Posted on 16 February 2011
Tags: average, beating-the-average, cmcsa, comcast, its-dividend, its-planned, michael reinstein, morning, reinstein
Shares of Comcast (CMCSA) are up 79 cents, or 3%, at $24.95 after the company this morning reported Q4 results ahead of expectations, and raised its dividend 19%, and said it was accelerating its planned share buybacks.
Q4 revenue was up 7% at $9.72 billion, beating the average $9.58 estimate, yielding [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 15 November 2010
Tags: brown, its-planned, michael reinstein, mot, motorola, motorola-mobility, reinstein, today-said, two-new
Motorola (MOT) Co-CEO Greg Brown today said the company is targeting completion of its planned split into two separate entities as soon as January, Reuters reports. The transaction will create two new companies: Motorola Mobility, which will sell handsets and set-top boxes, and Motorola Solutions, which will supply wireless technology.
Brown, [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 16 June 2010
Tags: group, intertechnology, its-planned, morning, open, receive-one, terms, the-new, the-open, vishay, vishay-intertechnology, vishay-precision, vsh
Vishay Intertechnology (VSH) this morning set the terms of its planned tax-free spin-off of Vishay Precision Group, with VSH holders to receive one share of the new company for every 14 shares held. Fractional shares will not be distributed, and instead will be aggregated and sold in the open market, [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 28 May 2010
Tags: backers-include, benchmark-capital, capital, end-post, francisco-based, integral-capital, its-planned, michael reinstein, mike reinstein, tests-online, venture, venturebeat, wire
Grockit, a company that combines learning with social networking, has raised $3 million of its planned $7 million round of equity, according to a filing with the SEC. The San Francisco-based company helps students prepare for standardized tests online in a peer-to-peer environment. The educational startup, founded in 2007, previously raised more than $10 million. Past backers include Atlas Venture, Benchmark Capital and Integral Capital Partners.
Companies: Atlas Venture, Benchmark Capital, Grockit, Integral Capital Partners


Article courtesy of VentureBeat » Deals & More