Articles about shares

Tim Cook, photo by JStone via Shutterstock

Tim Cook trousers $135m in Apple shares

Apple CEO Tim Cook is $135m richer this week after receiving 1.26 million shares in the electronics giant, immediately selling $36m worth of them. Cooky announced the share provision in an SEC filing [PDF]. It forms part of a deal where he will receive seven million shares in the company by 2021. Most of the shares were …
Kieren McCarthy, 29 Aug 2016
Michael Dell, photo: Dell

Michael Dell bought his PC biz for a bargain, must get checkbook out for stiffed shareholders

A small number of former shareholders in Dell could be getting a sizable payout after a Delaware court ruled the IT biz was undervalued when it went private. Delaware Vice Chancellor Travis Laster ruled that the fair price for the company's shares at the time it went private was $17.62 per share, 22 per cent more than the $13. …
Iain Thomson, 31 May 2016
Hadoop

Hortonworks shares plunge 22% after secondary IPO news

In Brief The shares of the Hadoop open-source software distributor Hortonworks have plunged 22 per cent following the company's announcement that it had filed for a secondary IPO. Hortonworks is seeking to raise a proposed maximum $100m through the sale of common stock shares, according to a filing with the Securities and Exchange …
TalkTalk YouView set top box launch

TalkTalk claims 157,000 customers were victims of security breach

TalkTalk has once again attempted to downplay the seriousness of the attack on its systems by claiming on Friday morning that only four per cent of its customers – nearly 157,000 people – were affected by the security breach. The budget ISP said that bank account numbers and sort codes of 15,656 of its subscribers had been …
Kelly Fiveash, 6 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, 2 Nov 2015
Santa Claus on his laptop

Twitter CEO Jack Dorsey hands out shares to remaining staffers

Having recently put down his axe after hacking away 336 staff earlier this month, chief executive Jack Dorsey has now donned his Santa suit to hand out $200m (£130m) worth of stock to remaining employees. Dorsey said he was giving away about 1 per cent of the company to the company’s 3,700 employees, in Twitter's Teatime town …
Kat Hall, 23 Oct 2015
Stock ticker board

Acer: We're still a thing! We're still alive. And we are touting 300M shares

Acer wants to become a "hardware + software + services" biz – and issued 300 million shares on the Taiwanese Stock Exchange to fund this strategy and pay down debts. It’s been a challenging couple of years for Acer: a returning demand for PCs will help relieve the pain, although all the crystal ball strokers from Gartner to …
Paul Kunert, 13 Feb 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 …

Facebook-for-suits biz LinkedIn shares drop on weakened 2014 outlook

Shares in business networking site LinkedIn have dropped 7.8 per cent in after-hours trading, struggling back from an earlier low of 15 per cent, after it predicted weaker-than-expected results for the first quarter. The professional network said that it now anticipates revenue in the quarter of between $455m and $460m, …
Monty Python Norwegian Blue dead parrot sketch

Twitter shares tank as blabbergasm implodes in full glare of unforgiving investors

Twitter shares fell sharply on Wall Street today, wiping out about a quarter of the value of the micro-blogging site within minutes of trading opening in New York. The precipitous fall came after the company reported disappointing results in its first quarterly finance call since taking Twitter public last year. It's been a …
Kelly Fiveash, 6 Feb 2014
Nintendo 3DS

Let's-a go: Nintendo shares spike as China says yes to foreign console sales

Shares in Nintendo jumped over 10 per cent in Tokyo to a two-and-a-half year high after China said that it would lift a ban on sales of foreign game consoles. China has forbidden consoles in the country for the last 13 years, but officially announced yesterday that "gaming entertainment" would be allowed to go on sale in the …
Monster Beats Pro

HTC Beats off loss, but shares slip after disappointing quarter

HTC saw its shares slip 3.61 per cent in Taiwan as it narrowly avoided a quarterly loss, saved only by booking a profit from selling its stake in headphone brand Beats Electronics. The Taiwanese smartphone maker reported a worse-than-expected net profit yesterday, of just $300m ($10m) compared to a net loss in the previous …
Stock ticker board

Morgan Stanley: Web firms too fat and ugly to bother investing in

Morgan Stanley has lowered its view on all internet company stocks from "attractive" to just "in-line", warning that sector has to show some more growth if it wants to justify current valuations on shares. In a research note to clients, analysts said that investors had been looking at the total addressable market (TAM) …
Tesla Model S

Tesla shares dip as Elon Musk admits electrocar firm ran out of juice

Shares in Tesla Motors dropped over 14 per cent yesterday after CEO and founder Elon Musk revealed that the firm doesn't have enough batteries for its Model S. Billionaire inventor Musk told analysts in a conference call that US buyers had been left hanging after their cars were diverted to Europe because there weren't enough …

Investor lobs sueball at BlackBerry, says it 'misled' shareholders

A BlackBerry shareholder has filed a lawsuit accusing the company and its chief exec and CFO of inflating its share price with unrealistic promises about BB10, leading to thousands of investors getting burnt. The suit was filed in federal court in Manhattan, New York, by one Marvin Pearlstein, in the names of "thousands" of …
Bill Ray, 7 Oct 2013

Microsoft to execs: Please don't leave us. Here, have some shares

Microsoft will grease the palms of its most senior people with a lavish smattering of shares in a bid to prevent them following chief exec Steve Ballmer out the door. Ballmer finally handed in his notice at Microsoft in late August as the company flies low on the back of its disastrous Surface slab push and a rehashed re- …
Paul Kunert, 26 Sep 2013
SOURCE: http://www.sxc.hu/photo/959469

BILLION DOLLAR BALLMER: Microsoft chief makes $1bn simply by quitting

Steve Ballmer has just seen his personal wealth surge by a cool $1bn after announcing his retirement from Microsoft - which immediately caused the company's stock to soar close to a 12-month high on Wall Street. The software vendor, which trades on Nasdaq under the MSFT banner, saw its shares initially surge by close to 9 per …
Kelly Fiveash, 23 Aug 2013
The Register breaking news

Groupon pops corks: Happy CEO, sales and shares up, profit... oh

Groupon has named co-founder Eric Lefkofsky as the next chief exec at the same time as announcing better-than-expected revenues in this year's second quarter, sending shares shooting up 25 per cent. This is despite making a $7.6m loss during those three months, whereas it made a profit of $28.4m the same period last year. The …

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