Thu Apr 12, 2012 9:55pm BST * Closes 8.75 pct above IPO price * Co's market cap $1.83 bln at close (Updates with closing share price) April 11 (Reuters) - Shares of Forum Energy Technologies (FET.N) closed about 9 percent above their IPO price, a day after the oilfield services company priced its upsized offering…
Tue Apr 10, 2012 7:57am BST BANGALORE, April 10 (Reuters) - The combined entity resulting from the merger of India's Tech Mahindra Ltd (TEML.NS) and Satyam Computer Services Ltd (SATY.NS) may hire as many as 10,000 new employees in the current fiscal year, said Vineet Nayyar, CEO of Tech Mahindra. "We are trying to secure…
Mon Apr 9, 2012 3:45pm BST * AOL to return 'significant portion' of proceeds to shareholders * Microsoft gets non-exclusive license to the 300 patents AOL retains * AOL shares rise 37 pct before the bell (Adds advisers, background, details, byline) By Sayantani Ghosh and Greg Roumeliotis April 9 (Reuters) - AOL Inc (AOL.N) said…
Mon Apr 9, 2012 7:45pm BST April 9 (Reuters) - Brokerage BTIG downgraded Apple Inc (AAPL.O) to "neutral" from "buy", saying it expects telecom carriers, burdened by subsidies on the iPhone, to resist upgrades in 2012. "We expect post-paid wireless operators to remain firm in their plan to stunt the pace of phone upgrades in…
Mon Apr 9, 2012 1:50pm BST * AOL to return 'significant portion' of proceeds to shareholders * Microsoft gets non-exclusive license to the 300 patents AOL retains * AOL shares rise 37 pct before the bell (Adds advisers, background, details, byline) By Sayantani Ghosh and Greg Roumeliotis April 9 (Reuters) - AOL Inc (AOL.N) said…
Wed Apr 4, 2012 1:20am BST LONDON, April 3 (Reuters) - James Murdoch said on Tuesday he would step down as chairman at BSkyB (BSY.L), in a bid to protect the successful pay-TV group from being damaged by the phone hacking scandal that has hit part-owner News Corp (NWSA.O). "I am aware that my role…
Thu Mar 29, 2012 9:25pm BST (Added closing price) March 29 (Reuters) - Shares of mobile advertising firm Millennial Media Inc (MM.N) nearly doubled in their New York Stock Exchange debut on Thursday, closing at $25. Shares, which also opened at $25, traded as high as $27.90 during the day. Baltimore-based Millennial Media priced its…
Thu Mar 29, 2012 3:27am BST (Repeats story issued late on Wednesday) * Tax office has "attached" Unitech shares in JV over tax demand * Unitech says tax demand "baseless", has challenged it * Unitech embroiled in a dispute with partner Telenor By Devidutta Tripathy NEW DELHI, March 28 (Reuters) - India's tax office has…
Mon Mar 26, 2012 8:03pm BST March 26 (Reuters) - Some 100 million cellphones using Near-field Communication (NFC) technology will be sold this year, with sales more than tripling from a year ago, research firm Berg Insight said on Monday. Handset vendors released more than 40 NFC-enabled models in 2011, hoping to tap emerging market…
Wed Mar 21, 2012 2:03pm GMT NEW YORK, March 21 (Reuters) - Shares of professional networking service LinkedIn Corp (LNKD.N) rose more than 8 percent on Wednesday after Goldman Sachs upgraded the stock to a "buy" rating, citing factors such as strong demand for its hiring-related services. LinkedIn shares rose $7.66 to $99.50 on the…
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