Twitter Inc. (NYSE:TWTR) said it paid $134.1 million for social data provider Gnip Inc. in May. The price included $107.3 million in cash, with the rest in stock, the San Francisco-based company said in a regulatory filing on Tuesday. Twitter, Inc. (NYSE:TWTR) belongs to Technology sector. Its net profit margin is -87.60% and weekly performance…
On Wednesday, Apple Inc (NASDAQ AAPL) sent invitations to media for an Oct. 16 event using the teaser “It’s been way too long.” Media and market watchers are guessing that in the event, the company will launch refreshed versions of its iPads and Macs. Apple Inc.’s big event is expected to bring revamped and new…
Beats Electronics, which struck a deal to be acquired by Apple Inc. (NASDAQ AAPL) not too long ago, now faces a lawsuit filed by Bose Corporation. According to court documents, Bose has sued Beats in the U.S. District Court for the District of Delaware and filed a second complaint with the U.S. International Trade Commission….
Maurice “Hank” Greenberg’s argument that the U.S. sought to evade a shareholder vote on its 2008 bailout of American International Group, Inc. (NYSE:AIG) may get a boost from a Fed legal adviser’s own words. American International Group, Inc. (NYSE:AIG) belongs to Financial sector. Its net profit margin is 12.70% and weekly performance is 1.47%. On…
Facebook (NASDAQ FB) has reached another milestone. The FB stock rose more than 2% to end up at a new high of $81.88. Facebook now has a market capitalization of a staggering $227.66 billion. Facebook has been performing well for some time. Therefore this new milestone seems appropriate and not really that surprising. Facebook has…
Santos’s second-quarter production rose 2% to 12.4 million barrels of oil equivalent (mmboe), marginally below expectations, and full-year 2013 production guidance has been reduced by 3% to between 52 and 55 mmboe. The decline reflects deferred oil and gas production from Chim Sao in Vietnam due to power system constraints, steeper than- expected natural field…
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