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Workday stock plunges most since 2012 as oracle competition grows
2015-05-28 02:40:29| IT Services - Topix.net
Workday, the cloud-based software provider facing competition from Oracle, dropped the most since the company went public in October 2012 after forecasting a slowdown in billings growth. Billings expansion decelerated to 30 percent in the fiscal first quarter, after growing 72 percent on a year-over-year basis last quarter.
Tags: stock
competition
oracle
grows
Stock Indexes Rebound Strongly; Microsoft, Intel Lead Blue Chips
2015-05-28 00:23:41| Agriculture - Topix.net
The Nasdaq jumped 1.5%, while the S&P 500 and the Dow Jones industrial average skipped higher to the tune of 0.9% and 0.7% respectively. The small-cap Russell 2000 gained 1.1%.
Tags: stock
blue
lead
microsoft
Broadcom stock rises on news of possible purchase by Avago
2015-05-27 23:21:49| Chemicals - Topix.net
Shares of Irvine-based Broadcom rose almost 22 percent on Wednesday to $57.15 a share after reports that the Irvine-based chip company was in talks to be bought by peer Avago Technologies. A purchase by Avago would be the latest in a round of consolidation in the $300 billion industry as the rising costs of production and design push chipmakers to combine.
Tags: news
stock
purchase
rises
Avago Technologies Breaks Out As Stock Market Rebound Holds
2015-05-27 22:34:01| Semiconductors - Topix.net
Meanwhile, a few breakouts gained traction. The S&P 500, which took a 1% dive on Wednesday, rallied 0.9%.
Tags: market
stock
technologies
holds
Broadcom (BRCM) Stock Spikes on Advanced Avago Technologies Merger Talks
2015-05-27 21:33:32| Semiconductors - Topix.net
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stock
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