According to news reports, professional networking website, LinkedIn Corp. (NYSE: LNKD) is close to acquiring Pulse, a news reading app, in deal estimated between $50 million and $100 million.
Continue reading LinkedIn to Acquire News Reading App, Pulse: Media Reports (LNKD)
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) slumped about 11% after the company reported that its losses in the fiscal fourth quarter widened as it shipped fewer number of solar modules. Since last one year, Canadian Solar’s top line has felt the pinch in the backdrop of lackluster demand for its solar panel and equipment. Due to excess supply of low priced solar panels from China, prices of wafer and modules have fallen sharply.
Continue reading Major Movers on March 11; CSIQ, BBRY, DKS, ZNGA, GNW
Billionaire investor Carl Icahn said on Monday that he has entered into a confidentiality agreement with Dell Inc. (NASDAQ: DELL) possibly putting an end to an altercation over computer maker’s $24.4 billion sale. The agreement would allow Icahn to have access over Dell’s financial records. Icahn’s company, Icahn Enterprises, has said it holds a substantial stake in the company. However, it still unclear how much stake Icahn holds in Dell.
Continue reading Dell and Icahn Enter Confidentiality Agreement (DELL)
Shares of MediSwipe Inc. (PINK: MWIP), a provider of transaction processing and security solutions for the medical and healthcare industries in the U.S. and internationally, are climbing in trading today. At last check, MWIP shares were trading 13.04% higher at $0.0728 on volume of 6.23 million. In the last three trading sessions, the stock has gained 16.45%.
Shares of Be Active Holdings Inc. (OTC: JALA), a manufacturer of frozen yoghurt and fudge bars, are soaring in trading today. At last check, JALA shares were trading 16.13% higher at $0.18 on above average volume of 6.081 million. The stock hit an intra-day high of $0.1879 earlier today.
Blackberry’s (NASDAQ: BBRY) generation next smartphone the Z10 will probably hit the U.S. market by the end of next week, according to Bloomberg news.
Continue reading Blackberry’s Z10 Model Soon to Hit U.S. Market (BBRY)
Pandora Media Inc. (NASDAQ: P) shares rallied on Friday after the Internet radio company, following closing bell on Thursday, reported narrow-than-expected loss in the fiscal fourth quarter and revenue which beat analysts’ consensus estimate. The Company also provided upbeat guidance on the fiscal first quarter. Separately, Company’s Chief Executive, President and Chairman, Joseph Kennedy said that he will step down from his position. The Company is in look out for successor and Kennedy will continue to lead the company until his replacement is found.
Continue reading Major Movers on March 8; P, SKUL, ANN, THO, ZQK
Shares of Pandora Media Inc. (NYSE: P) rallied over 15% on Friday after the Internet radio company late last evening reported lower-than-expected fiscal fourth-quarter loss and provided upbeat outlook on the current quarter, thanks to its growing traction. The Company said that it commands nearly 8% of total radio listening.
Continue reading Pandora Media Provides Upbeat Guidance on Q1, Shares Rally (P)
Telecommunications-equipments and solutions provider, Finisar Corporation (NASDAQ: FNSR) reported late last evening that it swung into a loss in its fiscal third quarter bottom line felt the pinch due to dip in revenue and higher expenses.
Continue reading Finisar Q4 Outlook In-Line With Street’s Forecast (FNSR)
Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a company engaged in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers globally, have skyrocketed in trading today.