Videos - In The News

  •      01:17 PM Apple to Begin Selling Verizon Wireless iPhones Feb. 9

    "Shares of Apple (AAPL) are higher after the company said that it will begin online sales of its iPhone for the Verizon (VZ) network on Feb. 9, according to reports. That is a day before the device is schedule to hit store shelves, according to Reuters.

    Verizon is the second US operator...

  • 10:58 AM NaviSite Shares Skyrocket 31.5% on Acquisition News

    "NaviSite, Inc. (NAVI) shares opened higher, thanks to news of acquisition by TimeWarner Cable (TWC).

    Time Warner Cable will acquire the provider of enterprise-class hosting, managed application, messaging and cloud services, for $5.50 per share in cash, or a total equity value of...

  • 10:52 AM Acme Packet 13% Higher on Strong 2010 Q4 Results

    Acme Packet, Inc. (APKT) opened higher after reporting 2010 Q4 revenue of $70.2 mln and EPS of $0.26 per share. The Street view was $61 mln in revenue and earnings of $0.23.

    For 2011, the company guides for revenue of $300 mln and EPS of $1.05 per
    share. The Street is at $296 mln...

  • 10:37 AM Mad Catz Jumps 69% on Deal with Microsoft

    "Mad Catz (MCZ) says it entered into an agreement with Microsoft (MSFT) to produce a range of licensed, co-branded audio headphones under MCZ's Tritton brand and MSFT's Xbox 360 brand.

    Under the agreement, MCZ has the worldwide rights to manufacture, market and sell licensed, co-branded...

  • 10:33 AM Seattle Genetics Prices 10 Mln Shares at $15.50 Each, Shares Off 2.5%

    Seattle Genetics (SGEN) says it priced 10 million shares at $15.50 each in a public offering. It has granted the underwriters a 30-day option to purchase up to an aggregate of 1.5 million additional shares of common stock to cover overallotments, if any. The offering is expected to close on or...

  • 09:30 AM Johnson Controls Prices $1.6 Billion Senior Notes Offering

    "Johnson Controls (JCI) announced it priced a public offering of $1.6 billion aggregate principal amount of floating and fixed rate senior notes.

    The notes consist of $350 million of floating rate senior notes that mature in 2014 and bear interest at a rate of three-month LIBOR plus 0.41...

  • 09:21 AM Hewlett-Packard Details CEO's New Contract

    Hewlett-Packard Co. (HPQ) is giving new CEO Leo Apotheker, 57, a $1.2 million salary, a $4 million cash signing bonus, and $4.6 million in relocation costs and reimbursement for non-compete payments from his former employer, German business software maker SAP AG, HP outlined in a regulatory...

  • 09:09 AM What's In The News: February 2nd, 2011

    This is what's in the news for Wednesday, February 2nd. Bloomberg reports that Hewlett-Packard (HPQ) said that the availability of certain machines will be “impacted” by a chip design flaw disclosed by Intel (INTC) and that it will delay a product presentation scheduled for next week, ......