Shares | featured news

Many retailers are enjoying a Thanksgiving shopping spree lift from investors, but not Groupon. Its shares closed today down nine percent, settling at $15.24 after bouncing off a new low of $14.85. That’s less than half the $31.14 that some investors paid at the stock’s high point, just after it went public in early November. More recently, it has been trading in the low to mid-$20s.

Apple's board awarded new CEO Tim Cook 1 million shares of stock -- provided he stays with the company throgh 2021.

Softbank said it will pocket a handsome profit by repaying a $1.135 billion loan from Citibank with most of its 4% stake in Yahoo.

Investors Thursday had a muted reaction to news that Steve Jobs has resigned as chief executive of Apple, sending the high-flying shares down less than 2 percent.

Several European countries that banned short-selling have extended the prohibition until the end of September. When concerns about European banks’ exposure to Greek debt sent their stocks plummeting two weeks ago, market regulators in Belgium, France, Greece, Italy and Spain stepped in to prohibit traders from betting on the decline in a share’s price.

Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to a record high and boosting Asian stocks.

Google recently announced its Q2 2011 earnings on July 14, 2011. [1] For the quarter, total advertising revenues surged by about 33% over Q2 2010 values driven by increased paid clicks as well as higher cost-per-click rates over the same quarter last year.

Morgan Stanley analysts downgraded Google Inc shares to "equal-weight" from "overweight" on Friday, citing an expected decline in margins in this year and the next.

Research in Motion announced last week that cost cutting efforts will include layoffs following a sluggish start to the year and continued new product delays. Shares sold off sharply as investors bailed on lowered guidance and delayed new Blackberry launch.

Apple receives vote of confidence as analysts raise their price target for the company's shares a day after it unveils record profits and revenues.