One of the most reputed financial institutions of the world, Goldman Sachs Group Inc (NYSE:GS), continued its traditional work culture by introducing 78 new partners to its overall partners pool. The previous announcement for partners was in 2012 and the company announced 70 partners in that period. The partner pool of the company is among…
J C Penney Company Inc (JCP)’s Shares Drop 5% After Miserable Same Store Sales Result
The shares of ailing retailer, J C Penney Company Inc (NYSE:JCP), fell 5.28% in the extended trading session after the retailer announced same store sales similar to the previous year period. The company pinned poor sales over the warm season leading to lower sales in September and October. The retailer posted its third quarter 2014…
Cisco Systems, Inc. (CSCO) Shares Fall Post Weaker Forecast, Reports Better First Quarter 2015 Results
The shares of Cisco Systems, Inc. (NASDAQ:CSCO) rallied down in access of 1.6% after the network equipment manufacturer posted a weaker forecast for the current quarter. The lower forecast came after weaker sales in its emerging markets and major capital spending cuts by telecom service providers. Cisco Systems announced its first quarter 2015 results with…
Chevron Corporation (CVX), Schlumberger Limited. (SLB), Microsoft Corporation (MSFT): Top 3 Stock Holdings of BTR Capital Management Inc
BTR Capital Management started offering investment services in 1989 and it has current portfolio of $362 million with Chevron Corporation (NYSE:CVX), Schlumberger Limited. (NYSE:SLB), Microsoft Corporation (NASDAQ:MSFT) as its primary stock investments. According to the recent SEC 13F filing of BTR Capital Management on October 14, its largest investment is in the information technology sector…
Microsoft Corporation (MSFT) Launched New Windows Phone Under “Microsoft Lumia” Brand, Continues Shedding Of Nokia Brand
What was quite evident earlier has started to come up on surface as Microsoft Corporation (NASDAQ:MSFT) continues shedding away the Nokia Brand with every new launch. The Windows maker launched its first windows phones under the “Microsoft Lumia” banner. The IT giant launched its latest Smartphone, Lumia 535, yesterday calling it “Microsoft Lumia 535.” The…
Intel Corporation (INTC) Might Attract Technology Adapters In China, Offers Financial Support For Smart Device Companies
There is no denying the fact that Intel Corporation (NASDAQ:INTC) was late in adapting the mobile technology and the chipmaker hasn’t found much success in it until now. However, it doesn’t mean that the company won’t target the world’s fastest growing Smartphone market, China. After its recent partnerships with chip manufacturers in China, the CEO…
Google Inc (GOOGL)’s Europe Antimonopoly Investigation Might Linger Around Longer As New EU Head Requires Time
Google Inc (NASDAQ:GOOGL), the search engine giant, troubled with antitrust issues in Europe is not likely to get relief in near future as the new EU commissioner demands more time to understand the case. The investigation has been going around for four years with no conclusive results until now. According to Margrethe Vestager, European Competition…
Apple Inc. (AAPL) In Legal Trouble Over Blocking iPhone Text Messages, District Judge Pushes Lawsuit
Apple Inc. (NASDAQ:AAPL) is again into legal troubles and this time, the lawsuit is from a plaintiff complaining that the company’s practice to block text messages for users switching to Android devices restricted her from receiving text messages. According to the claim filed by Adrienne Moore, the message blocking practice followed by Apple intervened with…
Yahoo! Inc. (YHOO) Ready To Utilize Cash At Hand, Acquires BrightRoll To Increase Advertising Footprint
After facing continuous investor unrest to improve the revenue streams of the company, Yahoo! Inc. (NASDAQ:YHOO) has finally acquired BrightRoll, video advertising platform, for $640 million. This acquisition is aimed at improving the footing of the company in the highly competitive online advertising industry. The acquisition of BrightRoll is significant in terms of the overall…
Apple Inc. (NASDAQ:AAPL) Initiates Stringent Efforts To Push iPad Sales In The Corporate Hemisphere
In its efforts to control the declining sales of iPad, Apple Inc. (NASDAQ:AAPL) is said to have hired a sales team to sell iPad to the corporate customers while working closely with app developers to develop apps targeting enterprise users. The sales of iPad have declined continuously for the last three quarters and the iPhone…