In order to cover up for quarterly loss and control the operating cost of the airlines, United Continental Holdings Inc (NYSE:UAL) is offering an Enhanced Early Out Program to its flight attendants while paying up to $100,000 in severance money. United Continental Holdings Inc (NYSE:UAL) is likely to pay up to $100,000 to its flight…
Avanir Pharmaceuticals Inc (AVNR)’s Shares Touch New Heights on Successful Trial Results
The shares of Avanir Pharmaceuticals Inc (NASDAQ:AVNR) have soared after successful Phase II clinical trial results of AVP-923, which was successful in reducing the agitation of patients suffering from Alzheimer. Avanir Pharmaceuticals Inc (NASDAQ:AVNR) share prices soared by $5.75 and closed after a hike of 85.31 percent. According to the official press release from Avanir…
Facebook Inc (FB) Joins Hands with Leading Tech Giants to Introduce New Open Source Platform
After crossing the $200-billion capitalization mark earlier last week, Facebook Inc (NASDAQ:FB) launched an open source platform to help other companies follow their own open source paths. The tech-giant also introduced a new networking device at the conference held in San Francisco. TODO, “talk openly, develop openly”, is an open source collaboration project launched by…
On Track Innovations Ltd (USA) (OTIV) Gets a Boost from Apple Inc (AAPL)’s iPhone 6 Launch
Apple Inc (NASDAQ:AAPL) broke its previous record of pre-order sales with 4 million units booked within 24 hours of opening. Both iPhone 6 and iPhone 6 Plus have received an extraordinary response from the market. Amid the success of Apple Inc (NASDAQ:AAPL)’s iPhone 6, On Track Innovations Ltd (USA) (NASDAQ:OTIV) has turned out to be…
Yahoo! Inc. (YHOO) to Benefit From Alibaba’s New Price Range for IPO
Just two days before its first public offering on September 18, Alibaba Group Holding Ltd has raised its price range to $66 to $68 for its initial public offering. The company is likely to raise nearly $21.4 billion at the mid-point of this new range. Yahoo! Inc. (NASDAQ:YHOO) is likely to benefit from the raised…
Tesla Motors Inc (TSLA) Stumbles 9% Amid Growth Cautions From Analyst
Tesla Motors Inc (NASDAQ:TSLA)’s shares tanked 9% today after a Wall Street analyst raised questions about the growth of the electric carmaker. The analyst, Adam Jonas, issued a report focusing on some primary factors that might hamper the growth of Tesla Motors Inc (NASDAQ:TSLA) in future. Adam Jonas supported Elon Musk’s, CEO of Tesla Motors,…
Netflix, Inc. (NFLX) Starts European Expansion with First Launch in France
As a part of its European expansion plans, Netflix, Inc. (NASDAQ:NFLX) has launched its service in France. The move is primarily aimed to increase the revenue of the company by exploring new markets, especially in countries including Germany, Austria, Belgium, Luxembourg, and Switzerland. Introducing video streaming services in France is the biggest expansion until now…
Google Inc (GOOGL)’s Driverless Technology Not Welcomed by Major Automakers
Google Inc (NASDAQ:GOOGL) is the name that defines innovation in various aspects of life; let it be Google glasses, Android operating system or the evolving search industry. Driverless car is the latest addition to it. The target of Google is efficient, safe and enjoyable driving. However this time around, Google is not welcomed by the…
Ford Motor Company (F) Improves Vehicle Sales in Europe in First Eight Months of 2014
Ford Motor Company (NYSE:F) is finally getting a good response from the European market after six successive years of declining sales. The European subsidiary of the automobile giant has recorded 7% increase in vehicle sales during the first eight months of the fiscal year 2014. The primary reason for sale improvement is the Kuga sports…
Yahoo! Inc. (YHOO)’s Alibaba Rule Out Listing on NASDAQ to Avoid Facebook (FB)’s First IPO Fate
Just a week before the biggest IPO in the U.S. stock market history, Alibaba ruled out listing on NASDAQ primarily because of a suspicion in NASDAQ’s ability to handle the IPO. Irrespective of the fact that listing on NASDAQ could have helped Alibaba’s inclusion in NASDAQ 100 index making it mandatory for funds tracking the…