News Topic - Nasdaq
Articles 61 - 70 of most recent articles
PACCAR Announces Second Quarter Revenues and Earnings
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq:PCAR) reported very good revenues and net income for the second quarter of 2008,”
Business Wire – Jul 22, 2008 12:00 PM [GMT] ¦ comment?
found in Business
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq:PCAR) reported very good revenues and net income for the second quarter of 2008,”
Business Wire – Jul 22, 2008 12:00 PM [GMT] ¦ comment?
found in Business
IBM Global Financing to Fund En Pointe Solutions for IBM's Services Business
IBM Global Financing, the lending and leasing business segment of IBM (NYSE: IBM) and the largest IT financier in the world today, announced that it will provide inventory financing for Los Angeles-based technology reseller En Pointe Technologies(R) (NASDAQ: ENPT), a provider of solutions for IBM's Global Technology Services business. This move increases IBM's capacity to respond to clients' needs quickly and with greater flexibility now that the balance sheet of one of its suppliers is made stronger by faster payment turnaround. E-mail this page Save to del.icio.us Digg this
IBM.com – Jul 22, 2008 12:00 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
IBM Global Financing, the lending and leasing business segment of IBM (NYSE: IBM) and the largest IT financier in the world today, announced that it will provide inventory financing for Los Angeles-based technology reseller En Pointe Technologies(R) (NASDAQ: ENPT), a provider of solutions for IBM's Global Technology Services business. This move increases IBM's capacity to respond to clients' needs quickly and with greater flexibility now that the balance sheet of one of its suppliers is made stronger by faster payment turnaround. E-mail this page Save to del.icio.us Digg this
IBM.com – Jul 22, 2008 12:00 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
Stock Futures Suggest Early Selloff
S&P 500 and Nasdaq futures drop after disappointing earnings.
TheStreet.com – Jul 22, 2008 11:59 AM [GMT] ¦ comment?
found in Business: Investing
S&P 500 and Nasdaq futures drop after disappointing earnings.
TheStreet.com – Jul 22, 2008 11:59 AM [GMT] ¦ comment?
found in Business: Investing
AM Businsess Note Book
(New York, NY) -- Stocks slid in yesterday's trading despite a better-than-expected second quarter earnings report from Bank of America. The Dow closed 29 points lower at 11-467. The S&P 500 lost a fraction of a point at 12-60. The Nasdaq ended
News Radio 1420 – Jul 22, 2008 10:56 AM [GMT] ¦ comment?
found in Local: Texas: Lubbock
(New York, NY) -- Stocks slid in yesterday's trading despite a better-than-expected second quarter earnings report from Bank of America. The Dow closed 29 points lower at 11-467. The S&P 500 lost a fraction of a point at 12-60. The Nasdaq ended
News Radio 1420 – Jul 22, 2008 10:56 AM [GMT] ¦ comment?
found in Local: Texas: Lubbock
Main Indexes End Quiet Session Mixed, But Apple Sends Market Down After Hours
Stocks traded quietly mixed Monday before a weak after-hours report from Apple sent Nasdaq futures sharply lower.
Investor's Business Daily – Jul 22, 2008 12:39 AM [GMT] ¦ comment?
found in Business: Investing
Stocks traded quietly mixed Monday before a weak after-hours report from Apple sent Nasdaq futures sharply lower.
Investor's Business Daily – Jul 22, 2008 12:39 AM [GMT] ¦ comment?
found in Business: Investing
ETF Momentum Tracker Looks At IBB, As Biotech Gears Up For A Busy Week
As biotech begins this week with a jump start, Don Dion, publisher of ETF Momentum Tracker, announced that iShares Nasdaq Biotechnology (IBB) has moved up his Sector Momentum Table.
1888PressRelease.com – Jul 22, 2008 12:00 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
As biotech begins this week with a jump start, Don Dion, publisher of ETF Momentum Tracker, announced that iShares Nasdaq Biotechnology (IBB) has moved up his Sector Momentum Table.
1888PressRelease.com – Jul 22, 2008 12:00 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
Internet: Peace breaks out in Yahoo leadership row
The struggling internet company Yahoo has struck a pact with its billionaire critic Carl Icahn by giving the hedge fund activist a minority presence on its board to avoid a potentially tempestuous showdown at a shareholder meeting next month. Facing crumbling support among Yahoo investors, Icahn yesterday abandoned his efforts to overthrow the leadership of the embattled Silicon Valley company and force its sale to Microsoft. Instead, the 72-year-old Icahn & Co hedge fund manager is settling for an offer of three seats on Yahoo's board. One director will stand down and the board will expand from nine to 11 members. Wall Street analysts greeted it as a qualified victory for Yahoo's founder, Jerry Yang, who has pressed hard to maintain its independence and who waged an energetic campaign to discredit Icahn. Roy Bostock, Yahoo chairman, was "gratified" to reach a deal. "We look forward to working productively with Carl and new members of the board on continuing to improve the company's performance and enhancing stockholder value." The pact ends a vitriolic two months in which Yahoo and Icahn have traded stinging accusations. The showdown arose after Yahoo turned down a $47.5bn (£23.8bn) takeover offer from Microsoft, angering investors who have grown impatient with its failure to keep up with Google as a leader in lucrative online searches. Lobbying shareholders for support last week, Yahoo characterised Icahn as a short-term corporate agitator who was merely interested in a quick profit. It dug up remarks from the billionaire last year in which he described technology companies as "hard to understand" and admitted he had rarely focused on them. In turn, Icahn compared Yahoo directors to Alice in Wonderland. He won over high-profile backers, including the oil tycoon T Boone Pickens and star fund manager John Paulson, renowned for making billions by predicting the sub-prime mortgage crisis. As Yahoo's annual meeting on August 1 approached, the prospect of a hastily compiled slate of Icahn's friends running the company appears to have been too much for institutional shareholders. The balance tipped on Friday when Yahoo's second-biggest investor, the fund management firm Legg Mason, decided to support the existing leadership. Scott Kessler, an equities analyst at Standard & Poor's in New York, said the upshot amounted to a defeat for Icahn. "The writing's not only on the wall but on an agreement for all to see," he said. In spite of the deal, Kessler said, there would be pressure for a shake-up in recognition of discontent among a sizeable minority of investors. "Jerry Yang's been back in place for a year and a lot of people think he is not the right person for the job. It wouldn't surprise me if there were some management changes to come," said Kessler. Icahn will take one of the board seats handed to his group under the deal, which is subject to approval by investors. In a statement, the New York-based financier said a sale of the firm or of its core search business should be given "full consideration". But striking a conciliatory note, he continued: "I believe this is a good outcome and that we will have a strong working relationship going forward." By mid-session on the Nasdaq exchange, Yahoo shares had slid 63 cents to $21.82. Microsoft was willing to pay $33 a share and Yahoo has shunned several attempts by it to reignite talks, opting for a controversial tie-up with Google, in which the two pool resources for some online searches and share the ad revenue. This infuriated the advertising industry, which sees it as anti-competitive. Backstory The billionaire hedge fund manager who has been niggling away at Yahoo doesn't own a personal computer. Carl Icahn, 72, whose fortune is estimated at $14bn (£7bn), made his name by seizing control of the airline TWA in 1985. His targets have included Texaco, Time Warner, Nabisco, Motorola and Blockbuster. Brought up in Queens, New York, he runs his Icahn & Co hedge fund from offices overlooking Central Park. He is ruthless, once remarking that there was no place for sentiment in business: "If you want a friend, get a dog."
The Guardian – Jul 21, 2008 11:04 PM [GMT] ¦ comment?
found in Technology
The struggling internet company Yahoo has struck a pact with its billionaire critic Carl Icahn by giving the hedge fund activist a minority presence on its board to avoid a potentially tempestuous showdown at a shareholder meeting next month. Facing crumbling support among Yahoo investors, Icahn yesterday abandoned his efforts to overthrow the leadership of the embattled Silicon Valley company and force its sale to Microsoft. Instead, the 72-year-old Icahn & Co hedge fund manager is settling for an offer of three seats on Yahoo's board. One director will stand down and the board will expand from nine to 11 members. Wall Street analysts greeted it as a qualified victory for Yahoo's founder, Jerry Yang, who has pressed hard to maintain its independence and who waged an energetic campaign to discredit Icahn. Roy Bostock, Yahoo chairman, was "gratified" to reach a deal. "We look forward to working productively with Carl and new members of the board on continuing to improve the company's performance and enhancing stockholder value." The pact ends a vitriolic two months in which Yahoo and Icahn have traded stinging accusations. The showdown arose after Yahoo turned down a $47.5bn (£23.8bn) takeover offer from Microsoft, angering investors who have grown impatient with its failure to keep up with Google as a leader in lucrative online searches. Lobbying shareholders for support last week, Yahoo characterised Icahn as a short-term corporate agitator who was merely interested in a quick profit. It dug up remarks from the billionaire last year in which he described technology companies as "hard to understand" and admitted he had rarely focused on them. In turn, Icahn compared Yahoo directors to Alice in Wonderland. He won over high-profile backers, including the oil tycoon T Boone Pickens and star fund manager John Paulson, renowned for making billions by predicting the sub-prime mortgage crisis. As Yahoo's annual meeting on August 1 approached, the prospect of a hastily compiled slate of Icahn's friends running the company appears to have been too much for institutional shareholders. The balance tipped on Friday when Yahoo's second-biggest investor, the fund management firm Legg Mason, decided to support the existing leadership. Scott Kessler, an equities analyst at Standard & Poor's in New York, said the upshot amounted to a defeat for Icahn. "The writing's not only on the wall but on an agreement for all to see," he said. In spite of the deal, Kessler said, there would be pressure for a shake-up in recognition of discontent among a sizeable minority of investors. "Jerry Yang's been back in place for a year and a lot of people think he is not the right person for the job. It wouldn't surprise me if there were some management changes to come," said Kessler. Icahn will take one of the board seats handed to his group under the deal, which is subject to approval by investors. In a statement, the New York-based financier said a sale of the firm or of its core search business should be given "full consideration". But striking a conciliatory note, he continued: "I believe this is a good outcome and that we will have a strong working relationship going forward." By mid-session on the Nasdaq exchange, Yahoo shares had slid 63 cents to $21.82. Microsoft was willing to pay $33 a share and Yahoo has shunned several attempts by it to reignite talks, opting for a controversial tie-up with Google, in which the two pool resources for some online searches and share the ad revenue. This infuriated the advertising industry, which sees it as anti-competitive. Backstory The billionaire hedge fund manager who has been niggling away at Yahoo doesn't own a personal computer. Carl Icahn, 72, whose fortune is estimated at $14bn (£7bn), made his name by seizing control of the airline TWA in 1985. His targets have included Texaco, Time Warner, Nabisco, Motorola and Blockbuster. Brought up in Queens, New York, he runs his Icahn & Co hedge fund from offices overlooking Central Park. He is ruthless, once remarking that there was no place for sentiment in business: "If you want a friend, get a dog."
The Guardian – Jul 21, 2008 11:04 PM [GMT] ¦ comment?
found in Technology
U.S. stocks finish mildly lower as oil up, earnings ahead
NEW YORK (MarketWatch) -- U.S. stocks on Monday surrendered ground as the price of oil rebounded higher and as investors turned cautious about the earnings outlook after two pharmaceutical giants postponed reporting their quarterly results. The Dow Jones Industrial Average fell 29.23 points to end at 11,467.34. The S&P 500 [$spx] slid 0.68 points to 1,260.00, while the Nasdaq Composite shed 3.25 points to 2,279.53.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 8:06 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- U.S. stocks on Monday surrendered ground as the price of oil rebounded higher and as investors turned cautious about the earnings outlook after two pharmaceutical giants postponed reporting their quarterly results. The Dow Jones Industrial Average fell 29.23 points to end at 11,467.34. The S&P 500 [$spx] slid 0.68 points to 1,260.00, while the Nasdaq Composite shed 3.25 points to 2,279.53.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 8:06 PM [GMT] ¦ comment?
found in Business: Markets
iPass Delivers Remote Working For Sony Ericsson
Remote and mobile employees on the move benefit from Wi-Fi - - REDWOOD SHORES, Calif. — July 2008 — iPass Inc. (NASDAQ: IPAS) a long-time leader in providing mobility services to many of the world's l... [WebWire - Monday, July 21, 2008]
WebWire – Jul 21, 2008 4:08 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
Remote and mobile employees on the move benefit from Wi-Fi - - REDWOOD SHORES, Calif. — July 2008 — iPass Inc. (NASDAQ: IPAS) a long-time leader in providing mobility services to many of the world's l... [WebWire - Monday, July 21, 2008]
WebWire – Jul 21, 2008 4:08 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
U.S. stock indexes falter as financial rally caves
NEW YORK (MarketWatch) -- U.S. stocks on Monday shed earlier to fall into negative territory as the financial sector lapsed into the red. The Dow Jones Industrial Average fell 40.95 points to 11,455.62. The S&P 500 dropped 1.21 points to 1,259.47, while the Nasdaq Composite fell 5.23 points to 2,277.55. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 3:45 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- U.S. stocks on Monday shed earlier to fall into negative territory as the financial sector lapsed into the red. The Dow Jones Industrial Average fell 40.95 points to 11,455.62. The S&P 500 dropped 1.21 points to 1,259.47, while the Nasdaq Composite fell 5.23 points to 2,277.55. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 3:45 PM [GMT] ¦ comment?
found in Business: Markets