Bill Ackman is going to have one of his profitable years since 2009, courtesy to Burger King Worldwide Inc (NYSE:BKW) and Herbalife Ltd. (NYSE:HLF). Much can be attributed to the presentation Ackman gave in July under which he tried to expose a fraud in the structure of Herbalife Ltd. (NYSE:HLF). Despite of the failed presentation,…
Amazon.com Inc (AMZN)’s Latest Scoop Twitch Touted as Being an Important Milestone
When Julia Boorstin reported on CNBC that Amazon.com Inc (NASDAQ:AMZN) had scooped up Twitch, a global gaming platform, as a part of its growing family, much of the business community reported as being surprised. This was due to the fact that an announcement had been made in the month of May this year pertaining to…
Google Inc (GOOGL), Microsoft Corporation (MSFT) and Apple Inc (AAPL) Facing New Rival in China
It seems like all the major technology companies are facing a new threat in China. China has prepared a domestic operating system for its users, which is likely to replace Windows and Android in upcoming months. As mentioned by the Xinhua News Agency in China, China is working hard to release its domestic OS by…
Transocean LTD (RIG) and CVR Energy, Inc. (CVI) – Carl Icahn’s High Dividend Stock Picks
The latest SEC 13F filing of Icahn Capital LP, managed by Carl Icahn, for the second quarter 2014 highlighted minimum changes in his portfolio except that of Apple Inc (NASDAQ:AAPL) which comprises 12.72% of his portfolio. Among the stocks with highest dividends, Transocean LTD (NYSE:RIG) and CVR Energy, Inc. (NYSE:CVI) top the list. (You can…
Facebook Inc (FB) Embarks On an Anti-Clickbait Campaign
World’s most popular social networking platform Facebook Inc (NASDAQ:FB) surprised everyone by adopting a strong stance against ‘Clickbait’, a strategy often employed by marketing entities to ensure that their posts are read by maximum number of users. The intention underlying this action is explained as an attempt to weed out news feeds that may not…
Amazon.com, Inc. (AMZN) Is Planning To Compete With Google Inc (GOOGL) In The Online Advertising Realm
Amazon.com, Inc. (NASDAQ:AMZN) is all set to challenge Google Inc (NASDAQ:GOOGL) for its online advertising business. The company is working on its in-house software for placing ads online and it is supposedly considered as an alternative to the Google Adwords platform. Amazon.com, Inc. (NASDAQ:AMZN) is banking on the data offered by millions of web shoppers…
Kite Pharma Inc (KITE) Shares Skyrocket after Positive Results for Non-Hodgkin’s Lymphoma Drug
In a series of medical advancements, Kite Pharma Inc (NASDAQ:KITE) announced positive results for its anti-CD19 treatment used against aggressive non-Hodgkin’s lymphoma. Following the news, the shares of the company have skyrocketed in after-hours trading with 30% increase in its prices. According to a press release issued by Kite Pharma Inc (NASDAQ:KITE) on August 25, 2014,…
Warren Buffett’s High Dividend Stock Picks – Verizon (VZ), Kraft Foods (KRFT) and General Motors (GM)
According to the recent 13F filing of Berkshire Hathaway, Warren Buffett had $107.6 billion invested in 46 different stocks at of the end of second quarter. Verizon Communications Inc. (NYSE:VZ), Kraft Foods Group Inc (NASDAQ:KRFT) and General Motors Company (NYSE:GM) are the stocks with the highest dividend yield in Warren Buffett’s 13F portfolio. (You can…
ALCOA INC (AA) INCREASING COMPETITIVENESS BY ELIMINATING INEFFICIENT PLANTS
According to an official statement of Alcoa Inc (NYSE:AA) dated August 25, 2014, the company is planning to shut down one of its large aluminium smelter units. The smelter unit is located in Italy and has an annual smelting capacity of 150,000 tons. After this cut off, Alcoa’s annual global smelting capacity will be reduced…
The Boeing Company (BA) Got a Boost over Airbus Group NV (AIR) With Jet Orders Worth $8.8 billion
The Boeing Company (NYSE:BA) got a boost over its largest competitor, Airbus Group NV (EPA:AIR), when it took orders for $8.8 billion of jets from BOC Aviation Pte, a unit of Bank of China Limited (SHA:601988). BOC Aviation Pte, an aircraft leasing firm, is banking on the surging Asian demand for younger and newer airplanes…