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Ontario provincial governments look to liquidate GM holdings

When General Motors emerged from bankruptcy in 2010, the Canadian federal and Ontario provincial governments found themselves among the largest shareholders in one of the biggest automakers in the world and, currently, the governments want to liquidate.
In the Media by Jeannie Stokowski-Bisanti

Microsoft shares flirt with dotcom-boom levels on iPad app report

Microsoft Corp's shares scaled levels last seen in the dotcom boom following reports that the company plans to unveil an iPad version of its Office software suite, potentially generating billions of dollars ...
In the Media by Soham Chatterjee (Reuters)

Panasonic jumps more than 6 percent on report of Tesla battery plan

Shares in Panasonic Corp jumped more than 6 percent to a three-week high of 1,271 yen on Wednesday after the Nikkei newspaper said the firm is inviting a number of Japanese suppliers to join it in investing in a U.S.
In the Media by Reuters

Coke sees profits dip

Due to falling sales in the U.S. and across Europe, shares in the soft drinks manufacturer Coca-Cola saw their biggest fall in two years. U.S. sales have fallen by over 4 percent, with a similar decline occurring across Europe.
In the Media by Tim Sandle - 4 comments

Canon climbs to three-week high after share buyback announcement

Shares in Canon Inc advanced 2.4 percent to a three-week high of 3,154 yen on Wednesday after it said it will buy back up to 50 billion yen ($488.5 million) worth of its own shares, or 1.6 percent of its outstanding shares.
In the Media by Reuters

Samsung Electronics shares jump 3 percent on eased currency woes

Shares of South Korea's Samsung Electronics extended their rebound on Tuesday, rising as much as 3 percent, as currency concerns subsided.
In the Media by Reuters

LinkedIn sees share price fall

Shares in the professional networking service LinkedIn fell by 15% at the close of trading after the network posted a weaker-than-expected outlook.
In the Media by Tim Sandle - 1 comment

Medical device producer accused of fraud

ArthroCare Corp., a medical device manufacturer based in Austin, Texas, has agreed to pay a $30 million fine to resolve accusations that its senior executives engaged in a securities fraud scheme.
In the Media by Tim Sandle - 1 comment

Twitter downgrade prompts at least one person to jump ship

Social media websites are crucial, it can be argued, to business success if you work online. Now though social networking sites such as Facebook and Twitter are leaping onto the advertising bandwagon and selling shares but one investor jumped ship Friday.
In the Media by Eileen Kersey - 2 comments

Google shares rise above $1,000

Shares in the Internet giant Google have topped $1,000 for the first time in the company's history. Shares jumped 13.8% on Friday after Google reported better-than-expected earnings.
In the Media by Tim Sandle - 1 comment
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