Pricing values the cloud computing company at nearly $4 billion. Competitors include Oracle and SAP.
Workday, the maker of cloud-based software for human resources, has set the terms of its initial pricing offering, valuing the company at almost $4 billion.
In a filing with the Securities and Exchange Commission, Workday is pricing its IPO at $21 to $24 a share, and is looking to sell 26.1 million Class A shares in the process.
The company will sell 22.75 million shares, with the remaining shares sold by outside investors.
The BlackBerry maker blows past Wall Street's expectations and sees its shares rise in late trades.
Shares of Research In Motion (RIMM) soared in late trades Thursday after the BlackBerry maker posted a much narrower than expected quarterly loss as it grew its subscriber base and increased its cash balance.
The Canadian-based company reported an adjusted loss of $142 million, or 27 cents a share, for its fiscal second quarter ended in August on revenue of $2.87 billion. The performance was well ahead of the average estimate of analysts polled by Thomson Reuters for a loss of 46 cents a share in quarter on revenue of $2.50 billion.
Hewlett-Packard seems to be walking away from 3D printing just as it gets ready to explode.
I would love to believe Hewlett-Packard (HPQ) can become great again. It's a great brand that stands for engineering excellence, white shirts and pocket protectors.
But that HP disappeared when Agilent (A) was spun out in 1999. What was left was a consumer products giant, a rumbling, bumbling, stumbling company trading on its name, growing in size but losing its reason for being.
Research firm IHS has broken down how much Apple collects per iPhone 5. The results are impressive.
If you've ever wanted to know how much money Apple (AAPL) is making on each iPhone you buy, here's your chance.
The iPhone is the most profitable, and ultimately the most popular, product in Apple's portfolio, based on revenue and sales. Even with a sales shortfall, Apple still sold an impressive 26 million iPhones in the third quarter. Research firm IHS has come up with the cost of manufacturing the iPhone 5, and, unsurprisingly, Apple's estimated margins are astounding.
RIM is close to becoming what is known as a 'net/net,' a stock that trades for less than its net current asset value. But it's still not clear whether it's a bargain or a value trap.
Research In Motion (RIMM) is dangerously close to a distinction that few companies achieve.
It's also one that no company would ever desire.
The company that brought us the BlackBerry, a word that is very unpopular in our house because of my propensity to use the device at all hours, is trading very close to its net current asset value.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'