Monday, 15th December, 2014, was a good day for Twitter Inc (NYSE:TWTR)’s stock since it recorded an increase in value courtesy of a positive rating by JMP Securities. As per JMP, the go-ahead was based on six major factors and an upside target of $49 was also mentioned in the report, causing the stock to…
The Coca-Cola Co (KO) CEO Kent Should Step Down for Blunders: Wintergreen
The Coca-Cola Co (NYSE:KO) CEO Muhtar Kent “have destroyed shareholder value”, according to a statement from Wintergreen Advisers, an investment firm that owns 1 percent share in Coca Cola, in an analysis it released concerning the beverage maker’s performance. Saying that Kent “is incapable of leading coke’s turnaround and should be replaced”, Wintergreen have argued…
GT Advanced Technologies Inc (GTATQ) Shares Jumped Nearly 50 Percent Post A Favorable Settlement With Apple Inc. (AAPL)
GT Advanced Technologies Inc (OTCMKTS:GTATQ) investors could take a sigh of relief after the bankruptcy court approved a settlement adding at least $50 million to the previous settlement deal. The sapphire maker is decoupled from the iPhone maker, Apple Inc. (NASDAQ:AAPL), through this settlement and the company would retrace its business back to sapphire production.…
Exxon Mobil Corp (XOM) Emerges As an Attractive Investment Option
In its latest update that was released on Monday, 15th December, 2014, Wall Street upgraded Exxon Mobil Corp (NYSE:XOM) from its ‘Underperform’ status and elevated it to ‘Market Perform’ category. As a result of this upgrade, the price target was also revised from its current levels of $85 to $95, thus rendering it an attractive…
Bankers Being Trained To Handle Twitter Inc (TWTR) Correctly
With it upper limit of 140 characters, Twitter Inc (NYSE:TWTR) may describe itself as a micro-blogging site but that does not take away anything from the intensity of impact which its messages can cause. For any professional, especially bankers and financial experts, 140 characters are more than enough to bring about a financial debacle or…
Apple Inc (AAPL)’s Contracts Raise More Than Eyebrows in Canada
As a result of an investigation that was initiated almost nine months ago, Competition Bureau in Canada, an antitrust outfit, filed a request in the court on Tuesday, 9th December, 2014, wherein it has asked for submission of Apple Inc (NASDAQ:AAPL)‘s company records which are relevant to its investigation. The Bureau suspects that the California…
Petroleo Brasileiro Petrobras SA (PBR) Risks Losing International Bond Funding Due to Corruption
Petroleo Brasileiro Petrobras SA (NYSE:PBR), the state controlled oil company of Brazil, is facing the risk of being left out of the capital markets even as the corruption probe currently besetting the company reveals that it is deeply entrenched in a wide corruption scandal. Reuters reports that an early repayment of bonds amounting to $11…
Twitter Inc (TWTR)’S Downward Trend Justifies Going ‘Long’
As Twitter Inc (NYSE:TWTR) closed below $37 for the first time on Wednesday, 10th December, 2014, analysts could not help putting the stock under the scanner, considering that it has tumbled by over 30% during as short a time-frame as the last three months. At the end of the trading session, the stock was poised…
Wal-Mart Stores, Inc. (WMT) Appoints Veteran as New U.S. COO
Wal-Mart Stores, Inc. (NYSE:WMT) announced the appointment of Judith Mckenna as its new U.S. COO, to succeed Gisel Ruiz, who was appointed to the post of executive vice president of Wal-Mart’s international people division. The appointments, which are effective immediately, is a part of the company’s reshuffling of top management under the tenure of U.S.…
Alibaba Group Holding Ltd (BABA)’s Compatibility with American Investors Market
How compatible is Alibaba Group Holding Ltd (NYSE:BABA) with the American investment scenario? Subsequent to the dream IPO that the Chinese online retail giant had on the New York Stock Exchange, doubts were raised by an American billionaire, Mark Cuban, as to its vulnerability towards insider trading courtesy of its communist origins. It was on…