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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]
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]
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]
Compaq to buy back up to $1bn of shares
News Compaq Computer on Friday said its board of directors has authorized the repurchase of up to $1bn worth of its common shares. The PC maker said it plans to buy shares on the open market from time to time depending on market conditions.
[December 1, 2000, 15:57]
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]
Psion shares hit new low
News Psion (quote: PON) shares hit a new 52-week low in Thursday trading, dropping more than 23 percent to as low as 117p by 1.24pm GMT. Its shares have had a torrid time, even by tech stock standards. The shares have sunk ever since, losing another...
[March 1, 2001, 14:13]
Roundup: When will the tech shares crisis end?
News The latest round of plummeting tech shares was triggered by rising oil prices due to the Middle East crisis, analyst downgrades magnifying the effect of high-tech profit warnings, and mood swings in the Nasdaq being echoed by stock markets around...
[October 17, 2000, 11:02]
Yahoo insiders take profits as shares hit high
News That doesn't mean that stockholders are holding all their shares in hopes of a sustained rise. SBC in January 2002 acquired about 17.5 million shares of Yahoo for $17.13 a share. It filed to sell 6.5 million shares on June 9 for about $27.23 a share.
[June 27, 2003, 9:14]
US Report: CA shares in free fall
News Even though the company managed to beat Q1 earnings estimates by one cent, shares of CA, which closed at 57 on Tuesday, opened down more than 18 points after being delayed for nearly one half hour. At the time the bonus plan was announced, the...
[July 23, 1998, 6:59]
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]
News Burst: Gloomy future shaves 5.5% off Intel shares
News Intel's shares fell $3.32 to $56.93, a 52-week low. The rumours have been fuelled by fears of an imminent slump in the PC market. Analysts point to the boom in sub $1000 PCs and increasing competition from AMD and Cyrix.
[June 4, 1998, 12:44]
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]
EDS shares drop as SEC probe deepens
News A Merrill Lynch analyst later downgraded EDS shares from "neutral" to "sell," and questioned whether the company's stock-hedging strategy would hinder it from pursuing large information technology services deals by limiting its financial flexibility.
[January 22, 2003, 8:17]
Plunge in Palm shares could mean price cuts
News Palm shares plunged nearly 50 percent on Wednesday when investors realised the handheld giant vastly overestimated demand amid a weak economy and let inventory build up. The revolution is not over, but it has been put on hold," said C.E.
[March 29, 2001, 7:12]
US Report: Open Market shares jump as Intel buys
News Under the agreement, Intel bought 330,000 restricted shares of Open Market stock. Open Market has 30.6 million shares outstanding. Shares of Open Market jumped 9 percent Thursday, or 1 1/8, to 16 5/8 after Intel bought 330,000 restricted shares in...
[June 5, 1998, 6:00]
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]
Amazon shares surge on Wal-Mart rumours
News Shares of Amazon.com rose more than 20 percent in early trading Monday, following reports the company is in talks with retail giant Wal-Mart about a possible deal. As of 1600 GMT Amazon shares were up $2.063 (£1.404), or 20.63 percent, at $12.063...
[March 5, 2001, 15:29]
ECTS: Lara sweeps Awards, Eidos shares soar
News The shares have climbed steadily from around 450p a fortnight ago, said a spokeswoman for the firm. Lara Croft swept the board at last night's ECTS awards dinner in London with Tomb Raider picking up four key prizes.
[September 9, 1997, 16:08]
Energis, Colt Telecom shares rise on takeover speculation
News At midday Tuesday, shares were up 66, or 3.3 percent, to 2,076p. Its shares have more than doubled in the past year. Colt Telecom (CTM: quote ) also rose on speculation of a takeover, with shares up 25 at 1,872p.
[November 2, 1999, 11:35]
Rambus shares leap on trial news
News Shares in Rambus, the microchip intellectual-property company, surged more than 32 percent on Thursday as speculation mounted that it has a stronger case than previously thought in its patent-infringement lawsuit against chip manufacturer Infineon.
[March 23, 2001, 11:08]
