Netflix to Sell $400 Million in Stock and Convertible Bonds (NFLX)
Netflix Inc. (NASDAQ: NFLX), the Los Gatos, California-based DVD rental company, announced that it is selling $400 million in stock […]
Hewlett-Packard’s Q4 Profit Drops 91% (HPQ)
Hewlett-Packard Company (NYSE: HPQ), after market close on Monday, reported its fourth-quarter financial results, posting a 91% drop in profit.
Stalled Budget Talks Hurt U.S. Stocks
Concerns today grew that $1.2 trillion in automatic federal budget cuts will be triggered if lawmakers fail to reach a
Gold Prices Tumble on Margin Selling
Gold prices tumbled in trading today due to margin selling triggered by a sell-off in equity markets. The sell-off in
Focus Media Shares Tumble after Muddy Water Alleges Fraud (FMCN)
Focus Media Holding Limited (ADR) (NASDAQ: FMCN) shares are sinking in trading today after Muddy Waters Research, an investment research
AIG’s Former CEO Sues Government Over Bailout
Maurice Greenberg, former CEO of American International Group Inc. (NYSE: AIG), has sued the U.S. government over the bailout of
EBay Acquires Hunch for Better Recommendations
EBay Inc. (NASDAQ:EBAY) announced on Monday its acquisition of social network data analysis firm, Hunch to develop the ecommerce giant’s recommendation
Tyson Reports Fall in 4th Q Profit
Processed foods manufacturer, Tyson Foods Inc. (NYSE:TSN) reported a fall in its fourth quarter net income, because of the increased
Bill Gates to Testify in Utah Lawsuit
Bill Gates, the Chairman of Microsoft Corp (NASDAQ:MSFT), is set to testify in anUtah lawsuit, a billion dollar antitrust lawsuit
Procter & Gamble CEO, John G. Smale, Dies
Former Procter & Gamble Co. (NYSE:PG) Chief Executive Officer, John G. Smale, who led the company through a period of