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.
Cablevision Systems prices $900 million private placement of senior notesSeptember 9th, 2009 Cablevision prices $900M senior notes offeringNEW YORK — Cablevision Systems Corp. on Wednesday said it priced a $900 million private placement of debt.
Yahoo board shrinking to 11 directors with resignation of Maggie Wilderotter at year's endSeptember 25th, 2009 Yahoo director to step down at end of yearSUNNYVALE, Calif. — Yahoo Inc.
IBM boosts quarterly dividend 10 percent, allots $3 billion more for repurchasing stockApril 28th, 2009 IBM boosts quarterly dividend 10 percentMIAMI BEACH, Fla. — IBM Corp.
Offer from Russian investor puts value of at least $6.5 billion on FacebookJuly 13th, 2009 Offer puts value of at least $6.5B on FacebookNEW YORK — How much is Facebook worth? A Russian investment firm appears to put it at $6.5 billion to $10 billion. The investment group, Digital Sky Technologies, said Monday it will buy up to $100 million worth of Facebook shares from current and former employees.
Microsoft CEO Steve Ballmer gets base salary bump in 2009 even as profit sinks 17 percentSeptember 18th, 2009 Microsoft CEO Ballmer's salary up 4 percent in '09SEATTLE — Microsoft Corp. raised CEO Steve Ballmer's salary by 4 percent at the start of fiscal 2009, a year in which the software maker's profit declined 17 percent as the economic meltdown decimated personal computer sales.
Canadian media giant Canwest to seek court protection while it restructures its debtOctober 6th, 2009 Canada's Canwest to seek court protectionTORONTO — Canwest Global Communications Corp. said Tuesday it will file for bankruptcy protection under a deal with a key group of lenders as Canada's biggest media company seeks court approval to restructure its debt after months of negotiations.
IBM boosts dividend 10 pct, adds $3B for stock buybackApril 28th, 2009 IBM boosts dividend 10 pct, adds $3B for buybackMIAMI BEACH, Fla. — IBM Corp.
Canadian media giant Canwest enters bankruptcy protection after restructuring its debtOctober 6th, 2009 Canada's Canwest enters bankruptcy protectionTORONTO — Canwest Global Communications Corp. entered bankruptcy protection on Tuesday after reaching a deal to restructure its debt with lenders.
Gates still Forbes' richest American, 4 Indians among top 400October 1st, 2009 WASHINGTON - Four Indian Americans are among America's super-rich with Microsoft Corp co-founder Bill Gates still holding the top spot on the Forbes 400 list of wealthiest Americans with a fortune of $50 billion. Warren Buffett, who's worth $40 billion, comes in No.2 in the Forbes magazine's annual ranking, followed by Oracle founder Lawrence Ellison ($27 billion) and members of the Walton family, owners of Walmart.
Microsoft says 4Q profit drops 29 percent, posts first full-year drop in sales since IPOJuly 23rd, 2009 Microsoft fiscal 4Q profit falls 29 percentSEATTLE — Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company went public in 1986.
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.
EBay Skype to sell stake in Skype for $1.9 billion in cashSeptember 1st, 2009 EBay Skype to sell stake in SkypeSAN JOSE, Calif. — EBay Inc.
Company owned by Skype founders files copyright lawsuit that could throw wrench in Skype saleSeptember 16th, 2009 Skype founders file lawsuit against eBaySAN FRANCISCO — A company owned by the founders of Skype has filed a copyright infringement suit against the Internet phone service and parent eBay Inc. — an action that could crimp eBay's plans to sell Skype for about $2 billion to a group of private investors.
Apple's latest operating system software, Snow Leopard, to go on sale FridayAugust 24th, 2009 Apple's Snow Leopard goes on sale FridayCUPERTINO, Calif. — Apple Inc.'s latest operating system software, Snow Leopard, will go on sale this Friday.