employee

Former Marvell Technology Employee Charged For Fraud

Published on Thu, 08/11/2011 - 08:03
By FNNO Staff in General Interest, MRVL, business, charges, crime, employee, finance, investing, market, marvell technology, news, stock, trading, News Update

The former employee is being charged with one count of conspiring to commit securities fraud.

Marvell Technology (NASDAQ:MRVL) has a potential upside of 68.2% based on a current price of $11.94 and an average consensus analyst price target of $20.08.

business, charges, crime, employee, finance, investing, market, marvell technology, news, stock, trading

The New York Times reported that federal prosecutors announced charges on Wednesday against a former employee at Marvell Technology (NASDAQ:MRVL), accusing him of participating in an insider scheme that directed corporate secrets

By FNNO Staff
fnnonline@gmail.com

216,000 Jobs Added In March, Unemployment Rate Falls to 8.8%

The unemployment rate fell to 8.8% in March, vs. the expectation for the rate to increase slightly to 9.0%.

That is the lowest unemployment rate reported by the Department of Labor since March of 2009.

Average hourly earnings and the average workweek were unchanged at $22.87, and 34.4 hours, respectively.

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Job growth accelerated faster than expected in March, as payrolls increased 216,000, higher than the 192,000-job gain expected by economists.

By FNNO Staff
fnnonline@gmail.com

Middleburg Financial Jumps 9% As Investors Speculate on David Sokol's Future

Sokol is the largest shareholder in MBRG with about a 20% stake, the story said.

Earlier, MBRG hit a 52-week high of $19. It was last at $16.43.

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Middleburg Financial (MBRG) is up as investors digested that its biggest shareholder David Sokol is interested in starting his own investment company modeled on his longtime and soon-to-be former employer Berkshire Hathaway (BRK.A

By FNNO Staff
fnnonline@gmail.com

Myrexis to Cut 41% of Workforce; Shares Halted Earlier

Published on Tue, 03/29/2011 - 15:16
By FNNO Staff in drug, employee, fire, fiscal, health, hire, layoff, myrexic, myrx, pay, research, salary, severance, shares, worker, workforce
myrexic, myrx, workforce, employee, hire, fire, layoff, drug, health, research, severance, salary, worker, pay, fiscal, shares

By FNNO Staff
fnnonline@gmail.com

Court Prevents Former Microsoft Employee to Start Work at Salesforce.com

CRM had had hired Matthew Miszewski as its senior vice president of global public-sector business, a role similar to the one he formerly held at MSFT, the story said.

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Salesforce.com (CRM) is down 7% after a state court in Washington imposed a temporary restraining order that prevents a former Microsoft (MSFT) employee from going to work at CRM, the WSJ reports.

By Stephanie Shyu
sshyu@fnno.com

Commerce Department Reported Personal Income Up 1%

Lawmakers pass a one-year reduction in worker contributions to Social Security last year, helping to add more money in each weekly paycheck.

Inflation rose to 0.3% in January, in line with December, and is up 1.2% over the past 12 months.

commerce department, consensus, consumer, core cpe, costs, data, economic, employee, energy, food, income, inflation, news, paycheck, payroll, report, salary, social security, spending, tax cut, wage, worker

The Commerce Department reported that the income of American workers jumped a seasonally adjusted 1% in January largely with the help of a temporary payroll tax cut, ahead of consensus estimates for an increase of 0.9%, while cons

By Stephanie Shyu
sshyu@fnno.com

Delta Air Lines Swung To Q4 Profit, Top Line Up 14%

Published on Tue, 01/18/2011 - 09:22
By Stephanie Shyu in Earnings Lookback, dal, air lines, ceo, consensus, cost, dal, debt, delta, earnings, employee, eps, estimates, fuel, merger, nyse, prices, profit, richard anderson, shares, strategy

Richard Anderson, Delta's chief executive officer said, "Our 2010 results are among the best in Delta's history.

air lines, ceo, consensus, cost, dal, debt, delta, earnings, employee, eps, estimates, fuel, merger, nyse, prices, profit, richard anderson, shares, strategy

Delta Air Lines (NYSE:DAL) reported Q4 EPS of $0.19, ex-items, missing consensus estimates of $0.26 per share. Revenues rose 14% year-over-year to $7.8 billion, ahead of consensus estimates of $7.7 billion.

By Stephanie Shyu
sshyu@fnno.com

Sector Update: Tech - December 29, 2010

aapl, advertisement, altair, alti, apple, applications, backflip, caj, canon, class action, dictionary, employee, foreign investment, lawsuit, nanotech, nasdaq, options, pandora, shareholders, stocks, technology, tracking, weather channel

Technology stocks are higher ahead of the bell with Apple Inc. (AAPL) being named in a lawsuit filed in federal court in California accusing it of enabling advertisers to track how users interact with applications. Also named in t

By FNN Staff
root@fnn-online.com

General Motors Shares Down Following Report of Buyout Offeri

Published on Tue, 12/14/2010 - 14:47
By Anonymous in auto, buyout, car, early, employee, factory, fnn, General, gm, incentive, maker, motors, plants, retirement, worker
general, motors, gm, worker, employee, buyout, early, retirement, incentive, factory, plants, auto, car, maker, fnn

By Anonymous

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