Internet research firm comScore Inc. reported a 22 percent gain in online sales on the day after Thanksgiving compared with the same day a year ago and estimated online sales would exceed $700 million online Monday, the official kickoff to the online shopping season.
The signs were encouraging, but stores are now wondering whether bargain hunters […]
So will the merger happen? Here is what the Wall Street Journal has reported:
The proposed merger between XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. looked dead on arrival back in February, with federal regulators appearing unlikely to give their approval of the $5 billion merger. Eight months later, Wall Street is […]
Hewlett-Packard Co.’s fourth-quarter profit easily exceeded Wall Street’s expectations, bolstered by surging laptop sales and continued strong demand for highly profitable printer ink.
The board of the Palo Alto-based computer and printer maker also authorized an additional $8 billion for stock buybacks, a sign the company believes its shares are undervalued.
Strong PC sales have fueled much […]
Soros Fund Management LLC, the investment arm of billionaire George Soros, reported holdings of $2.9 billion in the third quarter, including a $33.9 million stake in distressed mortgage lender Countrywide Financial Corp., according to a regulatory filing Wednesday. In the filing with the Securities and Exchange Commission, Soros reported owning about 1.8 million shares of […]
Local.com Corporation (LOCM), a leading local search engine, today announced the signing of five license agreements for U.S. Patent No. 7,231,405, which covers methods for indexing and retrieving web-related information by geographical location.
The patent licenses have been integrated into revised contracts for Local.com’s LocalConnect platform, which was recently expanded via the acquisition of PremierGuide. Former PremierGuide […]
Google (GOOG) is considering bidding alone on coveted airwaves to launch a U.S. wireless network, as a deadline nears to declare bidding plans, sources familiar with the situation said.
One source underscored that Google had made no decision as of Friday on whether it would bid with partners or on its own in the auction of […]
