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By Jef Feeley and Phil Milford, Bloomberg |
June 17, 2013
Google Inc., the world’s largest Internet search engine, settled a lawsuit on the brink of trial over the company’s plan for a stock split that shareholders claimed would unfairly allow the company founders to strengthen their corporate control.
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By Adam Satariano and Andy Fixmer, Bloomberg |
June 11, 2013
Apple Inc.’s foray into the online- radio business may not turn out to be a Pandora Media Inc. killer after all. Apple introduced iTunes Radio yesterday as part of a broad overhaul of its mobile operating system for the iPhone and iPad.
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By Brian Womack, Bloomberg |
June 10, 2013
Facebook Inc. gained as much as 5.6 percent amid speculation that the world’s largest social network may be added to the Standard & Poor’s 500 Index.
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By Adam Satariano, Bloomberg |
June 10, 2013
Apple Inc. is preparing to unveil sweeping changes to the software powering iPhones and iPads, seeking to reignite desire for its products and blunt the advance of Google Inc.’s Android mobile operating system.
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By Lu Wang and Sonja Elmquist, Bloomberg |
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
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By Douglas MacMillan and Adam Satariano, Bloomberg |
May 29, 2013
Apple Inc. Chief Executive Officer Tim Cook, seeking to quell concerns about the company’s ability to innovate in consumer electronics, said his staff “has several more game changers” in the pipeline.
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By Jesse Westbrook, Bloomberg |
May 22, 2013
Hedge funds’ returns have stayed “lackluster” this year, with the $2.3 trillion industry trailing the gains of the Standard & Poor’s 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Nina Mehta and Nikolaj Gammeltoft |
May 6, 2013
BOX Options Exchange will be the first to begin trading larger-size contracts on the most-active U.S. equity derivatives product.
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By Inyoung Hwang, Bloomberg |
May 6, 2013
Most U.S. stocks rose, as the Standard & Poor’s 500 Index extended its record level, following data last week that showed American employers added more workers than forecast in April.