NTT DoCoMo will cancel 140,000 shares (0.32 %) of issued shares.
The treasury stock will be cancelled on March 31 and the number of issued shares after cancellation will be 43.65 million.
On 03.28.11, In Mobile, By Editor
On 03.28.11, In Mobile, By Editor
Oracle Corp. shares rose more than 2% after it reported better-than-expected earnings in the last three months of the year. The company reported a 37% jump in revenues to $8.8bn, with a net income rising 78%.
Oracle also set out a forecast for the current quarter ahead of most estimates and raised its dividend payment to shareholders by 20%. New software license sales jumped 29% to $2.2 billion in the third quarter.
Oracle made net income for the quarter of $2.1bn posting an increase compared to last year ($1.2bn).
Last year, Oracle diversified into server hardware with the purchase of Sun Microsystems.
On 03.21.11, In Mobile, By Editor
Vodafone shares jumped in value on the London stock exchange following the announcement of AT&T buying T-Mobile USA for US$39 billion.
Analysts expect that the move will reduce the ability for Verizon Wireless to acquire Sprint Nextel due to anti-trust pressures, although it may be able to pick up some radio spectrum if the US regulators demand disposals as a condition of the T-Mobile sale.
The move also reduces the risk that Vodafone would attempt another expensive foray into the USA on its own, such as its aborted attempt to buy AT&T back in 2004.
As per the analysts, T-Mobile USA deal turns the U.S. market into a de facto duopoly, between AT&T and Verizon.
Vodafone shared climbed as much as 5.3 percent in early trading. Deutsche Telekom also saw its shares in Germany jump by 13% on the news of the sale of its US subsidiary.
On 09.24.10, In Mobile, By Editor
Nawras, the Sultanate of Oman’s customer-friendly communications provider, has announced its initial public offering (IPO) is now open for subscription. The IPO of 40% of Nawras’ total share capital is open to Omani and non-Omani individuals and institutional investors and will close for subscription on 14 October 2010.
According to Ross Cormack, the Chief Executive Officer of Nawras, this is the moment when the customers and investors across the Sultanate and internationally will have the opportunity to share in the company’s future through participation in IPO. The company focuses on improving communication in Oman for the past five years has seen successful growth by offering fixed line and broadband services. Now is the right time for the company to welcome new investors to participate in this true Omani success story.
There are two categories of potential investors who can apply. Category one investors will initially subscribe at the top of the price range at 902 baisas for a 100 baisa share. Any refunds will depend on the final pricing and the final allocation of shares to investors. 70% of the offering is open to retail investors and 30% is open to category two or institutional investors who will participate in the book-building process. Category I investors can apply for a minimum of 500 shares in multiples of 100 up to a maximum of 500,000 shares and Category II investors can apply for a minimum of 500,100 shares up to a maximum of 26,037,700 shares, or 10% of the Offer.
According to Nawas the Offer will close on October 14, 2010. Thereafter, the final share price will be determined on the basis of the book-building process and is expected to be announced on October 24. All investors will be allotted shares at the final share price which may be lower than the subscription price for Category I investors. In the event of over-subscription, shares will be allocated on a proportional basis.
All investors will be allotted shares at the final share price which may be lower than the subscription price for category one investors. Nawras shares are expected to be listed on the Muscat Securities Market (MSM) on October 27.
On 06.15.06, In Mobile, By Editor
What kind of cellphone do you use? If you’re in the majority, it’s a Motorola handset. Motorola now has — by far — the largest share of the handset market in the U.S. and appears to be making a global run at Nokia to try and regain the top global spot for the first time in a decade. The jury is still out on whether Motorola can do this, but if the ultra-popular RAZR phenomenon continues — and it does almost two years after release — then Motorola will continue to make headway. It’s rare that a single product carries a company like this, but just like Apple’s iPod, Motorola’s RAZR re-defined the category.
But it does not stop there. According to Forrester Research, Motorola is one of the top trusted brands in the wireless market, which includes hardware manufacturers and wireless carriers alike, from Motorola and Samsung to Sprint Nextel and Cingular Wireless. Samsung and Sprint Nextel rank among the least-trusted brands in the U.S., while Motorola and Verizon Wireless coming in at most-trusted levels, with Cingular Wireless and T-Mobile also pulling the same score. Just slightly off was Sprint Nextel, but that slightness was enough for a “least trusted” rating.
How about wireless handset manufacturers? In what I consider more perception than actual reality, handset makers Palm scored 4.3 and a B+ overall, while Motorola — maker of the RAZR and other popular offshoot handsets, scored 4.2, for an overall grade of B. LG Electronics and Samsung fared the worst, both scoring 4.0, for overall grades of C- and D-, respectively. The “aura” around the Treo line of smartphones and the RAZR line of phones is probably due to the enormous loyalty customers have to both brands when such a subjective topic of “trust” comes along.
Samsung and LG and other makers have wireless handsets that topple the Motorola RAZR and other phones in terms of features and ease-of-use, but the sheer popularity and loyalty Motorola users have cannot be underestimated. If you create the market — like the RAZR did for slim phones and the Treo did for on-the-go productivity — then customers will always have “trust”. MOT shares seem happy these days as a result.
Source- http://www.bloggingstocks.com
Technorati : LG, Motorola, Samsung, USA, Verizon Wireless, operator