With more than half of the states in the United States supporting Gay couple marriages, Tim Cook, CEO of Apple Inc. (NASDAQ:AAPL) has come forward to reveal his sexual orientation. Cook says that he is proud of being a gay and considers it as one of the greatest gifts from the God. It is one…
Wal-Mart Stores, Inc. (WMT) Aims Fresh Food Section, Closes 30 Seiyu Stores In Japan
Wal-Mart Stores, Inc. (NYSE:WMT) has plans to shut down 30 underachieving retail stores in Japan managed under the Seiyu unit of the retailer. The retailer is planning to remodel its stores in Japan with more focus towards its fresh food offerings. Japan was once one of the most promising growth markets for the retailer but…
GoPro Inc (GPRO) Shares Soar 15% As Third Quarter 2014 Results Surpass Market Expectations
The shares of GoPro Inc (NASDAQ:GPRO) grew up to 15% in the extended trading session closing at$78.81 after the action camera maker announced its third quarter 2014 results. The company has better-than-expected sales forecast for the holiday quarter considering the increasing popularity of its video cameras. The action camera manufacturer announced revenues of $280 million…
QUALCOMM, Inc. (QCOM), Oracle Corporation (ORCL), Bed Bath & Beyond Inc. (BBBY): Major Stock Holdings of Cornerstone Investment Partners
Cornerstone Investment Partners is a Georgian based investment advisor with current portfolio of $8.98 billion and QUALCOMM, Inc. (NASDAQ:QCOM), Oracle Corporation (NYSE:ORCL), Bed Bath & Beyond Inc. (NASDAQ:BBBY) as its primary stock holdings. The company filed its latest SEC 13F filing on October 14 and its top 10 stocks account for 39.67% of its overall…
Twitter Inc (TWTR) Continues Losing Streak, Two Key Technologists To Leave The Company
After announcing less-than-expected third quarter 2014 results, the shares of Twitter Inc (NYSE:TWTR) have lost more than 13% of their share value. Amid its losing streak, two more key engineers of the company have announced their departure from the micro-blogging site citing an unclear vision responsible for dropping out. Twitter announced its third quarter results…
Microsoft Corporation (MSFT) Announces 3,000 Staff Layoffs, Launches First Wearable Device
In the continuity of reducing global workforce, Microsoft Corporation (NASDAQ:MSFT) has announced 3,000 job cuts with handset business as the primary target of the announcement. Further, the company launched its first wearable device coupled with Microsoft Health service. The Windows maker announced 3,000 more job deductions to achieve its overall workforce reduction target of 18,000.…
Facebook Inc (FB)’s Spending Plans Foe Investors, Analysts Eye Long-Term Growth
The shares of Facebook Inc (NASDAQ:FB) witnessed a massive downward rally and the company lost up to 7% share value closing at $75.30 in the pre-market trading after its quarterly results. The primary reason behind the decline is the heightened spending plans of the social networking giant; however, the company has received thumbs up from…
Metlife Inc (NYSE:MET) Surprises The Street With Two-Fold Profit Growth, Beats Market Expectations
The shares of Metlife Inc (NYSE:MET) rose nearly 2% after the largest U.S. life insurer announced its third quarter 2014 financial results. The insurer reported two-fold increase in its profits from the prior year quarter because of its high premiums. The insurer reported net revenues of $17.92 billion during its third quarter 2014 with 6.5%…
Kraft Foods Group Inc (KRFT) Reports Lowlier Profits Amid Increasing Food Prices
The shares of Kraft Foods Group Inc (NASDAQ:KRFT) slid nearly 3% during the afterhours trade post its third quarter 2014 financial results. The company reportedly lost its profit margins because of price hikes with a marginal increase in its overall revenue. Kraft Foods reported net revenues of $4.4 billion in its third quarter 2014 along…
Twitter Inc (TWTR) And International Business Machines Corp. (IBM) To Come Together For Enterprise Data Analytics
Twitter Inc (NYSE:TWTR) and International Business Machines Corp. (NYSE:IBM) are all set to offer data analytics services to enterprises depending upon the data collected from Twitter. The main aim of this association is to help corporations understand market trends, customers, and make informed business decisions. Following his statement at the third quarter 2014 financial results,…