Technology Sector Declines despite Boost from Pandora
Publish Date : 6/15/2011 11:41:00 AM
The technology sector stocks mostly retreated Wednesday mornings, the session which saw the online radio company Pandora Media Inc. (NYSE: P) making a debut on the New York Stock Exchange.
|
Financial Sector Drops with Broader Market after Data
Publish Date : 6/15/2011 11:20:00 AM
The financial sector on Wednesday shed its gains from yesterday after the broader market dropped sharply on disappointing data showed drop in manufacturing in the New York region.
|
|
|
Google Cleared for Nortel Auction
Publish Date : 6/15/2011 11:00:00 AM
According to various news reports, Google Inc. has the green light to go forward with its $900 million bid for a plethora of patents puts up for sale by Nortel Networks Corp.
|
Greeks Goes on Strike over Austerity
Publish Date : 6/15/2011 10:30:00 AM
Thousands of Greeks joined a 24-hour general strike to protest against the government’s latest austerity measures amid worries over the Greece’s debt crisis after euro-zone officials failed to agree on the shape of a second aid package for Greece.
|
DST Systems Gets Buyout Offers: Report
Publish Date : 6/15/2011 9:40:00 AM
DST Systems Inc. (NYSE: DST), a provider of information processing and software services and products, has received several buyout proposals from private equity firms in recent months, Reuters reported, citing people with the knowledge of the situation.
|
Pandora Media Priced Shares at $16 in IPO
Publish Date : 6/15/2011 7:24:00 AM
Online radio company Pandora Media Inc., whose shares are expected to start trading today on the New York Stock Exchange under the ticker symbol “P”, sad late Tuesday that it has raised its share price expectation in its initial public offering to $16 a share, above an already raised range.
|
Sensata Technologies Buying Sensor-NITE for $325 Million
Publish Date : 6/15/2011 5:59:00 AM
Sensata Technologies Holding N.V. (NYSE: ST), one of the world's leading suppliers of sensing, electrical protection, control and power management solutions, has reached an agreement under which Sensata will acquire shares of Sensor-NITE Group Companies from Elex Group for $325 million (225 million euro).
|
Canada’s Breakwater Resources Agrees to Nyrstar Offer
Publish Date : 6/15/2011 5:12:00 AM
Canada-based mining, exploration and development company, Breakwater Resources Ltd. (Toronto: BWR) said today that it has entered into a binding agreement with Belgium-based Nyrstar NV, the world’s biggest zinc producer, under which Nyrstar has agreed to make an all-cash offer to acquire all of the issued and outstanding shares of Breakwater Resources.
|
Lockheed’s Space Systems to Eliminate 1,200 Jobs
Publish Date : 6/15/2011 4:04:00 AM
Lockheed Martin Corporation’s (NYSE: LMT) Space Systems Company, a major business area of the company, said that it is planning to eliminate 1,200 employees in order to address its affordability issues and improve is competitive posture.
|
