Joseph Phua didn't waste time crying when he got dumped, instead he monetized his heartache by launching online dating app Paktor.» Read More
American Realty Capital Properties Inc. fell. 2 percent to $13.13 with 12,325,600 shares traded. Apple Inc. rose. 1 percent to $102.25 with 65,878,700 shares traded. Cisco Systems Inc. rose. 2 percent to $24.85 with 15,423,100 shares traded.
Achillion Pharmaceuticals Inc. fell 2.6 percent to $11.45 with 13,290,700 shares traded. Apple Inc. rose 1.2 percent to $102.13 with 46,357,900 shares traded. Cisco Systems Inc. was unchanged at $24.80 with 15,324,700 shares traded.
Aug 27- Alibaba Group Holding Ltd's revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut.
Alibaba's latest quarter ending June 30 was highlighted by revenue of $2.54 billion, a 46 percent increase from last year based on current exchange rates for the yuan. Alibaba Holding Group Ltd. earned nearly $2 billion in the latest quarter, including a one-time gain of $1 billion generated by a reassessment of the company's investment portfolio.
The sky-high valuations of some tech start-ups have yet to be justified, says investor Roger McNamee.
Some of Wednesday's midday movers:
Tony Wible, Janney Capital Markets, has downgraded Facebook citing valuation headwinds, but maintains his price target at $82.50. Wible says Facebook's payments opportunity is unappreciated and could be as big as its ad market.
Some of the names on the move ahead of the open.
Payments provider Square is in the process of raising capital at a $6 billion valuation, according to sources familiar with the matter.
Here are key things Burger King needs to focus on to avoid a customer backlash over its proposed Tim Hortons merger, says brand expert Leeann Leahy.
Achillion Pharmaceuticals Inc. rose 9.0 percent to $11.75 with 18,098,400 shares traded. Apple Inc. fell. 6 percent to $100.89 with 32,310,800 shares traded. Cisco Systems Inc. rose. 4 percent to $24.81 with 16,479,500 shares traded.
Here's how you incentivize companies to do business in the US, not head to Canada like BK, says Michael Yoshikami.
Electronic Arts' latest version of its hit "Madden" football video game launches Tuesday, and it's breaking records for views of its promotional video.
First came the Ice Bucket Challenge, and now there's the Rice Bucket Challenge – India's twist on the fundraising campaign that has taken the internet by storm.
Singapore is synonymous with efficiency and order but rising discontent raises questions about social stability in the tightly controlled city-state.
Achillion Pharmaceuticals Inc. rose 10.5 percent to $10.78 with 14,301,300 shares traded. Apple Inc. rose. 2 percent to $101.54 with 39,098,300 shares traded. Cisco Systems Inc. rose. 2 percent to $24.70 with 18,918,400 shares traded.
Facebook makes the announcement via a blog post that it will be cracking down on click-bait on its news feeds, NBCNews reports.
Several new apps such as LottoLotto help lottery ticket holders keep track of winnings and reduce the number of unclaimed tickets.
Apple Inc. rose. 7 percent to $101.32 with 43,141,300 shares traded. Cisco Systems Inc. fell 1.0 percent to $24.65 with 22,216,700 shares traded. Facebook Inc. was unchanged at $74.57 with 20,568,200 shares traded.
Despite the growing importance of e-commerce, digital sales will likely play a larger role over the holiday season than back-to-school.