Author Archives: Editor

Dress-Rand Group Inc. (DRC) To Receive A Record Bid From Siemens AG (SIE)

August 10, 2014 on by

After a continuous struggle and attempts to acquire Dresser-Rand Group Inc. (NYSE:DRC) for the last three years, Siemens AG (ADR) (OTCMKTS:SIEGY) might have to offer a record bid for the company. Siemens is ready to pay up to $80 for every share of the company, which will put market cap of Dresser-Rand Group Inc. (NYSE:DRC) at…

Amazon.Com, Inc (AMZN) Employs the Same Tactic for Pre-Orders of The Walt Disney Company (DIS), Time Warner Inc (TWX) and Hachette

August 10, 2014 on , by

According to Home Media Magazine, a weekly home entertainment business publication, reportedly as a negotiation tactic, Amazon.com, Inc. (NASDAQ:AMZN) blocked the pre-order option for The Walt Disney Company (NYSE:DIS)’s most major disc releases including Muppets Most Wanted (Aug. 12), Captain America: The Winter Soldier (Sept. 9), Million Dollar Arm (Oct. 7) and Maleficent (Nov. 4).…

Amazon.com, Inc. (AMZN) and Hachette War of Words Seeks Mass Involvement

August 10, 2014 on , by

For authors and book lovers all over the world, the news pertaining to the on-going dispute between a publishing company Hachette and the global online retailer Amazon.com, Inc. (NASDAQ:AMZN) might have been surprising. However, it might as well be revealed that this is not the beginning of the dispute but a culmination of stand-off between…

General Motors Co. (GM) to appeal for the rejection of Georgia Switch Suit Revival

August 9, 2014 on by

General Motors Company (NYSE:GM) is all set to appeal for the rejection of Georgia Switch Suit, a law suit that triggered recall of over 2.59 million cars because of faulty ignition switches. According to the appealing party, Brooke Melton’s (died in Chevy Cobalt Car Crash in 2010) parents, General Motors Company (NYSE:GM) concealed critical defects…

Exxon Mobil Corporation (XOM) Started Drilling in Russia’s Arctic with Rosneft

August 9, 2014 on by

Exxon Mobil Corporation (NYSE:XOM) started drilling in Russia’s Arctic with its Russian partner Rosneft on Saturday. The Russian President, Vladimir Putin, has appreciated the move and considered it as an excellent example of cooperation. According to Vladimir Putin, “Today, commercial success is driven by efficient international cooperation. Businesses, including Russian and foreign companies, perfectly realize…

Cobalt International (CIE), Lumber Liquidators (LL) and Ocwen (OCN) Are Trading Near To Their 52-Week Lows

August 9, 2014 on by

Cobalt International Energy, Inc. (NYSE:CIE) reported a loss in its second quarter financials and the company’s shares lost 2.5 percent on Thursday and fell down to its 52-week low of $13.54. Cobalt International Energy, Inc. (NYSE:CIE) reported a loss of $95 million for the second quarter of 2014 ($0.23 per share) which is slightly higher than…

Big Week Ahead – Macy’s Inc. (M), Prudential Plc (PRU), Wal-Mart Stores Inc. (WMT), Cisco Systems (CSCO), and Tata Motors Ltd. (TTMT) Releasing Their Quarterly Earnings For 2014

August 9, 2014 on by

The next week is going to be important one with major companies including Cisco Systems, Inc. (NASDAQ:CSCO), Macy’s, Inc. (NYSE:M), Prudential Plc (LON: PRU), Wal-Mart Stores, Inc. (NYSE:WMT) and Tata Motors Limited (ADR) (NYSE:TTM) announcing their earnings for this quarter of 2014. Cisco Systems, Inc. (NASDAQ:CSCO) has announced the date for releasing its fourth quarter…

Nvidia Corp (NVDA), Monster Beverage Corp (MNST) and Gap Inc (GPS) Are Rising With The Latest Global Geopolitical Developments

August 9, 2014 on by

  NVIDIA Corporation (NASDAQ:NVDA), Beverage Corp (NASDAQ:MNST) and The Gap Inc. (NYSE:GPS) were the companies which closed the week with the significant gains. Dow Jones having bottomed out the previous day since April this year, American stocks opened on a rising on Friday in previous week, much to the relief of investors across the nation…

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