Take a look at some of Friday's midday movers: Apple, RadioShack, Shutterfly & more» Read More
Sept 26- Shutterfly Inc shareholders Marathon Partners Equity Management LLC and Mario Cibelli said on Friday that they would support the potential sale of the online photo-sharing service provider. Cibelli is the managing member of Marathon Partners and has a 5.29 percent stake in Shutterfly.
NEW YORK, Sept 22- Private equity firm Silver Lake is in advanced talks to acquire online photo-sharing service Shutterfly Inc for at least $2 billion, people familiar with the matter said on Monday. Silver Lake has outbid other buyout firms in an auction for Shutterfly and is now negotiating the terms of an acquisition, the sources said.
Some of Wednesday's midday movers:
Aug 20- Silver Lake Partners LP and Bain Capital LLC are among the buyout firms vying to acquire Shutterfly Inc, an online photo-sharing services provider with a market value of $2 billion, according to people familiar with the matter.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Online photo service Shutterfly is reportedly putting itself up for sale. If you're wondering why, check out your mobile app store.
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn't enough to interest buyers ahead of the highly anticipated June payrolls report.
U.S. stocks closed mixed on Wednesday as the Dow and S&P 500 pushed into uncharted territory ahead of a government jobs report.
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks were little changed on Wednesday as a positive read on private sector employment wasn't enough to get investors to keep buying ahead of the release of the closely watched June payrolls report on Thursday.
Take a look at some of Wednesday's midday movers:
NEW YORK, July 2- U.S. stock indexes were little changed on Wednesday, with the Dow industrials hovering just below 17,000, after the U.S. private sector created many more jobs than expected last month.
NEW YORK, July 2- U.S. stocks were set to rise slightly at the open on Wednesday, with the Dow industrials ready to pierce through 17,000, after the U.S. private sector created many more jobs than expected last month.
July 2- Online photo-printing service Shutterfly Inc has put itself up for sale and hired boutique investment bank Qatalyst Partners to find a buyer, Bloomberg reported, citing sources. The company's shares were up 13 percent at $49.05 in premarket trading on Wednesday. Shutterfly could not be immediately reached for comment.
Shutterfly, the photo-sharing service, is said to be working with boutique investment bank Qatalyst Partners to sell itself, Bloomberg reported.
Dropbox has raised more than $1 billion in venture capital, the biggest bet that cloud-based collaboration is the future of the enterprise.
Wall Street has its eye on the Federal Reserve's meeting, but a slew of data is likely to have more influence on stocks Wednesday.
April 16- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario.
Some of Tuesday's midday movers:
Some of the names on the move ahead of the open.
Jeffrey Housenbold, Shutterfly CEO, addresses investor concerns and looks ahead to Shutterfly's future. Housenbold says the company is making significant investments and plans to expand its wedding business.