Talk about "pop." The Morrisville-based provider of ecommerce services went public today on the NYSE, setting a price of $14 per share on 5.75 million shares. Shares opened at $17.60 and quickly rose more than 30 percent.
The Morrisville-based provider of ecommerce services anticipates going public today on the NYSE, setting a price of $14 per share on 5.75 million shares.
Since 2000, Jim Roberts has been involved in technology startups. He launched entrepreneur bootcamps in Charlotte in 2000, started the entrepreneurial council and angel investor network in Asheville and has worked for NC Department of Commerce and Center of Innovation for NanoBiotechnology.
New Bull City series, Day Four: Alongside all of the many startup technology success stories in Durham over the past two decades, some notable failures have occurred as well. From telecommunications and wireless to app development and videogames, WRALTechWire reviews some of the disappointments - and the lessons learned.
New Bull City, Day Four: Matthew Davis is in the early stages of a new career as director of product marketing at Raleigh-based apps developer StepLeader. But in September 2011, he and a partner launched their own company, GetZeek, through which they hoped to capitalize on mobile coupons. The business failed, and Davis has chosen to share his story of what he calls "the underbelly" of business startups.
"Somebody over there is doing something right," an analyst in Hong Kong tells Bloomberg news. For its full fiscal year ending March 31, Lenovo's profit rose 34 percent to $635 million on a 15 percent rise in sales to a record $34 billion.
Morrisville-based Overture, a provider of technology and services for Ethernet-based broadband worldwide, is adding new offices after securing new equity financing.
Quintiles and the Duke Clinical Research Institute are very different providers of clinical trial services but pharma executives give both high marks. Learn what makes them stand out.
Analysis: Technology Business Research believes NetApp's decision to eliminate approximately 7 percent of its employee base, or 900 employees, indicates that the company is working with great urgency to correct its slipping operating margin.