Apple Inc (NASDAQ:AAPL) is all set to launch its next generation iPhone 6 with two bigger screen versions. However, the company is facing a difficult time in getting sufficient supply of screens for its latest Smartphone. It is not certain whether this short-time supply-crisis will affect the launch of iPhone 6 or limit availability. According…
Salesforce.com, inc. (CRM) and GameStop Corp. (GME) Moving High with the Increasing Demand Of Microsoft Corporation (MSFT) and Sony Corp (ADR) (SNE)
Tech Stocks ended the week with mild gains, primarily led by Salesforce.com, inc. (NYSE:CRM) and the videogame company, GameStop Corp. (NYSE:GME). Both the companies received excellent response from the investors after beating their second quarter expectations. Other primary companies contributing towards the upward industry momentum include Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), and Yahoo! Inc.…
eBay Inc (EBAY) Is Ready To Spinoff Paypal
Next year might bring a huge change for PayPal as eBay Inc (NASDAQ:EBAY) is gearing up for its spinoff. Following this news eBay Inc (NASDAQ:EBAY) shares took a nice jump in the stock market by 4% reaching a value of $55.48 on Thursday. If this spinoff does happen in 2015 then this would mark a…
General Motors Co. (GM)’s Lawyers Under The Federal Scanner
The problems for General Motors Co. (NYSE:GM) do not seem to end anytime in near future. Federal prosecutors are inspecting about the role of employees working in the legal department of the company. The prosecutors suspect that the legal department concealed critical evidence from involved regulators leading to a delay in recall of faulty vehicles.…
Cramer’s Overview on Bank of America Corp (BAC)
After years of fighting law-suits in court with Department of Justice, Bank of America Corp (NYSE:BAC) finally got rid of its long-standing burden by agreeing to pay almost $17 billion to federal authorities. The exact figure being $16.65 billion, it is the largest amount to be paid towards settlement of dispute by any single organization.…
Allergan, Inc. (AGN) vs. Valeant Pharmaceuticals Intl Inc (VRX): Losing Ground to Stop Shareholder Meeting
Allergan, Inc. (NYSE:AGN) lost a crucial court bid that could have allowed the company to stop a shareholder meeting planned by Valeant Pharmaceuticals Intl Inc (NYSE:VRX) and William Ackman. Ackman joined hands with Valeant in April with a cash-and-stock bid of $54 billion. (You can see entire holdings of William Ackman). Allergan, Inc. (NYSE:AGN) approached…
The Gap Inc. (GPS) Raised Profit Forecast with Expansion Plans in India
With motivating second quarter 2014 financial results, The Gap Inc. (NYSE:GPS) has raised its earnings guidance for fiscal 2015 to $2.95-$3.00. The company reported financial results for second quarter on August 21, 2014 and as per its expansion plans; the company is planning to open up to 40 new stores in India. According to the…
Tesla Motors Inc (TSLA) – Is It Possible to Move Higher?
As per Andrew Fung of CLSA, Tesla Motors Inc (NASDAQ:TSLA) is indeed headed for the $300 mark owing to a number of reasons. On being questioned on his projection, the financial whiz who works for this renowned Asia-focused brokerage house enumerated the possible factors that could propel this automotive company to higher levels. Just a…
Bank of America Corp (BAC) Announced Settlements Of $16.65 Billion For Mortgage Securities Related Lawsuits
Bank of America Corp (NYSE:BAC) has cleared a huge cloud of financial stress and bag mortgages with a settlement of $16.65 billion announced on August 21, 2014. The settlement includes Bank of America Corp (NYSE:BAC), the U.S. Department of Justice, six states, and several federal agencies. According to the news release by Bank of America…
Google Inc (GOOGL), Verizon Communications Inc. (VZ), The Home Depot, Inc. (HD) – Jim Cramer’s Favorite Large Cap Stock Picks Of The Week
Jim Cramer had 30 buy recommendations between August 18-20,2014. The largest-cap stocks of the week were Google Inc (NASDAQ:GOOGL), Verizon Communications Inc. (NYSE:VZ), BHP Billiton Limited (ADR) (NYSE:BHP), PepsiCo, Inc. (NYSE:PEP) and The Home Depot, Inc. (NYSE:HD). Jim Cramer has been a long-time fan of Google Inc (NASDAQ:GOOGL) since it went public in 2004. The company had…