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Majesco is once again out of compliance with the Nasdaq stock exchange for having a stock price under $1 for over 30 days. The company now has 180 days (about six months) to raise its common stock to at least $1 for ten consecutive business days.The publisher's shares took a dive in January when it...

March 8th 2013 at 9:00am 0 Comments
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In the wake of a $115 million loss in Sony's third quarter, its stock price has taken a significant hit, reports Bloomberg. Shares dropped from ¥1,530 ($16.51) to ¥1,365 ($14.78), a decrease of 10.78 percent. Bloomberg notes that this is the eighth consecutive quarter that Sony has posted a...

February 8th 2013 at 11:00am 0 Comments
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Al Gore is not afraid of all the doom and gloom surrounding Apple. According to Forbes, the politician/environmentalist just spent US$440,000 to buy 59,000 shares of Apple stock. Of course, he exercised stock options that he received for serving on Apple's Board of Directors and bought the stoc...

January 18th 2013 at 2:00pm 0 Comments
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Multinational banking conglom-o J.P. Morgan has reduced the amount of Zynga stock in its possession from 6.7 million shares to 2.6 million, All Things D reports. This represents a shift in its ownership of the developer/publisher from 6.7 percent to less than half of one percent, with the whole of...

January 12th 2013 at 7:30pm 0 Comments
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Bob Mansfield recently sold 35,000 shares of Apple stock and now it is Eddy Cue's turn to cash in some of his holdings. According to a filling with the US Securities and Exchange Commission, Cue sold off 15,000 shares of Apple stock for approximately US$584 per share. He walked away with $8.76 mi...

December 5th 2012 at 9:00am 0 Comments
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Apple Senior Vice President of Technologies Bob Mansfield sold 35,000 shares of Apple stock at a price of $582, netting him a cool $20 million. This financial transaction was detailed in a SEC filing spotted by MacRumors. Earlier this year, Mansfield sold another chunk of Apple stock for $12....

November 30th 2012 at 12:30pm 0 Comments
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After a botched Maps launch and limited supplies of its flagship iPhone 5, Apple's stock has sunk to a five-month low, and the company has lost almost US$130B in market value since September. A piece on ABC's Nightline profiles this drop in Apple's stock and offers its take on why AAPL is not a...

November 9th 2012 at 9:00am 0 Comments
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THQ's stock is (as of this writing) down 42 percent, trading at $1.74, following yesterday's dramatic second quarter earnings conference call.The conference call, which totaled 12 minutes, concluded with CEO Brian Farrell saying that the company had been "advised not to conduct a [question and answ...

November 6th 2012 at 11:00am 0 Comments