Posts tagged as: shares

Government to offload remainder of UBL Shares


The CCOP (Cabinet Committee on Privatization) has agreed to sell-off the remaining 20% shares of UBL held by the government. This would be the first privatization deal to be made for nearly a decade. This decision was made following the sanctions made by the International Monetary Fund (IMF), following their approval of the $6.7 Billion […]

Facebook reaches a billion monthly users, report says

Facebook reached the pinnacle of social networking by grabbing attention of a billion people around the world. The company has registered 1 Billion monthly global users, a recent report said. CEO Mark Zuckerberg was also there to comment on the milestone achieved. “Helping a billion people connect is amazing, humbling and by far the thing […]

Netflix up on stocks after getting encouraging reviews from analysts

Netflix, the online video service provider was up 8 percent in the stock market after receiving positive analyst reviews. The company has mostly been on a slide down from $300-plus, a year ago, and currently trades at the $61 due to uncertainty in the consumer market. However, some of the analysts have observed some changes […]

RIM Q2 results: investors savvy, shares rise

Shares of BlackBerry maker Research In Motion were up 11% in early trading Friday after the company late Thursday posted Q2 results that beat Wall Street expectations. For its fiscal second quarter ended Sept. 1, the smartphone maker reported revenue of $2.9 billion, above consensus estimates of $2.5 billion of analysts polled by Thomson Reuters. […]

DirecTV hits all-time high after upgraded ratings

Satellite television broadcaster DirecTV was up 2 percent in stock market, hitting an all-time high. Hudson Square Research upgraded the stock rating from hold to buy after seeing a profitable business at the company. The stock was trading in the vicinity of $53 a share but the report from Hudson Square incited investors to tot […]

Apple misses initial sales figures over the weekend, down in the stock market

Apple shares were down Monday for the first time in eight days after the company released report on first weekend of iPhone 5 sales. Apple sold 5 Million units of the handset in three days after it broke the ice on Friday at Apple retail stores. The analysts had expected more sales from the smartphone […]

Facebook stock ends three-week upward streak after a report criticizes its value

Facebook shares were down 8.4 percent in the afternoon trading on Monday after one Wall Street newspaper published a critique on the company’s stock. Out of the 40 analysts covering The Social Network at Wall Street, one has the view that its share price is much over rated. The article blatantly compared FB’s stock value […]

Google shares rise 2 percent after alleged Google Maps approval for iOS 6

Google surge up the graph on Monday after the word got out that its Google Map app for the new version of iOS  will get approved this Thursday. Apple recently released the latest mobile operating system iOS 6, preinstalled in iPhone 5 and available of iPhone 4/4S and iPad 2 and the new iPad. The […]

Western Digital down 3 percent after disappointing guidance report on fiscal first quarter

Western Digital lowered its forecast for the first fiscal quarter ending September 30. The guidance report on the quarter inflicted the stock that was 3 percent down at the end of the week Friday. The company has lowered its forecast on sales from $4.2-$4.3 Billion to $3.9-$4 Billion due to the lack of demand in […]

Analogic shares rise as the report pleases investors

The security design providers beat the Wall Street estimates by miles Analogic’s shares were up 10 percent in the afterhours trading on Thursday after the announcement of the report on fourth fiscal quarter. The company beat the Wall Street estimates by a mile and investors were pleased with the performance. Analogic reported sales of $151 […]

Gartner shares at all time high after an upward trend since quarterly report

The technology sector growth is slow and that is not news. It is more congruous to the overall global economy instead of working as a separate unit. One thing that is in the boom is market search and Gartner, the largest technology market research firm is on the fast track. After releasing the quarterly report […]

LinkedIn shares rise as Jefferies upgrades its rating on stock

LinkedIn, the professional social media network, was up 6 percent in afternoon trading on Wednesday, chiefly due to the favourable ratings by investment bank Jefferies & Co. The stock traded a fraction above $114 after the investment bank raised its ratings on LNKD stock from hold to buy. The bank says the company is expected […]


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