Nokia Palm Takeover Influences Stocks Value

Remember the September rumour regarding Nokia’s intention of buying out Palm? Now , the story is back again, making Palm’s stock climb over 8% on Friday, after the latest speculations went public. While neither company is willing to comment on the rumour, we remind you that Nokia is very busy with making Symbian survive and look cool, while... 

Palm Sells Shares, Tons of Them

Fresh after finding out rumours about Nokia’s possible Palm buyout, the Pre maker’s stocks jumped, but another reason for that might be their decent financial results coupled with the good sales, due to the Pre model. Following these market changes, Palm started selling 20,000,000 stock shares, at $16.25 a piece. As a result of this transaction,... 

Sprint, Ready to Acquire Virgin Mobile USA

Sprint Nextel Corp. has just announced that it plans on buying Virgin Mobile USA for about $483 million. This deal will open the low end prepaid market to Sprint, who already owns 13.1% of Virgin Mobile. Palm Pre’s exclusive carrier also plans on paying Virgin Mobile’s debt, estimated at $205 million by September 30 and all of these positive... 

Orange to Acquire T-Mobile UK?

Rumours are floating around, claiming that Orange might be trying to attempt a T-Mobile UK buyout. This takeover theory surfaced in the moment when Orange started a series of talks with Deutsche Telekom over their UK network. Orange didn’t confirm this info just yet, at least not officially and their representatives claim that the company is... 

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