GoPro Inc (NASDAQ:GPRO) had an excellent day with an increase of 7.66% in its share prices closing at $78.46. However, the company is facing strong competition with Polaroid and HTC Corp (TPE:2498) releasing individual products. Polaroid is the latest competitor with “Cube” action-camera designed for kids. Against the current Hero Series from GoPro Inc (NASDAQ:GPRO),…
Apple Inc. (AAPL) Surrounded with Technical Glitches in iPhone 6 and Customer Complaints
After the successful launch of the latest version of iPhone with over 10 million sales in the first week, Apple Inc (NASDAQ:AAPL) is facing consumer aggression over software update and bending issues. The latest software update by Apple Inc (NASDAQ:AAPL), iOS 8.0.1, lead to the loss of cellular services for most of the customers. Majority…
Amazon.com, Inc. (AMZN)’s Digital Music and Video Head to Leave By the End of 2014
As told by a company spokeswoman, the head of Digital Music and Video is likely to leave Amazon.com, Inc. (NASDAQ:AMZN) by the end of the year. The VP is to leave the company for unknown reasons. One of Amazon.com, Inc. (NASDAQ:AMZN)’s Vice President, Bill Carr, is going to leave the company by the end of…
General Motors Company (GM) Starts Offering Compensation to the Faulty Ignition Switch Victims
General Motors Company (NYSE:GM)’s compensation fund for the victims of accidents resulting from a faulty ignition switch has started making offers for the valid claims. The company made compensation cash offers to as many as 15 people during this week. As of now, General Motors Company (NYSE:GM) has received 850 claims until last Friday including…
Google Inc (GOOGL) in Trouble with Street View Cars Accidental Private Data Collection
Google has always caught the eye of authorities for its data collection practices and in a similar case, Google Inc (NASDAQ:GOOGL) is facing a potential threat in an unprecedented corporate wiretapping case. As many as 22 people sued Google for capturing private data through their Street View Cars from private Wi-Fi networks. The San Francisco…
BlackBerry Ltd (BBRY) Aims Mobile Business Professionals With Passport Smartphone
BlackBerry Ltd (NASDAQ:BBRY) unveiled its latest Smartphone in the market- Passport- targeting mobile professionals that intends to make them much more productive on the go. BlackBerry Ltd (NASDAQ:BBRY) has produced a device that offer mobile tools for business professionals without losing on the style factor. The CEO of BlackBerry Ltd (NASDAQ:BBRY), John Chen, said, “As…
Bank of America Corp (BAC), Bancorp Inc (TBBK), NewStar Financial Inc (NEWS) Among Top 3 Investments of Second Curve Capital
A long-term financial expert, Tom Brown, manages Second Curve Capital with a current portfolio value of $333 million and the fund primarily focuses over the finance sector, as per the recent SEC 13F filing. Second Curve Capital has 86.3% investments in finance, although it reported loss of 19.06% in the last four quarters. NewStar Financial…
Apple Inc. (AAPL), Facebook Inc (FB), Intel Corporation (INTC) Among Top Stock Picks of Tekne Capital Management
Tekne Capital Managementis primarily a technology-based fund with majority of its investments in the technology sector and it has a portfolio value of $2.92 billion, as per its latest SEC 13F filing. Tekne Capital had returns of 11.41 percent for the quarter ending on June 30, 2014 with net returns of 6.41 percent for the…
Galmed Pharmaceuticals Ltd (GLMD) Surged 37.8% After FDA Approval for Fast Track Designation of NASH Drug
It was an excellent day for Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) with a 37.81 percent increase in its share prices closing at $8.93. Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) announced that the biopharmaceutical has received fast track designation for its NASH treatment drug, Aramchol, from the FDA. Fast Track Designation is given to the drugs developed for the…
BlackBerry Ltd (BBRY) Plummets 3.39% Post Lower Ratings From Cormark Securities
BlackBerry Ltd (NASDAQ:BBRY) shares were down by 3.39% after Cormark Securities downgraded its rating to “market perform.” The company is likely to announce its second quarter 2014 earnings later this week. Cormark Securities issued their latest “market perform” rating for BlackBerry Ltd (NASDAQ:BBRY) pushing its shares down from an earlier “speculative buy” rating with a…