According to foreign media reports, the U.S. private equity trading platform SharesPost auction will be held on Thursday 10 million shares of Facebook stock, reported a starting price of 23 dollars per share, more than three months ago an increase of 77%. SharesPost will auction 10 million shares of Facebook shares, the minimum bid price [...]
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Still No Investors to Hold Notion Ink Adam, Its Delay Continues
August 11, 2010 By Leave a Comment
The Notion Ink Adam, probably one of the best, if not the best, Android tablet to ever pop up on our radar is being delayed yet again. This time around, it’s because of investors instead of hardware or software issues. The Notion Ink Adam tablet looked very promising when we first stumbled across it a [...]
Dutch Chipmaker NXP Semiconductors IPO Price Slashes, Its 28% Below Midpoint
August 6, 2010 By Leave a Comment
Dutch chipmaker NXP Semiconductors NV NXPI.O, the first of four big private equity-backed IPOs in the U.S. pipeline, priced shares in its stock flotation more than 28 percent below the midpoint of the expected range, according to an underwriter. KKR and Bain Capital, which led the 2006 buy-out, cut the price of the shares on [...]
Al Jazeera Reports that Most European Banks were Pass Stress Test
July 24, 2010 By Leave a Comment
As investors continue to worry about the strength of Europe’s economy, seven out of 91 banks have failed a stress test, meaning they would collapse if there was another downturn. The European Union said on Friday that test results confirm the overall resilience of the continent’s banking system. The real test, however, could come in [...]
Qualcomm has 4% Profit Increases in Q3 But Down Revenue
July 22, 2010 By Leave a Comment
Cellphone chip supplier Qualcomm Inc’s fiscal third-quarter earnings and revenue beat Wall Street estimates on strong smartphone demand, sending its shares up 3.4 percent after hours. Qualcomm disappointed investors the previous two quarters as prices for phones fell sharply and cut into royalty payments. Qualcomm sells chips to phone makers and collects licensing fees from [...]
Google Misses the Target even if they got 24 Percetage Increase in Second Quarter
July 16, 2010 By Leave a Comment
Google continues to dominate in its core business, search advertising, which accounts for more than 90 percent of its revenue. But as Google grows and search becomes increasingly competitive, analysts and investors are beginning to wonder what is next for the company. Google Inc.’s second-quarter earnings missed analysts’ target as higher expenses and the fallout [...]
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