All Work

Trey Thoelcke

Apple Founder Steve Jobs to Be Honored With Postage Stamp

By Matthew YoheMatt Yohe at en.wikipedia CC-BY-3.0, from Wikimedia CommonsWhile the irony of Steve Jobs being honored on a U.S. postage stamp is not lost on anybody in the technology world, it certainly highlights…

Trey Thoelcke · 13 years ago

Abercrombie Board Fight Comes Just Before Earnings

Engaged Capital, an investor in Abercrombie & Fitch, said it has nominated five directors to the retailer's board. This is part of the investment company's ongoing efforts to prompt Abercrombie to sell itself.

Trey Thoelcke · 13 years ago

Nelson Peltz Renews Push for Pepsi Breakup

ThinkstockDespite posting better-than-expected fourth-quarter and full-year results recently, along with a dividend hike and a plan for additional share buybacks, PepsiCo (NYSE: PEP) investors are not happy. Shares have fallen to a nine-month low…

Trey Thoelcke · 13 years ago

PMI Data Shows Uneven Recovery in Europe, Slowdown in China

ThinkstockWeakness in France, the second largest nation in the eurozone, put a damper on business activity in the 18-nation bloc overall, according to Markit’s Composite Purchasing Managers’ Index. The eurozone PMI fell from 52.9…

Trey Thoelcke · 13 years ago

Facebook Catches AT&T and Coke in Market Value

In a stock move that is starting to defy gravity, social media giant Facebook has eclipsed the market value of two longtime stalwart members of the Dow Jones Industrial Average: AT&T and Coca-Cola.

Trey Thoelcke · 13 years ago

Google Capital’s Third Investment: Renaissance Learning

Wikimedia CommonsGoogle Capital has made its third investment. Renaissance Learning, an education technology start-up, said on Wednesday that Google Inc.’s (NASDAQ: GOOG) investment fund had acquired a minority stake in the company for $40…

Trey Thoelcke · 13 years ago

The Rising Tide of Wealth in Emerging Asia

Even though some of the poorest people in the world can be found in emerging Asia, financial wealth there is on a path to outpace that of the United States by 2015, according to…

Trey Thoelcke · 13 years ago

Top Enterprise Software Stocks Poised for a Huge 2014

Stifel analysts just completed meetings with the top companies at the recent Technology, Internet and Media Conference in San Francisco. They think that cloud computing and software-as-a-service are moving well beyond early adopters and…

Trey Thoelcke · 13 years ago

EU Car Sales Rise, but GM Lags

The ACEA said on Tuesday that the demand for new passenger cars in the European Union increased for the fifth consecutive month. Registrations rose 5.5% in January, relative to the same period of last…

Trey Thoelcke · 13 years ago

Time Warner, Sony Win the Weekend Box Office

While Sony-backed films took three of the top five spots in this past weekend's U.S. box office, it was "The Lego Movie" from Warner Bros., a subsidiary of Time Warner, that came out on…

Trey Thoelcke · 13 years ago

Biogen Idec Chairman: New Boss Same as the Old Boss?

Biogen Idec has announced that Chairman William D. Young will retire from the its board of directors and will be replaced by Stelios Papadopoulos. The latter is a former investment banker specializing in life-sciences…

Trey Thoelcke · 13 years ago

Biotech Buyout Bolsters Novartis Cancer Portfolio

Novartis announced Monday morning that it will acquire privately held startup biotech CoStim Pharmaceuticals. Terms of the deal were not revealed, but it will bolster Novartis's cancer immunotherapy portfolio.

Trey Thoelcke · 13 years ago

The Top Five Analyst Sell Ratings This Week

In a week that saw the markets continue to march higher, some of the top Wall Street firms that we cover were lowering the boom with Sell ratings on some very high profile names.

Trey Thoelcke · 13 years ago

Ciena Investors Cheer Alliance With Ericsson

Shares of Ciena surged Friday morning following an announcement that the network specialist had reached a strategic global agreement with Ericsson that will help the companies compete with Cisco Systems.

Trey Thoelcke · 13 years ago