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Addressing staff through a company-wide email, Charles Chao, Chief Executive of China’s internet-media giant, Sina Corp. (NASDAQ: SINA) charted out company’s strategy for 2013. Chao said that the company’s strategy will revolve around restructuring its business which would allow it to focus on mobile-computing business or “mobile-first” as described by the CEO.
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Shares of magicJack VocalTec (NASDAQ: CALL), a provider of voice-over-Internet-Protocol (VOIP), the softphone and the magicJack products, have risen sharply in pre-market trading today after the Israel-based company raised its outlook for the fourth quarter and full year 2012. The company also announced the appointment of new President and CEO.
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Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, have edged higher in early trading today. At last check, TM shares were trading 1.49% higher at $91.71 on volume of 51,081. The stock hit an intra-day high of $92.17 earlier today.
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Shares of Diodes Incorporated (NASDAQ: DIOD), the Plano, Texas-based worldwide manufacturer and supplier of application-specific standard products within the discrete, logic and analog semiconductor markets, have edged higher in early trading today after the company agreed to acquire BCD Semiconductor Manufacturing Limited (ADR) (NASDAQ: BCDS), a leading analog integrated device manufacturer.
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Car maker, Ford Motor Company (NYSE: F) announced on Thursday that it will be spending about $773 million for revamping manufacturing facilities in 6 southeast Michigan plants in 2013 as the company looks to launch next generation of products.
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Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, are marginally lower in early trading today. At last check, TM shares were trading 0.42% lower at $90.80 on volume of 71,782. The stock fell to an intra-day low of $90.41 earlier today. TM shares have fallen more than 2% in the last three [...]
Shares of Weatherford International Ltd. (NYSE: WFT), a provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells, are up sharply in trading today.
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World’s biggest video-streaming service provider, Netflix Inc. (NASDAQ: NFLX) said on Monday that it has restored its services after a technical glitch in Amazon.com Inc.’s (NASDAQ: AMZN) web storage and computing system blocked many of its customers from accessing movies and television shows.
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Houston, Texas-based oil and gas major ConocoPhillips (NYSE: COP) and Sinopec Exploration Southern Co., a subsidiary of Sinopec Group, signed an agreement to focus on shale gas exploration and production research for the Qijiang block in the Sichuan Basin.
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Shares of TripAdvisor Inc. (NASDAQ: TRIP), an online travel research company enabling users to plan and have a trip, are gaining in trading today. At last check, TRIP shares were trading 1.93% higher at $42.78 on volume of 294,007. The stock hit an intra-day high of $44.10 before paring some of its gains. Despite today’s [...]
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