The shares of American Express Company (NYSE:AXP) slid nearly 2 percent in the after-hours trading post the announcement of fourth quarter 2014 financial results. Despite of an increase in revenue and net income, the investors seemed worried about the increasing expenses in addition to heightened growth expectations from the card issuer company. The credit card…
Are Facebook Inc (FB)’s Claims of Economic Benefit True/False?
Based on a survey conducted by Deloitte & Touche on its behalf, Facebook Inc (NASDAQ:FB) declared that in the past year it had been responsible for creating an economic impact worth $227 million on a global scale. The social networking site also claimed to have created as many as 4.5 million job opportunities the world…
Amazon.com Inc (AMZN) Follows in Google Inc (GOOGL)’s Footsteps to Embrace Green Energy
After Apple Inc (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN) took a step towards usage of green and renewable energy by partnering with Pattern Energy Group LP to build a wind farm in Benton County, Indiana. ‘Better late than never’ is the phrase that best describes Amazon’s decision in this context since this venture…
Netflix Inc (NFLX) A Good Option For Intra-Day Trading
Investors who bet in favor of Netflix Inc (NASDAQ:NFLX) about six months ago must be truly regretting their decision now that the stock has plunged by 25% of what its value in January, 2014, had been. Several reasons have been cited to explain this decline, primary amongst which is the pressure on the company to…
Sprint Corp (S) To Take Over RadioShack Corporation (RSH) Stores
Sprint Corp (NYSE:S) is negotiating with RadioShack Corporation (NYSE:RSH) to acquire leases on some of its more than 4,000 stores. In a Bloomberg report, an unnamed source said that the lease agreement would be a part of RadioShack’s bankruptcy plan, as the ailing electronics retailer is working on a restructuring plan. Having endured losses for…
Google Inc (GOOGL) Investing $1 Billion in SpaceX for Satellite Internet
Google Inc (NASDAQ:GOOGL) is poised to invest as much as $1 billion in rocket maker Space Exploration Technologies Corp. in its bid to provide low cost internet connection to billions of people around the world who don’t have access to the web yet. The investment from the search giant would value SpaceX, which is backed…
How About Going Short on Facebook Inc (FB)?
Subsequent to having peaked in December, 2014, wherein its share value exceeded all expectations and touched $81.5, Facebook Inc (NASDAQ:FB) has since dropped and is currently poised at $74.5 per share. Therefore, the question arises if going short on this stock would be a wise decision. Carter Worth compared this stock to other names which…
Citigroup Inc (C) Projects Israel Growth on Tech Mergers and Acquisitions
Citigroup Inc (NYSE:C) Israel projects growth driven by mergers and acquisitions in the Israeli technology industry. According to Citigroup Israel CEO Neil Corney, the country’s high tech industry has an active scene of mergers and acquisitions, with tech giants such as Google Inc (NASDAQ:GOOGL) and Cisco Systems, Inc. (NASDAQ:CSCO) doing a shopping spree for Israeli…
PepsiCo Inc (PEP) Uses Diplomacy to Wriggle Out Of Trian Fix
Having a waged a war with activist investor Nelson Peltz’s Trian Fund Management LP for two years, PepsiCo Inc (NYSE:PEP) appointed its long-time advisor William R Johnson as an independent director to its board on Friday, 16th January, 2015. Market sentiment hopes that it would augur ‘all’s well that ends well’ scenario wherein both parties…
Google Inc (GOOGL) to Compete with Apple Inc. (AAPL) Pay thru SoftCard Acquisition
Google Inc (NASDAQ:GOOGL) is headed towards bracing its own wallet to be able to compete with Apple Inc. (NASDAQ:AAPL) Pay by acquiring Softcard, a mobile payments company. Similar to Apple Pay, Softcard uses NFC technology that allow users of Android and Windows phones to make mobile payments for purchases through its app, and the company claims…