Aug 27 2012 @ 08:54
Trimble Navigation Ltd. (
NASDAQ:TRMB) revealed on Monday that it is about to acquire TMW Systems Inc, a specialized software maker for transportation and logistics industries, in an all cash deal worth $335 million.
Aug 27 2012 @ 08:53
High-end jewelry retailer, Tiffany & Co. (
NYSE:TIF) reported weaker-than-expected fiscal second-quarter results on Monday, with both earnings and revenue falling short of Street’s expectations as cost conscious consumers in the wake economic uncertainty spent thriftily on luxury shopping.
Aug 24 2012 @ 08:43
Although Samsung’s Galaxy smartphone appears fairly similar to Apple Inc.’s (
NASDAQ:AAPL) iPhone, the former hasn’t copied the iPhone’s design, said a South Korean court on Friday; however the court found Samsung guilty of violating one of Apple’s patents.
Aug 24 2012 @ 08:42
Reorganizing itself under the bankruptcy protection, the once blue chip company, Eastman Kodak Company (PINK:EKDKQ) has decided to sell its camera-film business unit, in addition to some other businesses in order to raise additional funds even as it auctions several of its patents.
Aug 23 2012 @ 09:23
Food processing company, Hormel Foods Corp. (
NYSE:HRL) reported a 13% jump in fiscal third-quarter earnings as its sales continued to soar.
Aug 23 2012 @ 09:21
Bringing an end to its antitrust investigations on Wednesday, the U.S. Federal Trade Commission has approved Facebook Inc.’s (
NASDAQ:FB) acquisition of Instagram. Accordingly, Facebook is now allowed to complete its acquisition of Instagram.
Aug 22 2012 @ 09:41
Luxury home builder, Toll Brothers Inc. (
NYSE:TOL) reported stronger-than-expected fiscal third-quarter earnings as its revenue for the period leaped 41 % amid strongest demand across all geographical regions in preceding five years.
Aug 22 2012 @ 09:40
Specialty retailer, Chico’s FAS Inc.’s (
NYSE:CHS) fiscal second-quarter earnings surpassed Street’s expectations as improved styles and pulsating designs helped the company to sell products at full prices.
Aug 21 2012 @ 10:00
Book seller Barnes & Noble Inc.’s (
NYSE:BKS) stock leaped almost 5 % in early trading on Tuesday after the company reported lower-than-expected first-quarter loss thanks to strong sales generated from its digital content segment. The company also posted better-than-expected revenue.
Aug 21 2012 @ 08:42
Apple Inc. (
NASDAQ:AAPL), one of the most innovative companies in the world, on Monday became the largest company in terms of market capitalization in U.S. stock market history. The record was previously held by Microsoft Corporation (
NASDAQ:MSFT).
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