After a disastrous year with 2.6 million recalls, General Motors Company (NYSE:GM) is eyeing better profit margins and growth in 2015. The total charges for the recalls and regulatory settlements stood near $3 billion in 2014. The car manufacturer is ready to increase its capital expenditures to $9 billion in 2015 with experts considering it…
Tesla Motors Inc (TSLA)’s Shares Took Biggest Single-Day Fall in More Than Two Months amid Declining China Sales
The last quarter was not the best period for Tesla Motors Inc (NASDAQ:TSLA) and its CEO after the company lost over 28 percent of its share value since September 2014. After a remark from the CEO concerning the falling sales in China and the profitability deferred to 2020, the electric carmaker lost over 5 percent…
Apple Inc. (AAPL) And Google Inc (GOOGL) Along With Top Tech Firms Might End Up Paying More In Employee Poaching Conspiracy
Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Adobe Systems Incorporated (NASDAQ:ADBE), and Intel Corporation (NASDAQ:INTC) are the four latest tech giants that are being accused of conspiring in proximity to control job mobility and control employee salaries. According to the plaintiffs, these tech firms worked together to avoid poaching one another’s employees and it helped the…
GameStop Corp. (GME)’s Shares Soar In Excess of 6 Percent Post Higher Same-Store Sales in December
The shares of the video game products retailer, GameStop Corp. (NYSE:GME), jumped 6.50 percent in the extended hour trading session pushing the shares to $34.90. The jump in share prices is primarily a result of the higher same-store sales of the company in December 2014. GameStop registered an increase of 4.4 percent in its same-store…
Airbus Group NV (AIR) Devises New Jet Production Strategy, Books Record Orders in 2014
It was an excellent year for Airbus Group NV (EPA:AIR) as the group bagged more jet orders than its rival Boeing Co (NYSE:BA). However, the company did come second in jet deliveries, which is the point of discussion in Airbus management. The jetliner announced stability in its supply chain and the company is likely to…
Facebook Inc (FB) Ready to Contribute More Towards Social Welfare, Plans Missing Children Alerts In Social Feeds
In one of the most noble actions ever taken be a technology giant, Facebook Inc (NASDAQ:FB) is ready to feed missing children alerts to its U.S. users. The social network has more than 140 million daily users in the United States making this effort an excellent channel for help. The social networking company has collaborated…
Boeing Co (BA) And Airbus Group NV (AIR) Compete Toe-to-Toe On Orders And Deliveries, Boeing Denies Plans For Long Range 737
The business world is all about competition and the most recent one making rounds in the market involves two of the largest jet manufacturers of the world, Boeing Co (NYSE:BA) and Airbus Group NV (EPA:AIR). According to the latest reports, Boeing said that it is not planning to compete with Airbus over the long-range 737…
Alibaba Group Holding Ltd (BABA) Signs Deal With U.S. Consumer Safety Authority to Prevent Sales Of Unsafe Toys
Alibaba Group Holding Ltd (NYSE:BABA) is one of the biggest global retailers with more transactions than both Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) combined. The ecommerce giant has signed a deal with the U.S. consumer watchdog, the U.S. Consumer Product Safety Commission (CPSC), to block the sales of dangerous toys in the U.S. What…
Apple Inc. (AAPL) Might Explore Wearable Camera Industry, Gets Patent For Mountable Camera
In its quest of making innovative products, Apple Inc. (NASDAQ:AAPL) was given a patent for mountable sports camera much similar to that of GoPro Inc (NASDAQ:GPRO)’s devices. What is interesting is the fact that the shares of GoPro fell in excess of 12 percent after the announcement. In its application for a mountable sports camera,…
SanDisk Corporation (SNDK)’s Shares Tumble Down Amid Lower Revenue Forecast from Storage Device Company
The shares of SanDisk Corporation (NASDAQ:SNDK) fell over 13 percent closing at $83.57 after a poor revenue forecast from the company. The primary reason involves poor sales figures for its flash memory storage products and other retail supplies. The memory chipmaker said yesterday that its revenue figures are likely to end upon the lower end…