The Gap Inc. (NYSE:GPS) reported its third quarter 2014 financial results with declining Old Navy sales and the shares of the apparel brand rallied down 4% during extended hour trading. The apparel manufacturer trimmed down its earnings forecast for 2014. At the same time, the company elected two new global brand presidents for Gap and…
Apple Inc. (AAPL) To Reestablish Dominance In Online Music With Beats Music Service
The iPhone maker, Apple Inc. (NASDAQ:AAPL), never runs out of ways to improve its revenue streams and this time around, the tech giant is planning to include Beats Music Service in iOS. Apple acquired Beats earlier this year to improve its music portfolio considering the fact that iTunes is finding it difficult to step-up download…
General Motors Company (GM)’s Legal Troubles Amplified With $3 Billion Arizona State Lawsuit
The legal woes of General Motors Company (NYSE:GM) are nowhere near their end as the Arizona State has filed a lawsuit against the automaker claiming damages in excess of $3 billion. The lawsuit accuses the automaker for concealing safety issues in its cars and defrauding the customers. General Motors Company (NYSE:GM) has recalled over 2.6…
Bayerische Motoren Werke AG (BMW) Worried About Slowing Growth Rate And Demand In China
The high-growth Chinese premium car market seems to be stabilizing according to Bayerische Motoren Werke AG (ETR:BMW)’s China Head. The premium automaker is all set to maximize local production for double-digit growth. At the same time, the competition in the luxury car segment is on the rise with Ford Motor Company (NYSE:F) introducing Lincoln brand…
Airbus Group NV (AIR) Ahead of Boeing Co (BA) In Delta Air Lines, Inc. (DAL)’s 50 Jet Order
Airbus Group NV (EPA:AIR) is likely to win against Boeing Co (NYSE:BA) in Delta Air Lines, Inc. (NYSE:DAL)’s 50 Jet order. The overall deal is valued at $13 billion and Airbus is at the front with its efficient jet portfolio. Airbus Group is likely to consider this deal an indication of Delta Air Lines’ inclination…
Johnson & Johnson (NYSE:JNJ), Apple Inc. (NASDAQ:AAPL), American Express Company (NYSE:AXP): Top 3 Stock Holdings of Fisher Asset Management
Ken Fisher is the brain behind Fisher Asset Management and the recent SEC 13F filing of the investment manager indicates primary investments in Johnson & Johnson (NYSE:JNJ), Apple Inc. (NASDAQ:AAPL), American Express Company (NYSE:AXP). Fisher Asset Management came into existence in 1979 and it has offered quality investment advice ever since its inception. Johnson &…
Baker Hughes Incorporated (BHI), Anadarko Petroleum Corporation (APC), Teva Pharmaceutical Industries Ltd (ADR) (TEVA): Top 3 Stock Investments of Millennium Management
Millennium Management is among one of the most popular investment firms with investment career of over 25 years and as on October 31, 2014 the firm had over $24.1 billion worth of assets under management. The recent SEC 13F filing of Millennium Management on November 14 highlights its primary stock investments including Baker Hughes Incorporated…
Dow Chemical Co (DOW), Ally Financial Inc (ALLY), Actavis plc (ACT): Top 3 Stock Holdings of Third Point LLC
Dan Loeb is the fund manager for Third Point LLC and the investment practices of the investment firm go back nearly 20 years. As per the recent SEC 13F filing of Third Point LLC on November 14, Dow Chemical Co (NYSE:DOW), Ally Financial Inc (NYSE:ALLY), Actavis plc (NYSE:ACT) are its three primary stock holdings. Dow…
AutoNation, Inc. (AN), Lands’ End, Inc. (LE), Sears Holdings Corp (SHLD): Top 3 Stock Holdings of RBS Partners
RBS Partners is run by the chairman of Sears Holdings Corp (NASDAQ:SHLD), Edward Lampert, and the fund has concentrated investments in AutoNation, Inc. (NYSE:AN), Lands’ End, Inc. (NASDAQ:LE), Sears Holdings Corp (NASDAQ:SHLD). RBS Partners filed its recent SEC 13F filing on November 14 and its current portfolio exceeds $1.5 billion in investments. AutoNation, Inc. (NYSE:AN)…
Allergan, Inc. (AGN), Canadian Pacific Railway Limited (USA) (CP), Air Products & Chemicals, Inc. (APD): Top 3 Stock Holdings of Pershing Square Capital Management
Pershing Square Capital Management is lead by Bill Ackman, best known for his bets against short-term downward moves, and its primary stock holdings include Allergan, Inc. (NYSE:AGN), Canadian Pacific Railway Limited (USA) (NYSE:CP), Air Products & Chemicals, Inc. (NYSE:APD). The recent SEC 13F filing of Pershing Square Capital Management on November 14 reflects portfolio value…