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Apple to pay dividend, start stock buybacks

Thirty-six years after its founding, Apple Inc. is finally loosening up its purse strings to reward shareholders directly, by instituting a dividend and share buyback program.

Zynga holders plan to sell up to $400M in stock

Zynga shareholders may sell up to $400 million of stock through a public offering, three months after the online game maker went public, to try to avoid a drop in its stock price.

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...

China e-commerce firm Alibaba in privatization bid

(AP) -- Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo ...

Cisco beats estimates with 2Q earnings, sales (Update)

(AP) -- Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Wind turbine giant Vestas to cut 2,335 jobs this year

Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.

Wind turbine maker's shares plunge 19%

Vestas, the world leader in the wind turbine industry, saw its share price plummet around 19 percent at the opening Wednesday, a day after issuing a profit warning.

Nokia to delist from Frankfurt exchange

Nokia Corp. has applied to delist from the Frankfurt Stock Exchange because of falling trading volumes of its shares, the world's largest mobile phone maker said Thursday.

Big payouts from startups excite Silicon Valley

Everyone dreams of striking it rich - and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper. For some in Silicon Valley, those wishes may soon come true.

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