NASDAQ Market News

Don Mattrick praised by Microsoft following depature. Zynga has announced that former Microsoft executive, Don Mattrick, will be its new CEO effective July 8. Microsoft CEO Steve Ballmer said the move was “a great opportunity for Don, and I wish him success. Don’s directs will report to me and will continue to drive the day-to-day […]

It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]

“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]

Public Accounts Committee describe Google’s tax arguments “deeply unconvincing”. A group of senior Members of Parliament have criticised Google over their avoidance of UK corporation tax. The Public Accounts Committee’s report into Google’s tax avoidance argued that the company “relies on the deeply unconvincing argument that its sales to UK clients take...

The highly anticipated non-farm employment data of the US economy in May is out and the numbers showed the number of jobs grew slightly more than what predicted by economists, with the increased unemployment rate seen as a sign more people are now on the job hunt. Releasing the data an hour before trading opens […]

It was 18 May 2012.  I remember it well.  I wished my daughter a Happy Birthday, then turned my attention to watching what was supposed to be a day of fanfare on the NASDAQ as Facebook was about to open its IPO.  Perhaps never before has the entire world been so highly focused on an […]

Don’t even bother to check the five-year charts for AstraZeneca (LSE:AZN).  If you want to see the big picture, you have to go back more than twice that amount of time to see that the AZN’s share price reached an 11 year high today as is soared by 107.50 pence (3.14%) to 3537.00 this morning. […]

Internet giant promises not to “screw it up” Yahoo! Inc. (NASDAQ: YHOO) and Tumblr have announced that they have reached an agreement for Yahoo! to purchase micro-blogging site Tumblr for $1.1bn. Per the agreement and their promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain […]

Michael Dell’s message on the Dell (NASDAQ:DELL) website begins with these words:  “Successful, innovative companies tend to aspire to a greater purpose that goes beyond the bottom line.”  If there were ever a time to test how much he really believes that, it is now. The boardroom discussions must be increasingly more intense at Dell […]

High in the foothills of the Great Smoky Mountains, in the quiet community of Lenoir, North Carolina sits a sprawling facility shrouded in mystery.  Lenoir used to be home to the most well-known scions of furniture manufacturing in the United States, but those factories and jobs have all been moved to China.  The most notable […]