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Pre-Market Movers (Dell, Facebook, Alcoa, Renren, Jive Software, BlackRock, Alcatel Lucent, FreightCar America)
Among the companies whose shares are moving in pre-market trading Wednesday are: Ares Capital Corp, Alcatel Lucent, FreightCar America, Jive Software, Dell Inc, Renren Inc, BlackRock, Alcoa and Facebook Inc.
Read more...Facebook IPO’s Poor Performance Blamed On Software
Friday started out pretty exciting as Facebook shares started trading. The feelings of joy soon turned to disappointment, however, as Facebook’s share price never really went anywhere. The question then turned to what caused the poor performance. To help answer …
Read more...HP To Axe 27,000 Jobs; Beats Q2 Earnings, Sales Ests.; Shares Up 5% [Updated]
Chief Executive unveiled a restructuring plan that will shed 27,000 jobs at the Palo Alto, Calif.-technology conglomerate as the company posted second quarter results Wednesday that beat analyst expectations. HP shares rose 5% in after-hours trading. The technology conglomerate posted net income of $1.6 billion, or 80 cents a share, on sales of $30.7 billion ...
Read more...Facebook IPO Mess: Blame Falls On High-Frequency Trading
As shareholders continue to pick through the rubble of the troubled Facebook IPO, questions still linger about the role -- if any -- high-frequency trading played in the offering on the Nasdaq stock market last week.
Read more...Compuware 4Q Profits Fall 22 Percent - Stock Rises In Aftermarket Trading
DETROIT - Compuware Corp. said Tuesday that its fiscal fourth-quarter profit fell 22 percent, and it gave a more somber outlook for the current year than analysts were expecting, but the company's revenue rose, and its shares climbed in aftermarket trading.
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