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Citrix Systems

Cloud Computing? Relates To Weather, Citrix Survey Finds

Americans have no idea what cloud computing is, with many believing it relates to the weather, or even pillows, drugs and toilet paper, a new survey commissioned by enterprise software developer Citrix Systems Inc. (Nasdaq: CTXS) found.
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Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Stocks Fall On Spanish Concerns

European markets fell Thursday as investor sentiment was weighed down by concerns of economic and financial instability in Spain worsening the euro zone economy.
Nikkei Stock Exchange

Asian Markets Fall On Weak Japan, South Korea Data

Asian markets fell Thursday as investors' concerns about the weakening global economy was revived by the declining Japanese retail sales and disappointing South Korean manufacturers' confidence data.
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Asian Shares Ease, Euro Steady Ahead Of Bernanke Speech

Asian shares eased and major currencies stayed range-bound Thursday as investors avoided betting on direction before a speech by U.S. Federal Reserve Chairman Ben Bernanke, with focus on whether there will be any hint about further U.S. stimulus.
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Citigroup Settles Shareholder CDO Suit For $590 Million

Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis.
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Zynga Regains Facebook Prominence Amid Continuing Departures

Three weeks after Zynga launched its latest sim-style game "ChefVille" on Facebook -- the social media platform that Zynga itself blamed for most of its current financial woes -- the game developer is slowly crawling its way back to the top of the social gaming food chain, new data shows.
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Yelp Shares Soar 25% As Lockup Expires Contra Facebook’s Huge Decline

Shares of Yelp Inc. (Nasdaq: YELP), the provider of online reviews of local businesses and restaurants, surged more than 25 percent Wednesday as the lock-up period for insiders expired, allowing them to sell stock in the San Francisco-based company for the first time since its march 1 initial public offering.
Illinois

The Top 5 Most Indebted States In The US

America's 50 state governments owe a total of $4.19 trillion, including outstanding bonds, unfunded pension commitments and budget gaps. Here's a look at the top five states with the heaviest debt burdens in the country.
Apple iPhone 5 Event May Introduce AirPlay Direct To iOS Family

Apple iPhone 5 Event May Introduce AirPlay Direct To iOS Family

A new report on Tuesday said Apple is planning to upgrade its wireless music streaming technology known as AirPlay in the coming month. Word is the announcement will come when the company debuts the new iPhone. The new technology, using the working title "AirPlay Direct," is said to eliminate the need for a Wi-Fi network, which means that iOS devices like iPhones, iPads, and iPod Touchs may be able to beam music directly to a speaker system.
US GDP

US 2Q GDP Revised Up To 1.7%, Stock Futures Point To Slight Gains

The U.S. economy expanded slightly faster than initially thought in the second quarter, but the pace of growth is still too slow to create enough jobs and drive down the unemployment. Economists are forecasting even slower growth in the second half of 2012, which will probably keep expectations of additional monetary stimulus from the Federal Reserve intact.
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KKR May Invest More Than $1B In Japan’s Renesas Electronics

Legendary private equity investor Kohlberg Kravis Roberts (NYSE: KKR) may seek to acquire control of Japan’s Renesas Electronics (Tokyo: 6723) for a 100 million yen (US $1.27 billion) investment, which would be its largest in Japan, financial news agencies reported.
Shari Arison

Shari Arison: The Wealthiest Woman In The Middle East

Shari Arison is the most powerful woman in Israel and the Middle East, and has a net worth of $3.9 billion to boot. But despite her numerous non-profit organizations and 25% stake in Israel's largest bank, Arison says she doesn't consider herself "a powerful person."
Boeing Airbus

Boeing, Airbus Battleground Shifts To Asia-Pacific

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.

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