Articles about Stock

Lenovo stock: The channel iceberg is melting

Until recently, dusty Lenovo PCs were looking a likely candidate to replace concrete in the British construction sector, such was the inventory glut confronting local ops. Things have improved, but still aren’t great. The company has already written down Windows 8.1 stock across Europe in July, Lenovo EMEA president Eric Cador …
Paul Kunert, 30 Sep 2015

Insider trading ring hired 'Ukrainian hackers to scoop stock market'

The FBI says it has cracked open an insider-trading ring which employed Ukrainian hackers to pinch corporate announcements from news wires and then traded stocks based on the unreleased information. Nine men have been named in a pair of indictments filed in New York and New Jersey. Five of the nine were arrested in a series of …
4 arrows signs in arrow on wooden wall

Apple goes to crapple in stock plunge kerfaffle: $113bn wiped off in days

Peak Apple Apple is in the midst of a stock drop that has caused the Cupertino giant to lose as much as $113bn in market cap. Since posting its last quarterly numbers, Apple (Nasdaq:AAPL) has seen its stock price drop from $125.22 per share to a low point of $112.10. Wary that Apple's meteoric growth from recent years is slowing down as …
Shaun Nichols, 05 Aug 2015

Lenovo Euro supremo: Yes, we wrote down PC stock, what about it?

Lenovo’s EMEA president has confirmed the company was forced to write down excess PC inventory after the downturn in the industry caught it and other players in the market short. As revealed months back, Lenovo was the worst offender in a European sector where demand fueled by Microsoft ending support for XP and by wider …
Paul Kunert, 12 Aug 2015

Google stock buy-back: You'll groan when you realize where that $5,099,019,513.59 figure came from

Internet advertising giant Google is still banking boatloads of ad cash, and plans to buy back billions in stock. The Mountain View goliath said its mobile advertising revenues were particularly strong over the previous three months, as it saw gains in the number of clicks on banners. Here are the top GAAP stats and facts …
Shaun Nichols, 22 Oct 2015

Will stock market swipe right on Tinder? Match Group files bid to IPO

Online dating is big business – but just how big? Well, the father of all cyber-cupids, Match Group, has filed its paperwork to go public. The group, which includes old gent of the online dating scene as well as OKCupid and hookup app Tinder, is expecting to make just over $1bn in revenue this year. According to …
Kieren McCarthy, 16 Oct 2015
Apple Watch lineup

Pre-order consumergasm will leave Apple Watches out of stock for months

An estimated one million consumers have flashed the plastic to pre-order an Apple Watch, leaving the fruity firm without stock to meet additional demand for months. According to Slice Intelligence, roughly one million fanbois in the US have pre-ordered one or more of the smartwatches. Or The Watch That Watches You Back, as …
Unicorn. Detail from Domenico Zampieri fresco in Rome

Greece? Zzzz. EU bank says TWEETING can move the stock market

Worstall on Wednesday What is it that Twitter is better at than Google at doing? Over and above the obvious point that Twatter is better at broadcasting 140 character apercus to the world, while Google is better at telling you the answer to something? That answer is, as the boys at the European Central Bank (PDF) have just told us all, predicting …
Tim Worstall, 22 Jul 2015

Overland Storage in fiendish reverse stock split share value ploy

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is wanting to do a reverse stock split to get its share price up above the Nasdaq exit level. This is revealed in an SEC Form-8K filing by Overland. It states: "On April 3, 2014, the Board of Directors of the Company approved a one-for-five (1- …
Chris Mellor, 04 Apr 2014
Measuring up Apple

You'll never believe it: Apple stock is going for CHEAP

Frantic fanboi investors might be freaking out today as Apple stocks appear to have lost 85 per cent of their value over the weekend, with the price dropping from around $645 to an opening price of $92.22. But fear not, Apple lovers. The apparent plummet is just a bit of share shuffling to try to reignite investor interest in …
Team Register, 09 Jun 2014

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …
Stock ticker board

Power of iPhone 6 hype-gasm: Apple a sniff away from record stock high

Peak Apple Apple's stock today inched toward the company's record high as investors eager for new products pushed shares over $100 apiece. It's the first time Apple stock price has hit triple figures since the company undertook an ambitious 7:1 stock split in June this year. Apple used the split to put more shares on the market and, in …
Shaun Nichols, 20 Aug 2014

'Big data' predicts stock movements, boffins claim

Researchers from the Warwick University's business school reckon they can predict the next crash, by watching Google searches and Wikipedia. The supposed power of Google as a predictive tool has been popular in academia ever since The Chocolate Factory unveiled Google Flu Trends back in 2008. Its usefulness for real-world …
gTLD graphic

Want to own .app, .blog or .pet? Best sell a third of yourself for $100m on London Stock Exchange

Internet registry Afilias hopes to build a $100m (£62.3m) war chest by floating on the London Stock Exchange – just in time to spend the cash snapping up the rights to new dot-word domains. The company will sell 30 percent of itself next month, ahead of a critical dot-word auction planned for 17 December. Some 21 valuable new …
Kieren McCarthy, 23 Oct 2014
Tesla's Elon Musk

Elon Musk says Tesla's stock price is too high ... welp, NOT ANY MORE

Elon Musk's mouth has cost him a pretty penny after he told the press that he thinks his electric car company is a tad overvalued at the moment. "I think our stock price is kind of high right now," Musk told CNBC. "If you care about the long term, Tesla, I think the stock is a good price. If you look at the short term, it is …
Iain Thomson, 05 Sep 2014

Bechtolsheim's baby Arista Networks soars in stock market debut

Arista Networks has gained in its stock market debut, likely causing some employees at networking giant Cisco's competitive intelligence team to put together some slides on what the implications of a wealthy, publicly-listed competitor are for networking incumbents. Arista's stock increased 33 per cent on its debut day to $57 …
Jack Clark, 06 Jun 2014
The Register breaking news

Facebook stock-spaffers officially LOSERS: Stock hits all-time high of $45

Facebook shares rose over three per cent to a new high yesterday, finally breaking past $45 for the first time since its IPOcalypse last year. This means that even those who paid the highest price the shares hit on the first day of trading would no longer be out of pocket if they sold – that is, if they have held on to their …
BlackBerry Passport

Vodafone to stock BlackBerry Passport – on sale tomorrow

The new, interesting and really rather good Blackberry Passport will soon be available to Brits on Vodafone. That is to say “will” rather than “is” as Vodafone isn’t taking pre-orders for the device, which will go on sale tomorrow, and there is currently no pricing information. Two attempts to order an upgrade – online and …
Simon Rockman, 30 Sep 2014

AMD stock soars after positive quarterly report

AMD's stock rose by as much as 13 per cent on Monday morning when the Wall Street moneymen returned to work after their Good Friday holiday and rewarded the microprocessor and graphics design firm for its upbeat financial report for the first quarter of 2014. AMD's Monday, April 21 stock price rise We can hear the champagne …
Rik Myslewski, 21 Apr 2014
Stock ticker board

Fujitsu: Sayonara, London Stock Exchange... You're not worth the money

Japanese giant Fujitsu is to yank its shares from the London Stock Exchange in a move that will help it cuts costs and which recognises the shifting sands in global financial markets. The application to delist common stock and European Depository Receipts* from the Official List of the UK Listing Authority**, as well to cancel …
Paul Kunert, 28 Nov 2013
Candy Crush Saga

Candy Crush King sees IPO go sour as stock price heads south

Mobile games firm King Digital failed to take the stock market by storm Wednesday as the firm's initial public offering (IPO) saw its stock price decline by more than 15 per cent at close of trading. The company made famous for its Candy Crush mobile game had been seeking a valuation of roughly $7bn wen it offered its shares on …
Shaun Nichols, 27 Mar 2014

Box shock stock doc clocks 250 million bucks

Box has filed its hotly anticipated initial public offering (IPO) paperwork to the US Securities and Exchange Commission (SEC). The upstart's S-1 document was published this afternoon, US West Coast time, putting in motion its stock market debut. Box, which provides online file-sharing for businesses, wants to raise $250m from …
Shaun Nichols, 24 Mar 2014
Twitter for Mac Old

TWITTER CLOSES ... its first day of stock trading with shares up 73 per cent

Twitter and its financial advisors will be patting themselves on the back and counting their bucks after the firm's first day on the stock exchange saw its perceived value rise 73 per cent at the close of trading. Twitter stock price Investors piled into the stock at the start of trading; nearly doubling its initial $26 IPO …
Iain Thomson, 07 Nov 2013

'NSA, GCHQ-ransacked' SIM maker Gemalto takes a $500m stock hit

The world's biggest SIM card manufacturer, Gemalto, revealed yesterday to have been hacked by the NSA and GCHQ, has taken a $470m hit in its stock price. Gemalto was caught unawares by the revelation that the US and UK intelligence agencies had compromised its systems, and stole potentially millions of SIM card keys used to …
John Leyden, 20 Feb 2015

US stock markets unveil new IPOcalypse-BUSTERS to watchdogs

US stock exchanges have said that they’ve figured out how to help stop technical trading glitches, following orders from regulators to come up with new rules after trading on the NASDAQ ground to a halt for three hours in August. Market operators including NYSE Euronext and NASDAQ OMX said they had agreed on certain proposals …
Stock ticker board

Acer pair charged with insider trading for '$72k pre-results stock dump'

Two senior Acer staffers have been charged with insider trading – after allegedly offloading shares worth $72,300 just before the PC giant announced fresh financial losses. Former company mouthpiece Henry Wang and investor relations division senior manager Jiong Yuan Chen were charged in Taiwan late last week along with five …
Paul Kunert, 12 May 2014
Kim Dotcom

Dotcom's Mega looks for a backdoor onto NZ stock exchange

Kim Dotcom’s cloud storage business Mega Ltd has announced plans to go public with a NZ$210 million (£109m) backdoor listing on the New Zealand stock exchange, which will open the firm up to a whole new level of scrutiny. Backdoor listings are usually enacted by smaller firms looking to go public without the cost and hassle of …
Phil Muncaster, 25 Mar 2014

Terminator-maker 'Cyberdyne Inc' lists on Tokyo stock exchange

El Reg readers of a more fatalistic disposition may be dismayed, but probably not surprised, to hear that Cyberdyne - the company that invented Skynet and ultimately the murderous "Terminator" machines - has just listed on the Tokyo stock exchange. Of course, it’s not the shadowy defence firm of the iconic Arnie films, which …
Phil Muncaster, 27 Mar 2014
The Chocolate Festival, London

Google spews out Alphabet. Alphabet gobbles Google

Google morphed into its new holding company, Alphabet, after close of business on Friday. The Chocolate Factory announced a huge rejig of its biz in August, when Sundar Pichai was crowned chief exec of Google. The ad giant's co-founder Larry Page and Sergey Brin now head up Alphabet as CEO and president. Google, meanwhile, …
Kelly Fiveash, 03 Oct 2015

Biometrics not so trustworthy: False Samsung stock-pump buy draws Swedish cops

An elaborate scam saw shares in Swedish biometrics firm Fingerprint Cards rise by over 50 per cent after a false press release was circulated saying the company was being bought by Samsung. On Friday press release distributor Cision put out the fabrication, claiming the Swedish firm had been bought for $650m in a cash deal with …
Iain Thomson, 12 Oct 2013

Pure as the driven IPO: Upstart tells SEC it's go for stock market debut

Pure Storage, funded to the tune of $470 million and valued at around $3 billion, has filed for an IPO. The all-flash array biz was founded in 2009 and has taken in funding and grown fast every year. It's currently being ranked as the second highest player in the all-flash array market behind EMC, which Pure sees as its main …
Chris Mellor, 13 Aug 2015

Buffet would take a $2bn hit on IBM shares … if he cashed in now

Warren Buffet, one of the world’s wealthiest men and a stock market gambler renowned for avoiding tech bets, is counting the billions of dollars lost – as it stands – after taking a punt on IBM. The tycoon’s Berkshire Hathaway fund has confirmed some 16 per cent of its $12.3bn cash splash on Big Blue shares over the past four …
Paul Kunert, 09 Nov 2015
Batman slapping Robin

HP Inc shares rocket 13% on Wall Street debut after split

Hewlett Packard's split on Sunday created an interesting moment on the New York stock market today: shares in HP Inc jumped more than 13 per cent, while HP Enterprise watched its shares fall as much as five per cent. The two firms' first, tentative steps away from each other tell us that HP Inc's PCs and printers please the …
Kelly Fiveash, 02 Nov 2015

Strapping strap-on chaps strap in to tap that vat of greenbacks

Health-monitoring wearables maker Fitbit has set the price for its initial public offering (IPO) at US$20 per share. Fitbit said that, on Thursday, it will put 36,575,000 shares of class-A stock on the market with that twenty buck starting price. That would add up to approximately US$731.5m (£461m) in total sales, though that …
Shaun Nichols, 18 Jun 2015
Samsung Diva

Seoul-blackening disappointment for Samsung backers as stock droops

Shares in Samsung Electronics fell to their lowest in four months, dropping over four per cent on Thursday, after analysts said the firm's quarterly earnings were likely to be hit by the strong won and weaker business in its display unit, according to Reuters. The Korean chaebol's stock closed down 4.6 per cent on its fifth …

Connected Data gobbled for $7.5m? More like an $80m funding round

CEO Q&A The $7.5m purchase of Connected Data by Imation can be looked at as an $80m funding round with a potential bonanza from a successful Imation restructuring-driven stock price rise. Also, as well as the $7.5m paid up front, there is a potential $5m earn-out in more Imation stock based on revenue targets in the two halves of 2016 …
Chris Mellor, 15 Oct 2015

Tax bill could kibosh Dell-EMC deal

Dell could be landed with a $9bn tax bill for buying EMC - a deal-breaker. That’s what Dell insiders are telling the Silicon Valley publication Re/Code. At the heart of their concern is how the Internal Revenue Service will treat the tracking stock in VMware, an EMC subsidiary, that Dell plans to issue to help fund the …
Drew Cullen, 11 Nov 2015

Three men indicted over JPMorgan Chase megahack

Three men have been indicted over the 2014 cyberheist of the largest US bank, JPMorgan Chase & Co. That attack involved the compromise of sensitive personal details of 76 million households and 7 million small businesses. Three men, two Israeli nationals Gery Sharon and Ziv Orensteini, as well as US national Joshua Samuel …

Billionaire Soros 'likes' Facebook to the tune of $212m; Alibaba out of favour

Billionaire George Soros has slurped up $212m (£135m) of Facebook shares, while simultaneously shedding $365m (£233m) of stock in Chinese giant Alibaba. Last quarter, Soros had just $10.2m (£6.5m) in Facebook shares and $370m (£236m) invested in the Chinese tat bazaar. The shift in stock preferences was revealed in a …
Kat Hall, 17 Aug 2015

Official: WD buys SanDisk

Consolidation in the storage industry is speeding up. One week after Dell decides to buy EMC for $67bn, Western Digital is using Unisplendour money to buy SanDisk for $19bn to create an enterprise and consumer flash powerhouse. Speculation about a SanDisk purchase by Western Digital has been intense, following the $3.8bn …
Chris Mellor, 21 Oct 2015
iPhone 6S camera

As US$12bn is wiped off Apple's value in one day, iOS 9, OS X 10.11 and Watch OS 2 dates set

Apple unveiled a trio of new products today, but Wall Street was hardly moved, as the Cupertino electronics racket dropped its stock price. CEO Tim Cook took to the stage in San Francisco on Wednesday to show off the iPad Pro, iPhone 6S/6S Plus, and Apple TV. Though the Apple-appointed crowd cooed and fawned over the new …
Shaun Nichols, 10 Sep 2015

Billionaire dumps Apple stock because Steve Jobs was 'really awful' guy

Julian Robertson, a Wall Street moneyman who has agglomerated billions from his hedge-fund investments, has sold all of his stock in Apple Inc., not because he necessarily believes shoveling his spondulicks towards Cupertino is a bad bet, but because he has come to the conclusion that Steve Jobs was a "really awful" person. "The …
Rik Myslewski, 08 Oct 2013

Icahn to Cook: 'Buy back $150bn of Apple's stock, or tell me why you won't'

Fresh from his flopped attempt to prevent Dell from going private, activist investor Carl Icahn has turned his attention towards Apple, advising CEO Tim Cook to up his stock-buyback plan to a cool $150bn. Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in …
Rik Myslewski, 01 Oct 2013
Stock market. Pic: Alberto Carrasco Casado

Softcat execs set to become overnight millionaires

Updated Softcat has floated on the London Stock Exchange with shares priced at 240 pence each, valuing the Marlow-based tech reseller at £472.3m. The first day of trading is expected to be 18 November and the firm was asked to open the LSE trading floor on that day. In the meantime, shares are tradeable on a conditional basis and had …
Paul Kunert, 13 Nov 2015
The road running through the PRATCHETT landing area

Dell-EMC deal difficulties: VMware and daddy postpone roadtrip

The Dell-EMC acquisition was announced on 12 October this year, with Dell buying EMC along with its 80 per cent holding in VMWare. Since the deal was announced, VMWare shares (VMW) have lost considerable value compared to EMC’s shares. Bernstein analyst Toni Sacconaghi thinks the EMC share price fall “can be attributed to the …
Chris Mellor, 25 Nov 2015

PEAK TECHNOLOGY? Facebook, Amazon, Netflix, Google, Apple stocks hit the deck

Thursday was a rough day on Wall Street for many of the biggest names in the tech industry, as stocks dipped across the board. The Dow Jones Industrial Average fell by 2.06 per cent, and the Nasdaq 100 Index was down 2.8 per cent, on the day Facebook, Amazon, Netflix, Google, and Apple all saw their share prices dip – wiping $ …
Shaun Nichols, 21 Aug 2015
GoPro HD Hero

Strap-on gumble biz GoPro files for stock market debut in US

Video Wearable camera-maker GoPro has filed with US regulators to raise at least $111m in an initial public offering. The firm, which markets its rugged wee point-and-shoots to sports enthusiasts, is breaking the mould for startups that want to go public by actually being profitable. The firm earned $60.6m in 2013, after it almost …

NASDAQ halts stock trading, citing data-feed glitch

Updated A technical problem halted Nasdaq securities trading on Thursday, putting stocks such as Apple and Microsoft into limbo. The glitch was due to problems with the trading systems that disseminate pricing quotes, and led to a freeze in the trading of NASDAQ-backed securites at 12:14 Eastern Time. In a statement, the Securities and …
Jack Clark, 22 Aug 2013
Guardian 2.0

Guardian: 'Oil reserves will soon be worth NOTHING!' (A bit like their stock tips, really)

Worstall @ the Weekend It's not going to come as all that much of a surprise that those who worry excessively about climate change aren't really all that up to speed with economics as a subject in general. But it should produce a little amazement (or a chortle or two perhaps) when said usual suspects launch a new campaign that deliberately ignores a …
Tim Worstall, 22 Mar 2015
Hortonworks logo

Yahoo!-backed Hadoop biz Hortonworks flings itself at the stock market

Big data analytics firm Hortonworks filed paperwork with the US Securities and Exchange Commission on Monday announcing its intent to go public, making it the first of the Hadoop startups to float an initial public offering. The filing didn't say how many shares Hortonworks plans to offer or at what price, but it estimated the …
Neil McAllister, 10 Nov 2014