The shares of Twitter Inc (NYSE:TWTR) slid more than 12% during the afterhours trading closing at $43.22 after its third quarter 2014 results. The social media platform lost up to 7 percent user engagement during the quarter along with lower-than-expected revenue guidance for its fourth quarter 2014. The micro-blogging platform announced its third quarter 2014…
Yahoo! Inc. (YHOO) Shares Spike Up Amid Rising Alibaba Group Holding Ltd (BABA), Says Cramer
After facing resistance from activist investors and the shareholders alike, Yahoo! Inc. (NASDAQ:YHOO)’s CEO could finally catch breath with rising share prices, thanks to the Alibaba Group Holding Ltd (NYSE:BABA)’s growing share prices. Jim Cramer called the spike in Alibaba Group’s share prices responsible for Yahoo’s recent success. As per Cramer, Alibaba is likely to…
The Walt Disney Company (DIS), PepsiCo, Inc. (PEP), Amazon.com, Inc. (AMZN): Top 3 Stock Holdings of Cohen Klingenstein
Cohen Klingenstein has a net portfolio of $566 million with The Walt Disney Company (NYSE:DIS), PepsiCo, Inc. (NYSE:PEP), Amazon.com, Inc. (NASDAQ:AMZN) as its top stock holdings, according to its recent SEC 13F filing on October 14, 2014. Cohen Klingenstein has its majority of investments in finance and consumer discretionary industries. The Walt Disney Company (NYSE:DIS)…
Apple Inc. (AAPL), Microsoft Corporation (MSFT), Discover Financial Services (DFS): Top 3 Stock Holdings of Foundry Partners
Foundry Partners is an asset management firm offering its services since 2013 and Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Discover Financial Services (NYSE:DFS) are among its primary stock holdings, as per its recent SEC filing on October 14, 2014. The company reported net assets worth $1.99 billion as of June 30, 2014, according to its…
Hewlett-Packard Company (HPQ) Turns To Local Market For Selling Corporate Networking Business in China
Hewlett-Packard Company (NYSE:HPQ) has started local search for a potential buyer for its networking business unit in China and the company is likely to sell off a majority stake in the unit. This deal is among one of the latest examples of growing corporate tension between Chinese and American technology firms. The company is getting…
Google Inc (GOOGL) Gets New Internet Products Head Amid Frequent Management Changes in 2014
In the series of key management changes for Google Inc (NASDAQ:GOOGL), Sundar Pichai is the new head of the company’s Internet products. The tech giant has had several management changes in this fiscal and the new head is said to be among Larry Page’s, CEO of Google Inc, favorite executives. Mr. Pichai is going to…
Tesla Motors Inc (TSLA) Announces Leasing Alternatives For Its Model S Buyers in U.S.
In its attempt to promote Model S in the United States, Tesla Motors Inc (NASDAQ:TSLA) has announced a new leasing policy for the buyers of Model S in the country. The company has collaborated with U.S. Bank to roll out its latest leasing option. Under the new leasing option, buyers of Model S would be…
Toyota Motor Corp (7203) Sells Its Stake In Tesla Motors Inc (TSLA), Reports Huge Gains
Toyota Motor Corp (TYO:7203) announced last week that it sold off its stake in Tesla Motors Inc (NASDAQ:TSLA) with commendable gains. Toyota is the second company after the Mercedes maker, Daimler AG (USA) (OTCMKTS:DDAIF), reported selling off its stake in the electric car company. The Japanese carmaker released a statement saying that the sale underwent…
Salesforce.com, Inc. (CRM) Initiates Plan To Enter Healthcare Industry, Competition Likely To Rise In Near Future
Salesforce.com, Inc. (NYSE:CRM) is the latest mega-company to target the healthcare industry and the company is putting in all of its efforts to create business worth $1 billion. The healthcare industry already has big players like Microsoft Corporation (NASDAQ:MSFT) trying to replace existing information systems in the medical industry. Salesforce has been busy hiring key…
Apple Inc. (AAPL)’s Troubles To Rise Further As CVS Health Corp (CVS) And Rite Aid Corporation (RAD) Decline Apple Pay
With Apple Inc. (NASDAQ:AAPL) aiming to tap the mobile payment industry with Apple Pay, merchant groups have joined hands against the system as CVS Health Corp (NYSE:CVS) and Rite Aid Corporation (NYSE:RAD) declined Apple Pay transactions. Both the merchants favored online payment system developed by Merchant Customer Exchange (MCX). CVS Health Corp (NYSE:CVS) and Rite…