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Salix shareholders lose $3B in stock plunge
2014-11-08 02:53:04| Biotech - Topix.net
Salix Pharmaceuticals lost nearly $3 billion in market value overnight, as it reported operating losses; questions about inventory reporting led to an audit and now a shareholder lawsuit. CEO Carolyn Logan saw the market value of her personal shares drop from $147 million on Thursday to $95 million.
Tags: stock
lose
shareholders
plunge
Windows 8 finally comes of age as XPs market share (possibly) takes precipitous plunge
2014-11-03 14:37:02| Extremetech
Out of nowhere, it seems Windows 8 has finally come of age, with a huge bump of 4.5% in the global desktop operating system market share. This gain seems to have come at the expense of Windows XP, which, following its official retirement in April, finally registered its first big loss of market share (6.7%). In case you were wondering, this means Windows 8/8.1 is now officially more successful than Vista, which is usually the yardstick for bad or failed Windows OSes.
Tags: age
share
market
windows
Markets Live: Woolies shares plunge
2014-11-03 13:01:46| Grocery - Topix.net
Shares struggle early as miners slide on weak Chinese data and Woolworths' update disappoints, while banks climb after Westpac posts the latest boom result. More on acquisition-hungry Amcom , with chief executive Clive Stein says merger talks with Vocus Communications to create a $1.1 billion telco could culminate within a week .
Tags: live
markets
shares
plunge
Woolies plunge hurts market
2014-11-03 08:55:59| Grocery - Topix.net
Woolworths dropped 4.9 per cent to $34.24 after the retailer showed September quarter sales rose by just 3 per cent. Photo: Glenn Hunt Another record profit from Australia's second-largest bank and more monetary easing by the Bank of Japan were not enough to buoy the local sharemarket, as Woolworths disappointed investors with its worst quarterly sales update in more than four years.
Tags: market
hurts
plunge
woolies
Gasoline at a price under $3! What to know as gas prices plunge
2014-11-03 07:15:33| Oil & Gas - Topix.net
A display sign indicates gas prices well below $3 per gallon at the Safeway fuel station east of Port Angeles on Friday. NEW YORK - Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.
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