Nuance Communications acquires eCopy for $54 million in common stockOctober 5th, 2009 Nuance buys eCopy for $54M in stockBURLINGTON, Mass. — Speech and imaging software maker Nuance Communications Inc.
Digital River shares rise after JMP Securities analyst upgrades company to 'Market Outperform'June 25th, 2009 Digital River shares jump on upgradeNEW YORK — Shares of e-commerce software service provider Digital River Inc. rose nearly 5 percent in afternoon trading after a JMP Securities analyst upgraded the stock to "Market Outperform" from "Market Perform," citing strong business fundamentals and strength in the company's digital download service business.
Tuesday market movers: Texas Instruments, Ceradyne, Quiksilver, Marvell Technology June 9th, 2009 Texas Instruments, Ceradyne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Texas Instruments Inc., up $1.25 at $21.02
The chip maker hiked its profit and sales guidance for the quarter ending in June, signalling a rebound for the semiconductor sector. Quiksilver Inc., down 71 cents at $2.91
The outdoor apparel company swung to a second-quarter profit, but a weak outlook and expensive new loan facilities worried analysts.
Seagate, Ford, Liz Claiborne, Bank of America, Macy's among big market movers WednesdayMay 13th, 2009 Seagate, Ford, Liz Claiborne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Seagate Technology, down 36 cents at $6.98
The maker of hard drives cut 1,100 jobs, 2.5 percent of its workforce, as part of a restructuring aimed at saving $125 million a year. Ford Motor Corp., down 5 cents at $4.96
Shares of the auto maker declined again after it annoucing a public stock offering of 300 million shares.
Market rally loses steam, stocks mostly lower even after Intel raises its sales forecastAugust 28th, 2009 Stocks mostly lower; Nasdaq buoyed by Intel newsNEW YORK — Investors balked at extending the market's recent rally Friday despite an improved outlook from Intel Corp. Stocks closed mostly lower, as losses among health care stocks offset small gains in technology companies.
New York Stock Exchange halts trading in Satyam stockJanuary 6th, 2009 HYDERABAD - The New York Stock Exchange Wednesday halted trading in the stock of beleaguered Satyam Computer Services prior to the opening of the market at 9.30 a.m. US eastern time, the NYSE said in a statement.
Stock futures mixed after big jump a day earlier; reports from Microsoft, Amazon curb gainsJuly 24th, 2009 US stock futures mixed after prior day's big jumpNEW YORK — U.S. stock futures are paring early gains as investors struggle to keep the market's recent momentum going amid disappointing reports from Microsoft Corp.
Tech shares lift market as traders bet on Google, IBM; Financials lag on unease over CITJuly 16th, 2009 Gains in tech stocks extend Wall Street's rallyNEW YORK — Investors piled into technology stocks again to extend the market's rally. Hope for more good earnings from technology leaders made the industry an attractive bet again Thursday, a day after a strong forecast from chip maker Intel Corp.
AMR, Eastman Kodak, American Axle, Oracle, Discover Financial are among big market moversSeptember 17th, 2009 AMR, Eastman Kodak, American Axle big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Synovus Financial Corp., down 53 cents at $3.90
The bank's stock offering was bigger than expected, diluting shares, and priced at $4, a 10 percent discount to Wednesday's close. AMR Corp., up $1.45 at $8.80
The American Airlines parent got $2.9 billion in new financing, tamping down liquidity concerns, and is increasing capacity in four cities.
Stocks extend gains to 3rd day following growth in industrial production; GE, IBM rallySeptember 16th, 2009 Stocks jump as industrial production risesNEW YORK — Stocks picked up steam Wednesday as strength in industrial production gave investors new reason to wager that the economy is recovering. A third day of gains by General Electric and an advance by International Business Machines helped lift the Dow Jones industrial average 85 points in the final hour of trading.
Norwest Venture to invest Rs.200 mn in IT firmJanuary 27th, 2009 BANGALORE - Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure management services firm Appnomic Systems, it was announced here Wednesday. The venture fund will be invested to expand into the US market and build innovative product and service offerings, the Bangalore-based Appnomic said in a statement.
Microsoft files plan for three-part debt offering with SEC; board had authorized up to $6BMay 11th, 2009 Microsoft moves forward in first debt offeringSEATTLE — Microsoft Corp.'s plan to raise debt for the first time in its 36-year history moved forward Monday, according to preliminary documents filed with regulators. The world's largest software maker said in a Securities and Exchange Commission filing that it plans to offer five, 10 and 30-year notes at some point this month.
American Express, Adobe, General Mills, Warner Music Group are among big market moversSeptember 16th, 2009 American Express, Adobe, General Mills big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American Express Co., up $1.19 at $35.84
Analysts concluded that industry data shows the company is positioned to best recover from recent high defaults and delinquencies. Warner Music Group Corp., up 33 cents at $4.87
An analyst upgraded the recording company and applauded its decision to tap capital markets for permanent financing.
Stocks end mixed after weeklong rally; Apple jumps but Advanced Micro, Wells Fargo disappointJuly 22nd, 2009 Mixed earnings put brakes on stock market rallyNEW YORK — Investors aren't giving up on the stock market's rally, but they're not making big bets either. Stocks ended a quiet day mixed Wednesday as traders were hesitant to commit more money to the market after a weeklong surge.
Microsoft prices $3.75 billion debt offering; board had authorized up to $6 billion saleMay 12th, 2009 Microsoft to raise $3.75B in first debt offeringSEATTLE — Microsoft Corp. priced a $3.75 billion debt offering on Monday, a first for the world's largest software maker.