Money Matters - Simplified


Twitter picks NYSE over tech-heavy NASDAQ

Micro-blogging site Twitter Inc. announced Tuesday that it will list on the New York Stock Exchange (NYSE) as it prepares for one of the highly anticipated initial public offerings (IPOs) of the year.

Stock Updates: FTIL, Coal India, BHEL Grapples in First Half; Endeavor to Pull Back

All eyes are set on FTIL after crash in share prices of MCX and its promoter FTIL. Lukewarm start witnessed for Coal India and BHEL. Picture would be clear only by evening stock market status.

Booking share on tablet market ? Microsoft hacks Surface RT price

Sluggish tablet sales under the Microsoft scanner now! There is some quiet action taking place in the Microsoft domain, folks! The price of Microsoft’s Surface RT tablet has been hacked by $150.

Yahoo sells back shares to Alibaba, bags huge profits

The company has revealed a spike in profits to the tune of $3 billion!

Motorola Mobility revenue dips in fourth quarter

Motorola Mobility registered dip in revenue in the fourth quarter due to the increased competition in Smartphone market.

Sears to shut down more than 100 US stores

Sears Holding Co., parent company of Sears and Kmart, has announced the closure of its more than 100 stores in United States next year.

GSV Capital buys 225,000 shares in FaceBook

Woodside, California based GSV Capital has bought 225,000 shares in Facebook at an average price of $29.28 per share.

Frontier Oil seeks voluntary delisting from New York Stock Exchange

The Frontier Oil Corporation announced on Monday that it has given a notice to the New York Stock Exchange informing about its intention to voluntarily delist from the common stock of the exchange till the closure of the merger of the company with Holly Corporation, the fourth largest refiner in the U.S.

Frontier, which was established as Wainoco Oil in 1949, has grown into a refining and marketing comp

RIM slashes profit forecast

Research In Motion (RIM), maker of the BlackBerry smart phone predicted that its profits may drop and the company may have to cut jobs.

Fiat buying remaining 6% US stake in Chrysler

Fiat is all set to buy the remaining 6 percent shares of the U.S. government in Chrysler, taking its stake above 50 percent in the Auburn Hills automaker.