In a series of attempts to revive its ailing profit margins, U.S. Postal Service is all set to deliver grocery items to personal residences. USPS asked for permission from the Postal Regulatory Commission over the matter and the agency is likely to go for a two-year test run. According to USPS, this initiative is likely…
Yahoo! Inc. (YHOO) Receives AOL, Inc. (AOL) Merger Advice From Activist Investor Starboard Value LP
Activist investor Starboard Value LP announced on Friday that it has acquired a major stake in Yahoo! Inc. (NASDAQ:YHOO) and the fund wrote a letter to the CEO, Melissa Mayer, of Yahoo suggesting a merger with AOL, Inc. (NYSE:AOL). Starboards Value LP emphasized that Yahoo! Inc. (NASDAQ:YHOO) should monetize its Asian assets including Yahoo Japan…
Facebook Inc (FB) to Follow Twitter Inc (TWTR) with “Buy” Button, Partners with Stripe
After Twitter Inc (NYSE:TWTR)’s “Buy” button, it is time for Facebook Inc (NASDAQ:FB) to add “Buy” buttonon its social media platform. Facebook Inc (NASDAQ:FB) is to collaborate with payment startup Stripe for introducing payment option. Facebook Inc (NASDAQ:FB) is rumored to use Stripe for powering its Buy button integrated in the adverts and posts over…
Alibaba Group Holding Ltd (BABA) Options Trade Set for Market Debut Amid Strong Demand
After claiming the world’s biggest IPO tag, Alibaba Group Holding Ltd (NYSE:BABA)’s stock options will make their market debut on Monday. Experts are speculating that the initial period would be busy, pricey, and even choppy. Option traders are expecting heavy Puts and Calls for Alibaba after its extraordinary IPO collection. Alibaba Group Holding Ltd (NYSE:BABA)…
Intel Corporation (INTC) Eyes Spreadtrum Communications Inc’s Parent Company with $1.5 Billion in Investments
In an attempt to breach the Chinese chip market, Intel Corporation (NASDAQ:INTC) has agreed to invest $1.5 billion in Tsinghua Unigroup Ltd. owner of Spreadtrum Communications Inc. and RDA Microelectronics Inc. Intel Corporation (NASDAQ:INTC) will own 20% stake in Tsinghua Unigroup Ltd. and it shows Intel’s desperation to move into the Smartphone chip market and…
Cramer’s Top 3 Giant Picks: Microsoft Corporation (MSFT), Apple Inc. (AAPL), Google Inc (GOOGL)
Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL) fall under the top giant stock picks from Jim Cramer. Cramer has mentioned several times in the past few days that a little decline in tech stocks and giant stocks is because of the Alibaba Group Holding Ltd (NYSE:BABA)’s IPO, as the money has to come…
Cramer’s Favorite Tech Picks: Yahoo! Inc. (YHOO), Facebook Inc (FB), Google Inc (GOOGL)
Technology sector is among the most active industries, especially with the World’s biggest IPO being registered against the name of an e-commerce company, Alibaba Group Holding Ltd (NYSE:BABA). Jim Cramer is technology lover and Yahoo! Inc. (NASDAQ:YHOO), Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOGL) are among his top tech stock picks of the past 30 days.…
GoPro Inc (GPRO) Soars Amid Higher Competition from Polaroid And HTC Corp (2498)
GoPro Inc (NASDAQ:GPRO) has had an excellent run since its initial public offering and the action-camera maker has witnessed 150% increase in its share prices in the past three months. However, the astonishing success achieved by GoPro Inc (NASDAQ:GPRO) in the industry has attracted several players with new products including Polaroid and HTC Corp (TPE:2498).…
Facebook Inc (FB) Likely to Win EU Approval for Acquiring WhatsApp
In the latest EU approval battle between Facebook Inc (NASDAQ:FB) and telecom operators, Facebook Inc (NASDAQ:FB) is likely to get an unconditional approval for its acquisition of WhatsApp for $19 billion. The acquisition of WhatsApp will help Facebook Inc (NASDAQ:FB) move ahead in the competitive mobile market while inheriting 450 million customers of the mobile…
Ford Motor Company (F) Surpassed Its Hiring Pledge with UAW after 14,000 Hires
Ford Motor Company (NYSE:F) surpassed its pledge to hire 12,000 domestic workers in the next three years and it reached 14,000 after its announcement to add 1,200 jobs in the Kansas City Assembly Plant. In its contract with the United Auto Workers union in 2011, Ford Motor Company (NYSE:F) promised to hire 12,000 workers and…