Activist investor Carl Icahn fired off word on Tuesday that he beefed up his Apple stock holdings by a half-billion dollars as the share price dipped. "Just bought $500 mln more $AAPL shares," Icahn said in a message on Twitter. "My ...
Tags: Apple, buyback, shareholder, AAPL
Yahoo was the most popular online venue visited from US desktop computers in December as modern lives increasingly revolve around using mobile devices to connect with the Internet. Yahoo continued to hold a crown it claimed in August of ...
Tags: Yahoo, Consumer Electronics
Optoelectronic component maker rises on record sales as data centers demand more optical technology. Photonic component and subsystem manufacturer Finisar has delivered an all-time record for revenues in its latest quarter, thanks to ...
Tags: Billion-Dollar Sales
Veeco Instruments has characterized a marginally improving market for its MOCVD reactors used in LED manufacturing, along with details of new orders from Sanan Optoelectronics and KaiStar Lighting. Veeco Instruments has released limited ...
Tags: Electrical, Electronics, Lights, Lighting
A strong stock market could open the floodgates for more tech IPOs in the wake of Friday's solid debut of Marketo and Tableau, but not all segments of IT may be able to ride the wave. Marketo, which sells cloud-based marketing software, ...
Increasing confidence in the economy and a rising stock market could lay the groundwork for a revival in tech-sector mergers and acquisitions as companies embrace cloud technology and pursue game-changing software, particularly for the ...
Tags: Wall Street
Dell has received two counter-offers related to its plans to go private, with rival bids coming in from private equity fund manager Blackstone and entities associated with investor Carl Icahn. Reports of the offers surfaced in recent ...
Tags: Dell, Blackstone, Icahn Group
Research In Motion’s (RIM) stock prices soared this week, following speculation, rumours and high hopes about the upcoming BlackBerry 10 launch next week. RIM’s stock price has been languishing in the $11-$12 range on the ...
Facebook has paid far lower than the announced $1 billion in cash and stock for photo-sharing app Instagram, following a drop in its share price. The social networking company said in its Form 10-Q quarterly report to the U.S. Securities ...
Tags: Facebook, cash, stock, share price
Facebook, under extreme pressure to cheer up its disappointed investors, posted revenue growth of more than 30 percent in its third quarter on Tuesday, and beat Wall Street expectations, but also recorded a loss. Facebook’s revenue ...
Tags: earnings, Facebook, growth, Mark Zuckerberg, wall street
Facebook,which had been in the doghouse with Wall Street since it went public,wowed investors with its third-quarter report on Tuesday,in particular with its improvements and early results in the crucial mobile market. Facebook ...
Tags: Zuckerberg Dazzles Wall Street, Facebook, mobile market
NEW YORK, NY (BRAIN) — GPS giant Garmin Ltd. will be included in the S&P 500 index starting Thursday, the company announced. Garmin is traded on the NASDAQ exchange under the ticker symbol GRMN. The company will replace Chicago ...
Tags: GPS, Garmin Ltd., share, bond
American food company Kraft Foods has announced that its board of directors have approved the spin-off of its North American grocery business. The spin-off is scheduled to be completed on 1 October 2012. The split will result in the ...
Backlog at Electro Scientific Industries swells to a six-year high on new design wins,prompting 20%stock bounce. ESI stock:up 20%on positive outlook Electro Scientific Industries(ESI),the provider of laser systems used in a variety ...
Tags: ESI, Laser, semiconductor, consumer electronics, LED
"Only reason for recent weakness in stock price is the re-balancing of the Russell 3000 Index." All smiles:Biolase booth at the American Dental Association meet in Las Vegas(November,2011). Dental laser manufacturer and distributor ...
Tags: Biolase, Russell 3000 Index, Nasdaq exchange, laser