Posts tagged as: Wall Street

Facebook stock ends three-week upward streak after a report criticizes its value

Facebook shares were down 8.4 percent in the afternoon trading on Monday after one Wall Street newspaper published a critique on the company’s stock. Out of the 40 analysts covering The Social Network at Wall Street, one has the view that its share price is much over rated. The article blatantly compared FB’s stock value […]

Historic Facebook debut falls flat

(Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering […]

Investors brace for Facebook debut on Wall Street

(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its […]

Nvidia revenue, outlook beat Street; shares jump

(Reuters) – Nvidia Corp’s quarterly revenue and outlook were ahead of low Wall Street estimates on better-than-expected sales of its latest graphics chips, sending its shares up 9 percent. The chipmaker reported strong demand for its newly launched chips for desktop computers and contract wins for its Tegra smartphone chips but said revenue and profit […]

Apple crushes Street targets, dispels iPhone fears

(Reuters) – Apple Inc’s quarterly results beat Wall Street estimates on stronger-than-expected demand for the iPhone, especially in the greater China region where sales jumped five-fold. While iPad sales were a little lighter than expected, the overall results sent the stock up 7 percent, recouping some losses from the past two weeks that had stemmed from concerns about weakening […]

Apple investors brace for more turbulence

(Reuters) – Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble territory and was […]

Ben Bernanke makes an impact at the stock of Wall Street through his speech

Ben Bernanke makes an impact at the stock of Wall Street through his speech Wall Street opens in a crucial week as positive, positive closing the American market would suggest the best first quarter in 14 years. However, last week the Dow Jones and S & P 500 fell on weekly terms. Only the Nasdaq […]

HP creates PC-printing power, Wall Street waits and sees

SAN FRANCISCO, March 21 – Hewlett Packard Co will merge its printer and PC businesses, combining two of its largest divisions as Chief Executive Meg Whitman tries to jumpstart growth at the technology company. The combined unit, with $65 billion in annual sales, will account for about half the company’s revenue and be headed by […]

Apple rewards investors with dividend, share buyback

(Reuters) – Apple Inc CEO Tim Cook, moving swiftly after taking over from late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years. The world’s most valuable company will start paying its first dividends since 1995 […]

Facebook summons Wall Street for pre-IPO briefing

(Reuters) – Facebook Inc is taking the next step on its IPO journey and has summoned research analysts from Wall Street banks to its Menlo Park headquarters early next week for a pre-roadshow briefing to discuss the finer points of its business and books. The world’s largest social network, which is racing toward what would […]

Facebook: Will its IPO be a success at the Street? – Part 1

Facebook is planning to initiate the filing for their firs Initial Public Offering this year. The Securities and Exchange Commission will be taking the social network’s financial statements under consideration. So far the vitals of getting into the stock market are strong for Facebook. The reputation is good although Mark Zuckerberg and company has been […]

Facebook: Will its IPO be a success at the Street? – Part 2

Facebook has “revenues,” not profits, of $4.3 billion. If the company becomes valued at $100 billion, and had zero expenses, it would take you 23 years to get your money back. Of course, there are expenses, which means that profits are a lot less, last year around $1 billion. So, at a valuation of $100 […]

Join WishFree.com

Photo Gallery

Unique Auction UAE
Log in