Hoping to keep its stock price above $1 per share and preserve its New York Stock Exchange listing, Furniture Brands International is asking shareholders to approve a reverse stock split. Shareholders were notified in a recent proxy ...
Tags: Furniture Brands, Furniture, Furnishing
Morris Chang, chairman and CEO of Taiwan Semiconductor Manufacturing Company (TSMC), noted in August 2012 that the firm had changed its position in relation to investments in solar cell maker Motech, shifting from strategic purposes to ...
Tags: solar industry, solar
Australian stocks have opened firmer, with the big supermarket chains and energy companies leading the broader market higher. At 10.26am AEDT, the benchmark S&P/ASX200 index was up 25 points, or 0.5 per cent, at 4991.5 points. The ...
Tags: Australian stocks, Stocks, benchmark
Debt-laden food manufacturer Premier Foods is probably “a zombie company”, according to City analyst Panmure Gordon. Premier Foods is ‘probably a zombie company’, said City analyst Panmure Gordon Its executive ...
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BlackBerry shares fell for the second day in a row after a disappointing US launch for the Z10 saw investment firm Goldman Sachs downgrade its rating for the Canadian firm. The downgrading comes just days before BlackBerry is set to ...
Tags: Blackberry, Computer Products, Consumer Electronics, smartphone
IDC predicted Tuesday on Tuesday that the Tablet PC shipments with Android operating system whose sales may exceed iPad this year for the first time. Although iPad and iPhone shipments will continue to grow rapidly, the rival Samsung ...
Tags: Tablet PC shipments, Android operating system, Flat Computer
While Michael Dell struggles to take his eponymously named hardware vendor private, BMC Software is set to be taken private in a takeover by a consortium of private equity interests. BMC, best known for its systems management software, ...
Tags: BMC Software, Computer Products
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
While U.S. markets have surged lately, with the Dow Jones Industrial Average hitting milestone after milestone in 10 straight days of advances, a relatively modest increase in the value of IT company shares reflects the reality that a ...
Tags: tech trends, tech sector, tech stocks
Samsung's new Galaxy S4 would be the "ultimate smartphone" if it ran Apple's iOS and accessed the Cupertino, Calif. company's app ecosystem, a clearly-impressed analyst said today. Others were less likely to think that Samsung's ...
The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark
The sharemarket continued its fall yesterday, dropping back below 5000 points even though European and US markets brushed off concerns that plans for a deposit tax in Cyprus could reignite the European debt crisis. The benchmark S&P/ASX ...
Tags: sharemarket, Stocks, European Debt
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark