The most valued company in the world seems to have lost its bling-bling, Steve Jobs. Naturally, its stocks took the damage and fell by 5%. After closing at $376.18, Apple stock has fallen 5 percent to $357.02 as of 7:59ET, according to NASDAQ on Aug 24th. Today though it seems flat without much change. Steve Jobs resigned as Apple’s CEO ... Read More »
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Blockbuster files for bankruptcy
Blockbuster one of the biggest DVD and games rental company has gone bust in US. They seems they cannot handle any more loses and finally filed for bankruptcy. The Dallas, Texas-based company said it had made the decision as part of attempts to cut its debts and restructure the business. Agreements with its creditors will allow it to cut its ... Read More »