The shares of Angie’s List Inc (NASDAQ:ANGI) rose 19.15% after the news of a potential sale of the online company. The shares skyrocketed after news from the Financial Times that the company has hired bankers to map out strategic options including the possibility of a sale. As mentioned by the Financial Times, ANGI’s had conversations…
Tekmira Pharmaceuticals Corporation (TKMR), BioCryst Pharmaceuticals, Inc. (BCRX), Sarepta Therapeutics Inc (SRPT) Lead Ebola Treatment Campaign
Ebola took the world by surprise leading to a huge loss of human lives in the Western Africa plateau. With no steady treatment available for the Ebola virus, pharmaceutical companies are trying every bit to devise a medical treatment for the disease. Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX), Sarepta Therapeutics Inc (NASDAQ:SRPT) are…
What Has Been Changed By Microsoft Corporation (MSFT) With Windows 10, Skeptic About “Windows 9”
What came as a surprise to the users and investors is the name of the latest Windows operating system launched by Microsoft Corporation (NASDAQ:MSFT) i.e. Irrespective of the name of the latest version of Windows, there is a lot that users can expect from Windows including split-screen feature, customizable start menu, advanced search feature, and…
Automatic Data Processing (ADP)’s Shares Tank After CDK Global, Inc. (CDK) Spinoff
The shares of Automatic Data Processing (NASDAQ:ADP) closed at $71.42 one day after the spinoff of CDK Global. The company lost 13.71% of its share value in the last two days after the spinoff. Earlier, ADP completed the spinoff of CDK Global to create a separate entity that would offer technology and marketing services to auto…
Goldman Sachs Group Inc (GS) Along With Top Investment Banks Invest $66 Million in New Digital Communication Platform
According to the latest announcement from Goldman Sachs Group Inc (NYSE:GS), the company has finally devised a perfect centralized digital communication platform for financial firms and corporate customers. Goldman along with 13 investment partners is ready to invest $66 million in Symphony Communications Services Holding LLC. David Gurle will head the company to prepare a…
Apple Inc. (AAPL) Gets Overweight Rating From Piper Jaffray With The Expectation Of Average Sale of Apple Watch
Apple Inc. (NASDAQ:AAPL)’s Watch is one of the latest entrants in the wearable technology industry, an industry which has witnessed an average growth until now. Gene Munster, Piper Jaffray, reiterated overweight rating for the iPhone maker with a target price of $120. Despite of the warm welcome received by Apple Watch, Munster would rather maintain…
Yahoo! Inc. (YHOO), Liberty Interactive Corp (LINTA), AstraZeneca plc (ADR) (AZN): Top 3 New Stock Picks of Owl Creek Asset Management
Jeffrey Altman manages Owl Creek Asset Management, which started in June 2001 with best returns of 40% in 2007. It has a current portfolio of $2.03 billion with technology and service industry constituting majority of its current portfolio. Yahoo! Inc. (NASDAQ:YHOO), Liberty Interactive Corp (NASDAQ:LINTA), AstraZeneca plc (ADR) (NYSE:AZN) are the top three latest stock…
Micron Technology, Inc. (MU), Mead Johnson Nutrition CO (MJN), Twenty-First Century Fox Inc (FOX): Top Three Stocks of Azentus Capital Management
Morgan Sze is the manager of Azentus Capital Management and it is among one of the largest hedge funds of Hong Kong. It has a current portfolio of $184 million, as per its recent SEC 13F filing, with its primary focus in Technology industry and consumer goods sector. Micron Technology, Inc. (NASDAQ:MU), Mead Johnson Nutrition…
JPMorgan Chase & Co. (JPM) Faces Class Action Lawsuit in Mortgage-Based Securities
JPMorgan Chase & Co. (NYSE:JPM) is likely to face a class-action lawsuit in its mortgage-based securities sold before the 2009 financial crisis. As per the allegations, the bank misled its investors about the security of $10 billion worth of mortgage-based securities. Paul Oetken, U.S. District Judge in Manhattan, agreed to a class action against JPMorgan…
Cisco Systems, Inc. (CSCO)’s Top Management Including CEO Faces Compensation Cuts
In one of the most surprising revelations from Cisco Systems, Inc. (NASDAQ:CSCO), the top management including the CEO of the company had a decline in compensation in the latest fiscal, as mentioned in its latest SEC filing. John Chambers made a total of $16.5 million in the recent fiscal with a 22% decline from last…