The direct sales approach of Tesla Motors Inc (NASDAQ:TSLA) is gaining a lot of resistance from franchise owners stating that franchise based auto dealers favor the customers. The electric car maker is working on a new concept to showcase its vehicles in company-owned showrooms and take the orders online, hence threatening the franchise model. Tesla Motors…
Apple Inc. (AAPL), Bank of America Corp (BAC), Johnson & Johnson (JNJ): Top 3 Stock Holdings of Needelman Asset Management Inc
Chet Needelman founded the Needelman Asset Management Inc in 2002 and it has a current portfolio value of $31.18 million, according to their recent SEC 13F filing. Healthcare and finance are the major investment areas of the fund and its primary stock holdings include Apple Inc. (NASDAQ:AAPL), Bank of America Corp (NYSE:BAC), Johnson & Johnson…
Apple Inc. (AAPL), AT&T Inc. (T), Tortoise Energy Infrastructure Corp. (TYG): Top 3 Stock Holdings of LVM Capital Management Ltd
Craig Vendor Molen and Russ Leonard established LVM Capital Management Ltd in 1998 and it became a full-fledged wealth management firm in 2001. The fund has a 13F portfolio value of $304 million, as per its recent SEC 13F filing, with its top 10 holdings forming 38.71% of its overall portfolio. Apple Inc. (NASDAQ:AAPL), Tortoise…
AbbVie Inc (ABBV), Gilead Sciences, Inc. (GILD), Ecolab Inc. (ECL): Top 3 Stock Holdings of Swarthmore Group Inc CIK
Swarthmore Group Inc CIK has 13F portfolio worths $1.07 billion, as per its recent SEC 13F filing, and its top 10 holdings account for 46.87% of its net portfolio. Ms. Paula Mandle is the CEO of the Swarthmore Group, Inc and it was founded in 1991 James E. Nevels. AbbVie Inc (NYSE:ABBV), Gilead Sciences, Inc. (NASDAQ:GILD),…
Hilton Worldwide Holdings Inc (HLT) Ready to Sell Its Landmark Waldorf Astoria Hotel to Chinese Insurer
Hilton Worldwide Holdings Inc (NYSE:HLT) announced that it has entered an agreement with the Chinese insurer, Anbang Insurance Group Co. to sell its landmark Waldorf Astoria Hotel in Manhattan for $1.95 billion. Anbang Insurance Group Co. agreed to give 100 years management agreement to operate the hotel to the Hilton group under which, the hotel…
Exxon Mobil Corporation (XOM), The Coca-Cola Company (KO), Colgate-Palmolive Company (CL): Top 3 Stock Holdings of Paragon Capital Management Ltd
Paragon Capital Management Ltd has a 13F portfolio of $143 million with its primary focus in the finance industry, as per its recent SEC 13F filing. Alexander N. Feick is the managing director of Paragon Capital Management Ltd with Exxon Mobil Corporation (NYSE:XOM), The Coca-Cola Company (NYSE:KO), Colgate-Palmolive Company (NYSE:CL) as the top three holdings of the…
Amazon.com, Inc. (AMZN) under EU Watchdog’s Scanner for Its Luxembourg Tax Deals
Amazon.com, Inc. (NASDAQ:AMZN) is the latest technology giant to fall under the scanner of EU Watchdog, as the European regulators investigate the tax arrangements of the company with Luxembourg. The online retailer has joined the likes of Apple Inc (NASDAQ:AAPL) and Starbucks Corporation (NASDAQ:SBUX) facing similar tax probes. The primary area of investigation is to…
International Business Machines Corp. (IBM) Ready to Reinitiate Talks to Spin off its Ailing Chip Unit
International Business Machines Corp. (NYSE:IBM) is likely to resume its discussion with Globalfoundries Inc to spin off its chip-manufacturing unit. This is the second time these two companies are entering negotiations as Globalfoundries rejected IBM’s $1 billion offer to take the unit during previous discussions in July. According to the sources, International Business Machines Corp.…
Apple Inc (AAPL)’s iPhone 6 in Demand Which Causes Samsung Electronics Co Ltd To Lose 60% of Its Quarterly Profit
Samsung Electronics Co Ltd (KRX:005930) disclosed its earnings guidance for the third quarter 2014 indicating a decline of 60% in its operating profit during the July to September quarter. Further, the company lost sales to its Smartphone rival Apple Inc (NASDAQ:AAPL), which is receiving huge success with its latest bigger screen versions of iPhone 6.…
Eli Lilly and Co (LLY), Apple Inc. (AAPL), Netflix, Inc. (NFLX): Top 3 Stocks of Weatherly Asset Management L. P.
Weatherly Asset Management L. P. has a 13F portfolio value of $232 million with healthcare as its largest investment area, as per its recent SEC 13F filing. Carolyn P. Taylor is the manager of the fund with Eli Lilly and Co (NYSE:LLY), Apple Inc (NASDAQ:AAPL), and Netflix, Inc. (NASDAQ:NFLX) as the top three holdings of…