Cypress Semiconductor Corporation (NASDAQ:CY), Apple Inc. (NASDAQ:AAPL), ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) are the top three favorite stock picks of Jim Cramer and he has mentioned each of these stocks at least three times in the last 30 days. Cypress Semiconductor Corporation (NASDAQ:CY) is the hot stock in Cramer’s list and he has mentioned the stock…
Google Inc (GOOGL)’s Price Target Cut By Credit Suisse Group AG (ADR) (CS), Analysts Bullish Before Quarterly Earnings
Google Inc (NASDAQ:GOOGL) did not had an excellent financial year with lower than expected growth in all four previous quarters. Just ahead of its fourth quarter earnings release, Credit Suisse Group AG (ADR) (NYSE:CS) has cut the price target for search engine company to $700 from previous $722. Despite of the lowly financial year, some…
Amazon.com, Inc. (AMZN) Awaits Luxembourg Tax Probe Announcement From European Commission, ‘State aid’ Offered to The Retailer
In the recent turn of events concerning Amazon.com, Inc. (NASDAQ:AMZN)’s Luxembourg tax probe, the European Commission is likely to release details on Friday. The retailer joined the likes of Apple Inc. (NASDAQ:AAPL) and Starbuck Corporation (NASDAQ:SBUX) in October last year as each of these companies are under EU’s scanner for their tax practices. The primary…
Target Corporation (TGT) Ready to Leave Canada After Losing Money for Two Years, Closes All 133 Stores
After incurring losses in its Canadian operations for over 2 years, Target Corporation (NYSE:TGT) has finally decided to terminate operations in Canada. The statement came right from the CEO of Target announcing the closure of 133 Canadian stores and more than 17,000 employees at the Canadian subsidiary of the retailer are likely to lose their…
Apple Inc. (AAPL) Gets Open Challenge from Chinese Smartphone Maker Xiaomi, ‘Apple of China’ Released Mi Note At One-Third Prices
Apple Inc (NASDAQ:AAPL) has received an open challenge from the Chinese smartphone maker Xiaomi, which released its flagship Mi Note smartphone at prices much lower than that of iPhone 6 Plus. The cheaper smartphone could hamper the iPhone maker’s efforts to increase its market share in the Chinese market. Xiaomi released Mi Note Pro smartphone…
BlackBerry Ltd (BBRY) Attracts Offers from Major Groups Including Samsung Electronics Co Ltd (005930)
The smartphone maker, BlackBerry Ltd (NASDAQ:BBRY), working on its turnaround plan is the latest company to receive multiple acquisition proposals including one from Samsung Electronics Co Ltd (KRX:005930). However, the company is likely to turn down the acquisition offers for its turnaround bets. According to the recent insider discussions, Samsung Electronics Co Ltd (KRX:005930) is…
BP plc (ADR) (BP)’s Oil Spill Fines Cut to $13.7 Billion Against Earlier $18 Billion Government Estimate
The shares of BP plc (ADR) (NYSE:BP) witnessed slight positive movement in the extended hour trading after a U.S. judge ruled out the $18 billion fine settlement from the government and restricted maximum fines to $13.7 billion. At the same time, the judge overruled government’s estimate of 4.2 million barrels of oil spill. In the…
JPMorgan Chase & Co. (JPM) Reports Lower-Than-Expected Profits in Fourth Quarter 2014, CEO Targets Regulators for Tough Business Environment
After taking a hit on its net income primarily because of the high litigation expenses, JPMorgan Chase & Co. (NYSE:JPM)’s CEO targeted the increasing government scrutiny in business. The largest bank of America, in terms of assets, reported record annual net income for fiscal 2014 along with legal expenses of $990 million for the fourth…
Google Inc (GOOGL) Facing Legal Dispute From Max Mosley, Mosley Accused Search Engine of Listing Sex Party Images
Google Inc (NASDAQ:GOOGL) has attracted dozens of privacy lawsuits in the last few years and this time, the search engine giant is under a legal dispute with former motor racing chief Max Mosley. Mosley filed a case in London High Court accusing the search engine giant of showing images of him in a sex party.…
Facebook Inc (FB)’s Free Internet Mobile App Goes Live in Columbia, Internet.org Project Likely to Cover The Whole Region
In its efforts to maximize online connectivity throughout the world, Facebook Inc (NASDAQ:FB) launched its mobile app that provides free access to particular web services in Columbia. The CEO of Facebook joined the Internet.org project to provide affordable internet access in developing countries. The mobile app offers free access to some online services including Wikipedia,…