Business
Groupon (GRPN) Hits New Record High On Analyst Upgrade
The shares of Groupon (NASDAQ:GRPN) reached a new all time after an analysts issued a positive conviction regarding the future of the daily deals company. The stock rose by almost 9% to as much...
Business
Federal Reserve Maintains $85B Stimulus, Stock Markets Rally
The stock markets in the United States rallied to a new record high after the Federal Reserve surprisingly maintained its $85 billion monthly stimulus or bond-buying program. Policy makers were concerned that the sudden...
Business
Microsoft Boosts Dividend By 22 Percent, Renews $40B Shares Buyback
The board of directors of Microsoft Corporation (NASDAQ:MSFT) approved a 22% increase to the quarterly dividend of the company to $0.28 per share. The board also renewed the $40 billion shares repurchase program of...
Business
Summers Exits Fed Candidacy; U.S. Stock Markets Rally
The stock markets in the United States rallied over the decision of former National Council of Economic Director, Lawrence Summers to withdraw his candidacy to become the next head of the Federal Reserve to...
Business
Dell Shareholders Approve $24.9 Billion LBO Deal
The shareholders of Dell (NASDAQ:DELL) formally approved the $24.9 billion leveraged buyout (LBO) offer by its founder and CEO, Michael Dell and Silver Lake Partners after a long battle against activist investor, Carl Icahn who strongly believed that the proposal “greatly undervalues” the PC maker.
Business
Twitter Confirms IPO With A Tweet
Twitter, the popular micro blogging company confirmed the filing of its initial public offering (IPO) with the Securities and Exchange Commission via tweet. Analysts and investors as well as the media covering the technology...
Business
Carl Icahn Ends Fight to Stop Dell Buyout
Activist investor, Carl Icahn decided to end the fight to stop the buyout proposal of Michael Dell and Silver Lake Partners to take Dell Inc (NASDAQ:DELL) private.
In a letter to his fellow shareholders on...
Business
Wells Fargo Remains Committed In Offering Student Loans
Wells Fargo & Company (NYSE:WFC) remains committed in offering student loans despite the exit of other major banks in the business and a stringent scrutiny from regulators concentrating on the private student lending market.
Since...
