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Two weeks from now, management at Facebook (Nasdaq: FB), the No. 1 social network, will likely be partying. CFO Dave Ebersman probably will be tallying up at least $6.3 billion in cash from its initial public offering.
Microsoft (Nasdaq: MSFT), the world's biggest software company, announced it'll invest $300 million into a new business with Barnes & Noble (NYSE: BKS) to burnish the future of the Nook.
Grupa ADV (Pink: GPVSY), a fast-growing Polish media and software group, expects international sales to double this year, said CFO Adam Kuszyk.
Stock euphoria over Amazon.com's (Nasdaq: AMZN) first-quarter earnings surprise sent shares of the No. 1 e-retailer soaring, triggering a big rise in the Nasdaq and other averages that eased slightly by midday.
Amazon.com (Nasdaq: AMZN), the No. 1 e-retailer, reported first-quarter results that easily beat analysts’ estimates because of soaring sales of its Kindle Fire tablet.
Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).
Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
Microsoft (Nasdaq: MSFT), the world's biggest software company, reported results Thursday that beat analyst estimates for both earnings and revenue.
Microsoft (Nasdaq: MSFT), the world's biggest software company, is expected to report slightly lower third-quarter results Thursday, despite the slight uptick in PC sales.
