Archive for the 'Business' Category

17 May

Before The IPO: A Private Market For Tech Shares

Story By: by Ilya Marritz In filing for its imminent initial public offering, Facebook included this sample of a stock certificate. The company’s stock has been sought by investors on private markets. Very soon, Facebook will go public. That means anyone will be able to buy shares of the social networking giant on the Nasdaq [...]

16 May

Beware of Out-of-Pocket Costs

Next year, you’ll likely pay more for your workplace health benefits, but you may have to read the fine print to figure out where the bite will come. View Interactive As companies head into open-enrollment season, when they let employees pick their plans for next year, many firms say they are reluctant to boost health-care [...]

16 May

Why You Should Buy Into Groupon

Groupon (GRPN: Nasdaq) By Sterne, Agee & Leach ($11.74, May 15, 2012) A strong first quarter alleviated several concerns including Groupon’s ability to generate meaningful operating leverage. Strong sequential growth in North America (up 33%) suggests Groupon (ticker: GRPN) is gaining significant market share. While the float issue (lock-up expiration is June 1) is still [...]

16 May

Apple Shares Helped Power the Past Year’s Top Funds

By SUZANNE MCGEE The stock-market rally that kicked off last October and has propelled the Standard & Poor’s 500-stock index to more than a 25% advance since then has been a boon for many mutual funds that invested in some of the largest-cap growth stocks. Few have more reason to celebrate than Mark Mulholland, whose [...]

15 May

Satellite problems cut phones in Canada’s Arctic

Thu Oct 6, 2011 4:41pm EDT *Flights canceled, bank machines, cell phones stop working *Service expected to resume quickly CALGARY, Alberta Oct 6 (Reuters) – A wayward satellite has cut communications for much of northern Canada, the Canadian Broadcasting Corp reported on Thursday. The CBC said on its website that Telesat Canada’s Anik F2 satellite, [...]

14 May

Big Marketers on Campus

By KATHERINE ROSMAN The coolest college clique to join this year isn’t a sorority or the lacrosse team. Students from the University of Southern California to Dartmouth College are lining up to become on-campus volunteer marketers for technology start-ups. Tech companies in their start-up phase have little cash and big need for word-of-mouth marketing so [...]

14 May

Tech Firms Crowd-Source to Fight Suits

Silicon Valley companies, hamstrung by patent litigation, are seeking help from the masses. Tech giants like Microsoft Corp. and Apple Inc., along with several start-ups, have tapped Article One Partners LLC to crowd-source evidence that a patent they are being sued for allegedly infringing isn’t novel. Proving so in court can invalidate a patent. It’s [...]

13 May

UPDATE 4-JPMorgan $2 bln loss hits shares, dents image

Fri May 11, 2012 6:49pm EDT * Shares drop more than 9 percent; credit rating cut * Hedging loss dents CEO Dimon’s reputation * Union calls for separation of CEO/chairman roles By David Henry and Douwe Miedema NEW YORK/LONDON May 11 (Reuters) – JPMorgan Chase & Co lost $15 billion in market value and a [...]

13 May

Motor racing-Market jitters could slow F1 IPO-source

By Keith Weir BARCELONA | Sat May 12, 2012 3:44pm EDT BARCELONA May 12 (Reuters) – Renewed turbulence in global markets could put the brake on plans to float the Formula One motor racing business in Singapore next month, a source close to the deal told Reuters on Saturday. Formula One will be looking carefully [...]

13 May

Polly Want an Insurance Policy?

Tim Evans/Saturn Lounge for the Wall Street Journal (macau); Eli Meir Kaplan for The Wall Street Journal (cat and dog) Faces of the insured: Big Bird, a 29-year-old macaw, had a partial wing amputation due to a bone infection before he got coverage. Insurance helped pay for Burmese cat Raisin’s pancreatitis treatment and golden retriever [...]