AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Brokerage takes bite out of Apple
Smith Barney went against recent conventional wisdom, lowering its rating from "buy" to "hold" even while raising its price target 25% to $75 a share, saying that was the fair value for stock. Apple's shares have doubled since July. The brokerage also raised its '05 and '06 earnings forecasts for Apple from $1.58 a share to $1.75 a share and $1.93 a share to $2.11 a share, respectively, citing stronger iPod and iMac sales. Apple fell 4% to 65.21.
Microsoft offers Web log service
The software giant is offering MSN Spaces for anyone with a Hotmail e-mail or MSN Messenger account. Microsoft's new Web journal service takes on rivals America Online and Google, both of which offer free Web log-publishing services. Jupiter Research analyst Michael Gartenberg said Microsoft's caught Web logging right when it's poised to take off with mainstream users. Shares fell 0.5% to 27.09.
Oracle mulling other mergers
The software firm is in merger talks with other firms, including a middleware provider, but declined to say which ones or how many they were eyeing. Oracle had held off on buying firms while it battled antitrust charges in its hostile PeopleSoft bid. It's set to return to court to contest one final takeover barrier, PeopleSoft's poison-pill provision, in Dec. Shares fell 1% to 12.95.
- Comcast Net Up, but Shares Down on Subscriber Loss; Comcast posts a 28 percent...
- Magazine article from: eWeek Adegoke, Yinka July 26, 2007 700+ words
...on Thursday, but its shares fell nearly 7 percent as it...and Internet. Comcast shares dropped nearly 7 percent...Time Warner Cable Inc. shares fell by 6.3 percent while...million, or 19 cents per share, in the second quarter...
- Chinese shares fell Tuesday following release of Bank of China's IPO plan.
- Newspaper article from: China Business News June 6, 2006 700+ words
Chinese shares fell Tuesday following...plan to issue A-shares. The benchmark Shanghai...both A-and B-shares, fell 5.5 points or 0...USD 9.7 bln and shares saw a 20% rise in...USD 1.96) per share, while China Minsheng...
- The Dublin market finished in the black, but most shares fell, including the...
- Newspaper article from: Irish Independent (Dublin, Republic of Ireland) July 8, 2009 700+ words
Bank shares dive after downgrade The Dublin market finished in the black, but most shares fell, including the big banks, as the electricians...on the economy. Dublin-listed bank shares fell in the wake of the Moody's downgrade...
- IRISH bank shares fell sharply yesterday due to concerns about possible...
- Newspaper article from: Irish Independent (Dublin, Republic of Ireland) October 29, 2009 700+ words
Banks need help, but so do cash-starved citizens Dearbhail McDonald IRISH bank shares fell sharply yesterday due to concerns about possible conditions the European Union may impose in return for our national bailout...
- BROADCOM CORP.(Shares fell)(Brief Article)
- Magazine article from: Multichannel News May 14, 2001 700+ words
(NASDAQ-BRCM) Broadcom shares fell last week, affected by the overall downturn in the semiconductor market and poor financial results from market leader Cisco Systems...
- Dublin shares fell in line with markets on both sides of the Atlantic as...
- Newspaper article from: Irish Independent (Dublin, Republic of Ireland) October 21, 2009 700+ words
...Pat Boyle Dublin shares fell in line with markets...their earlier gains. Shares in both main lenders...at '2.78. The share perked up again in...half of the year, shares in First Derivatives...sterling]1.3bn of share options in the bank...to 363.75p, but shares in the UK's ...
- Estee Lauder shares fell recently on news of a tax settlement that needs...
- Magazine article from: Cosmetics International July 28, 2006 700+ words
ESTEE LAUDER shares fell recently on news of a tax settlement that needs paying. The bill relates to Lauder's income tax returns dating from 1998 to 2001. Lauder says its net earnings will be dented by $35m this year.
- LENOVO SHARES FELL 5.7% AMID INVESTORS REDUCTIONS
- News wire article from: AsiaInfo Services September 10, 2009 700+ words
...09-10-2009 Lenovo Shares Fell 5.7% amid Investors...sold 291.5 million shares of Lenovo Group Limited...issue. Since 2009, shares of Lenovo have jumped...via the aforementioned share sale. In fact, it is...China Business Daily news shares sold drop spokeswoman...
