten taken out to the woodshed over the last week.  Below is a list of the Russell 3,000 stocks that trade over $200/share.  As shown, Apple (AAPL) and Priceline.com (PCLN) are both off roughly 7.7% over the last five...
3 High-Flying, High-Priced Tech Stocks Are Tanking

US stock markets down after string of record closing highs in March

www.guardian.co.uk
Apple is drag on both S&P 500 and Nadsaq 100 and trades are down as markets pull back from end-of-the-month highsUS stocks fell on Monday in one of the lightest volume days of the year, pulling back after the S&P 500's record closing high last week and weaker-than-expected US manufacturing...
US stock markets down after string of record closing highs in March
Swipp emerges from stealth to launch ambitious social sentiment platform

Facebook IPO: social network makes stock market debut – live blog

www.guardian.co.uk
Facebook to sell shares at $38 as it begins trading on the Nasdaq stock exchange in the biggest technology flotation ever8.30am ET: Mark Zuckerberg will ring the bell for the opening of the Nasdaq stock market at 9.30am as he kicks off a share sale that will value the company...
Facebook IPO: social network makes stock market debut – live blog

Facebook’s market debut draws criticism from lawmakers

www.washingtonpost.com
Facebook, the social network that began eight years ago in a Harvard dorm room, will debut Friday on the stock markets having raised $16 billion, making it the third largest initial public offering in U.S. history. Read full article >>...
Facebook’s market debut draws criticism from lawmakers
Please 2013, be the year of "shut up and work"

Barnes and Noble shares climb 20% following Microsoft rumours

www.guardian.co.uk
The American book retailer saw its shares climb following reports Microsoft are considering offer to acquire Nook businessShares in America's biggest books retailer Barnes & Noble climbed nearly 20% yesterday after a report that Microsoft is considering an offer to acquire its Nook business - B&N's tablet and e-book business...
Barnes and Noble shares climb 20% following Microsoft rumours

Unthinkable? An end to Facebook-style flops | Editorial

www.guardian.co.uk
We need to explore other options for flotations to change this rotten system that has only enriched insidersIn an ordinary year - one not marked by Britain's double-dip, the euro crisis and a possible change of guard in Washington - the collapse in Facebook's stock would be one of the...
Unthinkable? An end to Facebook-style flops | Editorial
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