In a move to cut costs, Mark Pincus, Chief Executive of beleaguered Company Zynga Inc. (NASDAQ: ZNGA) announced in November that the social gaming company will be shuttering out-of-favor games.
Continue reading Zynga Pulls Out 11 Games to Slash Costs (ZNGA)
Duff & Phelps Corp. (NYSE: DUF), a New York City-based provider of independent financial advisory and investment banking services, announced over the weekend that it signed a definitive merger agreement under which a private investor consortium will acquire the company for $15.55 per share in cash.
Continue reading Duff & Phelps to be Acquired by Private Investor Consortium (DUF)
Shares of Barnes & Noble Inc. (NYSE: BKS), a content, commerce and technology company that provides consumers access to books, rose sharply in trading on Friday after the company announced that Pearson (NYSE: PSO) agreed to make a strategic investment in Nook Media LLC.
Francesca’s Holdings Corp. (NASDAQ: FRAN) Director Richard Emmett bought 5,000 shares of FRAN common stock earlier this month. Following the purchase, Emmett, who has been a board member since 2009, now holds 10,000 shares of FRAN common stock.
Continue reading Francesca’s Holdings Director Buys 5,000 Shares (FRAN)
Shares of Organovo Holdings Inc. (PINK: ONVO), a developer of three-dimensional (3D) bioprinting technology for creating functional human tissues on demand for research and medical applications, have risen sharply in early trading today.
Shares of World Moto Inc. (OTC: FARE), a global authority on the $500 billion a year motorcycle taxi industry, are soaring in trading today.
Shares of Cepheid (NASDAQ: CPHD), a molecular diagnostics company engaged in the development, manufacturing and marketing of integrated systems for testing in the Clinical market, are soaring in early trading today.
Continue reading Major Movers on December 28; CPHD, AMD, HCA, GRPN, ARNA, FB, BAC, RIMM
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.