Twitter Inc (NYSE:TWTR) is keen on winning advertisers to use its platform, and the social media network’s latest effort towards that goal is through a presentation made at the International Consumer Electronics Show in Las Vegas. Through the “Tweet Suite”, which is actually a hotel suite decked with Twitter’s bird logos as well as giant screens…
Verizon Communications Inc. (VZ) Denies Acquisition of AOL, Inc. (AOL)
Verizon Communications Inc. (NYSE:VZ) CEO Lowell McAdam denied that the company is into efforts of acquiring AOL, Inc. (NYSE:AOL). In a statement made at an investor’s conference, McAdam noted that suggestions of “significant acquisition discussions isn’t accurate.” A report by Bloomberg cited unnamed sources as saying that Verizon is into a planned expansion of its…
Facebook Inc (FB) Draws Skepticism in Options Market for 2015
Facebook Inc (NASDAQ:FB) is drawing skeptical outlooks in the options market for 2015, after rallying to a surge of as much as 195 percent in two years. The social media giant, which recorded a 14 percent surge last year, is facing the challenge of continued growth, according to Eurof Uppington of Lombard Odier Investment, in…
JPMorgan Chase & Co. (JPM) Better Off If Broken Down Into Multiple Companies, Says Goldman Sachs Group Inc (GS) Analyst
In one of the surprising reports about JPMorgan Chase & Co. (NYSE:JPM), an analyst at Goldman Sachs Group Inc (NYSE:GS) said that the bank could boost its share prices by breaking up into multiple financial institutions. The analyst proposed a breakup into two or four financial institutions to bring down the capital requirements as per…
American Airlines Group Inc (AAL) to Raise Pilots’ Pay Starting at 23% After Union Ratifies Contract
American Airlines Group Inc (NASDAQ:AAL) is set to raise the pay rate of its pilots by an initial 23 percent, with additional 3 percent annual raises accruing each year covering a five year term contract. Union leaders, representing the Allied Pilots Association, have accepted the five year agreement with American Airlines, and union members will…
Apple Inc. (AAPL) Resume iPhone Sales in Russia at 35% Price Hike Amidst Devaluating Ruble
Apple Inc. (NASDAQ:AAPL) resumes its online sales operations in Russia after a halt of almost two weeks, but the company has boosted Russian prices of its products on account of ruble’s decline against the dollar, which makes the earnings of U.S. companies operating in Russia lesser in dollar value. Factors such as falling oil prices…
One Good Reason for Holding On To Tesla Motors Inc (TSLA)’s Shares
After having been on the receiving end for the last three trading sessions, shares of Tesla Motors Inc (NASDAQ:TSLA) surged on Wednesday and are expected to continue upward if analysts’ predictions are anything to go by. Downtrend in the company’s performance was attributed to plummeting oil prices and the logic was that since people could…
Oracle Corporation (ORCL) Vouches For Optimism in Holiday Season Spirit
There were some surprises when CNBC released a list of stocks which continued to create a stir after the gong of the closing bell had been sounded on Wednesday, but one that topped them all was mention of Oracle Corporation (NYSE:ORCL). As a result of earnings report of the tech wizard being better than Wall…
General Electric Company (GE) Takes a ‘Pragmatic’ View of Earnings Report
‘Pragmatic’ is how General Electric Company (NYSE:GE) describes its outlook towards the expected earnings in 2015, according to CNBC. In a broadcast anchored by Mary Thompson, the company announced that in spite of oil prices plunging southward had hit its bottom line it was still poised for good things to come. One of the upsides…
Apple Inc (AAPL) Deserts Russia over Ruble Fluctuations
As per CNBC, Russian customers who might have been shopping for online for Apple Inc (NASDAQ:AAPL)’s products were met by a surprise message saying that all online sales to that country had been put on halt till further notice. Attributing this latest and drastic development to unprecedented Ruble fluctuations which shook the currency market on…