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Nutanix-IPO-093016.jpg Cloud-computing company Nutanix made a stunning debut on Friday on the Nasdaq Stock Market opening 66 percent above its IPO price. NTNX opened at $26.50 on Friday, after pricing its shares at $16 per...
ElliottManagement-MentorGraphics-093016.jpg Hedge fund Elliott Management, controlled by activist investor Paul Singer, has boosted its stake in Mentor Graphics to 8.1 percent. The hedge fund said Mentor is "deeply undervalued" and asked the...
TeslaMusk-093016.jpg Electric car maker Tesla's Chief Elon Musk confirmed that there will be no discount on new cars. Through several tweets and an email addressing its employees, Musk said, "It is absolutely vital that we adhere to the no negotiation and no discount policy that has been true since we first started taking orders 10 years ago."
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