Tag: Shares
Apple reveal share repurchase scheme
Following a conference call this afternoon detailing the plans for their $100 billion cash reserves, Apple have announced that they will be investing ten billion dollars in a share repurchasing scheme. Bascially, Apple will be spending the next three years…
Groupon shares jump up 50% on Nasdaq debut
It's been a great day for Groupon; the daily coupon deal site has seen its shares jump up almost 50% on the company's trading debut in New York. Originally listed on the Nasdaq at $20 a share, the share…
Kodak share price drops a whopping 25%
Eastman Kodak, the legendary photography and printing firm, have seen their shares go into freefall today, with their worth dropping 25% following the news that they have taken out a £103 million loan for "general corporate purposes". The news means…
Apple shares tumble after Jobs resignation announcement
Apple's share price has taken a fair hit following the news that long-time CEO Steve Jobs is stepping down from his position, presumably over healh reasons. Apple made the announcement following the close of the NASDAQ stock exchange on Wednesday…
Steve Jobs cancer fears grow as no Obama meeting pics emerge
New concerns over the state of Apple CEO Steve Jobs' health have been raised after the usual collection of press photographs did not emerge following the meeting between US tech giants and President Barack Obama. Steve Jobs, Facebook's Mark Zuckerberg…
Schmidt steps down as Google CEO, selling half a million shares
Google CEO Eric Schmidt is to step down from his position at the head of the company, handing over the reigns to the search engine's co-fouder Larry Page. The move will take effect from April 4th. Schmidt will now stand…
Steve Jobs email to Apple staff reveals medical leave of absence
Steve Jobs is to take a period of medical leave from his post at Apple, citing medical concerns as his reasoning. Though the nature of his state of health has not been stated, Jobs will be handing over the majority…