In one of his recent investor suggestions, Jim Cramer highlighted the sector, which benefits from lower fuel prices i.e. the cruise lines. With the fuel prices starting to go down, Cramer rearranged his favorite stocks in the cruise line industry with Royal Caribbean Cruises Ltd (NYSE:RCL), Carnival Corporation (NYSE:CCL), and Norwegian Cruise Line Holdings Ltd…
Advanced Micro Devices, Inc. (AMD) Sticks to “Hold” at TheStreet, Increasing Selling Pressure
Advanced Micro Devices, Inc. (NYSE:AMD) lost 3.94% in yesterday’s trading session closing at $3.41. The shares of the chip company had twice the regular trade volume with as many as 50 million shares exchanged during the day. TheStreet team reiterated its “hold” rating for the company. TheStreet Ratings team added, “The company’s strengths can be…
eBay Inc (EBAY)’s Shares Skyrocket Post PayPal Spinoff Decision, Investors Applaud the Move
The shares of eBay Inc (NASDAQ:EBAY) skyrocketed after the company agreed to spin off its online payment division, PayPal. The market as well as investors has welcomed the decision, which will help the e-commerce giant to focus on its core business and offer more growth opportunities for PayPal in the evolving online payment industry. Carl…
Yahoo! Inc. (YHOO) Worth More Post Breakup Says Gabelli & Co.
It has been a really difficult time for both Marissa Mayer and Yahoo! Inc. (NASDAQ:YHOO), as the activist investors raise pressure for a potential merger. According to the investment advisory firm, Gabelli & Co., the last decade Internet giant is worth more if broken into meaningful businesses. Starboard Value LP raised its pressure on Yahoo!…
Vimicro International Corporation (ADR) (VIMC) Shares Soar Higher After Government Contract
The shares of Vimicro International Corporation (ADR) (NASDAQ:VIMC) witnessed steep increase in share prices after the company won a major government contract. Shares of the company rose 8.75% to close at $9.94, although the shares slipped 4 cents in the after-hours trade. The video surveillance company along with Shanxi Zhongtianxin Science and Technology Co. Ltd.…
QUALCOMM, Inc. (QCOM), United Technologies Corporation (UTX), McGraw Hill Financial Inc (MHFI): Top Investments of Rit Capital Partners
Rit Capital Partners has a current portfolio of $181 million, according to its recent SEC 13F filing, with Jacob Rothschild as its manager. The fund has it primary focus in technology, conglomerates, and service industry. QUALCOMM, Inc. (NASDAQ:QCOM), United Technologies Corporation (NYSE:UTX), McGraw Hill Financial Inc (NYSE:MHFI) are the top three investments of Rit Capital…
Netflix, Inc. (NFLX), Adobe Systems Incorporated (ADBE), Palo Alto Networks Inc (PANW): Top 3 New Stocks of Partner Fund Management
Christopher Medlock James manages Partner Fund Management with current portfolio exceeding $5 billion and 0.91% portfolio change in the last quarter, as per its latest SEC 13F filing. Partner Fund Management has its primary investments in Service and Healthcare industry. Netflix, Inc. (NASDAQ:NFLX), Adobe Systems Incorporated (NASDAQ:ADBE), Palo Alto Networks Inc (NYSE:PANW) are the top…
Facebook Inc (FB) “Buy” Button and Apple Inc (AAPL)’s Apple Pay Might Make Credit Cards Obsolete Within A Decade
The increasing interest in online payment methods by major social media giants including Facebook Inc (NASDAQ:FB), Apple Inc (NASDAQ:AAPL), and Twitter Inc (NYSE:TWTR) is an alarm for the banking industry to upgrade its existing payment methods. According to a report from Daily Mail Online, social media platforms would play a major role in banking in…
Yahoo! Inc. (YHOO)’s CEO Under Huge Pressure from Activist Investors to Improve Growth
Being the CEO of Yahoo! Inc. (NASDAQ:YHOO) has not been an easy task for Marissa Mayer who is facing a continuous pressure from investors to improve company’s performance. Starboard Value LP is among the latest challengers who are demanding for a merger of Yahoo! Inc. (NASDAQ:YHOO) and AOL, Inc. (NYSE:AOL). Alternative Investment Management & Research…
Apple Inc (AAPL)’s iPhone 6 Might Touch 70 Million Mark in CQ4, BlueFin Reiterates Positive View on The Company
In one of the latest analyst releases about Apple Inc (NASDAQ:AAPL), John Donovan and Steve Mullane, BlueFin Research Partners, said that the sales of iPhone 6 are much better than the expectations and increase in supplier inquiries are reflecting an expected high-growth in iPhone 6 demands. It is expected that the demand of Apple Inc…