Facebook Inc (NASDAQ:FB) may have the dominant social networking site, but it isn’t content with having one, it also aims to conquer territories that other sites have already charted and established for themselves. In a report by the Financial Times, unnamed sources have said that Facebook is in the process of working on a website…
New Aluminum F-150 Truck from Ford Motor Company (F) Fuel Efficient, A Boost to Aluminum Industry
Ford Motor Company (NYSE:F) has announced the features of its new aluminum bodied D-150 truck, revealing a 700 pound lighter version of the F-150 that is also more economical in terms of fuel. Official estimates from Ford says that the new F-150 offers as much as 20 percent better fuel economy compared to the previous…
Google Inc (GOOGL) Is Under Risk Of Being Attacked By European Parliament
In a latest display of its rising concern for dominance of Google Inc (NASDAQ:GOOGL) in the world wide web, the European Parliament is likely to attack the search engine giant through a draft resolution aimed at “unbundling search engines from other commercial services”, according to a report on Friday by Reuters. The draft seen by…
Microsoft Corporation (MSFT) Update: CEO Nadella’s Compensation Reasonable
Microsoft Corporation (NASDAQ:MSFT) has issued its stance on the issue of its CEO being overpaid. A spokesman from the software products and services company has told Business Insider that ISS’ claim that Microsoft CEO Satya Nadella’s pay is too high is misleading, because the company will base Nadella’s pay, which includes stocks ownership, on company…
Infosys Ltd ADR (INFY) Fires Top Executive Over Apple Inc. (AAPL) Bill Discrepancies, Appoints New Officers
Infosys Ltd ADR (NYSE:INFY) fired one of its top executives over non-compliance with the company’s code of conduct. An earlier report by Reuters noted that the company’s back-office services unit was found in an internal audit to have recorded inflated amounts in invoices issued to Apple Inc. (NASDAQ:AAPL), in effect overcharging Apple. In her email…
Noteholders To Probe GT Advanced Technologies Inc (GTATQ) & Apple Inc (AAPL) Settlement
Noteholders of GT Advanced Technologies Inc (OTCMKTS:GTATQ) are questioning the furnace maker’s settlement deal with Apple Inc (AAPL), noting the possibility that the iPhone maker might have been given leeway to go off easily. In a report by Reuters, some of the noteholders argued that the allegations against Apple make it necessary for an investigation…
American International Group Inc (AIG), Citigroup Inc (C), and Sirius XM Holdings Inc. (SIRI): Top Stock Holdings of Omega Advisors Inc.
Founded by Leon cooperman in 1991, Omega Advisors Inc. is a hedge fund firm active in alternative market investments, fixed income, and public equity. The fund manages client focused portfolios, and also offers its services to corporations, charitable organizations, as well as pension and profit sharing entities. Its SEC 13F filing dated November 14, 2014…
Novo Nordisk A/S (ADR) (NVO), Colgate-Palmolive Company (CL), and McDonald’s Corporation (MCD): Top Stock holdings of Renaissance Technologies
Founded in 1982 by American mathematician and philanthropist Jim Simons, Renaissance Technologies is a hedge fund management firm which currently holds a portfolio worth $36 billion in value as per its SEC 13F filing dated November 12, 2014. The firm uses mathematical and statistical modeling and operates the Medallion Fund for trading non-stock instruments, the…
YPF SOCIEDAD ANONIMA (YPFSF), Alibaba Group Holding Ltd (BABA), and Teva Pharmaceutical Industries Ltd (ADR) (TEVA): Top Stock Holdings of Soros Fund Management
Founded way back in 1969 by George Soros, Doros Fund Management LLC is a private American investment management group that operates both as a hedge fund and a family business. An annual return of about 20% makes it one of the most successful investment firms playing in the hedge fund market. Data from its SEC…
Micron Technology, Inc (MU); Apple Inc. (AAPL); Sunedison Inc (SUNE): Top Stock Holdings of Greenlight Capital
Founded by David Einhorn in 1996 with a starting capital of $900,000, Greenlight Capital heavily invests in North American equities and corporate debt offers. Its November 14, 2014 SEC 13F filing shows that it has an amount of $6.8 billion worth of portfolio investment spread across a wide variety of positions. Its top holdings include…