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AU$268 million for Campaign Monitor's product drive

Australian online email marketing firm is planning a host of new product launches over the next year after it received a record-breaking AU$268 million investment from US venture capital firm, Insight Venture Partners.

April 21, 2014

Taiwan: Foxconn overpaying for Sharp stake

Taiwan's economic affairs ministry returns application by Hon Hai, also known by trading name Foxconn, to buy stake in Sharp, citing insufficient detail on investment efficiency of deal it considers "a little pricey".

August 9, 2012 by

New pump and dump scheme

The Investment Dealer's Association of Canada is warning investors that their online trading accounts are being compromised.  The attackers sell off the account holder's stocks and then invest in penny stocks.

August 31, 2006 by

Symantec gains entry to S&P 500

Investment adviser Standard & Poor's announced late Monday that Internet security company Symantec will be added to the S&P 500 Index after the close of trading on Friday. Symantec's stock climbed more than 4 percent by early afternoon on Tuesday, with nearly three times the normal volume of shares trading hands.

March 25, 2003 by

E*Trade zooms into auto loans

E*Trade Financial is now offering automobile loans through its Web site, the online financial services company announced on Tuesday. The Menlo Park, Calif.-based company is offering loans for new and used cars directly to consumers and is also offering to refinance existing car loans. The company bought Lendnetwork.com, which specializes in offering automobile loans, to jump-start its car lending, E*Trade said in a statement. E*Trade did not say when it bought Lendnetwork.com or what it paid for the company. E*Trade and Lendnetwork.com representatives did not return calls seeking comment. Unlike rival Ameritrade, which has focused on online stock trading, E*Trade has been steadily moving away from its core brokerage business. In the last year, the company began offering customers investment and planning advice, bought market maker Dempsey, and opened an online mortgage service. --Troy Wolverton, Special to ZDNet News

April 17, 2002 by

Questions cloud Nortel CFO's resignation

Telecommunications equipment maker Nortel Networks announced the resignation of Terry Hungle, its recently appointed chief financial officer, amid questions surrounding the timing of some personal investment transactions. Former Nortel CFO and current Chief Executive Frank Dunn will assume Hungle's duties until a new CFO can be found, the company said. The networking gear maker said in a statement that it notified the U.S. Securities and Exchange Commission and the Ontario Securities Commission of the circumstances surrounding certain personal investment transactions carried out in 2001 by Hungle in Nortel's U.S. Long-Term Investment (401k) Plan. These transactions occurred outside the trading windows imposed by Nortel upon certain employees, including Hungle, and prior to news releases issued by the company on March 27, 2001 and Dec. 21, 2001, Nortel said in a statement. The departure of Nortel's CFO could not come at a worse time for the company, which can ill-afford the perception that its financial house is not in order. Nortel has been hit hard by an industrywide downturn in spending on the telecom equipment the company specializes in. In addition, potential customers for Nortel's equipment are now under accounting scrutiny, such as Global Crossing and Quest Communications International, feeding industrywide concern about the health of company accounting. --Ben Heskett, Special to ZDNet News

February 11, 2002 by

Expert: Schwab site flawed, customer risk low

A security expert who exposed a vulnerability on E*Trade's online investing site in September says he's discovered a similar problem at Charles Schwab's online investment site. Jeffrey Baker says a computer attacker could wrest control of a Schwab customer's online trading account.

December 6, 2000 by

SEC to release online brokerage report

The Securities and Exchange Commission will soon release a report about online trading and the suitability of investment advice that comes from Internet brokerages compared to advice from traditional firms.The growing number of investors shunning human brokers to trade on their own through the Internet has raised questions about the suitability rule and how it applies to online brokerages, said SEC Commissioner Laura Unger, who is preparing the report.

October 31, 1999 by

AMD melting under price war - analyst

Advanced Micro Devices' withdrawal from two investment conferences may indicate the chipmaker is wilting under a price war from Intel, according to Piper Jaffray analyst Ashok Kumar.In early trading Thursday, AMD shares were down 3 3/16 to 17 3/4, or 15 percent.

February 4, 1999 by

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