Tag Archives: aol
Stocks Slip From Highs in Thin Trading
NEW YORK (TheStreet) — Major U.S. stock averages slipped Monday as investors took some profits after recent strong gains in equities and watched for headlines from a meeting of eurozone finance ministers and developments on the “sequestration” talks in Washington. Continue reading
Stocks Gain as Economy, Earnings Strengthen
NEW YORK (TheStreet) — Major U.S. stock averages gained Friday as investors tracked the European markets and got a boost from better-than-expected trade data and earnings reports. Apple shares tacked on 1.4% to $474.98. Continue reading
AOL posts profit in ‘milestone’ quarter
AOL on Wednesday posted a profit for the second quarter of $970.8 million, boosted by a big sale of patents, while citing signs of progress in turning around the struggling Internet firm. Continue reading
News Summary: AOL starts tender offer for stock
THE PLAN: AOL Inc. has started a tender offer to buy back up to $400 million of its common stock. Continue reading
ISS Backs Two Dissident Nominees for AOL Board
NEW YORK (TheStreet) — Institutional Shareholder Services is recommending that AOL shareholders vote for two of the three board nominees backed by dissident investor Starboard Value LP, according to published media reports. The shareholder advisory firm released its report Saturday on AOL’s proxy battle, recommending that shareholders vote for Starboard CEO Jeffrey Smith and Dennis Miller, a strategic adviser to Lions Gate Entertainment Corp.. But ISS didn’t endorse James Warner, the principal of Third Floor Enterprises, a media and marketing advisory firm. Continue reading
Renaissance Adds Dell, Yahoo!, Trims Apple
NEW YORK (TheStreet) — Hedge fund heavyweight Renaissance Technologies added new positions in Dell and Yahoo!, according to 13-F filings released by the Securities and Exchange Commission on Tuesday. The fund, which is led by fund manager and former code-breaker James Simons, added 2,521,878 shares of Texan PC maker Dell during the quarter ended March 31. Continue reading
Stocks Take Hit From Eurozone Debt Worries
NEW YORK (TheStreet) — Wall Street opened sharply lower Wednesday as political troubles in Greece sparked a fresh wave of eurozone debt contagion fears in the global markets. The Dow Jones Industrial Average wasshedding 114.4 points, or 0.9%, at 12,818 Continue reading
7 Gadgets Retrofitted for the Future
By Diane Bullock NEW YORK (Minyanville) — Imagine if the phrase “Everything old is new again” applied to technology — that consumers suddenly grew bored with intuitive design and began to hunger for, say, the touch of a bulky button or the sound of a dial-up modem. Continue reading
