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Articles about S&P 500

eBay boss tells workers to ignore 'noisy' Icahn's PayPal sale campaign

eBay chief John Donahoe has warned employees to ignore Carl Icahn's "noise" about the board and the proposed spin-off of PayPal. Icahn has been engaged in a fierce campaign to convince the online bazaar to spin off the payments firm and has levelled allegations that the board isn't fit to make the decision, claiming conflicts of …
The Register breaking news

Apple's Tim Cook: I'm risking my own MEELLLIONS if we sink

Apple CEO Tim Cook has tied his future pay packet to the fruity firm's performance, in a move which could end up costing him over $100m. In a bid to stave off concerns that his company is on the verge of catastrophic decline, Steve Jobs' heir has put his own neck on the line by promising to sacrifice almost 40 per cent of the …
Jasper Hamill, 24 Jun 2013
The Register breaking news

Four Apple execs among US top five best-paid in 2012

Four the top five highest-paid executives in the S&P 500 last fiscal year were Apple senior managers – and CEO Tim Cook was not among them. According to a Bloomberg report on Monday, Apple's board of directors are apparently quite eager to keep their top team members happy – and, more importantly, to keep them from straying off …
Rik Myslewski, 15 Apr 2013
The Register breaking news

Nvidia joins
S&P 500

Nvidia is to replace ailing energy corporation Enron in Standard & Poor's index of top 500 companies, the financial information company said last night. Nvidia's shares closed at $53.61 yesterday after 38.3 million shares changed hands - four times as many Nvidia shares as are normally traded in a day - almost certainly on the …
Tony Smith, 30 Nov 2001
Compuware logo

BEELLIONAIRE Paul Singer slings $2.3bn into Compuware

New York-based hedge fund Elliott Management has been on the hunt for undervalued software companies in which to invest. A few years back, it tried to buy Novell and failed in the attempt. But last month Elliott started amassing shares in Compuware, a systems and application management software maker, and now it wants the whole …
Champagne parachute

Springtime for Red Hat, springtime for Salesforce ...

It has been the best of times for the technology industry, with technology stocks at a 12-year high. But it's about to be the worst of times, at least according to stock market trends. Given that the tech sector comprises 19 per cent of the market capitalisation of the S&P 500, which has crumpled by 7 per cent recently, we seem …
Matt Asay, 22 Nov 2012
fingers pointing at man

Micron CEO waddles onto fattest cat list

Micron CEO Stephen Appleon is the 25th most overpaid CEO in America according to a Business Insider story, citing proxy advisory group Glass Lewis's CEO pay survey. Appleton trousered $8,448,639 pay in 2009. The pay level is computed from salary, bonuses, stock options and golden hellos. Micron CEO STeven Appleton A Glass …
Chris Mellor, 13 Oct 2010
fingers pointing at man

Dell partner CIT dodges bankruptcy

Financial services giant CIT Group, which dabbled just a bit too much in subprime mortgages, is on the verge of getting some $3bn in emergency financing from its bondholders in order to avert bankruptcy, according to Reuters. There are two IT angles to this story. Firstly, CIT is a long-time partner of PC and server maker Dell, …
channel

Intel juices cash dividend (again)

Intel is rolling in cash, and like all mature companies, it pays a dividend to reward its shareholders and to help boost its share price in a positive feedback loop that, in turn, helps it make more money. Intel has so much cash – even after shelling out a fortune to invest in its future 22-nanometer chip fabs – that on …
The Register breaking news

New customers drive Teradata to new heights

When announcing its financial performance for its most recent quarter, data-warehousing pioneer Teradata proved that it's continuing to do well despite heavy pressure from IBM, Oracle, EMC, and HP – and also, like its rivals, that its still trying to figure out just how large of an opportunity business analytics on unstructured …
Identity

Personal data for 650,000 customers vanishes into thin air

Personal information belonging to more than 650,000 US customers of J.C. Penney and other retailers is at risk after the company hired to safeguard the data lost a backup tape. The information, which was entrusted to a company called GE Money, included social security information for about 150,000 people. The data was on a …
Dan Goodin, 18 Jan 2008
The Register breaking news

Roundup: Yesterday's markets

Wall Street was disappointed that the Fed cut in the overnight lending rate was only a quarter percent, so the market indexes moved just a little lower at the close, although the Dow fell 100 when the news was first known. Still, it was the first rate cut since January 1996, and the market hopes for a further reduction. Micron …
Graham Lea, 30 Sep 1998
The Register breaking news

Google slammed for corporate sleaze

Google's eleventh hour price adjustment might have saved it some red-faces when it finally floated last week, but it's back to earth with a bump this week. The Securities and Exchange commission has confirmed that it will investigate Google's chaotic allocation of buddy shares in the year preceding the flotation. Google had …
Andrew Orlowski, 23 Aug 2004
The Register breaking news

HP staff told not to open Fiorina-A virus

A nasty virus has found its way onto HP's corporate servers, and employees have been warned that the payload is far too damaging for their fragile eyes. The virus, you see, is really a document chock full of criticisms for HP's CEO Carly Fiorina. The Fiorina-A bug arrives in an innocent package. It's a file with the tag " …
Ashlee Vance, 29 Jan 2004
DVD it in many colours

Brocade is just the beginning - warns SEC chief

The feds have put Silicon Valley on notice: there'd better be a damn good reason for putting the wrong date on share allocations and then hiding options from Wall Street, otherwise you're in big trouble - the kind of trouble that lands a man in jail for 20 years and costs him $5m. Officials from the FBI and Securities and …
Gavin Clarke, 21 Jul 2006
The Register breaking news

Gates' gang sell shares, make huge wedges of cash

Bill Gates and his Microsoft co-founder chum Paul Allen have been selling shares. Data from Microsoft's proxy statement just filed with the SEC shows that Gates sold $2.8 billion of Microsoft shares over the last year, and Allen $4.4 billion. The valuations are on the basis of last week's closing price. Gates has $57 billion of …
Graham Lea, 28 Sep 1998