Category: Finance

Finance

HoT Watch List: Qihoo 360 Technology (NYSE:QIHU), Yandex (NASDAQ:YNDX), Youku Tudou (NYSE:YOKU), Renren Inc (NYSE:RENN), Baidu Inc (ADR) (NASDAQ:BIDU)

Microsoft Corp will work with Chinese Internet security specialist Qihoo 360 Technology Co Ltd (NYSE:QIHU) on mobile Internet and artificial intelligence technology, state media reported, as the U.S. software giant fights security concerns in the country. Microsoft and Qihoo 360 Technology Co Ltd (NYSE:QIHU) on June 9 signed a deal to “cooperate in mobile Internet products” and “technology exchanges in artificial intelligence”, the official Xinhua … Continue reading HoT Watch List: Qihoo 360 Technology (NYSE:QIHU), Yandex (NASDAQ:YNDX), Youku Tudou (NYSE:YOKU), Renren Inc (NYSE:RENN), Baidu Inc (ADR) (NASDAQ:BIDU)

Mark Doerr
Finance

Mid Cap Movers: SolarCity Corp (NASDAQ:SCTY), Zynga Inc (NASDAQ:ZNGA), Coach (NYSE:COH), Rite Aid (NYSE:RAD)

SolarCity Corp. (NASDAQ:SCTY), the largest installer of rooftop solar panels, offers similar storage systems. The company has said it’s faced hurdles imposed by California utilities that are reluctant to connect the systems to the grid. SolarCity Corp (NASDAQ:SCTY) stock performance was 1.45% in last session and finished the day at $70.00. Traded volume was 500.00million shares in the last session and the average volume of the … Continue reading Mid Cap Movers: SolarCity Corp (NASDAQ:SCTY), Zynga Inc (NASDAQ:ZNGA), Coach (NYSE:COH), Rite Aid (NYSE:RAD)

Jason Knox
Finance

Investor’s Alert: Facebook Inc (NASDAQ:FB), Micron Technology (NASDAQ:MU), American Realty Capital Properties (NASDAQ:ARCP), Syngenta (NYSE:SYT)

There was social network Facebook Inc. (NASDAQ:FB), which flopped initially, online gaming company Zynga Inc.ZNGA +0.64% , which flopped almost immediately, and social network Twitter Inc.TWTR -0.30% , a company for which the jury is still out (and leaning toward a guilty verdict considering it’s trading at half its 52-week high and below its offering price). Facebook Inc (NASDAQ:FB) stock performance was 1.35% in last session and finished the day at … Continue reading Investor’s Alert: Facebook Inc (NASDAQ:FB), Micron Technology (NASDAQ:MU), American Realty Capital Properties (NASDAQ:ARCP), Syngenta (NYSE:SYT)

Chris Lewis
BioTech, Finance

Shire Rejects a $46.5 Billion AbbVie (NYSE:ABBV) Takeover Offer

Goldman Sachs has been hired by Shire as the London-listed drug maker confronts a takeover offer, as explained in the Financial Times morning briefing. Shire turned down a $46 billion bid from Chicago-based AbbVie last week. According to a report from the New-York Times, people briefed on the matter said AbbVie was likely to come back with a higher offer. Allergan, which is fending off … Continue reading Shire Rejects a $46.5 Billion AbbVie (NYSE:ABBV) Takeover Offer

Harvey Dyer
Apple Stock AAPL
Analysis, Finance, Mobile

Apple Stock : Rumored Bigger Services in the Financial News (NASDAQ:AAPL)

Apple suppliers in China will begin mass production of its largest iPhones ever next month, according to people familiar with the plans, as the smartphone maker faces increased competition, according to a report from the Financial Times anout the Apple Inc stock (NASDAQ:AAPL). Apple is ramping up on two bigger devices, said the people, who asked not to be identified because the plans are private. … Continue reading Apple Stock : Rumored Bigger Services in the Financial News (NASDAQ:AAPL)

Harvey Dyer
Analysis, Finance, Software

(NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion. Oracle said Monday that it will pay $68 per Micros share, a 3 percent premium to the company’s $65.77 Friday closing price. Shares of Micros gained $1.43, or 2.2 percent, to $67.20 in premarket trading Monday. Oracle said the acquisition will extend … Continue reading (NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

Adam Keintzel