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Google Whacked with Huge Patent Infringement Lawsuit

courtesy of Google Inc.The consortium that bought a portfolio of more than 6,000 patents from bankrupt Nortel has filed a patent infringement lawsuit against Google Inc. (NASDAQ: GOOG) and seven other Android phone makers,…

Paul Ausick · 13 years ago

First Solar: Happy Days Are Here Again

ThinkstockFirst Solar Inc. (NASDAQ: FSLR) reported third-quarter 2013 results after the markets closed Thursday afternoon. The solar panel maker posted quarterly adjusted diluted earnings per share (EPS) were $2.28 on revenues of $1.265 billion.…

Paul Ausick · 13 years ago

Hot IPO for Chinese Classified Ad Company 58.com

ThinkstockA Chinese firm often referred to as the Craigslist of China, 58.com Inc. (NYSE: WUBA) sold 11 million American Depositary Shares (ADS) in its initial public offering Thursday morning at an IPO price of…

Paul Ausick · 13 years ago

Alcatel-Lucent Turnaround Seems to Be on Track

ThinkstockImproving gross margins and cost savings are driving a turnaround at Alcatel-Lucent (NYSE: ALU). The networking equipment maker said earlier in October that it would cut 10,000 workers and make other changes that the…

Paul Ausick · 13 years ago

Suntech Gets $150 Million to Ward Off Bankruptcy

ThinkstockChinese solar PV maker Suntech Power Holdings Co. Ltd. (NYSE: STP) has been down for so long that anything must look like up. The company said Wednesday morning that it has received a letter…

Paul Ausick · 13 years ago

Criteo IPO Takes Off

ThinkstockParis-based Criteo SA (NASDAQ: CRTO) held its initial public offering (IPO) this morning, selling 8.08 million American Depositary Shares (ADS) at an IPO price of $31 per ADS. One ADS is equal to one…

Paul Ausick · 13 years ago

Corning Shares Sag on Outlook, Lower Earnings

courtesy of SamsungCorning Inc. (NYSE: GLW) reported fiscal third quarter 2013 results before markets opened Wednesday morning. For the quarter, the specialty glass products maker posted adjusted diluted earnings per share (EPS) of $0.33…

Paul Ausick · 13 years ago

Electronic Arts Tops Estimates, Cuts Tiger Woods Partnership

Electronic Arts Inc.Electronic Arts Inc. (NASDAQ: EA) reported a second fiscal quarter 2014 results after markets closed on Tuesday. The games company posted adjusted diluted EPS of $0.33 and $1.04 billion in non-GAAP revenue.…

Paul Ausick · 13 years ago

New IBM Buyback Plan Is For Over 10 Percent Of Its Stock

Jon OggInternational Business Machines Corp. (NYSE: IBM) has just lived up to its promise of endless share buybacks with a greatly expanded share buyback plan. The goal is to keep buying up the stock…

Jon C. Ogg · 13 years ago

Did NQ Mobile Just Find a Bottom?

ThinkstockOn the afternoon of October 24, short-seller Muddy Waters said it was starting coverage of Chinese mobile Internet services firm NQ Mobile Inc. (NYSE: NQ) with a Sell rating and a price target of…

Paul Ausick · 13 years ago

Another Call for a Microsoft Board Shakeup

Microsoft Sweden, via Wikimedia CommonsAfter Steve Ballmer announced in August that he will step down as Microsoft Corp.’s (NASDAQ: MSFT) chief executive officer, director John Thompson was put in charge of the company’s efforts…

Trey Thoelcke · 13 years ago

Facebook Shares Cooling Off as Twitter Roadshow Begins?

Courtesy Facebook Inc.When Facebook Inc. (NASDAQ: FB) reports third-quarter earnings on Wednesday it is expected to post earnings per share (EPS) of $0.19 on revenues of $1.91 billion. The EPS estimate is equal to…

Paul Ausick · 13 years ago

What If Microsoft Asks Steve Ballmer to Stay On as CEO?

Microsoft Sweden, via Wikimedia CommonsMicrosoft Corp. (NASDAQ: MSFT) managed to post such strong earnings and was positive enough in its outlook that there is one thing to consider. No one wants to consider this…

Jon C. Ogg · 13 years ago