Professional networking behemoth LinkedIn Corp ( LNKD ) is set to raise $1.2 billion by selling 5.4 million of its common shares at a price of $233.0 per share. The secondary offering is expected to close on
Zacks Investment Research upgraded Micron Technology ( MU ) to a Zacks Rank #1 (Strong Buy) on Sep 3, post its impressive third quarter results and the Elpida acquisition. Why the Upgrade?
PC vendors are in for a tough time ahead as the latest IDC report revealed that PC shipments are expected to decline 9.7% in 2013. The current annual projection worsened from the research firm’s earlier forecasts of