Two of the big four accountancy firms have been named in a new lawsuit claiming damages for HP shareholders following the write-down of Autonomy. HP bought Autonomy in 2011 for $11.7bn, but last week claimed former managers at the UK ...
Tags: HP, Autonomy, SEC, UK software
New York Stock Exchange officials have notified Furniture Brands International that it could be delisted from the exchange if its common stock fails to meet its continued listing criteria over the next six months. The manufacturer and ...
Tags: New York Stock Exchange, Furniture Brands International, NYSE, Furniture
Computerworld - Google's decision to cut 20% of the workers from its Motorola Mobility unit re-ignited fears that Google was primarily after the 17,000 patents Motorola held when it was acquired in May. "Everyone at Motorola is asking [if ...
Tags: Motorola Mobility, Google, smartphone, tablet
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales. Electrical fault? The CEO of FLIR Systems has described the thermal imaging company's second financial quarter of 2012 as"extremely ...
Tags: FLIR Systems, infrared imaging, profit, cost-saving, Optic
Facebook plans to start charging businesses to run targeted ads in its Facebook Offers daily deals service. The social network also is allowing businesses to add unique codes to their ads for better tracking of ad results. Facebook also ...
Tags: Facebook, charging businesses, ads, Facebook Offers
With so many moving variables in the rare earth space, how can investors evaluate investment opportunities? Siddharth Rajeev of Fundamental Research Corp. finds his top prospects by zeroing in on a specific material and tracking its growth ...
Tags: Rare Earth, Rare Earth Metals, rare earth export, Critical Metals
BlackBerry 10 smartphones, delayed until early 2013, will have the "best browsers in the industry" and will come in touchscreen-only models as well as those with traditional physical keyboards, a Research In Motion executive said Thursday. ...
Tags: RIM, BlackBerry 10, smartphones, management software
Sharp is displaying for the first time tablet displays based on its IGZO technology at the CEATEC electronics show outside of Tokyo, amid persistent rumors Apple will use the displays in its upcoming tablets. The Japanese manufacturer, ...
Tags: Sharp, tablet, IGZO technology, CEATEC electronics, Apple, iPad mini
Any boost Facebook got a few weeks ago from CEO Mark Zuckerberg's first public comments since the company went public, seem to have dissipated. The social network's stock price took a quick tumble today, dropping by about 10% just after ...
Tags: Facebook, CEO, Mark Zuckerberg, Barron, stock
After a fiscal year in which it was hit by slumping metal prices and floods in Thailand, II-VI reports mixed demand trends. The diversified optics and materials company II-VI has reported sales of $534.6 million for its fiscal year ...
As their company's stock continued to slump, Facebook executives had to face not one but two other pieces of tough news this week. Just as an angry third-party developer blasted Facebook's allegedly high-handed negotiation tactics in an ...
Tags: Fake Users, Angry Developer, Facebook, Bad Week
Japan's Sharp, one of the world's largest makers of LCD panels and a supplier of displays for Apple products, has taken the rare step of mortgaging its factories and buildings to secure an emergency loan from its main banks, a spokeswoman ...
Tags: Sharp, Japan, LCD panel, electronics industry
Organic LED materials specialistUniversal Display Corporation (UDC) has slashed its sales guidance for 2012, blaming push-outs of OLED TV production for the shortfall. Nearly one-third of the stock value of New Jersey-based UDC was lost ...
Tags: Organic LED, sales, OLED TV production, company news
Apple reported Monday that it had sold a "record" 2 million units of the new iPhone 5 during its first three days of sales in China–a report that emerged as Wall Street analysts downgraded the Apple's stock because of perceived ...
Tags: Apple, Street analysts, stock, weekend sales
The CEO of Brocade Communications has announced plans to retire from the company, even as the storage networking vendor reported increased profits for the quarter just ended. Michael Klayko has been CEO of Brocade since 2005. The company ...
Tags: CEO, Brocade Communications, storage networking vendor, Michael Klayko