market value

Latest figures revealed that Apple overtook Microsoft as the worlds largest tech company based on market value. On Wednesday Apple emerged ahead with a market value of about $222 billion, compared with Microsoft's $219 billion.

Apple shares closed down 0.4 percent at $244.11 on Nasdaq, while Microsoft fell 4 percent to a seven-month low of $25.01.

First Regional Bancorp has reported it was contacted by the Nasdaq Stock Market, on December 23, 2009, regarding its listing status because the market value of the publicly held shares of the company’s common stock was below $5 million for 30 consecutive business days and the company was therefore not in compliance with Nasdaq Marketplace Rule5450(b)(1)(C). The notification has no effect on the listing of the company’s common stock at this time. 

 An Internet based investment project company CSM Finance reported that Ocean Power Technologies, Inc. released seven breaking news that say CSM traders got four blocks of OPTT shares with a total market value amounting to $762,289.00.

All of these shares have been out by 4PM EST 14 October 2009. Total gain from the trading thus made up $301,429.00.

On it official website CSM noted: “CSM team had no mistakes and losses for over 6 months.”

Equity Bank Ltd., Kenya’s second- biggest bank by market value and its biggest provider of small loans, wants to buy all of state-controlled National Bank of Kenya Ltd. James Mwangi, the lender’s chief executive officer, confirmed today that Equity Bank is interested in Kenya government’s stake in National Bank, which is being sold now, and it would prefer acquiring it 100 percent.