NASDAQ Market News

Facebook: Like it or Not?

Jul 13 2012 @ 10:53
On 1st July 2012, Facebook executives agreed to continue listing its stock on the NASDAQ exchange, despite struggling significantly since its IPO. In the first six weeks of public trading, Facebook’s share price (NASDAQ: FB) has dropped 19.02% with the company privately blaming NASDAQ for technical errors on the day of the IPO, as well […]

What is the Future for Google?

Jul 12 2012 @ 06:57
Google’s relatively high earnings per share ratio ($32.99) will interest many investors, with their beta rating (1.08), which measures a stock’s volatility relative to the market, is only slightly above the market average (1.00). These significant indicators identify Google of being in financial strength within the market. However, with the on-going investigations which could lead […]

Informatica Fails To Meet Second Quarter Earnings Estimations (INFA)

Jul 06 2012 @ 11:03
It’s not just the retail sector which has felt the heat owing to global economic slowdown and declining consumer spending.  The tech sector is also finding itself in precarious situation as businesses especially in the euro zone grapple with economic stagnation.

Seagate Lowers Q4 Outlook (STX)

Jul 06 2012 @ 09:41
Seagate Technology Plc (NASDAQ:STX), producer of a range of disk drive products, lowered its fourth-quarter revenue and margin outlook. STX’s fourth-quarter results were negatively impacted by quality issues at a supplier, and a faster-than-expected recovery in the hard disk drive market.

Netflix Rallies after Customer Usage Surges in June (NFLX)

Jul 05 2012 @ 16:41
Netflix Inc. (NASDAQ:NFLX) CEO Reed Hastings on Tuesday disclosed a huge spike in customer usage last month. The disclosure from Hastings sent NFLX stock sharply higher in trading today.

Costco Sales Jump in June but Miss Analysts’ Estimates (COST)

Jul 05 2012 @ 14:05
High rate of unemployment and steep fall in consumer spending amid economic slowdown took a toll on Costco Wholesale Corp.’s (NASDAQ:COST) revenues in June. Although the Company’s revenues rose in June, it was lower-than-expected.

Nothing is Wrong with Research In Motion Says CEO (RIMM)

Jul 03 2012 @ 16:28
It would be an understatement to say that BlackBerry maker Research In Motion Limited (NASDAQ:RIMM) is struggling. The Canada-based company has seen declining market share, delay in product launches, and worsening financial performance. But, Thorsten Heins, CEO of RIMM, still insists that nothing is wrong with the company.

Quest Software Agrees to be Acquired by Dell (DELL, QSFT)

Jul 02 2012 @ 10:12
Following weeks of speculation, personal computer maker Dell Inc. (NASDAQ:DELL) today confirmed that it would acquire Quest Software Inc. (NASDAQ: QSFT).

Lincare Board Recommends Linde’s Takeover Bid to Shareholders (LNCR)

Jul 02 2012 @ 10:11
The Board of Director of Lincare Holdings Inc. (NASDAQ:LNCR), a provider of oxygen, respiratory and other chronic therapy services to patients in the home, has recommended its shareholders accept the takeover offer from Germany-based Linde AG.

News Corp. Board Approves Plan to Split (NWS)

Jun 29 2012 @ 13:04
News Corp. (NASDAQ:NWS) on Thursday approved the company’s plan to split into two separate publicly traded companies. Under the planned split, NWS will separate its publishing, and media and entertainment businesses into two separate companies. Rupert Murdoch will be the Chairman of both companies, and will serve as CEO of the media and entertainment unit. […]
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