Latest Market capitalization Stories

RIM Warns Of Loss, Faces Uncertain Future With Major Restructuring
2012-05-31 04:46:07

Canada-based Research In Motion Ltd (RIM) faces a shaky future as it undergoes a major global restructuring that includes the elimination of thousands of jobs worldwide. The company warned late Tuesday of a quarterly loss — its first in seven years — and announced it was hiring leading M&A specialists from JPMorgan and RBC Capital to “review” its strategic options. The move sparked questions about whether RIM may be looking to sell itself, although that...

Apple's Stock Price Hits $600 Per Share
2012-03-15 11:33:56

Just a month after its stock hit $500, Apple's share price reached past $600 for the first time on Thursday. The new milestone comes a day before the company launches its next-generation iPad to the public. Apple's shares touched $600.01 shortly after the ringing of the opening bell at 9:30 a.m. on Thursday. The company's stock-price has gained 57 percent in the past three months, and 73 percent over the past year. The new iPad will be setting Apple up to sell 65.6 million iPads...

2009-06-30 08:00:00

IRVINE, Calif., June 30 /PRNewswire-FirstCall/ -- Endologix, Inc. (Nasdaq: ELGX), developer of minimally invasive treatments for aortic disorders, today announced that it has been added to the Russell 3000(R), Russell 2000(R) and Russell Global Indexes, effective June 26, 2009 after the close of the U.S. markets. John McDermott, President and CEO, said, "We are pleased that Endologix is now included in the Russell Indexes, which has $4 trillion in assets currently benchmarked to them. The...

2008-10-22 09:00:17

TORONTO, Oct. 22, 2008 (GLOBE NEWSWIRE) -- AGORACOM (http://www.agoracom.com), North America's leading small-cap and micro-cap investment community, recently announced web traffic results for the first full-year since the launch of its small-cap, wiki-powered "Investor Controlled Discussion Forums" (http://blog.agoracom.com/2007/10/11/agoracom-investor-controlled-stock-discussion-forums-smash-status-quo/) on October 5, 2007. "If a picture is worth a thousand words, our charts from Google...

2008-10-08 00:00:33

South Korea's top 10 conglomerates have seen nearly $80 billion of their market capitalization evaporate thus far this year. Citing the Korean Stock Exchange, the Korea Times reported that between January through last Monday, these businesses shed 105.8 trillion won, or $79.4 billion, to 328 trillion won, or about $247 billion -- a drop of 24.4 percent. During the same period, the overall value of the Korean stock market gave up 28.4 percent to the current capitalization of 752.8...

2005-11-18 06:02:02

NEW YORK (AP) - Google Inc. (GOOG)'s share price crossed the $400 threshold to a new all-time high Thursday, marking a gain of nearly $100 a share in the four weeks since the Web-search giant reported impressive quarterly financial results. During the intervening period, Google has produced a steady stream of news that has fanned excitement about seemingly limitless growth prospects, and its stock has, in turn, marched fairly steadily upward. Google's shares rose $5.30, 1.3 percent, to close...

Word of the Day
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.