NASDAQ Market News

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 […]

Perform Group Streams Premium Sports Channels via Facebook

Apr 27 2012 @ 11:07
Digital media group Perform (LSE:PER) seeks to attract potential subscribers by streaming more than 50 digital sports channels to about 845 million subscribers of Facebook (NASDAQ:FB), the company announced Friday, April 27th. Perform launched LIVESPORT.TV, the company’s live, on-demand video portal of leading sports competitions, on Facebook today to allow people to connect and “watch […]

Google Announces Stock Split with Impressive Q1 Earnings

Apr 13 2012 @ 11:47
In an announcement made Thursday night, Google told investors that it would be splitting its stock in a move meant to preserve the senior leaderships’ control of the company. The decision came as the web powerhouse surprised analysts with higher than expected first quarter earnings. Net income was $2.89 billion, up 60% from the first […]

Facebook Files for IPO

Feb 02 2012 @ 09:46
Facebook (NASDAQ:FB) has filed for their S-1 documents with the Securities & Exchange Commission (SEC) on the 1st February, 2012, opening the door to the Initial Public Offering of stock in the wildly successful company. Founded only 8 years ago by Mark Zuckerberg, at that time a 19-year old Harvard student, the enterprise produced $3.7 billion in […]

Apple continues to grow at $46 Billion Record Breaking Revenues

Jan 25 2012 @ 11:02
A staggering US$46.3 billion worth of Apple products beat every market estimates on Wall Street as they reported their first quarter results for its’ 2012 fiscal year on Tuesday, 24 January 2012. A US$13.06 billion chunk of net profit in 14 weeks puts Steve Jobs legacy as one of the highest quarterly profits on record, […]
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