Hey, remember Equifax? You should, since they leaked the personal information of half of the United States just a few weeks ago. Well, now the company’s board of directors is investigating the sale of company stock by some of its top executives which occurred just before the devastating hack was made public. You’ll remember the …
Following a strong few days of trading for Tesla’s stock, the electric auto manufacturer has shot into first place in the stock market’s ranking of car companies. Having beat out Ford yesterday, Tesla’s market cap surpassed General Motors today, making Tesla the most valuable car manufacturer in the US.
Despite Apple’s recent slide in the market, one analyst believes the company’s consistent earnings will force the stock price up to $2,000 by the end of 2015. The claim comes from independent analyst Andy M. Zaky, whose estimates over the past four years have been considerably more accurate than the average Wall Street analyst, according …
Social networking giant Facebook is reportedly set to make its initial public offering on May 18th, a day later than earlier reports had claimed. Company co-founder and chief executive officer Mark Zuckerberg, chief operating officer Sheryl Sandberg and chief financial officer David Ebersman will take part in a roadshow beginning on Monday that will see the …
Google earlier this month reported its earnings for the first quarter of 2012, topping Wall Street’s estimates. The Internet giant also announced plans to create a new class of non-voting capital stock that would effectively create a 2-for-1 stock split. As a result, Google would be able to issue new shares of stock for acquisitions …
A number of Google shareholders are asking for the Internet giant to follow in Apple’s footsteps and return part of its $44.6 billion in cash to investors, Bloomberg reported on Thursday. Google has more cash as a percentage of market value than five of its largest competitors, including Apple. The iPhone maker recently reinstated a …
On April 12th, 1976, one of three co-founders of Apple Computer sold his 10% stake in the company for $2,300. Ronald Wayne says he made the “best decision with the information available to me at the time” when he chose to sell his shares in the emerging technology firm. Unlike counterparts Steve Jobs and Steve …
Apple on Monday hosted a conference call to reveal the fate of at least some of the $100 billion in cash and cash equivalents the company has amassed over the past few years. Apple announced that it plans to repurchase $10 billion of stock over the next three years, in addition to paying out a $2.65 quarterly …
Shares of Apple stock briefly jumped above $600 shortly before the market opened on Thursday as investors anticipate the launch of the new iPad. Apple’s iPad, which is already available from at least one retailer in Australia, launches in preliminary markets at 8:00 a.m. local time from Apple’s retail stores. The tablet features a new …
The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on Monday that is as simple as it is monumental: a single share of Apple stock now costs more than an iPad. As of the open of the market on Monday, Apple’s …
