Posts tagged as: nasdaq

China Mobile Games goes public in the US, initial value set at $3.90 a share

China Mobile Games and Entertainment Group went public in the US at NASDAQ this Tuesday. The company enlisted at the stock exchange in an unorthodox way. Most company go public with the traditional initial public offering approach, collaborating joining hands with several investment banks as undertakers. However, China Mobile Games took on the CMGE ticker […]

Research in Motion freeze share trade at Nasdaq for fifteen minutes

The company is expecting operating losses in the first fiscal quarter, says CEO Thorsten Heins The beleaguering smartphone manufacturer, Research in Motion, froze the trade of its shares at Nasdaq on Tuesday. The trading however, started again after a fifteen minute interval. In a statement CEO Thorsten Heins released to explain the action taken, he […]

Facebook IPO: What’s next in agenda for Mark Zuckerberg and his team?

Facebook is in the stock market, officially. What the company brings is an extra capital boost to its already-thriving enterprise, the social network that has around 900 million subscribers. The first day of trading gave the company an extra capital gain of $16 Billion, closing the trade at $38.23 a share. At the day’s start […]

Facebook goes public, stock takes a hike at $41 and closes at $38.23

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Amazon soars as digital sales boost margins

(Reuters) – 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 in Amazon leapt 15 percent on Friday after it reported first-quarterearnings and margins well above investors’ most bullish […]

Apple’s growth hinges on China, new devices

(Reuters) – Sometimes even eye-popping results are not enough. Apple Inc’s shares rallied on Wednesday on the back of another spectacular quarter that included soaring iPhone sales in China, but the naysayers are still asking if the most valuable American company might need yet another revolutionary product in the next year to sustain its sizzling growth. […]

Facebook expected to initiate filing process at Securities and Exchange Commission in January – Part 1

Once rumoured to initiate the filing process in December, Facebook—the social network—is nowhere near the process to go public. The anticipated Initial Public Offering from the company is expected at the end of the second half of calendar year 2012. However, if Facebook needs to go public by the end of May or somewhere in […]

Facebook expected to initiate filing process at Securities and Exchange Commission in January – Part 2

It took Groupon five months from filing to IPO, she notes, but in that case there were thorny accounting questions that the SEC required the company to work out.  Zynga’s path took about the same, while LinkedIn made it to market in a brisk three and a half months after filing its S-1. Facebook’s financial […]

Research In Motion refused the offer from for a financial ‘help’ – Part 2

Maybe they have some eggs left in the basket but the way HTC and Apple are moving ahead in the mobile communications business and the way Samsung is giving the Americans and Taiwanese a hard time, it is unlikely RIM will be able to retain its customer base, US President being one of them, in […]

Research In Motion refused the offer from for a financial ‘help’ – Part 1

Research In Motion are in financial troubles of late and there is a possible acquisition expected in the near future by some experts. However, RIM itself is conducting business against all odds and is stubborn in solving the problems own its own, which is shocking. The Canadian company’s major-sale product is the Blackberry smartphone, which […]

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 2

The company announced in addition that the board has approved of the repurchase of $5 Billion worth of common stock. Moreover, the company also mentioned that it has recruited around 1700 new employees in the first quarter of the fiscal year. CFO Safra Catz told the media in clearance of not achieving the target: Co-President […]

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 1

Oracle Corporation is in the thick of troubles during the first fiscal quarter. Although the company showed profits in the fiscal second quarter of November, they were not up to the target set by the company. Moreover, the realistic estimation of profits set by Wall Street for profits of the company last month were also […]


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