Addressing staff through a company-wide email, Charles Chao, Chief Executive of China’s internet-media giant, Sina Corp. (NASDAQ: SINA) charted out company’s strategy for 2013. Chao said that the company’s strategy will revolve around restructuring its business which would allow it to focus on mobile-computing business or “mobile-first” as described by the CEO.
Continue reading Sina’s CEO Unveils 2013 Strategy Through a Company-Wide Email (SINA)
Shares of magicJack VocalTec (NASDAQ: CALL), a provider of voice-over-Internet-Protocol (VOIP), the softphone and the magicJack products, have risen sharply in pre-market trading today after the Israel-based company raised its outlook for the fourth quarter and full year 2012. The company also announced the appointment of new President and CEO.
Continue reading magicJack VocalTec Rallies on Outlook (CALL)
Shares of Amarantus BioSciences Inc. (OTC: AMBS), a development-stage biotechnology company, are soaring in trading today. At last check, AMBS shares were trading 17.34% higher at $0.128 on above average volume of 30.59 million. The stock hit an intra-day high of $0.13 today. AMBS shares have gained more than 99% in the last three trading sessions.
Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, have edged higher in early trading today. At last check, TM shares were trading 1.49% higher at $91.71 on volume of 51,081. The stock hit an intra-day high of $92.17 earlier today.
Continue reading Major Movers on December 27; TM, DECK, MRVL, VVUS, KT, CHMT, AAPL, AMZN
Shares of Diodes Incorporated (NASDAQ: DIOD), the Plano, Texas-based worldwide manufacturer and supplier of application-specific standard products within the discrete, logic and analog semiconductor markets, have edged higher in early trading today after the company agreed to acquire BCD Semiconductor Manufacturing Limited (ADR) (NASDAQ: BCDS), a leading analog integrated device manufacturer.
Continue reading Diodes to Acquire BCD Semiconductor Manufacturing (DIOD, BCDS)
Car maker, Ford Motor Company (NYSE: F) announced on Thursday that it will be spending about $773 million for revamping manufacturing facilities in 6 southeast Michigan plants in 2013 as the company looks to launch next generation of products.
Shares of KIT Digital Inc. (PINK: KITD), a provider of end-to-end video asset management software and related services to enterprise clients, surged in trading on Wednesday.
Shares of World Moto Inc. (OTC: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, soared in trading on Wednesday.
Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, are marginally lower in early trading today. At last check, TM shares were trading 0.42% lower at $90.80 on volume of 71,782. The stock fell to an intra-day low of $90.41 earlier today. TM shares have fallen more than 2% in the last three trading sessions.
Continue reading Major Losers on December 26; TM, PG, KORS, NOW, AMZN, ESLT, WMT
Shares of Weatherford International Ltd. (NYSE: WFT), a provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells, are up sharply in trading today.
Continue reading Major Gainers on December 26; WFT, F, RIMM, RAD, PSSI, VALE, PTR