Ford Motor Company (NYSE:F) is known for its high quality automobiles and innovative technology solutions. The company is planning to launch a new hybrid series car with gasoline-electric combination by the end of 2018. The main objective is to build market in the hybrid car segment and to compete with primary rivals including Toyota Prius.…
Carl Icahn Might Push Hertz Global Holdings, Inc. (HTZ) Management For Operational Failures
Carl Icahn, billionaire investor activist, revealed that he possess 8.5 percent shares of Hertz Global Holdings, Inc. (NYSE:HTZ) and might push the company’s management over operational failures and accounting mistakes. According to the most recent SEC filings of Icahn Capital, Carl owns 38.8 million shares of Hertz Global Holdings, Inc. (NYSE:HTZ). As per the current…
McDonald’s Corporation (MCD) Outlets Have Been Shut Down by Russia Amidst Scornful Reactions from Users
Watchdog has shut down four of McDonald’s Corporation (NYSE:MCD) restaurants in Russia. Even though sanitary violations were cited as reasons for this action, according to critics this was an outcome of Russia’s exceedingly tense relationship with the US and a reaction to imposition of sanctions. As per a statement by Raspotrebnadzor Watchdog, these restaurants had been…
AstraZeneca plc (AZN) Acquisition: Hard Nut to Crack for Pfizer Inc. (PFE)
In its efforts to cut elevating tax expenses, Pfizer Inc. (NYSE:PFE) has reinitiated its efforts to takeover the London-based first, AstraZeneca plc (LON:AZN). AstraZeneca plc (LON:AZN) can help in cutting tax rates and offer a new drugs pipeline for Pfizer Inc. (NYSE:PFE). However, the cost of acquiring the London-based firm is rising continuously. According to…
CBS Corporation (CBS)’s Toughened Stand Spells Trouble for Affiliates
CBS Corporation (NYSE:CBS) set an example for its affiliates through tough decision making in the matter of extracting pay-TV charges from them. From the information passed on to investors, it is clear that the broadcaster intends to squeeze revenue of $2 billion which will be inclusive of the charges paid by affiliate stations. To prove…
Bank of America Corp (BAC) Ready to Pay $16.5 Billion To End Mortgage Securities Investigation
Bank of America Corp (NYSE:BAC) is expected to pay $16.5 billion in a record settlement concerning the mortgage bond sales processed during the financial crisis of 2008. Bank of America Corp (NYSE:BAC) has been working with the U.S. Department of Justice to cut out a deal and the bank is planning to pay $9 billion…
NRG Energy Inc (NRG) Claims Its New Plant Is Not Threatening Avian Survival
Proclivity towards renewable sources of energy has led to large-scale harnessing of natural elements and eco-friendly though the concept might appear at first glance, is it truly as green and beneficial as it is meant to be? With more than 300 avian deaths having been reported from state d’art Ivanpah solar project which is operated…
Dollar General Corp. (DG) Doubts the Intention of CEO of Family Dollar Stores, Inc. (FDO) Over Acquisition
In the latest string of Family Dollar Stores, Inc. (NYSE:FDO) acquisition process, Dollar General Corp. (NYSE:DG) has questioned the motives of Howard Levine, CEO of Family Dollar Stores, Inc. (NYSE:FDO). According to Dollar General Corp. (NYSE:DG), Levine is probably motivated by self-interest in Dollar Tree, Inc. (NASDAQ:DLTR)’s acquisition of the company. As mentioned by the…
Hewlett-Packard Company (HPQ) Aims To Focus Towards Businesses With Higher Profit Margins
Hewlett-Packard Company (NYSE:HPQ) released its third quarter results for fiscal 2014 on Wednesday (August 20, 2014). Against the market expectations, The Company reported an increase in its quarterly revenue and posted $27.6 billion for the quarter. The market was expecting a drop in revenue to $27.01 billion considering the revenue of $27.2 billion in the same period…
Target Corporation (TGT) Increasing Sales With Promotions
Target Corporation (NYSE:TGT)’s stocks again become bullish just after the release of the company’s statement on the second quarter 2014 earnings on Wednesday. According to executive vice president and chief financial officer of the company, John Mulligan, “While results from the quarter didn’t meet our expectations, we are seeing some early signs of progress as…