Dallas, Texas 08/19/2013 (Financialstrend) - In recent times, Cisco Systems, Inc. (NASDAQ:CSCO) has witnessed a hike in the demands for its networking equipment henceforth, increasing the company’s earnings and revenue. However, despite of positive returns, the company is all set to cut about 4000 jobs or about 5% of the workforce...
Dallas, Texas 08/19/2013 (Financialstrend) - Facebook Inc (NASDAQ:FB) is the renowned social networking site, which needs no introduction. So with such fame the Facebook is now looking to get into the mobile payments game. Rivals in the market should be definitely worried about the advent of Facebook into the market....
Dallas, Texas 08/19/2013 (Financialstrend) - Dell Inc. (NASDAQ:DELL), the giant PC manufacturer, indulged in a takeover feud between its founding chief executive officer and activist shareholder Carl Icahn on Thursday announced a 72 per cent decline in quarterly earnings as PC sales continue to descend in times of brawl. Dell...
Dallas, Texas 08/19/2013 (Financialstrend) - The stock of Apple Inc. (NASDAQ:AAPL) ended the last week at the price of $ 502.33 for each share which has shown an increase by about 1%. This inclination in the price to about $ 500 for each share has been generated by the stock...
Dallas, Texas 08/15/2013 (Financialstrend) -  Micron Technology, Inc. (NASDAQ:MU) has decided to slash around 5% of its worldwide personnel following a major business purchase. As per company representatives, the said reduction in jobs are designed with the aim to optimize its personnel and are not straightly associated to its takeover...
Dallas, Texas 08/15/2013 (Financialstrend) - Activist capitalist Carl Icahn stated that he has gathered up a "big position" in  Apple Inc. (NASDAQ:AAPL) and thinks that the scrip could be worth around $700 per share if the company’s CE Tim Cook pushed for a superior stock redemption. The shocker disclosure...
Dallas, Texas 08/15/2013 (Financialstrend) - Brocade Communications Systems, Inc. (NASDAQ:BRCD) reported third-quarter outcomes above analysts' estimations and stated that the demand for its storage goods was bettering. Network equipment manufacturer expects income from its SAN (Storage Area Networking) biz to surge 1-4% during the existing quarterly period. The company's scrip increased...
Dallas, Texas 08/15/2013 (Financialstrend) - Facebook Inc (NASDAQ:FB), while releasing regional statistics for the first time as a means of aiding advertisers comprehend how people make use of the popular social network, stated that one out of three people in the US zone - over 128 million – check...
Dallas, Texas 08/15/2013 (Financialstrend) - The renowned game publisher Zynga Inc (NASDAQ:ZNGA), on Tuesday, announced the departure of its several senior executives who for a long period of time served the company with diligence. The list of executives also includes the Chief Operating Officer David Ko. These changes have...
Dallas, Texas 08/15/2013 (Financialstrend) - Well known company Advanced Micro Devices, Inc. (NYSE:AMD) ’s has come up with the new version of its rewards program. The Dubbed Never Settle Forever program is the Advanced Micro Devices’s new program that would bundle the discounted games with graphics card purchases. The Never...