NASDAQ Market News

Seattle-based Starbucks Corporation (NASDAQ:SBUX) on Monday announced that it entered into an agreement to acquire La Boulange bakery for $100 million in cash. The acquisition will enable SBUX to improve its food offerings. The acquisition of La Boulange comes as food continues to become an important part of SBUX’s revenue stream. Food segment now accounts […]

After meeting with resounding success on products like the iPad, the iPhone and Mac over the years,  Apple Inc.’s (NASDAQ:AAPL) CEO, Tim Cook said in an interview yesterday that Company now wants to embark on a new area- television. While speaking in an on-stage television interview, hosted at D10 conference hall in California, Cook said […]

Social Networking giant, Facebook completed its initial public offering (IPO), the biggest ever in tech sector’s history and third biggest for a U.S. Company. The company raised $16 billion in its much-awaited IPO. No one in their wildest dreams would have ever imagined that a company born 8 years ago with no way to make […]

Digital media group Perform (LSE:PER) seeks to attract potential subscribers by streaming more than 50 digital sports channels to about 845 million subscribers of Facebook (NASDAQ:FB), the company announced Friday, April 27th. Perform launched LIVESPORT.TV, the company’s live, on-demand video portal of leading sports competitions, on Facebook today to allow people to connect and “watch […]

In an announcement made Thursday night, Google told investors that it would be splitting its stock in a move meant to preserve the senior leaderships’ control of the company. The decision came as the web powerhouse surprised analysts with higher than expected first quarter earnings. Net income was $2.89 billion, up 60% from the first […]

Facebook (NASDAQ:FB) has filed for their S-1 documents with the Securities & Exchange Commission (SEC) on the 1st February, 2012, opening the door to the Initial Public Offering of stock in the wildly successful company. Founded only 8 years ago by Mark Zuckerberg, at that time a 19-year old Harvard student, the enterprise produced $3.7 billion in […]

A staggering US$46.3 billion worth of Apple products beat every market estimates on Wall Street as they reported their first quarter results for its’ 2012 fiscal year on Tuesday, 24 January 2012. A US$13.06 billion chunk of net profit in 14 weeks puts Steve Jobs legacy as one of the highest quarterly profits on record, […]

Internet search engine giant Google Inc. (NASDAQ:GOOG) saw its shares dipped to as low as $575 a share in after-hours trading as fourth quarter report for 2011 fell short of analyst expectations. Google posted a 25% increase compared to the same period in 2010 to US$8.13 billion revenues, below the average analysts forecast of US$8.41 […]