PPM Blog

Applied Materials Inc.’s AMAT fiscal second-quarter profit shrank 41% as the semiconductor-equipment maker’s margins narrowed, though revenue dropped less than expected. For the year, the company now expects results at the high end of its March view, which called for [...]

–Marvell reports better-than-expected 1Q revenue, EPS –Chip maker also initiates a dividend and boosts its stock buyback –Says it’s benefiting from smartphone demand in China (Updates throughout with additional details.) Marvell Technology Group Inc. MRVL reported better-than-expected fiscal first-quarter results, [...]

The business software maker’s quarterly results come in above expectations, and Facebook moves closer to its trading debut as it prices the largest Internet initial public offering on record. Read More

Social network giant pulls trigger on long-awaited IPO, pricing its shares at $38 in a $16 billion deal — the largest debut ever for a technology firm. Read More

HONG KONG (MarketWatch) — Tingyi (Cayman Islands) Holding Corp. (0322.HK) has agreed to set up a meat processing joint venture with Tokyo-listed Prima Meat Packers Ltd. (2281.TO), the Chinese instant noodle and beverage maker said Friday, as it seeks to [...]

SYDNEY -(MarketWatch)- The chief executive of one of Australia’s big four banks on Friday echoed BHP Billiton Ltd.’s (BHP) chairman in calling for more flexible working practices, but said he remains confident in the long-term sustainability of the mining boom. [...]

BEIJING -(MarketWatch)- Tencent Holdings Ltd. 0700.HK said Friday it is planning to restructure its business into six business groups. The company said the groups are: a corporate development group, an interactive entertainment group, a mobile internet group, an online media [...]

SINGAPORE -(MarketWatch)- Singapore Airlines Ltd. (C6L.SG) hasn’t lost its premium pricing power though the carrier will be flexible in adjusting capacity when needed, the Business Times reported Friday, citing the carrier’s chief executive, Goh Choon Phong. Read More

It’s a high-profile day for retailers as investors digest the corporate headlines for early Wednesday. Read More

A public offering of 8.44 million Angie’s List Inc. ANGI shares priced at a 1.1% discount to its Tuesday closing price. The online review site will offer 703,235 shares priced at $13, while stockholders will offer the remainder. Angie’s List [...]