Blackberry Ltd (NASDAQ:BBRY) is now through with the first phase of its recovery plan slated to be complete in two years, according to the company’s chief executive John Chen, who assumed leadership of the beleaguered mobile technology company last year. Chen has helped to revive the struggling company by broadening app offerings, forging partnerships to…
American Airlines Group Inc (AAL) Flight Stewards Shun Tentative Contract by 16 Votes
American Airlines Group Inc (NASDAQ:AAL) flight attendants dropped on Sunday by a narrow margin of 16 votes a proposed joint labor contract that would have covered a combined workforce of US-based stewards absorbed in the merger of American Airlines with the former US Airways Group Inc (NYSE:LCC). About 16,000 stewards cast their votes, with ballot…
Burger King Worldwide Inc (BKW) Opens in India, Tweaks Menus
Burger King Worldwide Inc (NYSE:BKW) is set to open its first stores in India in a span of 2 to 3 months. In an announcement made on Saturday, Rajeev Varman, head of the U.S. hamburger chain’s unit in India, said that the company will initially start with a dozen stores. The company’s entry in India…
Apple Inc. (AAPL) Blamed by GT Advanced Technologies Inc (GTATQ) for being a Bully
GT Advanced Technologies Inc (OTCMKTS:GTATQ) threw the blame on Apple Inc. (NASDAQ:AAPL) for forcing the sapphire maker to agree to a “one-sided” deal that favored the iPhone maker and pushed the sapphire maker to bankruptcy. In a sealed court documents that has been ordered to be made public by U.S. Bankruptcy Judge Henry Borrof, GT…
The Home Depot, Inc. (HD) Stays Positive Despite Theft of 53 Million Email Addresses
The Home Depot, Inc. (NYSE:HD) has reported that about 53 million email addresses has been stolen by hackers from its system. This is in addition to the company’s previous disclosure in September that approximately 56 million payment cards that have been breached, surpassing the number of cards affected in a similar incident at Target Corporation…
Walt Disney Co. (DIS) Income At Par With Analysts Estimates
Walt Disney Co. (NYSE:DIS) announced in its fourth quarter earnings report ended Sept. 27, 2014, a net income of $1.5 billion, up from $1.39 billion over the same period the previous year, garnering an earnings of 86 cents per share as opposed to 77 cents per share last year. The 8% increase, largely driven by…
Qualcomm, Inc. (QCOM) Profit Hurting From Chinese, American, and European Regulatory Investigations
Qualcomm, Inc. (NASDAQ:QCOM) expressed concerns that investigations into the company’s business practices is harming profitability. The company, a leader in smartphone chips, has seen a drop in its shares – as much as 6.5%, sliding from $77.20 to 72.50 on the NASDAQ. The drop in the company’s market shares value followed disclosures that Qualcomm, Inc,…
Ford Motor Company (F) Continues To Recall Vehicles In North America
Ford Motor Company (NYSE:F) announced it is recalling 202,241 vehicles in separate campaigns to correct safety issues such as faulty gas tanks and incorrect repairs in past recalls. The company admitted awareness of a single accident related to an incorrectly repaired vehicle but added that no injury resulting from such accident is on record so…