In its attempt to revive Sprint Corporation (NYSE:S), Masayoshi Son, Chairman of Sprint, has introduced some exciting low-cost plans for the customers. The latest plan from Sprint will allow customers to avail 20 gigabytes of data with a maximum of 10 lines for a cost of $100. This is another step in the price cutting…
Dollar General Corp. (DG) takes lead on Dollar Tree, Inc (DLTR) with a $9 billion bid for Family Dollar Stores Inc (FDO)
In a series of events associated with Family Dollar Stores Inc (NYSE:FDO)’s acquisition, Dollar General Corp. (NYSE:DG) has entered the bidding war with Dollar Tree, Inc (NASDAQ:DLTR). Dollar General Corp. (NYSE:DG) offered nearly $9 billion for Family Dollar Stores Inc (NYSE:FDO) against $8.5 billion offered by Dollar Tree, Inc (NASDAQ:DLTR) last month. According to the…
Apple Inc. (AAPL), Yahoo! Inc. (YHOO), and Netflix, Inc. (NFLX) – Tech Stocks Have A Good Start To The Week
Monday (August 18, 2014) started on a positive note for the tech industry with majority of stocks gaining momentum. Major tech giants including Apple Inc (NASDAQ:AAPL), Yahoo! Inc (NASDAQ:YHOO), and Netflix, Inc. (NASDAQ:NFLX) carried the trend forward. Some of the major gainers of the day beside these include Hewlett-Packard Company (NYSE:HPQ), Google Inc (NASDAQ:GOOG), Microsoft…
Global ‘Monday Blues’ For Microsoft Corporation (MSFT)’s Azure Owing to Power Outage
August 14th, 2014, augured a case of ‘Monday blues’ for Microsoft Corporation (NASDAQ:MSFT)’s cloud computing service, Azure, when it suffered a power outage lasting about five hours on a global scale as soon as the sun’s rays flooded the Australian sky. Hitches in transmission of services were observed at 1 am EST on Monday wherein…
JetPac to Be a Part of the Growing Google Inc (GOOG) Family
Following in the footsteps of Facebook Inc (NASDAQ:FB) and Apple Inc (NASDAQ:AAPL) in having acquired WhatsApp and Beats respectively, Google Inc (NASDAQ:GOOG) has embarked on its expansion spree, its latest conquest being the acquisition of San Francisco-based JetPac. This is the third inclusion for the tech giant in 2014, after having taken over Titan Aerospace…
David Einhorn Initiated New Positions In Northstar Realty Finance Corp. (NRF), AerCap Holdings N.V. (AER), and Chemtura Corp (CHMT)
Greenlight Capital’s portfolio, managed by David Einhorn, underwent some major changes according to the 13F SEC filing of the firm. The fund introduced stocks like AerCap Holdings N.V. (NYSE:AER), Northstar Realty Finance Corp. (NYSE:NRF), and Chemtura Corp (NYSE:CHMT). As mentioned in the 13F form, David Einhorn’s 13F portfolio registered investments of $7.18 billion as compared…
Cramer’s Favorite Financial Stock Picks in last week: American International Group (AIG) and Washington Prime Group (WPG)
Jim Cramer told Mad Money viewers last week that good things that are quite uncommon in routine life occur daily in the stock market. In the Lighting Round of the show, Cramer listed Washington Prime Group (NYSE:WPG) and American International Group (NYSE:AIG) as his favorite stocks for the week. Washington Prime Group (NYSE:WPG) is a…
Buffett Initiate a new position in Charter Communications, Inc. (CHTR), increase his holdings in Verizon Communications Inc (VZ) and Suncor Energy Inc. (SU)
As per the 13F SEC filing from Berkshire Hathaway, Buffet has introduced Charter Communications, Inc. (NASDAQ:CHTR) in Berkshire’s portfolio with 2,309,013 shares worth $365 million in the second quarter 2014. Berkshire Hathaway even indicated that the company is buying stakes in Charter Communications, Inc. (NASDAQ:CHTR). CHTR currently forms 0.33% of the investment portfolio of Berkshire…
Is It Time To Sell Tesla Motors Inc (TSLA)?
On August 15th, 2014, it was mentioned on CNBC that the current trend might not be what appears to be a future decline in the price as far as Tesla Motors Inc (NASDAQ:TSLA) was concerned. Led by CEO and founder Elon Musk, this company prides itself in manufacturing electric cars and powertrain components. Although consumer reports…
Cramer’s Favorites: Apple Inc. (AAPL), Celgene Corporation (CELG) and Chipotle Mexican Grill, Inc. (CMG)
Jim Cramer, is one of the best financial analysts and investing advisors from ‘The Street’ has repeatedly recommended three companies and that too as recently as within the month gone by. What is it that has brought these companies into limelight? Each one of them is renowned in its niche, courtesy of innovations and good returns…