Yahoo: Latest Turn Could Let in Private Equity via PIPE
Reports Tuesday suggest that rather than auction itself to the likes of Microsoft or Walt Disney or to a private equity investor such as Silver Lake Partners or Providence Equity Partners, Yahoo may try a PIPE.
Dell: Earnings May Hint if PC Giant Moving More Upscale
Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
LI Bus: Drivers Ask Passengers to Oppose Mangano's Sale
Drivers on Long Island Bus Monday circulated petitions to passengers opposing its sale by Nassau County to French water company Veolia.
Five Reasons Why Warren Buffett Finally Bought IBM
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
Cisco Shares Keep Rising as Chambers Wins Plaudits
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
IBM Starts Selling Security Software Patch for Smartphones, Tablets
IBM said it will sell a new security software patch to enterprises to ensure mobile devices like smartphones and tablets are secure. The move is part of a new emphasis on computer security.
Latest RIM Investor is Cooperman, Who Shook up Tyco
Troubled BlackBerry developer Research in Motion has a major new investor: Omega Advisors, the investment vehicle of activist investor Leon Cooperman, has acquired 1.43 million shares.
Nvidia Earnings Cheer Investors; CEO Sees More Tablet Wins
Shares of Nvidia, the PC chip graphics pioneer, appeared poised to gain at least 2 percent Friday after third-quarter earnings blew past Wall Street estimates.
Nvidia Results Beat Estimates; Shares Soar 4 Percent
Shares of Nvidia, the PC chip graphics pioneer, jumped four percent after the graphics chip designer’s third-quarter earnings blew past Wall Street estimates.
Apple Shares Slip on Fears of Shipping Problems
Shares of Apple, the No. 1 vendor of tablets, fell as much as 3.3 percent Thursday amid concerns shortages or floods in Thailand may depress iPad2 shipments.
Nvidia: Earnings May Show if Transition Working
Shares of Nvidia, the PC chip graphics pioneer, were unchanged Thursday as investors awaited third-quarter earnings that may shed light on the company’s product transformation.
Cisco Systems Shares Soar After Solid Profit Report
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
Cisco Systems: First-Quarter Results Beat Expectations
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Tech IPOs: Will Groupon Tempt Facebook, Others Now?
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Election 2011: Suffolk, Nassau Trend Democratic but Nassau Deadlock Could Provoke Bankruptcy
Long Island voters in Nassau and Suffolk counties Tuesday trended Democratic, with Democrats retaking the Suffolk County Executive’s post and upping their seats in the Nassau County Legislature. They regained control of the Long Beach City Council.
Cisco Systems: Nervous Investors Await Profit News
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
Tablet Wars: Apple Share Must Fall as Consumers Win
Now that the two biggest U.S. booksellers are solidly in the tablet market, investors and consumers can reach two solid conclusions: Apple’s market share will decrease and prices will start falling.
Yahoo Investor Loeb Renews Call for Yang’s Exit
Hedge fund manager Daniel Loeb, who took a five percent stake in Yahoo in September, is now demanding co-founder Jerry Yang step down.
Election 2011: Nassau, Suffolk Crucial for N.Y. Economy
Long Island voters in Nassau and Suffolk counties are choosing new local officials Tuesday as both counties continue to battle a sour economy and Nassau is trying to avoid bankruptcy.
HP: Whitman May Try to Sell webOS from Palm
New Hewlett-Packard CEO Meg Whitman may try to sell the Palm WebOS mobile platform designed into the ill-fated TouchPad tablet.
Cisco Systems: Could Profit Pickup Show Doldrums Over?
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
Barnes & Noble Positions Nook Tablet vs. Amazon’s Kindle Fire, Apple’s iPad
Bookstore giant Barnes & Noble took the wraps off a 14.-1-ounce Nook Tablet, a product intended to compete with rival Amazon’s Kindle Fire as well as Apple’s iPad2.
The Bank of Technology: Top 10 Leaders have $300 Billion in Cash, Investments
Forget about the quarterly earnings. Just look at what’s in their treasuries. An IBTimes compilation of 10 of the top technology leaders determined they are sitting on a record $301.3 billion in cash and investments.
IBM Bolsters Security Portfolio with Threat Analysis
IBM, the world’s No. 2 computer services company, has created a security services division to enable enterprises to combat cyber-threats, hackers and penetrations.
Groupon Raises $700 Million, Raising Value to $12.7 Billion
Deals site Groupon raised $700 million via its long-delayed initial public offering, leaving the Chicago-based company valued at $12.7 billion.
Qualcomm’s Punch: Sure Indicator Mobile Demand Soars
Qualcomm shares jumped as much as 9.2 percent Thursday, a day after the designer of mobile-phone chips estimated next year’s revenue could reach as high as $19 billion.
Kodak Banking Future on Patent Sale, CEO Perez Says
Going forward, CEO Antonio Perez said the company needs the sale of a portfolio of 1,100 patents to survive because of the cash that could bring in.
Kodak: Losses Widen, Cash Down, Patent Pile Unsold
Eastman Kodak, the troubled photography giant, reported its third-quarter loss more than quadrupled to $222 million while revenue slipped 17 percent to $1.46 billion.
Lexmark CEO: Software a Boon but ‘Headwinds’ Trim Revenue Growth
Lexmark International CEO Paul Rooke predicted the printer giant will keep boosting profits because of software advantages but warned “economic headwinds” may trim fourth-quarter revenue.
Next Stop for iPad, Kindle Users in Transit: The Cop Shop
Proliferation of handheld electronic devices is causing a new problem: theft in transit systems around the U.S. Now that the holiday season is coming, police departments are trying to crack down.
