Google Shares Top $500 For First Time

"AP Business Writer Google Inc.'s stock price surpassed $500 for the first time Tuesday, marking another milestone in a rapid rise that has catapulted the Internet search leader into the corporate elite. Continuing a recent surge driven by Wall Street's high expectations for...

Scaling the heights

"Google's insight into the behavior of Web surfers has led to dominance and a stock near $500.SAN FRANCISCO — Wall Street thinks it knows who the media juggernaut of the new century will be: Shares of Google Inc. are flirting with the symbolic $500 mark as the search...

Will Web 2.0 dollars trickle down?

"The great untold story behind the Web 2.0 phenomenon is the flow of money. At this point, the money is flowing from the venture capitalists and the acquirers directly to the entrepreneurs who created the companies. There's nothing illogical about that, per se, but when you...

Blue chips slip on GE concerns, retailers

"Blue-chip stocks edged lower on Friday after shares of conglomerate General Electric Co. (NYSE:GE - news) sank on concerns its costs are rising faster than revenues in some of its businesses. In addition, a negative brokerage recommendation affecting Home Depot Inc. (NYSE:HD...

UnumProvident rises on takeover speculation

"UnumProvident Corp. (NYSE:UNM - news) shares rose nearly 8 percent on Friday on speculation the group life insurance company was going to be acquired. "UNM Provident is a rumored takeover candidate, which is causing heavy call buying," said William Lefkowitz, options...

Google's Big Bet, Airbus' Pain

"Google takes a leap of faith Google (GOOG) shares rose after the Internet search giant announced it was buying YouTube, the popular video-sharing Web site. Google was up more than 1 percent in Europe today. (Bloomberg) The steep price -- $1.65 billion in stock -- was a...

Hewlett-Packard shares up

"Shares of Hewlett-Packard Co. climbed Friday following Chief Executive Mark Hurd's testimony before a House subcommittee Thursday about the company's spying scandal. Hurd appeared along with Patricia Dunn, the company's ousted chairwoman, and Anne Baskins, who resigned as...

First Data up as Western Union headed for S&P 500

"Shares of transaction processing firm First Data Corp rose on Tuesday after news that the company's Western Union unit, which will be spun off to shareholders, is to be added to the S&P 500 index on Friday. Standard & Poor's on Monday said Western Union will replace...

DoCoMo to buy stake in fuel cell company

"Japan's largest mobile phone company plans to buy a large stake in a fuel cell maker to develop handsets with longer-lasting hydrogen-powered batteries that are friendly to the environment. Tokyo-based NTT DoCoMo Inc. said it will buy a 36.5 percent stake in Aquafairy Co....

Commentary: Microsoft needs more than just buybacks to lift its shares

"To help move things along, Microsoft not only launched a $40 billion stock repurchase program that lasts through 2011, the company also said its previously announced 4-year, $30 billion stock buyback program was completed in just 2 years."

UBC directors buy via placing (ShareCast via Yahoo! UK & Ireland Finance)

" LONDON (ShareCast) - UBC Media chief executive and non-executive chairman both took the opportunity to snap up shares via a placing. Chief executive Simon Cole and non-executive chairman John Hodson both acquired 250,000 shares at 20p each. Cole raises his stake to 20.9m...

Indian Shares Rise With Global Markets

"Indian shares rose with the benchmark index gaining 1.1 percent Tuesday, a day after it fell sharply amid worries over inflation and higher interest rates."

Who's the king of photos? Hint: It ain't Flickr

"LeeAnn Prescott from web analysis company Hitwise has an interesting article on her blog about the market shares of the web's most popular photo sharing and hosting sites. While it's true that Flickr gets most of the buzz, it turns out it's not at the top of the heap-it's at...

Finance & Business

"India’s economy is growing by over 8%, IBM has just said it would triple its investment in the country and the number of mobile phone customers has hit the 100mn mark. With these kinds of market-friendly announcements, Indian shares should be soaring. Instead, Mumbai’s...