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Articles tagged with: equity

Nvidia Analyst Pleads Guilty To Insider Trading

Former Nvidia financial analyst and 39 year old Sonny Nguyen pleaded guilty today to a criminal charge. Nguyen pleaded guilty to tipping a former Global Research consultant about Nvidia’s quarterly financial results before they were announced to the public. He claimed to have done this both in 2007 and 2008. Nguyen was released on a $100,000 bond but is expected to testify at the trial.

He is among at least 14 people who have been charged in the investigation and pleaded guilty to a charge of conspiracy to commit wire fraud and securities fraud. I suppose Nguyen was looking for a lighter sentence by pleading guilty and spilling the beans. He said,

TechStars Raises $8 Million In Funding

With locations all over the country, TechStars is a “mentorship-driven seed stage investment program.” Each year, they run a three month long program in Boston (MA), Boulder (CO), New York City (NY) and Seattle (WA). TechStars is very selective, hand picking about ten companies out of hundreds for each city. These companies get up to $18,000 in seed funding, three months of intensive top-notch mentorship, and the chance to pitch to angel investors and venture capitalists at the end of the program.

TechStars has comment

Walgreen Buys Drugstore.com For $409 Million In Cash

Walgreens was founded in 1901 by Charles Walgreen Sr. Walgreen purchased the Chicago drugstore where he had worked as a pharmacist. His ambition fueled the start of the drugstore chain and has expanded since. About 100 years later, Walgreens opened it’s 3,000th store. Walgreens was also the first drugstore chain to offer prescription labels in multiple languages, across the nation. Today, you can pick up your prescription in any one of 14 different languages.

The well known drugstore has announced this morning that they will buy the online retailer Drugstore.com for 409 million dollars in cash. Those who previously had stock in Drugstore.com…