Disagreement emerged on Sunday over the re-listing of an electronic stock exchange that suffered a high-profile crash last week, a breakdown that forced it to unwind its initial public offering of shares.
BATS Global Markets, the U.S. exchange operator that withdrew its public offering Friday after a computer glitch sent its newly-issued stock into a tailspin, should develop a "credible IPO plan" and go through with it in the second quarter, its founder and current director said.
Because of serious glitches in equity-market trading operations on Friday, Bats Global Markets Inc. announced it has scuttled its planned initial public offering, which had been scheduled to close on March 28.
When Anton Marinovich turned 18, his grandmother gave him $1,000 with strict instructions to invest in the stock market. He chose Apple Inc
Facebook isn’t even trading yet but Rapid Ratings, a New York firm with an unusual risk-analysis model, rates the social networking company's stock as highly as that of technology stars Intel, Apple, Microsoft and Google.
Despite what the stage monologist would have audiences believe, there are serious journalists who have devoted their careers to reporting on conditions in China. One of them, Rob Schmitz, told IBT that Daisey has undermined his and other reporters' work.
Beginning in the fourth quarter of this fiscal year (July), Apple will pay a $2.65 per share dividend.
The market clearly liked the news – Apple shares jumped 2.65 percent on Monday to close above $600 per share for the first time.
Apple Inc CEO Tim Cook, moving swiftly after taking over from late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.
Apple Inc. (Nasdaq: AAPL) downloaded $45 billion, to borrow a phrase from the Financial Times, to its shareholders Monday, lifting both its own stock and the already buoyant broader market.
On Friday, March 16, UBS analyst Maynard Um issued two research notes on Apple Inc. In the first note, the analyst raised Apple’s price target from US$550 to $675, expecting the launch of a new iPhone later this year to be the biggest launch in Apple’s history. In the second note, Um deemed the launch of the new iPad a success.
As the world's largest company with a market cap of more than half a billion dollars, Apple Inc. [AAPL] is sitting on a large pile of cash upwards of $100 billion and decided Monday to institute a $2.65 a share quarterly dividend and buy back $10 billion in stock, the tech behemoth announced today.
European markets lost ground as the lack of positive catalysts prompted a pause in the recent string of gains, while Asian stocks were mostly higher.
Apple, whose stock is currently trading at $585, has announced that it will be holding a conference call on Monday morning to discuss the company's plans for its approximately $100 billion in cash reserves.
Apple Inc. -- the world's most valuable publicly traded company by its market capitalization of $545.97 billion -- will conduct a conference call to announce the outcome of discussions concerning its cash balance on Monday at 9 a.m. EDT, which is before the U.S. equity-market open.
Apple Inc. said it would host a conference call on Monday morning to discuss the outcome of discussions about its cash balance as investors clamor for a return from its massive holdings.
A source at Goldman Sachs Group Inc. who has been neither charged nor identified in a broad U.S. insider-trading probe was heard via wiretap leaking secrets about Apple Inc. and the Intel Corp., an attorney for former Goldman Sachs board member Rajat Gupta said in court on Friday.
The U.S. radio program This American Life has retracted an episode critical of working conditions at a Chinese factory that makes iPhones and iPads for Apple Inc, saying it had contained numerous fabrications.
Stocks were flat on Friday as data showed inflation remained in check last month as the domestic economy continues to improve, but consumer sentiment slipped.
Stocks surged Thursday, with the S&P 500 topping the 1,400 mark for the first time in nearly four years, propelled by firm readings on the jobs market and manufacturing activities.
The conservative radio host provoked the advertiser pullout by calling law student Sandra Fluke a slut and a prostitute after she had discussed with members of Congress her support of insurance coverage for contraceptives.
Wal-Mart Stores Inc.(NYSE: WMT), the world's largest retailer, will allow customers to convert DVDs and Blu-ray discs to digital files starting April 16, the company said Wednesday.
