Nokia INCREASES Sr. Employee Stock Options and 4 Heavily Traded Shares Trending Now
Sprint Nextel Corporation (NYSE:S) announced today that it intends to deliver Microsoft Office 365 to small and mid-sized businesses during the year. The combination of the power of Sprint’s network with Microsoft’s cloud-based productivity and collaboration solutions should offer new ways to enhance productivity, lower costs, and collaborate with customers and partners to organizations while also expanding the cloud-based communication tools to mobile workforces.
Nokia Corporation (NYSE:NOK) raised the maximum amount of stock options the company is allowed to hand out to particular senior-level employees as an attempt to retain key talent, according to the Wall Street Journal.
Facebook Inc (NASDAQ:FB): Soon, those who have not changed to Timeline will be forced to. Facebook stated that all of its 955 million users will be changed to the new profile layout before the end of the year. Facebook started to implement Timeline in January, and took time to slowly allow the majority of users transfer to the new feature on their own while they have forced others to make the switch too, and now the company has stated that the migration will be completed during the fall.
Bank of America Corp (NYSE:BAC), along with Barclays Plc (NYSE:BCS) and Credit Suisse Group AG (NYSE:CS), was among the banks sued by an investor in regards to alleged manipulation of the Libor benchmark interest rate. The investor, 33-35 Green Pond Road Associates LLC, purchased an interest rate swap with a floating rate tied to the U.S.- dollar Libor, according to a complaint filed today in federal court in Manhattan. Green Pond Road is attempting to represent a class of investors which bought U.S. dollar Libor-based derivatives beginning on Aug. 1, 2007.
Micron Technology, Inc. (NASDAQ:MU) shares ended their four day gaining streak yesterday, and now the company is on its way toward a monthly decline. The company possesses a number of key brands such as Crucual, Solid State Drives (NYSE:SSD), selling Solid State Cache (SSC), and system memory to several consumers and companies, Crucial is one of the leading brands. Until recently, the only products Crucial placed for sale were their own branded products, which are powered by Micron’s memory chips and controllers.
Don’t Miss: HTC Trims COMPLAINTS Against Apple.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.