SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares.
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Dell results disappoint Street, shares dive
Posted by cagan 3 days ago (http://www.reuters.com)
Facebook shares sink 11 percent as reality overtakes hype
Posted by murat 4 days ago (http://news.yahoo.com)
(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks. Facebook's debut was beset by problems, so much so that Nasdaq said on Monday it was changing its IPO procedures. That may comfort comp
Discord at JPMorgan Investment Office Blamed in Huge Loss
Posted by kagan 6 days ago (http://www.nytimes.com)
Trans-Atlantic tension in JPMorgan Chase’s chief investment office contributed to the unit’s giant losing trades, current and former bankers said.
SUBSCRIBE to Next Media Animation: www.youtube.com Facebook has gone public in an IPO that could raise more than $18 billion. Facebook priced its IPO at $38 per share and is selling 180 million shares in the IPO. The shares notched up big opening gains amid high demand and frenzied trading on the NASDAQ stock market under the ticker FB. Facebook: www.facebook.com Webpage: www.nma.tv Twitter @nmat
Yahoo shares climb on report Alibaba deal near
Posted by murat 6 days ago (http://news.yahoo.com)
(Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, ac
DealBook: Facebook Shares End Day With Scant Gain
Posted by kagan 7 days ago (http://dealbook.nytimes.com)
After initially rising 11 percent on its first day, the stock closed at $38.23, just above its offering price, in heavy trading.
Insight: Who got Facebook IPO shares? Fairness may not come into it
Posted by murat 8 days ago (http://news.yahoo.com)
NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long
Fab.com Shares What Facebook Friends Are Buying
Posted by murat 9 days ago (http://feeds.mashable.com)
Ecommerce shop Fab.com is an industry game changer, deeply integrating social media into its unique way of selling tech gadgets, tailored dresse…
DealBook: JPMorgan’s Trading Loss Is Said to Rise at Least 50%
Posted by kagan 9 days ago (http://dealbook.nytimes.com)
Hedge funds and other investors taking advantage of JPMorgan Chase’s distress have fueled faster deterioration in the underlying credit market positions held by the bank.
Groupon makes first profit, shares surge
Posted by murat 11 days ago (http://news.yahoo.com)
SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher. The fledgling company started by music graduate Andrew Mason, which had lost half its value this year on concern about waning demand for its daily deals and persistent accounting problems, on Monday surpass
Watch London Olympic tower rise
Posted by kagan 12 days ago (http://edition.cnn.com)
Watch the Anish Kapoor designed, ArcelorMittal Orbit tower rise from the ground in the middle of London's Olympic Park.
Sony shares slide 7 percent to 32-year low, results disappoint
Posted by cagan 15 days ago (http://www.reuters.com)
TOKYO (Reuters) - Sony Corp shed more than 7 percent to hit a near 32-year low on Friday, a day after it posted a record annual loss of $5.7 billion and failed to convince investors that it has a sound strategy to turn around its loss-making TV business and boost smartphone sales.
'Big Four' earn a pay rise
Posted by kagan 28 days ago (http://edition.cnn.com)
Lower-ranked players will earn more than ever at Wimbledon this year after the "Big Four" of men's tennis helped negotiate a pay rise.
Amazon wins some skeptics over, shares surge
Posted by murat 28 days ago (http://news.yahoo.com)
SAN FRANCISCO (Reuters) - Amazon.com Inc's stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company. Shares of Amazon leapt 16 percent on Friday, after it reported first-quarter earnings and margins late on Thursday that were well above investors' mos
Shares edge up; Spain downgrade caps gains
Posted by cagan 29 days ago (http://www.reuters.com)
TOKYO (Reuters) - Asian shares edged higher on Friday on firm U.S. data, but a two-notch downgrade of Spain's credit rating capped gains, while fresh easing measures by the Bank of Japan briefly pushed Tokyo stocks up over 1 percent and the dollar above 81 yen.
Amazon's streak of Fire ignites shares
Posted by murat 29 days ago (http://news.yahoo.com)
(Reuters) - Amazon.com Inc's quarterly results beat Wall Street's most bullish expectations as heavy spending by the world's largest Internet retailer began to pay off through sales of more digital products on its new Kindle Fire tablet. Amazon shares surged almost 15 percent, increasing the company's market value by more than $10 billion and boosting the stake of Chief Executive Jeff Bezos by al
Wal-Mart shaken by bribery probe, shares plunge
Posted by cagan 32 days ago (http://www.reuters.com)
CHICAGO/MEXICO CITY (Reuters) - Wal-Mart Stores Inc lost $10 billion of its market value on Monday on concerns that a bribery investigation in Mexico could be very costly and hinder its plans to grow.
Shares fall on European political uncertainty
Posted by cagan 32 days ago (http://www.reuters.com)
TOKYO (Reuters) - Asian shares fell and the euro was under pressure on Tuesday as political uncertainty and slumping business in Europe raised fears the euro zone could struggle to push through austerity measures and may stay in recession longer.
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