Technology

What are the details? Tech Data Corporation (Nasdaq:TECD) today announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the company’s common stock. Since 2005, the company has purchased $1.2 billion of Tech Data stock, buying back approximately 44 percent of shares issued. “Our Board’s decision to […]

What are the details? QIWI plc (Nasdaq:QIWI) (MOEX:QIWI) today announced that it has completed the acquisition of a 70% interest in the Contact money transfer system and the Rapida payment processing system in exchange for the issuance of 3,915,129 class B shares to Otkritie Financial Group pursuant to QIWI’s agreement to acquire 100% ownership of […]

PHE IS A GREAT OPPORTUNITY, READ ON TO FIND OUT WHY I hereby declare that I am not invested in (LSE:PHE) nor do I intend to be within 48hours of this article being published. Right folks, you know the drill. We must always start at the beginning so here we gooooooo!! ha ha Lets go […]

The share price of Avago Technologies Limited (NASDAQ:AVGO) has had its ups and downs on heavy trading today following its announcement that it had entered into an agreement to acquire semiconductor sector rival Broadcom Corp (NASDAQ:BRCM) for a sum of $37 billion in cash and stock. According to Forbes, this will be the biggest semiconductor […]

Plus500 stock (LSE:PLUS) has dropped like a stone following several months of consolidation phase. What is in the market is essentially a breakout in the favor of the bears, and the bias may continue as the price drops further south. The recent consolidation phase made the price move primarily between the Trendlines: a serious break […]

Price news Bitcoin has been unusually steady the past two weeks, consistently trading within the $230-240 price range. Seven-day average price: $236.44 End of week market cap: $3.4 billion (Prices quoted according to Coindesk Bitcoin Price Index) In the bitcoin financial news over the last two weeks: Nasdaq’s Bitcoin Embrace In the news again, Nasdaq’s […]

The big conversation in the U.S. this morning is the announcement that Charter Communications, Inc. (NASDAQ:CHTR) has entered into an agreement to merge with its bigger rival Time Warner Cable, Inc. (NYSE:TWC) and a smaller rival, Bright House Networks. Bright House is not a publicly-traded company. Some seem to be stunned that Charter and TWC […]

The share price of Hewlett-Packard (NYSE:HPQ) surged today, closing at 34.76, up 2.75% after having reached 35.57 earlier in the day. HP’s share price fell from 38.49 on 24 February and has remained below 34.00 since 05 March. It reached its year-to-date and 52-week low of 31.16  on 31 March. It’s a bit hard to […]

Trading of Hanergy Thin Film Power Company shares (HKX:566) was halted today on the Hong Kong Exchange after the company’s share price plunged 47% within a span of just 24 minutes. Who Is Hanergy? “Hanergy Holding Group Ltd. is a multinational clean energy company as well as the world’s leading thin-film solar power company, committed […]

Tern shares (LSE:TERN) are consolidating to the upside and this may eventually result in an upward break which may enable the price to accelerate further upwards. In the chart, the ADX period 14 is around the level 20, confirming the consolidation phase. However, the DM+ is above the DM-, proving that the bulls have upper […]