Deutsche Post + Deutsche Bahn = De Big Bucks!

Filed under Finance headlines 1 year ago

The German coalition government has agreed to sell up to 49 percent of state-owned rail and logistics giant Deutsche Bahn.Deutsche Bahn is the parent company of Schenker and BAX Global. The sale comes after agreeing not to include any of the track in the spin-off, Bloomberg reported.......

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Symantec Pulls Back On Earnings Reins

Filed under Finance headlines 1 year ago

Security software vendor Symantec trimmed back its revenues forecast for fiscal 2007 yesterday after changing its revenue-recognition model.Wednesday's meeting with analysts was the first in over two years, says the Street.com.Instead of the original full-year revenue expectation of $5.3 billion......

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NetGuru Inc Ready To Delist

Filed under Finance headlines 1 year ago

The engineering software and services company thinks it may be time to shut down its listing on Nasdaq and find a buyer or partner for the firm.Trading at 32 cents at press time, netGuru (NGRU said in a statement it has a cash position of about $3.3 million. Only $800,000 of that is available as......

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Omniture Files For IPO, Goes Quiet

Filed under Finance headlines 1 year ago

The web analytics company submitted form S-1 to the Securities and Exchange Commission in early April announcing their intent to go public.Omniture could raise $120 million from the IPO, according to documents they have submitted to the SEC. The number of shares and price range has not been......

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Cuban Thinks About Selling IceRocket

Filed under Finance headlines 1 year ago

Think Partnership will acquire the blog search engine IceRocket from billionaire NBA owner Mark Cuban.Cuban and IceRocket CEO Blake Rhodes co-own the blog search site, and have announced a letter of intent from Think Partnership (THK), a Northbrook, IL-based technology solutions provider, to acquire......

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