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Red Hat profit beats forecasts, shares rise
News Linux software maker Red Hat reported profit ahead of projections on Wednesday, helped by cost cuts and a stock buyback, sending shares up eight percent. The company reported fourth-quarter net income fell to $16m, or eight cents per share, from...
[March 26, 2009, 14:45]
Softbank sells Yahoo! shares
News Softbank said on Thursday its US unit had completed the sale of 3.16m shares in Internet portal Yahoo, generating a $336m (£224m) profit for the Japanese Internet investor. Yahoo shares closed at 113 1/16 Wednesday.
[June 1, 2000, 14:11]
NetSuite IPO: Shares hit double the forecast price
News The first public auction of shares in CRM company NetSuite closed on Wednesday evening at a price of $26 (£13) a share — double the original forecasts. About 6.2 million shares were sold. NetSuite announced its intention in July to go public with...
[December 20, 2007, 15:53]
Freeserve posts £17.5m loss, shares drop
News The company's shares fell steadily through the day, ending down nearly 17 percent, or 73.8, at 365p. The results, for the year ended April 29, were brought forward by a day to coincide with the announcement that Dixons -- whose shares also fell 8.5...
[June 26, 2000, 16:35]
AMD coup pushes shares to 52-week high
News Advanced Micro Devices (AMD) shares hustled up 5 13/16, or 14 percent, to a 52-week high of 47 5/16 on Monday after rolling out the first 1GHz microprocessor, a chip capable of executing one billion instructions a second.
[March 6, 2000, 16:43]
Novell shares slide following 2Q results
News Novell shares tumbled 1 9/16, or 16 percent, to 8 3/16 Wednesday, one day after it limped past analysts' reduced estimates in its second quarter. Novell shares have lost more than 70 percent of their value in the past two months.
[May 25, 2000, 9:39]
lastminute.com shares sink
News Shares of lastminute.com, which surged on their debut on Tuesday, sank in morning trading today closer to their floatation price. By mid-morning, the shares, which launched at 380p, had dropped from a Tuesday high of around 532.5p to about 400p.
[March 15, 2000, 10:00]
Apple shares slump 20 per cent on shock loss
News Apple shares slumped 20 per cent yesterday morning on the back of news that the beleaguered Californians will lose between $100 million and $150 million for its first fiscal quarter, due to be reported January 15.
[January 7, 1997, 10:01]
MP3.com shares explode
News MP3.com shares rose from the ashes on Thursday, rallying up 15 5/8, or 95 percent, to 32 in late trading after chief executive Michael Robertson told analysts that the company has little to fear from a pending a lawsuit with the Record Industry...
[March 3, 2000, 10:53]
Salesforce.com shares debut strongly
News In a highly watched initial public offering, shares of Salesforce.com debuted on Wednesday with a big jump from the price set just a day earlier. Salesforce shares began trading at $15 (£8.25) on the New York Stock Exchange under the "CRM" ticker.
[June 23, 2004, 15:50]
Freeserve shares rocket on T-Online news
News Electrical retailer Dixons (quote: DXNS) put Freeserve on the block early this month, fulfilling its promise not to sell the ISP's shares for a year after the its flotation. But Tuesday's early gains erased much of that premium, boosting shares to...
[May 30, 2000, 9:24]
Transmeta shares drop as lock-up ends
News Shares in chip-maker Transmeta plummeted 23 percent on Monday after investors were freed from a restriction on selling stock. By the end of trading on the Nasdaq exchange, the shares had dropped $3.40 to $11.17.
[May 8, 2001, 12:02]
Analysts: Judge's decision won't hurt Microsoft shares
News None of this is new but ahead of the official decision, Microsoft shares plunged 15 3/8, or 15 percent, to 90 7/8, dragging the rest of the Nasdaq with it. In the midst of all the carnage Monday, several analysts reiterated their "strong buy...
[April 4, 2000, 10:00]
Gates to sell five million Microsoft shares
News Gates, one of the richest people in the world, often sells shares of his company as part of a regular investment program. In May, he filed plans to sell eight million shares. Registering to sell the shares does not obligate Gates to sell them.
[August 3, 2001, 9:20]
Viglen sees Field Of Dreams as shares fail to soar
News Viglen shares failed to soar on the UK PC vendor's first day of trading as a separate entity to Amstrad. The company stressed that less than one million shares of a potential 120 million had been traded, suggesting shareholders have faith in the...
[August 4, 1997, 17:08]
BT's shares drop on strong earnings
News BT last month announced plans to split itself into six companies in an effort to revitalise the shares, and the full-year results indicated sales and operating profits for the new divisions. Still, the reaction was far less serious than last...
[May 18, 2000, 15:30]
Lack of optimism sends Cisco shares down
News Shares of networking giant Cisco Systems fell on Wednesday after the company delivered a subdued outlook for its future on a quarterly conference call. Cisco shares closed down $2.17, or 10.6 percent, to $18.29 in Wednesday trading.
[August 11, 2004, 13:15]
PeopleSoft mops up J.D. Edwards shares
News Business software maker PeopleSoft announced Friday that it has purchased all the remaining shares of J.D. PeopleSoft said it bought about 105 million shares of J.D. Edwards. Edwards when it acquired the company on 18 July.
[September 1, 2003, 9:35]
Compaq shares plunge on profit warning
News Compaq shares were down 7 13/16 to 23 1/8, or 23 percent. After the bell Friday, Compaq said it expects to report earnings of 15 cents per share, or less than half of what analysts expected. First Call's survey of 33 brokerage firms predicted a...
[April 12, 1999, 14:29]
Psion shares slide
News Its shares fell 5.5p to 278.5p after fears spread that profits will be hurt by a strong pound and product launch costs. In June, Psion shares lost 20 per cent of their value in one day when the London-based company launched the Series 5 and issued...
[August 7, 1997, 16:36]
