Search Results for: Dell
Madoff Trials in Geneva Loom Six Years After Fraudster Confessed
November 13th, 2014
Almost six years after Bernie Madoff admitted his investment firm was based on “one big lie,” two European criminal cases linked to the convicted fraudster are working their way to trial in Geneva. Prosecutor Marc Tappolet is finishing an indictment of ...
The Rise Of Social Trading
November 10th, 2014
Social media platforms have billions of active users. People use them to share thoughts, put up pictures, and play games, among other activities. With all sorts of discussions going on at these platforms, the use of social media for ...
Microsoft busts down $400B barrier
November 7th, 2014
Technology giant Microsoft (MSFT) Thursday surpassed $400 billion in market value, marking its return to the top tier of the most valuable companies in the world. Powered by news the company is making its popular Office suite of products more widely available on ...
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
Microsoft lays off 3,000 in latest round of cuts
October 30th, 2014
Close to 70% of the positions were former Nokia staffers. Microsoft laid off 3,000 workers Wednesday, finishing a round of 18,000 layoffs that the company announced in July. “The reductions happening today are spread across many different business units, ...
Microsoft sales lifted by the cloud
October 24th, 2014
Microsoft continues to look to the cloud as it releases first quarter earnings. Lifted by strong momentum in its Internet cloud-based offerings, Microsoft on Thursday said its fiscal first-quarter revenue jumped to $23.2 billion, topping Wall Street estimates. The ...
Microsoft’s CEO comp could hit $147 million
October 21st, 2014
Microsoft’s Nadella received “competive pay” package that could eventually be worth over $147.5 million. Microsoft’s Satya Nadella may be on the hot seat with women for his recent comments on pay, but his compensation as CEO of the software ...
Icahn: Apple shares sell at ‘half price’ value
October 10th, 2014
As a major Apple shareholder, Carl Icahn thinks his stock in the iPhone maker should have more iValue. So Icahn — who owns 53 million shares in Apple —on Thursday fired off a note to Apple CEO Tim Cook. ...
Pimco Loss Is MetWest Gain as New Gross Fund Slow to Win
October 9th, 2014
Pimco’s pain isn’t Bill Gross’s gain, at least not yet. The Janus Global Unconstrained Fund, managed by Gross, received $66.4 million in September, according to Morningstar Inc., a fraction of the $23.5 billion that left his former fund at ...
China to invest $20 billion in India despite territorial dispute
September 23rd, 2014
The leader of the People’s Republic of China Xi Jinping arrived on a visit to India, where he had a meeting with Prime Minister Narendra Modi. During the talks, Modi expressed concerns that the trade imbalance between China and ...
