Autonomy: When All Else Fails, Blame the Bankers

He still says he never shopped his company to Oracle, and Autonomy CEO Mike Lynch keeps changing his story. Wait till you read the email from his banker to Oracle President Mark Hurd.
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Pandora Pulls a LinkedIn, As Tech-Starved Investors Gorge on IPO

How starved are investors for high-profile, high-growth Internet companies? Hungry enough to lift the value of Pandora to just under $4 billion in an hour of trading for the first time on the New York Stock Exchange under the ticker symbol “P.”
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LinkedIn Will Price at $45 a Share (Yes, That Would Be a $4.5B Valuation)

According to a press release about to post, LinkedIn will price its shares at $45 each in its IPO tomorrow. The price, at the top of its range, will give the Silicon Valley business networking company a $4.5 billion valuation.

Wall Street Welcomes the Content Farm: Demand Media Supersizes Its IPO

It’s the first big-name Web company to go public in a very, very long time. And there was enough appetite for Demand to sell more shares, at a higher price, than it had planned. Now everyone else gets to vote.

You Can Ring Its Bell: Demand Media Heads to Wall Street Next Week

According to numerous sources with knowledge of the situation, Demand Media will finally launch its public offering later next week, after it completes its road show for investors. Once it has its IPO, which is being led by Goldman Sachs and Morgan Stanley, Demand will trade as DMD on the New York Stock Exchange.

IBM Results Beat Expectations on Strong Hardware Sales

Strong hardware sales, led by the System Z mainframe business, boosted the quarter.

Demand Media Clears SEC and Prices IPO

Demand Media is set to go public, according to an amended filing with the Securities and Exchange Commission, with shares priced from $14 to $16 each. The online publisher could sell up to 8.625 million shares and, if it prices at the top of the range, it could be worth about $1.3 billion and raise $138 million.

Apparently Two Motorolas Are Better Than One

Shares of the cellphone-making unit rose in their first day of trading, while the remaining company, Motorola Solutions, held its own. The issuing of separate stock marks the end of a long process to divide the communications giant in half.

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Hello MOTOS

Motorola’s days as lone entity on the New York Stock Exchange are over. This morning the company’s long-planned split became official when Motorola Mobility Holdings, which handles the company’s mobile and consumer products business, and Motorola Solutions, which oversees next-generation communications products for enterprise and government, began trading under the tickers MMI and MSI, respectively. As of this writing, both are doing relatively well, with Motorola Mobility up more than 7 percent at $32.39 and Motorola Solutions up .23 percent at $37.40.

Demand Media's IPO–Which Won't Happen Until After the New Year Now–Depends on How It Accounts for Content

Demand Media’s latest amended regulatory filing for its IPO–which will now be taking place in 2011–gives investors greater detail about how and for how long the company accounts for its content costs. Apparently, pushing the envelope in content creation seems to also mean pushing it in accounting for it too.

AOL Stock One Week Later: Flat Is the New Up

AOL Spinoff Set for Dec. 9

Nortel Agonistes