Author Archives: Prakash Pandey

J C Penney Company Inc (JCP) Targets More Store Closures, Shares Soar Amid Positive Performance Data

J C Penney Company Inc (JCP) Targets More Store Closures, Shares Soar Amid Positive Performance Data

The shares of J C Penney Company Inc (NYSE:JCP) jumped in excess of 20 percent after the company announced positive same-store sales and more closures in the line of improvement. One of the recent announcements from the company indicated closure of up to 40 more stores in the country. Joey Thomas, spokesman for J C

Tesla Motors Inc (TSLA)’s Model S Sales Exceed Nissan Motor Co Ltd (ADR) (NSANY)’s Leaf, Automotive Experts Disagree

What rather came as a surprise to most of the automotive experts, the sales of Tesla Motors Inc (NASDAQ:TSLA)’s Model S surpassed that of Leaf electric vehicle from Nissan Motor Co Ltd (ADR) (OTCMKTS:NSANY) for the month of December, as per Inside EVs research. Majority of the auto experts have rejected these figures stating it

Apple Inc. (AAPL) Boasts About Contribution in Domestic Job Creation, Puts App Store Sales in Spotlight

The shares of Apple Inc. (NASDAQ:AAPL) rose nearly 4 percent closing at $111.89 after the company announced impressive sales figures for its app store. The iPhone maker took the opportunity to get back to its critics by highlighting its job creation figures in the U.S., which reached 1.03 million until date. Prior to it, the

McDonald’s Corporation (MCD)’s Food Safety Nightmare Continues, Plastic Found in Nuggets Sold in Japan

It seems like the food safety issues are going to linger around a bit longer with McDonald’s Corporation (NYSE:MCD) as the world’s largest fast-food chain served fries with human tooth and chicken nuggets with plastic in one of its Japan retail outlets. The past one year has not been great, both in terms of sales

AT&T Inc. (T) Fights Back With Rollover Data Plans For Over 50 Million Subscribers

In an attempt to get back to its smaller rival, AT&T Inc. (NYSE:T) has launched a rollover data plan for nearly 50 million customers of the company. The Mobile Share Value Customers of the company, both new and existing, would be able to enjoy the data rollover services starting January 25. Earlier last month, its

Starbucks Corporation (SBUX)’s Shares Jump Amid Eminent Gift Card Sales During Holiday Season

The shares of Starbucks Corporation (NASDAQ:SBUX) rose 2.46 percent closing at $81.18 after the company announced improvement in the sales of gift cards. The recent data shows that gift card sales were up 16 percent during the holiday season in the U.S. The world’s largest coffee chain had an excellent holiday season and the company

BlackBerry Ltd (BBRY) Intends to Come Back With Internet Of Things Product, Announces Deals With Automobile Manufacturers

BlackBerry Ltd (NASDAQ:BBRY) is all set to come back again and allure investors with its latest offering, Internet Of Things, that intends to connect cars and ships to a central system. The smartphone maker announced a few days back that it has its infotainment system installed in over 50 million automobiles. According to the smartphone

Apple Inc. (AAPL) Might Come Up With a Flexible Smartphone in Future, Secures Patent For Flexible Electronic Device

Apple Inc. (NASDAQ:AAPL) has long been the powerhouse of innovation and it has yet again signaled another technological wonder in the making. The iPhone maker has secured patent for flexible electronic device sending the expectations of tech experts a step further. The latest patent from the company proposed an electronic device that can easily be

Apple Inc. (AAPL) All Set to Shake Mobile Market Share, Mounts Against Google Inc (GOOGL)’s Android

When Apple Inc. (NASDAQ:AAPL) registered the best smartphone launch weekend in all of its devices by selling 10 million iPhone 6 and 6 Plus devices, it was not just making profits but also rising in ranks in terms of market share. Google Inc (NASDAQ:GOOGL)’s Android has shrunk in terms of market share for the first

Transocean LTD (RIG) Hit Large By Oil Prices Slump, Moody’s Expect $9.1 Billion Debt to Curve Out As Junk

The New Year hasn’t brought any good news for Transocean LTD (NYSE:RIG) as the oil drilling company is losing its share value aggressively. The $9.1 billion debt of the company might reach a junk status without any improvement in crude oil prices, says Moody’s Investor Service. The shares of the owner of the world’s largest

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