News archive from 7 November 2013

Twitter Inc prices shares at $26: source

Twitter Inc prices shares at $26: source

(Reporting by Olivia Oran; Editing by Bernard Orr)

 

Qualcomm curbs spending as revenue guidance disappoints

San Diego-based Qualcomm's components are used in smartphones made by Apple Inc (AAPL.O) and Samsung Electronics Co Inc (005930.KS) and its patents pulling in revenue from licensees across the cellphone industry. But with growth in the smartphone...

 

Twitter Inc prices shares at $26 -source

(Reporting by Olivia Oran; Editing by Bernard Orr)

Reuters, 00:03 in Business
 

Twitter Shares Priced At $26 In IPO

Twitter has set a price of $26 for its public stock offering and can begin trading on the New York Stock Exchange on Thursday. More follows...

 

Lukaku could've avoided Lloris, claims Villas-Boas as Spurs boss goes on the defensive over head injury...

Andre Villas-Boas joked that he took a vaccine after his time in charge of Chelsea to make him immune to criticism. The Tottenham boss might want to up his dosage, given he felt the need on Wednesday to launch such a staunch defence of his medical...

Daily Mail, 00:08 in Sport
 

Shock omission Hazard was dropped from Schalke win for missed training session, but Mourinho says he'll be...

Jose Mourinho dropped Eden Hazard for Wednesday's Champions League win over Schalke as a punishment for missing training on Monday. The Belgian was a surprise omission from the squad yesterday - and Mourinho confirmed his decision was prompted by the...

Daily Mail, 00:08 in Sport
 

Borussia Dortmund 0 Arsenal 1: It's that man Ramsey AGAIN as Gunners seize initiative in Champions League...

410 View comments Aaron Ramsey has scored 13 goals already this season. That alone takes some explaining. This, his fifth in European competition, requires more understanding than most. It wasn't just against the run of play, but against all logic....

Daily Mail, 00:08 in Sport
 

GM's new customer-service guru faces big task

Less than two years removed from running a car assembly plant, Alicia Boler-Davis, 44, is leading GM's push to boost vehicle quality and improve customer satisfaction as part of an effort to increase sales. In the past, GM divided these...

Reuters, 00:09 in Business
 

It's no yo-yo diet: Josie Gibson still looks trim in plunging red dress at charity ball after dramatic...

At the beginning of the year Josie Gibson lost six stone, and clearly she hasn't let her diet yo-yo since. The reality star arrived to the New Look Winter Wishes Charity Ball wearing a plunging red gown hat complemented her sleek figure. Wearing a...

 

Monkeys like tablets too! Touchscreen computers make macaques more friendly and help them relax

Using touch screen computers has helped a group of monkeys relax, a new study has found. Interacting with the touchscreen machines not only interests and challenges the animals, but keeps dominant members of the group busy, which mirrors life in the...

 
Twitter: It's worth how much?!

Twitter: It's worth how much?!

Twitter's much-anticipated launch on to the markets is fizzing with fanfare and debate over how - given that it has never made money - the microblogging site, priced at $26 per share, is officially worth more than $18bn (£11bn). The facts seem to...

BBC, 00:25 in Business
 

Exclusive - Chemtrade in talks for $1 billion General Chemical deal-sources

Private equity firm American Securities LLC, which put General Chemical on the auction block in the summer, is in the process of finalizing an agreement with Chemtrade over the next few weeks, one of the people said. The discussions with Chemtrade are...

Reuters, 00:27 in Business
 
China leaders to reveal reform credentials in special meeting

China leaders to reveal reform credentials in special meeting

President Xi Jinping and Premier Li Keqiang must unleash new growth drivers as the world's second-largest economy loses steam burdened by industrial overcapacity, piles of debt and soaring house prices. The meeting will show just how committed the new...

Reuters, 00:27 in Business
 
Twitter prices above range at $26 in highly anticipated IPO

Twitter prices above range at $26 in highly anticipated IPO

The microblogging network priced 70 million shares at $26, above the expected range of $23 to $25, which had already been raised once before. The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise...

 

Novatel's forecast misses estimates due to higher competition

Novatel, which makes mobile hotspots, USB modems and wireless modem cards for PCs, forecast revenue of $66 million-$78 million, way below Street estimates of $99.5 million. The company said it expects an adjusted loss of 14 cents per share to...

 


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