Yesterday, at around 12pm EST, Goldman Sachs shares (NYSE:GS) plummeted as the news about Facebook stock trading made it’s way into the mainstream. Goldman Sachs Group Inc. has been aggressively pitching as much as $1.5 billion in Facebook shares to wealthy investors, while simultaneously disclosing they might sell or hedge its own $375 million investment […]
Tag: stock
Over the weekend, Twitter co-founder Biz Stone said in an interview with the British business daily that back in 2008, Facebook made an offer to buy Twitter for $500 million in Facebook stock. Twitter respectfully decline this offer because, according to Stone, they wanted to become not just a popular site but a viable business, […]
Twas The Night Before Christmas Poem One of the most searched for items on this fine Christmas Eve is the poem that warms the hearts of so many, both young and old. Twas The Night Before Christmas is a poem that is surrounded with mystery and theory. According to MentalFloss.com, when the poem first appeared […]
Yahoo shares started to tumble yesterday amidst rumors that the tech company would be making significant layoffs starting in December. Some initial rumors were that Yahoo would be laying off 20% of its staff. However, that number was rebutted with a correction to around 10%. Regardless of the where the exact number comes in at, Yahoo […]
With the iPhone 4 problems (antenna gate and supply side issues) now taking a back seat in the media, and with the iPad expanding on the global stage, it’s no wonder that Apple shares (NASDAQ:AAPL) have reached an all time new high at the close on Friday. Apple’s stock price closed at 314.74 +12.43 (4.11%) at […]
Google posted some impressive financial numbers today for the third quarter of 2010. Google earned $7.29 billion for the third quarter, which is up a whopping 23% year-over-year, and posted a net income of $2.17 billion. Google also reported having $33.4 billion in cash… now that’s a lot of cash! Currently, Google shares (NASDAQ:GOOG) are […]
According to Google Finance, here are the top 5 stocks that were winners today, Tuesday, October 12, 2010. 1) King Pharmaceuticals, Inc. (Public, NYSE:KG) – up 39.31% – King Pharmaceuticals (KG) shares are up up 39.5 percent to $14.15 on news Pfizer is taking over the company. Bloomberg had an interesting story highlighting action a […]