Johnson & Johnson (NYSE:JNJ), one of the largest healthcare companies of the world, is likely to toss out its artificial sweetener unit amid falling soft drink sales. The healthcare company is working with Goldman Sachs Group Inc (NYSE:GS) to find out potential options for the sale of its sweetener unit. Splenda is an artificial sweetener…
General Growth Properties Inc (GGP), HCP, Inc. (HCP), Host Hotels and Resorts Inc (HST): Top 3 Stock Holdings of Presima Inc
Presima Inc has current market portfolio of $483 million as per its recent SEC 13F filing on October 30, 2014 with General Growth Properties Inc (NYSE:GGP), HCP, Inc. (NYSE:HCP), Host Hotels and Resorts Inc (NYSE:HST) among its primary stock holdings. General Growth Properties Inc (NYSE:GGP) is the largest stock holding of Presima Inc with 2,945,700…
Sprint Corporation (S) Introduces Slashing Price Battle Against Its Major Competitors
Sprint Corporation (NYSE:S) is all set to outmatch its competitors by slashing its prices to half and the carrier organized “Cut Your Wireless Bill in Half Event.” Sprint offered to cut bill plan prices to half for customers migrating from other carriers including Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The CEO of Sprint,…
Alibaba Group Holding Ltd (BABA) Joins Tencent Holdings Ltd (0700) In Raking Investments For Ping An Insurance
Both Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (HKG:0700) joined hands to invest in Ping An Insurance (Grp) Co of China Ltd. (HKG:2318). The insurance company raised $4.7 billion out of the deal and registered as one of the largest share offerings in Hong Kong during the financial year. Ping An Insurance is…
Tesla Motors Inc (TSLA)’s Model S Stays On Top In Terms Of Customer Satisfaction
In addition to being the most luxurious electric car manufacturer, Tesla Motors Inc (NASDAQ:TSLA) has received a hand of applause from its customers for being the most reliable, fun to drive, and stylish vehicle of the year. A satisfaction survey carried out by Consumer Reports has listed Model S as the best car in terms…
Tesla Motors Inc (TSLA) Still Falling Short On Production, Share Prices Slashed After Comment From Bayerische Motoren Werke AG (BMW)
Tesla Motors Inc (NASDAQ:TSLA) is certainly among the front-runners in the electric car industry with its large array of luxury electric cars. At the same time, the shares of the electric carmaker fell in excess of 5% after Bayerische Motoren Werke AG (ETR:BMW) declined to have any interest in partnership with the electric carmaker. The…
Amazon.com, Inc. (AMZN)’s Rating Cut to Negative After More Unsecured Note Release
After a sudden jump in share prices after the Black Friday sales, the shares of Amazon.com, Inc. (NASDAQ:AMZN) dropped up to 3.73% to $326.00. The investor arm of Moody, Moody’s Corporation (NYSE:MCO), cuts its rating for the online retailer to “Negative” from earlier “stable” rating. The primary reason for the dramatic change in ratings is…
Microsoft Corporation (MSFT) Continues Its Acquisition Spree With 18-Months Old Startup
Acompli is the latest addition to the Microsoft Corporation (NASDAQ:MSFT) group with its focus towards Android and iOS email system. The acquisition of Acompli and recent launches of cross-technology devices are certainly an indication of the Windows-company adapting to the current technologies. Microsoft made official announcement on its blog quoting, “In a world where more…
Apple Inc. (AAPL)’s Smartwatch Creating Demand For Complete Niche, iPhone Maker Dominated Black Friday
Right from the time when Apple Inc (NASDAQ:AAPL) announced its smartwatch, there have been continuous speculations about its success, cost, and demand. Most of the experts are considering it a product that will redefine the complete niche. Further, the products of the company dominated Black Friday sales dwarfing its opponents. Steven Milunovich, analyst at UBS,…
Berkshire Hathaway Inc. (BRK.B), Microsoft Corporation (MSFT), Howard Hughes Corp (HHC): Top 3 Stock Holdings of Menlo Advisors LLC
Menlo Advisors have current investment portfolio exceeding $131 million with Berkshire Hathaway Inc. (NYSE:BRK.B), Microsoft Corporation (NASDAQ:MSFT), Howard Hughes Corp (NYSE:HHC) as its primary stock holdings. According to the recent SEC 13F filing of Menlo Advisors LLC on October 30, finance and information technology are among the primary investments of the company. Berkshire Hathaway Inc.…