New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 3, 2014
08:54 EDTGOOG, GOOGL, LNVGYGoogle Class C shares begin trading today
Google (GOOG) is effectively splitting its stock via a dividend distribution of new "Class C" shares, which begin trading today. The price of existing Google A shares, which hold one vote each, is expected to fall by half today as the C shares begin trading. WHAT'S NOTABLE: In January, Google announced that its board approved a dividend of Class C shares to be distributed on April 2 to holders of record as of March 27. The new Class C shares will trade under the ticker "GOOG" and the company's existing Class A shares will trade under a new ticker, "GOOGL." The company has previously said that its Q1 GAAP EPS will be half of what it would otherwise report because its net earnings are divided by twice as many shares. The company also said that its non-GAAP EPS will be similarly affected by the Class C dividend issuance, but will also be impacted by the expected sale of Motorola Mobile to Lenovo (LNVGY). This sale triggers "discontinued operations" accounting treatment, Google noted. Both Google Class A and Class C will be included in the S&P 500 and S&P 100 and there will not be a switch from Class A to Class C. Class A shares will subsequently be removed from Nasdaq indexes when the exchange operator rebalances them on June 23. By introducing non-voting C shares, Google's Sergey Brin and Larry Page will be able to issue stock to compensate workers or make acquisitions without diluting their voting stake, Bloomberg has noted.
News For GOOG;GOOGL;LNVGY From The Last 14 Days
Check below for free stories on GOOG;GOOGL;LNVGY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
July 10, 2014
19:38 EDTGOOGYelp says Google results favoring Google+ local listings, WSJ reports
Subscribe for More Information
10:46 EDTGOOGYelp retreats after analyst says review growth slowed
Subscribe for More Information
09:35 EDTGOOGRed Hat, Google collaborate on open standard for Docker containers at scale
Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link
06:26 EDTGOOG, LNVGYTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
Subscribe for More Information
06:18 EDTLNVGYIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
Subscribe for More Information
06:13 EDTGOOGGoogle Ventures invests in Europe
Subscribe for More Information
05:49 EDTGOOGYelp review growth outpacing Google Plus, says Piper Jaffray
Piper Jaffray says its data shows that despite being a more mature platform, Yelp (YELP) continues to outpace Google Plus (GOOG) in terms of review growth. Yelp reviews over the past month have increased by 3% versus Google's up 2%, Piper says. The firm remains positive on Yelp shares with an Overweight rating and $80 price target.
July 9, 2014
18:50 EDTLNVGYOn The Fly: After Hours Movers
Subscribe for More Information
18:17 EDTLNVGYHP, Lenovo shares up fractionally following PC shipment data
Shares of HP (HPQ) and Lenovo (LNVGY) are up fractionally after second quarter PC shipment data was released by Gartner and IDC. WHAT'S NEW: After eight quarters of declining shipments, worldwide PC shipments experienced flat growth in the second quarter of 2014, according to preliminary results by Gartner (IT). Worldwide PC shipments totaled 75.8M units in the second quarter, a 0.1% increase from the second quarter of 2013. According to the International Data Corporation, or IDC, Worldwide Quarterly PC Tracker, Worldwide PC shipments totaled 74.4M units in the second quarter of, a year-on-year decline of -1.7%. The results reflect the smallest decline in global PC shipments since the second quarter of 2012 when declining shipments of mini notebooks combined with a surge in tablet sales to disrupt the PC market. WHAT'S NOTABLE: According to IDC, the U.S. market showed strong 6.9% year-on-year growth in the second quarter. Continuing upgrades of Windows XP systems boosted shipments in commercial portables and desktops, helping the commercial segment. At the same time, retail acceptance of emerging product categories such as Chromebooks and ultraslims helped the consumer segment to stabilize. HP continued to hold the lead and gained 2% market share while four of the top 5 vendors experienced double-digit growth for the quarter. Lenovo and Toshiba (TOSBF) took advantage of some consumer interest in Windows 8 and a push to build up their presence in large enterprises. According to Gartner, Lenovo extended its lead as the leader in worldwide PC shipments, as its worldwide market share increased to 19.2%. Lenovo’s PC shipments grew by double-digits in all regions except Asia/Pacific. Lenovo’s shipment growth in Asia/Pacific was still faster than the regional average. OTHERS TO WATCH: Apple (AAPL), down marginally.
16:13 EDTGOOGZynga appoints Google executive Dugan to board
Subscribe for More Information
16:01 EDTGOOGOptions Update; July 9, 2014
Subscribe for More Information
15:06 EDTGOOGGoogle, Canon, SAP among members of new cooperative patent-licensing group
Subscribe for More Information
14:45 EDTGOOGTime Warner says no truth to rumor of M&A talks with Google, WSJ reporter says
Subscribe for More Information
12:52 EDTGOOGGasparino says hearing 'buzz' of Google buying Time Warner
Charles Gasparino of Fox Business tweeted ahead of the Sun Valley conference, "I'm now hearing more Google buying time warner buzz than any other company will advise once I get to #sunvalley." Shares of Time Warner are at their highs of the day, up 81c to $71.56.
11:00 EDTGOOGWells says VMware growth could slow, downgrades shares
Subscribe for More Information
08:31 EDTGOOGVMware CEO sees EMC helping it remain independent, WSJ reports
Subscribe for More Information
06:59 EDTGOOGYelp formally opposed the EU's antitrust settlement with Google, NY Times says
Subscribe for More Information
06:34 EDTGOOGFake document hits federal court in hiring case against tech giants, WSJ says
Subscribe for More Information
06:31 EDTGOOGFTC may probe Google over child app purchases, Politico says
After the Federal Trade Commission cracked down on apps previously available on Apple (AAPL) devices that let children spend money without their parents' permission, Apple told the FTC that similar apps are available on Google's (GOOG) app store, according to Politico. As a result, the FTC may investigate Google over this issue, Politico stated. Reference Link
06:24 EDTGOOGGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use