MarketWatch - 2 minutes agoSAN FRANCISCO (MarketWatch) -- Microsoft Corp. recently held talks with Nokia Corp. that nearly led to the software giant acquiring the Finnish telecom company's mobile device business, according to a report in the Wall Street Journal. The Journal said that the two companies made "significant progress" toward a deal, but talks broke down due to a final price and Nokia's market position, as it trails behind Apple Inc. and Samsung. The company's have been partners for more than two years after Nokia agreed to use Microsoft's Windows Phone software exclusively in its smartphones. Microsoft shares ended the day down by 1% at $34.59, while Nokia's U.S.-traded shares gave up a penny to close at $3.85
Briefing.com - 3 minutes ago[BRIEFING.COM] Equities ended on their lows with the S&P 500 down 1.4%. The S&P entered today's session with a week-to-date gain of 1.5% as investors expected reassuring words from today's Federal Open Market Committee Statement. Stocks traded with slim losses until this afternoon's FOMC Statement and subsequent comments from Chairman Bernanke sent equities and Treasuries to their lows whi...
Briefing.com - 3 minutes agoFOMC policy statement expected at 14:00 ET, Chairman Bernanke to speak at 14:30 ET
MarketWatch - 8 minutes agoNVIDIA's decision to expand its graphics chip licensing business sparks a rally in the company's shares, even though analysts say it highlights a slumping PC market.
Briefing.com - 10 minutes agoOn May 29, 2013, Diamond Foods, Inc. entered into a Stipulation and Agreement of Settlement to resolve previously disclosed stockholder derivative claims, including In re Diamond Foods, Inc., Shareholder Derivative Litigation and Astor BK Realty Trust v. Diamond Foods, Inc. A copy of the Stipulation and Agreement of Settlement is attached as Exhibit 99.1 to this report. On June 14, 2013, the Super...
Briefing.com - 11 minutes agoCo and MakerBot, a leader in desktop 3D printing, announced the signing of a definitive merger agreement whereby privately held MakerBot has agreed to merge with a subsidiary of Stratasys in a stock-for-stock transaction. Under the terms of the merger agreement, Stratasys will initially issue approximately 4.76 million shares in exchange for 100% of the outstanding capital stock of MakerBot. The p...
Briefing.com - 12 minutes agoCo additional drilling results from its ongoing drill program at the 147 Zone on the Grey Fox project. These results will be included in an updated NI 43-101 resource estimate on the Grey Fox property that will be released this month. "These deep, high grade drill results substantiate the strong down-plunge continuity of the 147 Zone and continue to confirm the potential for future underground dev...
Briefing.com - 12 minutes agoCo announced that the Board of Directors has named CFO James Bennett CEO and president and that lead independent director Jeffrey Serota will serve as interim non-executive chairman, effective June 19, 2013. SandRidge also announced that Tom Ward, the former Chairman and CEO of SandRidge, is leaving the co. The Board's decision to replace Ward reflects its judgment that, despite Ward's many contri...
Briefing.com - 13 minutes agoCo announced the online publication of data in the Journal of Clinical Lipidology demonstrating the economic benefits of managing to a low-density lipoprotein particle (LDL-P) number measured by NMR as part of a cardiovascular disease (CVD) risk-reduction strategy."Managing to Low-Density Lipoprotein Particles Compared to Low-Density Lipoprotein Cholesterol: A Cost-Effective Analysis," is the firs...
Briefing.com - 16 minutes agoPlease see 16:03 for Q3 EPS (beat by 2 cents, beats on revenues) and Q4 guidance (EPS below, revs in line). From Press ReleaseIn addition to the segment guidance, Jabil announced its intention to realign its global operations to more appropriately reflect current market conditions and customer needs. The company indicated that they began consultation with employees during the third fiscal quarter....
