Sprint Corporation (NYSE:S) is all set to expand its wireless network with more partners post the collapse of T-Mobile US Inc (NYSE:TMUS) deal. The CEO of Sprint, Marcelo Claure, announced that the company is looking for more partners for wireless network expansion. In a conference organized by Goldman Sachs Group Inc (NYSE:GS), Claure said, “We…
Yahoo! Inc. (YHOO) in Legal Troubles Over Avoiding $2.7 Billion Judgment
Seems like Yahoo! Inc. (NASDAQ:YHOO)’s best days are endangered by two Mexican companies who have sued Yahoo along with Baker & McKenzie, law-firm, for avoiding a $2.7 billion judgment given by a Mexico court in 2012. The two companies filing the lawsuit in New York Federal court include Ideas Interactivas S.A. de C.V. and Worldwide…
Mastercard Inc (MA) Lost Cross-border Fee Claim Against European Commission in EU Court
In one of the latest developments over interchange card fees, Mastercard Inc (NYSE:MA) lost against the European Commission, as the European Court of Justice backed European Commission over their proposed ban on cross-border fee charged by Mastercard. In 2007, the European Commission stated that the interchange fees charged by Mastercard Inc (NYSE:MA) for cross-border transactions…
T-Mobile US Inc (TMUS) Offers Wi-Fi Calling and Texting Service to its Customers
In its efforts to improve customer experience, T-Mobile US Inc (NYSE:TMUS) is offering Wi-Fi calling and texting services to its clients. It will allow customers to stay in touch even at dead spots, especially in office and home buildings. T-Mobile US Inc (NYSE:TMUS) introduced a signal booster device, Personal CellSpot, device that would help customers…
RadioShack Corporation (RSH) to Get New Loan from UBS AG and Standard General LP
RadioShack Corporation (NYSE:RSH) is likely to get some help from UBS AG and Standard General LP in avoiding potential bankruptcy. The electronics retailer is likely to use this money to settle its debts and arrange credit sources for inventory build-up for the holiday season. RadioShack Corporation (NYSE:RSH) has been operating on life-support fort quite a…
Yahoo! Inc. (YHOO): Is It The Right Time To Dump Yahoo’s Shares?
With the IPO of Alibaba Private Holdings around the corner, Yahoo! Inc. (NASDAQ:YHOO) is the right stock to have in your portfolio. However, the situation was quite different a few weeks back when several investors supported the idea to abandon Yahoo and get the shares of Alibaba itself. The primary reason behind the rumor was…
Facebook Inc (FB) Surpasses International Business Machines Corp (IBM) and The Coca-Cola Company (KO) in Market Capitalization
Facebook Inc (NASDAQ:FB) is, for all reasons, the biggest name in social media for past several years and the tech-giant has added another feather to its hat. Facebook Inc (NASDAQ:FB) has surpassed both International Business Machines Corp (NYSE:IBM) and The Coca-Cola Company (NYSE:KO) in terms of market capitalization. Facebook Inc (NASDAQ:FB) has become the fastest…
Tesla Motors Inc (TSLA) Is Waiting For The Decision Of Nevada About $1.3 billion Tax Incentives
After winning the race to bag the world’s largest Gigafactory, it is time for the state authorities to decide tax incentives for Tesla Motors Inc (NASDAQ:TSLA). Nevada announced tax incentives worth $1.3 billion earlier this month with the prospects of over $100 billion in future returns from the state over the next 20 years. As…
Bank of America Corp (BAC) Transforming into a Bullish Options Trade
Goldman Sachs Group Inc (NYSE:GS) upgraded the stock rating of Bank of America Corp (NYSE:BAC) on Monday to “Buy” against the previous “Neutral” rating. It makes one of the most interesting transformations of the stock market post the financial crisis. The shares of Bank of America Corp (NYSE:BAC) witnessed an upward rally after the announcement…
Yahoo! Inc. (YHOO) Might Profit From Online Mobile Games Market in China With Alibaba
Ahead of its potential IPO on September 18, Alibaba Group Holding Ltd is all set to breach the mobile games market with aggressive acquisitions and development facilities. Mobile game development will help the company excel in the highly competitive Chinese Internet market. This might help Yahoo! Inc. (NASDAQ:YHOO) to earn more with its Alibaba investment.…