News tagged with stock exchange

Ciena wins court approval for Nortel unit bid

(AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million.

Technology / Business

created Oct 16, 2009 | popularity not rated yet | comments 0

Philips posts surprise profit as cost cuts help

Dutch electronics giant Philips reported on Monday a surprise profit for the third quarter as a series of cost cutting measures to cope with the global slump helped the bottomline.

Technology / Business

created Oct 12, 2009 | popularity not rated yet | comments 0

India's Infosys posts 7.5 pct jump in quarterly profit

Infosys Technologies, India's second-biggest software firm, posted Friday a surprise 7.5 percent quarterly jump in net profit as an improving global economy eased price-cutting pressure.

Technology / Business

created Oct 09, 2009 | popularity 5 / 5 (1) | comments 0

Ciena bids $521M for Nortel business units

(AP) -- Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate.

Technology / Business

created Oct 07, 2009 | popularity not rated yet | comments 0

US, Canadian judges approve Nortel bankruptcy sale

(AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.

Technology / Business

created Sep 16, 2009 | popularity not rated yet | comments 0

Would-be Pirate Bay buyer ousted from stock market

(AP) -- The would-be buyer of Swedish file-sharing Web site The Pirate Bay has been kicked out of the smallcap stock exchange Aktietorget for misleading the market, the Swedish trading platform said Wednesday.

Technology / Business

created Sep 09, 2009 | popularity 5 / 5 (1) | comments 1

Private exchange to aid startups seeking more cash

(AP) -- Since June, a Web site called SharesPost has been helping a small pool of qualified buyers and sellers trade shares in fast-growing startups that have not yet gone public. Now, the private stock exchange is hoping ...

Technology / Business

created Sep 02, 2009 | popularity 5 / 5 (1) | comments 0

China Mobile reports half-year profit up 1.5 percent

China Mobile, the nation's largest mobile phone operator, on Thursday reported a 1.5 percent rise in half-year net profit, as it was hit by strong competition and a slow economy.

Technology / Business

created Aug 20, 2009 | popularity not rated yet | comments 0

AOL changing from AOL LLC to AOL Inc. with spinoff

(AP) -- AOL will once again get a new name.

Technology / Business

created Jul 29, 2009 | popularity not rated yet | comments 0

India's Infosys Q1 profit up 17.2 pct, beats forecasts

India's second-biggest software exporter Infosys announced Friday a better-than-expected 17.2 percent rise in first-quarter net profit, but said global conditions remained challenging.

Technology / Business

created Jul 10, 2009 | popularity 5 / 5 (1) | comments 0

White House among targets of sweeping cyber attack

(AP) -- The powerful attack that overwhelmed computers at U.S. and South Korean government agencies for days was even broader than initially realized, also targeting the White House, the Pentagon and the ...

Technology / Internet

created Jul 08, 2009 | popularity 2 / 5 (1) | comments 2

Facebook, Twitter and peers for sale -- privately

(AP) -- Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, ...

Technology / Internet

created Jun 27, 2009 | popularity 5 / 5 (1) | comments 0

Business 101: Must Apple discuss CEO Jobs' health?

(AP) -- This week, Apple Inc. wasn't shy about touting the sales of its latest mobile device. But the company didn't say anything confirming reports from over the weekend that co-founder and CEO Steve Jobs had a liver transplant ...

Technology / Business

created Jun 22, 2009 | popularity not rated yet | comments 0

Indonesia launches eco-friendly investment index

The Indonesian stock exchange and a biodiversity foundation have launched an investment index to raise awareness of companies' environmental track records, an environmental group said.

Space & Earth / Environment

created Jun 09, 2009 | popularity 1 / 5 (1) | comments 0

SolarWinds shares climb during first trading day

(AP) -- Shares of SolarWinds Inc. climbed Wednesday during the network management software maker's first day of trading, marking the latest flicker of life in an IPO market that has barely registered a pulse this year.

Technology / Business

created May 20, 2009 | popularity not rated yet | comments 0