All Posts Tagged Tag: ‘shares’

Home Improvement Sales On The Rise As Home Owners Rebuild After Winter Storms

Home improvement is not just a mildly entertaining sitcom from the 90s. It’s a way of life for some people. They make weekly trips to Home Depot while helping to contribute to the store’s bottom line. Unfortunately for Home Depot, that wasn’t the case after a particularly rough winter killed their retail sales, but the retail giant is on its …

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Facebook’s Look Back Videos See 100M Shares

If you thought that the only reason you’ve been seeing so many of those “look back” videos in your Facebook news feed was that Facebook has been bumping their visibility or something–well, that’s not entirely accurate. Ok, it could be part of it. But according to Sheryl Sandberg, the 1-minute trips down Facebook memory lane that the company debuted earlier …

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Tesla Stock Rockets Despite Hazardous Adapter Recall

The fourth quarter was a definite success for Tesla Motors Inc. The electric car maker indicated yesterday that its Model S sedan deliveries surpassed original predictions by 20 percent. As Tesla delivered about 6,900 sedans during the quarter, shares shot up by almost 16 percent. “We look forward to 2014 with anticipation,” said Jerome Guillen (vice president of global sales …

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Macy’s Cuts Jobs And Plans To Close Five Stores

Macy’s has created a reorganization plan and it includes closing five stores and cutting 2,500 jobs. Currently Macy’s has 840 stores in 45 states either under the Macy’s name or Bloomingdale’s name with approximately 175,000 employees. Soon they will close down stores in Arizona, Kansas, Missouri, New York, and Utah. Though sales for the holiday season rose 4.3% compared to …

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Twitter Closes First Day at NYSE at $44.90 a Share

Twitter Inc., the company known for the micro-blogging/social networking free service Twitter (i.e. a 140 character per-status update (“tweet”) feed in which users can follow, send, and read) began trading on the New York Stock Exchange (NYSE) at 9:30 AM on Wednesday. Shares rose as high as $50.09. This means that Twitter Inc. (TWTR) is now a public company, and …

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Arian Foster Is Now On the Market and For Sale

Fantasy sports is a huge business. It allows the Everyday Joe a chance to draft a team, trade players, add free agents to their roster and root for touchdowns and homeruns from guys you would otherwise not care about. And now, not only can that same Everyday Joe pretend to play professional coach and general manager but as of today …

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Jos. A. Bank Rejected By Men’s Wearhouse

Men’s Wearhouse chose not to take the $2.3 billion offer presented by powerhouse Joseph A. Bank. Though shares for Men’s Wearhouse fell 12 percent during September, company representatives are determined to continue promoting the viability of the company. According to the Lead Director for the Board, Bill Sechrest, the proposal by Joseph A. Bank was viewed as being “opportunistic. The …

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Hostile Takeover Prevented By Safeway Thinking Ahead

The grocery store chain, Safeway, devised a plan to ensure survival and prevent hostile takeover after an investor recently acquired a significant chunk of stock from the company. The plan instigated by Safeway is one of a defensive nature, set to go into effect whenever a person or group purchases at least ten percent of the company’s common stock, or …

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Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business manager and only its 30th employee. Ballmer praised his executive team in a statement this morning, saying that “now is …

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Apple Announces Fourth Quarter 2012 Earnings Results

Everybody was curious as to how Apple performed in its fourth quarter. The company was rather mum about units sold during the iPad Mini event earlier this week. The earnings released today show that Apple had nothing to hide as they did pretty good. Apple announced today that the company pulled in $36 billion in revenue and quarterly net profit …

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Microsoft Corp. Raises Its Quarterly Dividend

Microsoft Corp. this week announced its board of directors have declared a quarterly dividend of $0.23 per share. This represents a 15% increase over the previous quarter’s dividend of $0.20. The dividend is payable December 13 to shareholders of record on November 15. In other Microsoft news, the company announced the retirement of one of Raymond Gilmartin from its board …

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Home Depot Stock Up On Increased Earnings Outlook

Home Depot stock is something that I would probably invest in. Emergency repairs and home decoration are always going to be in vogue and Home Depot will always get a chunk of those sales. The company seems to agree and has raised their annual outlook to reflect a better than expected second quarter. Reuters is reporting that Home Depot beat …

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