stock price

Russia opens first criminal case in stock price fixing


August 22nd, 2012 - 6:57 pm ICT by IANS
Moscow, Aug 22 (IANS/RIA Novosti) Russia has launched the country's first criminal case into stock market price manipulation, following a check by the Federal Financial Markets Service (FFMS).The check revealed ... Read more...

Posted in World |

IGL stock rallies 29 percent on high court order


June 1st, 2012 - 8:38 pm ICT by IANS
Mumbai, June 1 (IANS) The Indraprastha Gas Ltd (IGL) scrip rallied 28.70 percent to Rs.249.35 after the Delhi High Court ruled in its favour Friday.The court quashed an order of ... Read more...

Posted in Business |

Facebook plans to go public to raise $87bn


May 4th, 2012 - 11:25 am ICT by IANS
Washington, May 4 (IANS) Facebook will go public with a stock price of $28 to $35 to set the popular social network's valuation as high as $86.6 billion, according ... Read more...

Posted in Sci-Tech |

Regulator asks IGL to reduce gas prices


April 10th, 2012 - 9:09 pm ICT by IANS
New Delhi, April 10 (IANS) Piped cooking gas for households and compressed natural gas (CNG) for vehicles is likely to become cheaper in the national capital with the regulator asking ... Read more...

Posted in Business |

‘Apple to become world’s first $1 trillion company’


April 8th, 2012 - 10:08 am ICT by IANS
London, April 8 (IANS) Apple will become the world's first trillion-dollar company when its shares top $1,000 each, Wall Street analysts have predicted.The technology giant's shares were worth $633.38 last ... Read more...

Posted in Sci-Tech |

South Korea’s investment in foreign securities falls in Q3


November 29th, 2011 - 1:36 pm ICT by IANS
Seoul, Nov 29 (IANS) Foreign securities invested by South Korea's financial institutions plunged in the third quarter due to sharp declines in the share price of major investment destinations, ... Read more...

Posted in Uncategorized |

Bank of America to cut 30,000 jobs


September 13th, 2011 - 2:42 am ICT by IANS
Washington, Sep 13 (IANS) Bank of America said Monday that it will cut about 30,000 jobs over the next few years to slash costs, Xinhua reported.The job reduction is part ... Read more...

Posted in Business |

Pandit says Citigroup now ‘a different company’


August 10th, 2011 - 12:34 pm ICT by IANS
Washington, Aug 10 (IANS) Citigroup's Indian American CEO Vikram Pandit has reassured employees that notwithstanding the decline in its stock price, the bank was healthier than it was before the ... Read more...

Posted in Uncategorized |

BlackBerry cuts 200 jobs after market bleeding


June 22nd, 2011 - 10:52 am ICT by IANS
Toronto, June 22 (IANS) After two days of bleeding on the stock market in the wake of its disappointing quarterly results, BlackBerry maker Research In Motion (RIM) Tuesday reportedly laid ... Read more...

Posted in Business |

Secret tapes show Rajaratnam traded on tips from Goldman source


March 31st, 2011 - 10:25 am ICT by IANS
New York, March 31 (IANS) Hedge fund tycoon Raj Rajaratnam told a colleague in secretly taped telephone conversations that he would trade on a tip by a source on the ... Read more...

Posted in Business |

‘Rajaratnam didn’t care about Rajiv Goel’s tips’


March 29th, 2011 - 11:16 am ICT by IANS
New York, March 29 (IANS) Former Indian American Intel executive Rajiv Goel sparred with the lawyer of Raj Rajaratnam over the value of alleged tips given to the Sri Lankan ... Read more...

Posted in Uncategorized |

Reliance Infra net profit rises 10 percent


February 14th, 2011 - 5:14 pm ICT by IANS
New Delhi, Feb 14 (IANS) Reliance Infra Monday reported a 10 percent increase in net profit at Rs.405 crore ($91 million) for the quarter ended Dec 31 and said its operating income ... Read more...

Posted in Business |

‘Gulf oil spill criticises BP for disaster, but charges against company is unlikely’


January 7th, 2011 - 5:33 pm ICT by ANI
London, Jan 7 (ANI): The US Presidential commission on last year's Gulf oil spill has criticised British Petroleum (BP) for its role in the disaster, but reports indicate that chances of it ... Read more...

Posted in World |

GM’s stock price closes at $34.19


November 19th, 2010 - 8:22 pm ICT by Aishwarya Bhatt
New York, Nov 19 (THAINDIAN NEWS) GM’s road to recovery received a major boost on Thursday when the company’s share price went up 3.6 percent. The company’s shares are back on ... Read more...

Posted in Business |

GM Stock Price Rises, No Good for Older Stock Holders


November 19th, 2010 - 3:25 am ICT by Angela Kaye Mason
Nov 18 (THAINDIAN NEWS) The reports are out; GM stock prices have passed thirty five dollars and could net over twenty billion dollars. A report from the Washington Post states that the ... Read more...

Posted in Business |

Mahindra Satyam Fails To Meet The NYSE Deadline


September 29th, 2010 - 11:06 pm ICT by GD
By Meena Kar Sep 29, (THAINDIAN NEWS) The Sensex of IT firm Mahindra Satyam fell almost 9 percent, as it declared late Friday, that it would delist itself from the New York Stock ... Read more...

Posted in Business |

Intel to buy McAfee in $7.7-bn deal


August 19th, 2010 - 11:19 pm ICT by IANS
San Francisco, Aug 19 (DPA) Intel, the world's largest maker of computer chips, announced Thursday that it intended to buy software security firm McAfee in a deal worth $7.7 billion. Analysts said the ... Read more...

Posted in Sci-Tech |

MakeMyTrip valuation soars 90 percent on Nasdaq debut (Lead)


August 13th, 2010 - 1:53 pm ICT by IANS
By Arun Kumar New York, Aug 13 (IANS) MakeMyTrip, a pioneering Indian online travel portal, has made a dream debut on the US markets with its shares soaring over 90 percent after listing ... Read more...

Posted in Business |

Indian travel site jumps 90 percent on US market debut


August 13th, 2010 - 10:44 am ICT by IANS
By Arun Kumar New York, Aug 13 (IANS) MakeMyTrip, one of India's leading online travel companies, has made a dream debut on the US market with its shares soaring over 90 percent, hours ... Read more...

Posted in Business |

Hugh Hefner Plans On Going Private By Offering To Buy All Outstanding Playboy Stocks


August 2nd, 2010 - 7:52 pm ICT by Pen Men At Work
August 2, 2010 (Pen Men at Work): It seems that Hugh Hefner wants to talk about movies. The publishing giant presently in his eighties is keen to discuss the documentary made ... Read more...

Posted in Business, Entertainment |

Japan’s JFE to invest Rs.4,800 crore for JSW Steel stake


July 27th, 2010 - 7:20 pm ICT by IANS
Mumbai, July 27 (IANS) JSW Steel Tuesday announced that JFE Holdings, Japan's second largest steelmaker by output, would pick up 14.99 percent stake in the company for over Rs.4,800 crore (over $1 ... Read more...

Posted in Business |

BP Receives Fourth Bill Of $99.7 Million From The White House


July 14th, 2010 - 8:19 pm ICT by Pen Men At Work
July 14, 2010 (Pen Men at Work): The oil giant BP has received another Bill of $99.7 Million from the White House, which is the fourth bill. This amount is for ... Read more...

Posted in Business |

Joe Biden, To Visit The American Gulf Coast On Tuesday To Oversee The Devastation Caused By The Oil Spill


June 27th, 2010 - 7:55 pm ICT by Pen Men At Work
June 27, 2010 (Pen Men at Work): It has been declared that American Vice President, Joe Biden, will journey to the American Gulf Coast on Tuesday. His principal objective will be ... Read more...

Posted in Politics |

Toyota shareholders sue the company over false claims


March 23rd, 2010 - 2:17 am ICT by Aishwarya Bhatt
New York, Mar 22 (THAINDIAN NEWS) After numerous recalls by Toyota, its now time for the Toyota shareholders to take stock and get even. They have sued the company over false ... Read more...

Posted in Business |

Toyota shareholders sue their company over defective automobiles


March 22nd, 2010 - 7:38 pm ICT by Pen Men At Work
March 22, 2010 (Pen Men at Work): Toyota’s investors have become infuriated over an unexpected plummeting in the Japanese automaker's stock price. Reportedly, they are traveling to the courthouse with lawsuits for ... Read more...

Posted in Business |

Facet Biotech To Be Acquired By Abbott Lab


March 10th, 2010 - 8:48 pm ICT by GD
By Ranjan Bhaduri New York, Mar 10, (THAINDIAN NEWS) Medical products giant Abbott Laboratories declared on Tuesday that it is going to acquire Facet Biotech Corp. The deal has been finalized for a ... Read more...

Posted in Business |

Bharati Airtel underperformance was due to increased competition: Study


December 9th, 2009 - 7:29 pm ICT by ANI
Mumbai, Dec 9 (ANI) : A recent study has claimed that Bharti Airtel has underperformed the Sensex by 50 percent YTD due to increased competition, leading to severe tariff cuts and ... Read more...

Posted in National |

New warning system unmasks corporate fraud


November 10th, 2009 - 1:13 pm ICT by IANS
Washington, Nov 10 (IANS) Companies committing fraud can find innovative ways to fudge numbers, making it hard to detect wrongdoing. But researchers have unveiled a new warning system that sees through such ... Read more...

Posted in Business |

US stocks drop on poor earnings from Bank of America, GE


October 17th, 2009 - 5:14 am ICT by IANS
New York, Oct 17 (DPA) US stocks ended the week lower Friday after disappointing earnings from the bellwether firm General Electric and financial giant Bank of America. The decline pushed the Dow Jones ... Read more...

Posted in Business |

Indian-American Bharat Desai among Forbes eight self-made stars


October 15th, 2009 - 9:01 pm ICT by IANS
Washington, Oct 15 (IANS) Indian-American billionaire Bharat Dasai has been featured in Forbes annual list of America's 200 Best Small Companies among "eight self-made stars who have built tidy empires in an ... Read more...

Posted in Business |

US stocks slide on jobless forecast and energy earnings


June 4th, 2009 - 6:01 am ICT by IANS
New York, June 4 (DPA) Major US stock indices declined Wednesday for the first time in five days ahead of a monthly jobs report, a drop in oil prices and poor earnings ... Read more...

Posted in Business |

Swiss flu medicine firm sees stock rise on back of outbreak


April 27th, 2009 - 5:39 pm ICT by IANS
Geneva, April 27 (DPA) Swiss pharmaceutical giant Roche, maker of influenza medication Tamiflu, saw its stock price rise 3.8 percent in early trading Monday on the Zurich exchange on the back of ... Read more...

Posted in Business |

China tightens noose on press


April 17th, 2009 - 1:06 pm ICT by ANI
Beijing, Apr. 17 (ANI): In an attempt to tighten the noose on the Chinese media, the nation's media watchdog has issued a circular sermonizing the responsibilities and credibility of the press.The General ... Read more...

Posted in World |

Michelle Obama’s J.Crew outfits trigger shopping frenzy


April 5th, 2009 - 11:55 am ICT by ANI
New York, Apr 5 (ANI): US First Lady Michelle Obama's fashion sense has continued to inspire most, and this time she has caused a shopping frenzy stateside after she was seen sporting ... Read more...

Posted in World |

Citigroup shares rise as Pandit touts ‘profit’ in 2009


March 10th, 2009 - 10:02 pm ICT by IANS
By Arun Kumar Washington, March 10 (IANS) Vikram Pandit, the Indian American chief executive of Citigroup Inc, Tuesday said the ailing banking giant was profitable during the first two months of the year ... Read more...

Posted in Business |

« Previous Entries

Subscribe