Trending News

Daniel Loeb's hedge fund buys USD113.7 million stake in Disney

Daniel Loeb's hedge fund Third Point LLC purchased a USD113.7 million stake in Walt Disney Co. The Third Point LLC of Daniel Loeb purchased a USD113.


Chubby Checker is suing HP over genital-measuring app

US District Judge William Alsup said singer songwriter Chubby Checker could sue Hewlett Packard Co for infringing his trademarked name.

Groupon plunges following Tiger Global's revelation of slashed stake

Groupon stocks dropped by 4.2% to USD9.78 after Tiger Global Management LLC cut its stake in the company.

Spain to seek UN support over Gibraltar row with Britain

Spain may seriously consider taking their Gibraltar dispute with Britain to the United Nations for support on the issue.


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The losses sustained by the owners of the NY Times because of the website being down is still to be calculated.
The UPS plane crash is now being investigated by Federal Authorities and as a result, the share values of the firm plummet.
Shanghai Securities News said the Ministry of Public Security and a cabinet-level research center of China were preparing to investigate on EMC Corp, IBM Corp and Oracle Corp over security concerns.
Analysts suggested a share in Apple worth nearly USD500 is a better buy than the company's USD500 iPad.
Dell's net income plunged by 72% to USD204 million or 12 US cents per share as the sales of personal computer extended their downward coil.
Researcher NPD Group said that the US retail sales of accessories, hardware and software of video games dived by 19% to USD443 million.
Applied Materials, a chip gear manufacturer, stated it expects foundry clients limit their expenditures during the present quarter as company move to producing smaller chips.
Sony's Xperia A outsold Samsung's Galaxy S4, which led to DoCoMo's decision to exclude Samsung in its promotional line-up for the forthcoming winter.
A judge approved the foremost cable systems' plan to sell their spectrum to Verizon Wireless and cross sell their individual wireless and cable plans.
RBC Capital's analysts raised their price target on Apple Inc from USD475 to USD525 due to buyback chatter and the release of new Apple products.