NASDAQ Market News

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. […]
 

Google Unveils Tablet (GOOG)

Jun 28 2012 @ 12:15
The tablet war just got interesting after search engine giant Google Inc. (NASDAQ:GOOG) unveiled its Nexus 7 tablet. GOOG introduced its tablet at its I/O developers conference in San Francisco. The tablet has been designed by the company and built by Taiwan-based Asus. The seven-inch tablet will be available for $199. With the Nexus 7, […]
 

Takeover Battle for Quest Software Heats Up (QSFT)

Jun 25 2012 @ 09:57
The takeover battle for Quest Software Inc. (NASDAQ:QSFT) is heating up, with the business-software company today announcing the receipt of a superior offer from a “strategic bidder”. QSFT, which received a $25.75 a share takeover offer from Insight Venture, last week, today said that it received a $27.50 per share takeover offer from a strategic […]
 

Dunkin’ Brands to Boost Legal Reserve After Losing Lawsuit (DNKN)

Jun 25 2012 @ 09:56
The parent company of Dunkin’ Donuts, Dunkin’ Brands Group Inc. (NASDAQ:DNKN) would boost its legal reserve in the current quarter after a court in Canada ruled against the company in a case filed by a group of Dunkin’ Donuts franchises in Quebec. The lawsuit was filed by the franchises in 2003. Ruling against Dunkin’ Brands, […]
 

Starbucks to Acquire La Boulange Bakery (SBUX)

Jun 05 2012 @ 10:24
Seattle-based Starbucks Corporation (NASDAQ:SBUX) on Monday announced that it entered into an agreement to acquire La Boulange bakery for $100 million in cash. The acquisition will enable SBUX to improve its food offerings. The acquisition of La Boulange comes as food continues to become an important part of SBUX’s revenue stream. Food segment now accounts […]
 

Apple’s “Intense Focus” on TV (AAPL)

May 30 2012 @ 10:38
After meeting with resounding success on products like the iPad, the iPhone and Mac over the years,  Apple Inc.’s (NASDAQ:AAPL) CEO, Tim Cook said in an interview yesterday that Company now wants to embark on a new area- television. While speaking in an on-stage television interview, hosted at D10 conference hall in California, Cook said […]
 

Facebook to Commence Trading Today (FB)

May 18 2012 @ 10:42
Social Networking giant, Facebook completed its initial public offering (IPO), the biggest ever in tech sector’s history and third biggest for a U.S. Company. The company raised $16 billion in its much-awaited IPO. No one in their wildest dreams would have ever imagined that a company born 8 years ago with no way to make […]
 
 
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