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Category archives for: Business

Facebook Announces IPO Pricing

MENLO PARK, Calif., – Facebook (NASDAQ: FB) today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on May 18, 2012, under the symbol “FB.” Facebook is [...]

Bed Bath & Beyond Acquiring Cost Plus, Inc.

UNION, N.J. and OAKLAND, Calif.  – Bed Bath & Beyond Inc. and Cost Plus, Inc.  jointly announced that they have entered into a definitive agreement under which Bed Bath & Beyond Inc. will acquire Cost Plus, Inc. in an all cash transaction.  Bed Bath & Beyond Inc. has agreed to make a cash tender offer for [...]

ipad App for Financial Advisors Announced

SAN FRANCISCO,  – Financial advisors can now use their iPads to interactively engage prospects and clients with the new Amp app from Boulevard R. Now available in the App Store, Amp is the first advisor-branded app designed to engage clients and uncover new advisory opportunities. A short video overview is available here: AmpForMarketing.com/Tour “Financial advisors may [...]

Xilinz Announces Fiscal 2012 Financial Results

SAN JOSE, Calif.,  – Xilinx, Inc.  announced fourth quarter fiscal 2012 sales of $559.0 million, up 9% sequentially and down 5% from the fourth quarter of the prior fiscal year.  Fourth quarter fiscal 2012 net income was $134.1 million, or $0.49 per diluted share. Fiscal 2012 sales were $2.24 billion, down 5% from the prior fiscal [...]

Netgear Announces Q1 2012 Financial Results

SAN JOSE, Calif., — First quarter 2012 net revenue of $325.6 million, as compared to $278.8 million in the comparable prior year quarter, 16.8% year-over-year growth First quarter 2012 non-GAAP net income of $28.1 million, as compared to $24.2 million in the comparable prior year quarter, 16.1% year-over-year growth First quarter 2012 non-GAAP diluted earnings [...]

Amazon Announces Q1 2012 Financial Results

Amazon.com, Inc.   announced financial results for its first quarter ended March 31, 2012. Operating cash flow increased 1% to $3.05 billion for the trailing twelve months, compared with $3.03 billion for the trailing twelve months ended March 31, 2011. Free cash flow decreased 39% to $1.15 billion for the trailing twelve months, compared with $1.90 billion [...]

Amazon Introduces AmazonSupply Website For Businesses

Amazon.com, Inc. today announced AmazonSupply (http://www.amazonsupply.com), a new website dedicated to offering a broad selection of parts and supplies to business, industrial, scientific and commercial customers at competitive prices. Customers can shop for items by product, material and brand across 14 categories, including: Lab & Scientific Test, Measure & Inspect Occupational Health & Safety Janitorial [...]

iPad Sales Increased 151% in Q2 2012

CUPERTINO, California — Apple®  announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted [...]

Toyota Opens Technical Center in Silicon Valley

The Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing, North America, Inc., (TEMA) (NYSE: TM), announced today that the company has opened a dedicated office in California’s Silicon Valley furthering Toyota’s commitment to localizing research and development activities in North America and enhancing the customer’s experience with in-vehicle infotainment systems. “The [...]

Consumer Demand For New Cars Picks Up

March’s incentive spending on new car sales decreased month-over-month, suggesting that surging auto sales are being driven more by consumer demand than sweet deals at the dealership, according to an analysis of Edmunds.com’s True Cost of Incentives® (TCISM). Edmunds.com reports that the average TCISMper vehicle in March was $2,142, down 3.2 percent from February, and [...]

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