Oi SA (ADR) (NYSE:OIBR)’s preferred shares fell to a record low after the company was said to raise 8.25 billion reais ($3.71 billion) by selling stock at a price below yesterday’s close. The funding paved the way for a merger with Portugal Telecom SGPS SA. Brazil’s biggest phone carrier priced preferred shares at 2 reais…
xAmkor Technology, Inc. (NASDAQ:AMKR) announced that it will participate in the Jefferies 2014 Global Technology, Media and Telecom Conference on Tuesday, May 6, 2014. Amkor’s presentation will occur at 3:30 pm Eastern Time at the EPIC Hotel in Miami, Florida. Amkor Technology, Inc. (NASDAQ:AMKR) stock performance was 10.33% in last session and finished the day…
Bitcoins remain probably the most exciting and promising form of digital currency in the market today. Back by many, this digital currency was touted as the successor for the current currencies. It was eagerly back by many. It still is. But without a shadow of a doubt, time has started to run out for Bitcoins….
Apple (NASDAQ AAPL) is a stock which has not put a foot wrong in 2015. The stock has gained considerable ground since the release of iPhone 6. Considering the fact that iPhones are now probably the most important products from Apple, it would only make sense for us to look at iPhone 7 beforehand. We…
Riverbed Technology, Inc. (NASDAQ:RVBD), which focuses on application performance infrastructure, is steady late Tuesday after its Q1 profit beat expectations by a penny, while revenue meets. The company reported non-GAAP net income of $40 million, or $0.24 per share, up from $39 million, or $0.23 per share, a year earlier and a penny better than…
eBay Inc(NASDAQ:EBAY) shares have largely been trading in a range of $50 at the low and $56 at the high (with some notable exceptions) since late 2012. A range that has been this long in development tends to keep moving in the direction of the ultimate break of the range. If $50 were taken out…
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