Chevron Corporation (NYSE: CVX) reported that it is pulling staff out of North Iraq as the Islamic State militants are pushing hard towards the capital. According to Chevron Corp, it has extracted expatriate staff from the location because of safety concerns. Not only Chevron but also all the major oil producers are ready to evacuate…
Apple Inc. (AAPL) and Samsung Shake Hands Beyond American Shores
Apple (NASDAQ:AAPL) and Samsung decided to shake hands and effectively put an end to lawsuits filed against each other in countries beyond the shores of America which they had been fighting over since 2011. The agreement covers the countries including Germany, Netherlands, France, Italy and UK in Europe, Japan and South Korea in Asia and…
AMC Networks Inc (AMCX) Boost Its Revenue With The Acquisition
AMC Networks Inc (NASDAQ: AMCX) claimed that the company increased its revenue in the second quarter of 2014 because of the acquisition of Chellomedia earlier this year. According to the second quarter results, the company generated revenue of $522 million, which is 37.6% higher than the revenue for the same quarter of the last year.…
Apple Inc. (AAPL), Exxon Mobil Corporation (XOM): Swiss National Bank Sours on These Stocks
According to a U.S. Regulatory filing, the Swiss National Bank (SWX: SNBN) has trimmed down its investment in Apple Inc. (NASDAQ:AAPL), Johnson & Johnson (NYSE:JNJ), and Exxon Mobil Corporation (NYSE:XOM) in the second quarter of 2014. Some important points of this filing include: SNB cuts down its Apple Inc. (NASDAQ:AAPL) shares by 0.3% on June 30 as…