Market-Updates

Market-Updates

  • Facebook
    Sep 01, 2012 11:00 IST

    Facebook hits new low after price target cuts

    Shares of Facebook Inc fell 4.5 percent to a new low on Friday after brokerages cut their price targets on the company's shares, saying several lock-up expirations over the next year will weigh on the stock.

  • Facebook
    Sep 05, 2012 07:14 IST

    Facebook says CEO won't sell stock for 1 year

    Facebook's stock got some reprieve in after-hours trading done on Tuesday after the company said its CEO, Mark Zuckerberg, won't sell stock in the company for at least the next 12 months.

  • Adam Samberg
    Sep 05, 2012 16:35 IST

    Facebook CEO commits to lock his stock for 12 months

    Facebook CEO Mark Zuckerberg has no intention to sell his stock for at least 12 months, said the social network company in a regular public filing.

  • Nokia Lumia
    Sep 05, 2012 23:54 IST

    Glum Nokia banks on new camera tech

    Nokia and Microsoft Corp took the wraps off the struggling European company’s most powerful smartphone on Wednesday, in what may be their last major shot at reclaiming a market lost to Apple, Samsung and Google.

  • Samsung
    Sep 12, 2012 15:23 IST

    Prior to iPhone 5 launch, Samsung shares hit 3-week high

    Shares in Samsung Electronics rose more than 3 percent to their highest intraday levels in more than three weeks on Wednesday, shrugging off rival Apple Inc's planned unveiling of its newest iPhone.

  • Mark Zuckerberg
    Sep 15, 2012 11:58 IST

    After Zuckerberg talks, Facebook gains $6.8 billion

    Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company.

  • iPhone 5
    Sep 16, 2012 08:57 ISTGalaxy S III vs Apple

    Samsung rolls out iPhone-bashing ad

    Adorned with the tagline "It doesn’t take a genius", Samsung has revealed a print advertisement comparing Apple’s flagship iPhone 5 to its own Galaxy S III. iPhone 5 'not a game-changer': Analysts | REVIEW: Samsung Galaxy S III

  • playstation
    Sep 19, 2012 12:04 IST

    Sony plans slimmer PlayStation 3 before year end

    Sony Corporation is introducing a smaller, slimmer and lighter version of its PlayStation 3 home console ahead of the year-end holidays as it gears up for growing competition in games from smartphones.

  • Facebook
    Sep 20, 2012 12:55 IST

    Nasdaq defends Facebook compensation plan-letter to SEC

    Nasdaq OMX Group Inc stood by its proposed $62 million plan to compensate firms affected by the fallout from Facebook's botched initial public offering, taking aim at UBS AG, Citigroup Inc and other parties that derided the payback plan.

  • Apple iPhone 5
    Sep 23, 2012 08:20 IST

    Many US stores sold out of iPhone 5s

    Some stores reported having Apple's newest phone available for walk-up customers, though not all versions of it. A random check of about a dozen stores indicated that most were sold out.

  • Facebook
    Sep 25, 2012 08:55 IST

    Facebook tumbles on negative comments

    Facebook shares plunged after Barron's, the influential markets-focused newspaper and website, said the stock was still sharply overvalued and were possibly only worth USD 15.

  • Google
    Sep 25, 2012 12:38 IST

    Google shares hit new high

    Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.

  • Facebook crosses one billion active users mark
    Sep 25, 2012 22:39 IST

    FB shares close to half IPO value

    Facebook shares plunged after Barron’s, the influential markets-focused newspaper and website, said the stock was still sharply overvalued and was possibly only worth $15.

  • Microsoft
    Oct 02, 2012 21:26 IST

    Microsoft says settlement reached in botnet case

    Microsoft says it has settled a computer-fraud case against a website operated by a Chinese businessman that had become a major hub for illicit Internet activity.

  • Nokia
    Oct 13, 2012 12:27 IST

    Holiday sales critical for Nokia after weak quarter

    Nokia is expected to report another quarterly loss next week, raising the stakes for its holiday-season sales battle with smartphone rivals Apple and Samsung.