Dallas, Texas 07/11/2013 (Financialstrend) - Intel Corporation (NASDAQ:INTC) is placing its manufacturing hub in Asia so as to relate to the region’s broad market and take advantage of low-cost labor. The company thinks that the Asian engineers’ expertise will help it design processors that shall be used in smartphones, tablets...
Dallas, Texas 07/11/2013 (Financialstrend) - Micron Technology, Inc. (NASDAQ:MU), together with its subsidiaries, is involved in manufacturing and marketing semiconductor devices in worldwide markets. Micron Technology lost over $1 billion of value last year; however the stock has recovered and almost doubled this calendar year. The share price is 80%...
Dallas, Texas 07/11/2013 (Financialstrend) - During the latest trading session, short interest for YHOO has increased by 10%, bringing the number of shares short sold to 29.3 million, signaling a healthy amount of sideline cash. In other words, YHOO may end up in future short-covering activity that leads to share...
Dallas, Texas 07/11/2013 (Financialstrend) - Oracle Corporation (NASDAQ:ORCL) has consecutively missed the second quarter estimates of Wall Street. The shares of Oracle Corporation (NASDAQ:ORCL) were sold heavily, and the stock was down throughout the year, despite market hikes. CEO Larry Ellison mentioned that the major reason for the shortfall is...
Dallas, Texas 07/10/2013 (Financialstrend) - Shares of Oracle Corporation (NASDAQ:ORCL) have been continuously declining after the recent announcement that the company will be replaced by Tesla Motors, Inc. in the composition of the NASDAQ 100 Index. Owing to the increase in market capitalization of the electric vehicles manufacturer, the company...
Dallas, Texas 07/10/2013 (Financialstrend) - Microsoft Corporation (NASDAQ:MSFT) announced on Tuesday that the company effectively settled approximately 3625 cases against the company regarding allegations of copyright infringement. As of the end of the fiscal year 2013 on June 30, Microsoft Corporation’s (NASDAQ:MSFT) copyright infringement cases amounted to 3230 in the...
Dallas, Texas 07/10/2013 (Financialstrend) - International Business Machines Corp. (NYSE:IBM) announced on Tuesday a definitive agreement to acquire CSL International, the leader in providing virtualization management technology. The acquisition of the Israel-based company is primarily based on IBM’s strategy to expand the System Z portfolio. The financial terms of the...
Dallas, Texas 07/09/2013 (Financialstrend) - In order to facilitate its 256 million wireless subscribers and provide effective connection globally at a higher speed, America Movil SAB de CV (ADR) (NYSE:AMX) has decided to build the world’s longest undersea fiber optic cable system, commencing from the current year’s end, known as the...
Dallas, Texas 07/09/2013 (Financialstrend) - If there is one company on the stock market that never misses a plan by over two weeks it is Apple Inc (NASDAQ:AAPL). But much to a surprise the the company has launched the third update for iOS 7 ‘beta’, Exactly in line with its...
Dallas, Texas 07/05/2013 (Financialstrend) - Sprint Nextel Corporation (NYSE:S) shares are currently trading at $7.14, down by 0.76%. The intra-day range of the stock is $7.10 - 7.21. The market capitalization of the company is $21.53 billion. Sprint Nextel Corporation has scheduled the announcement of its financial results for the second quarter...