Tricia Duryee in Commerce on April 4 at 4:26 pm PT
Shares are now half-off, but no one seems to be buying.
Voices
Pui-Wing Tam, Reporter, The Wall Street Journal in Voices on January 4 at 5:30 am PT
Over the past year, Marc Andreessen invested in a series of high-profile Web companies, including Facebook Inc., Twitter Inc. and Groupon Inc. Now the Silicon Valley venture capitalist is hitting the pause button on such big-name deals.
News Byte
Arik Hesseldahl in News on October 17, 2011 at 9:49 am PT
On the day it announced that sales of the iPhone 4S
surpassed four million units over the weekend, shares in Apple hit their second record high in as many days. Shares peaked at $426.70 a share, up $4.70 from Friday’s close of $422, before falling back in midday trading. Share price has risen by more than 97 percent this year.
Voices
Tom Lauricella, Reporter, The Wall Street Journal in News on April 4, 2011 at 10:45 pm PT
In a move likely to ripple across the stock market, Nasdaq OMX plans to announce Tuesday a rare rebalancing of its Nasdaq-100 index, which will reduce the big weighting of Apple Inc. The company currently makes up more than 20 percent of the index. The rebalancing was driven in part by the seemingly unstoppable rise in Apple shares.
John Paczkowski in News on January 20, 2011 at 1:30 pm PT
Eric Schmidt once said Google’s “policy is to get right up to the creepy line and not cross it.” But during his soon-to-end tenure as CEO he happily high-stepped across that line like the grand marshal of the Tone-Deaf Technocrat Parade, as I once joked. After the jump, a collection of some of his more remarkable pronouncements.
Voices
Jeanette Borzo, Reporter, The Wall Street Journal in News on December 20, 2010 at 3:16 pm PT
Adobe Systems Inc. swung to a fiscal fourth-quarter profit, as strong product sales boosted revenue.
The software maker forecast first-quarter earnings of 54 cents to 59 cents a share on revenue of $1 billion to $1.05 billion. Analysts surveyed by Thomson Reuters expect earnings of 51 cents on revenue of $992 million for the current quarter.
John Paczkowski in News on October 26, 2010 at 9:54 am PT
Apologies from Google CEO Eric Schmidt are as rare as Bing bookmarks at Google HQ, so consider the one offered after the jump–for his cavalier suggestion that folks worried about Google Street View invading their privacy should “just move”–something of a milestone.
John Paczkowski in News on October 25, 2010 at 3:00 am PT
Google CEO Eric Schmidt says the company’s “policy is to get right up to the creepy line and not cross it.” And while that may be true of Google, it’s clearly not true of Schmidt, who last week suggested that people concerned about photos of their homes appearing on Google Street View should “just move.”
Voices
Mark Suster, Partner, GRP Partners in News on August 31, 2010 at 12:00 am PT
One year ago I worried that consumers were overstretched with debt, and unemployment would continue to rise, which in turn would drive the stock market south and cut the rate of venture capital investment even further.