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7th March, 2013
Icahn builds Dell stake, complicating buyout: CNBC
Icahn's stake in Dell is likely to make it difficult for Michael Dell to buy out the company, especially if he opposes the move.
Icahn's stake in Dell is likely to make it difficult for Michael Dell to buy out the company, especially if he opposes the move.
9th February, 2013
Google’s Chairman Eric Schmidt to sell up to 3.2 million shares!
While Google's stock is at record highs, Executive Chairman Eric Schmidt plans to sell more than 40 percent of his stock in the Internet search leader this year.
While Google's stock is at record highs, Executive Chairman Eric Schmidt plans to sell more than 40 percent of his stock in the Internet search leader this year.
1st February, 2013
Samsung Electronics chairman wins $4 billion court feud over family fortune
Samsung Chairman Lee Kun-hee fended off a lawsuit by family members demanding he hand over billions of dollars of shares.
Samsung Chairman Lee Kun-hee fended off a lawsuit by family members demanding he hand over billions of dollars of shares.
15th January, 2013
Dell in talks to go private, shares surge
Michael Dell now owns 244 million shares in the company, and last year was ranked the 22nd richest American with a fortune of $14.6 billion.
Michael Dell now owns 244 million shares in the company, and last year was ranked the 22nd richest American with a fortune of $14.6 billion.
10th January, 2013
KSE 100 index plunges by 150 points
The Karachi Stock Exchange 100 shares index on Thursday fell by more than a 150 points , approximately 0.93 per cent during intra-day trading, DawnNews reported.
The Karachi Stock Exchange 100 shares index on Thursday fell by more than a 150 points , approximately 0.93 per cent during intra-day trading, DawnNews reported.
9th January, 2013
SBP allows Fauji to acquire Askari Bank
Market sources said the Askari Bank would be jointly acquired by the Fauji Foundation, the Fauji Fertilizer and the Fauji Fertilizer Bin Qasim.
Market sources said the Askari Bank would be jointly acquired by the Fauji Foundation, the Fauji Fertilizer and the Fauji Fertilizer Bin Qasim.
23rd November, 2012
RIM shares rally as optimism about new devices grows
Thompson believes that there is more money to be made in the stock ahead of the early 2013 launch of the make-or-break new line of devices.
Thompson believes that there is more money to be made in the stock ahead of the early 2013 launch of the make-or-break new line of devices.
3rd November, 2012
Facebook’s Sandberg sells $7.4 million in stock
Facebook Inc COO Sheryl Sandberg and two other executives sold millions of dollars worth of stock this week.
Facebook Inc COO Sheryl Sandberg and two other executives sold millions of dollars worth of stock this week.
25th October, 2012
Why Wall Street favours Amazon over Apple
Odd, because Amazon perpetually promises more jam tomorrow, while Apple delivers it.
Odd, because Amazon perpetually promises more jam tomorrow, while Apple delivers it.
20th October, 2012
McDonalds is not lovin’ it
Double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly four per cent.
Double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly four per cent.
4th October, 2012
HP stock sinks with slow turnaround
HP anticipated revenue for fiscal 2013 would decline during what Whitman referred to as a “fix and build year.”
HP anticipated revenue for fiscal 2013 would decline during what Whitman referred to as a “fix and build year.”
8th September, 2012
Dollar falls on US jobs; Spain yields slip on ECB
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
31st August, 2012
Shares down ahead of Bernanke speech
Stocks fell as investors pared back expectations that Federal Reserve Chairman Ben Bernanke will signal a new round of economic stimulus.
Stocks fell as investors pared back expectations that Federal Reserve Chairman Ben Bernanke will signal a new round of economic stimulus.
30th August, 2012
Pakistan stocks close higher; rupee gains, o/n rates flat
Pakistan stocks closed higher on Thursday, boosted by investor confidence in the oil, gas, and telecommunications sectors.
Pakistan stocks closed higher on Thursday, boosted by investor confidence in the oil, gas, and telecommunications sectors.
29th August, 2012
Euro up on ECB hopes; hurricane scare lifts oil
Stocks were little changed on Wall Street as mixed data gave investors little indication whether more stimulus measures would be taken by the Fed.
Stocks were little changed on Wall Street as mixed data gave investors little indication whether more stimulus measures would be taken by the Fed.
25th August, 2012
India permits Pakistanis to invest in financial markets
The Reserve Bank of India has allowed investments by Pakistani individuals and corporations for the purchase of shares and debentures.
The Reserve Bank of India has allowed investments by Pakistani individuals and corporations for the purchase of shares and debentures.
21st August, 2012
Stocks slip, euro wavers on ECB comment
Global shares slid and the euro wavered after the European Central Bank sought to squash speculation about the form of market intervention for the crisis.
Global shares slid and the euro wavered after the European Central Bank sought to squash speculation about the form of market intervention for the crisis.
20th August, 2012
Apple is most valuable company ever at $622 bn
Apple dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.
Apple dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.
16th August, 2012
Stocks rise, dollar falls as US data weigh
World shares rose to near 3-1/2 month highs on Thursday, following hints that global growth engine China is eyeing new support for its economy.
World shares rose to near 3-1/2 month highs on Thursday, following hints that global growth engine China is eyeing new support for its economy.
16th August, 2012
Stocks steady, bonds slip on stimulus uncertainty
Global shares held near their highest level since May o n Wednesday on hopes of more central bank stimulus
Global shares held near their highest level since May o n Wednesday on hopes of more central bank stimulus
