After an amazing response for its iPhone 6 event, Apple Inc. (NASDAQ:AAPL) is all set to reignite the demand of its iPad devices at the October 16 event. The iPhone maker may come out with more news about Mac computers and its latest Mac operating system. Apple is likely to hold the event on October 16 at…
Tesla Motors Inc (TSLA) Comes Out in Style with All-Wheel Model S Drive, Pioneered ‘Autopilot’ Feature
After Tesla Motors Inc (NASDAQ:TSLA)’s CEO teasing customers about its latest announcement, the company justified the hype with its latest all-wheel Model S along with automated driving features. The electric car maker introduced Model “D” with dual motor for better drive control. In its much awaited announcement, Elon Musk, CEO of Tesla Motors, offered an…
The Coca-Cola Company (KO) Rises Record High As Investors Go For Stability
The Coca-Cola Company (NYSE:KO) has been posting highs in market trading this week as investors run away from the highly volatile stocks to join the company, which is believed to be stable. The company has recently had financial struggles, but that hasn’t put off investors who feel that the stock is a long term stable.…
Anadarko Petroleum Corporation (APC), Exxon Mobil Corporation (XOM), Johnson & Johnson (JNJ): Top Stock Holdings of Woodstock Corp
Woodstock Corp has a current portfolio value of $519 million with Anadarko Petroleum Corporation (NYSE:APC), Exxon Mobil Corporation (NYSE:XOM), Johnson & Johnson (NYSE:JNJ) being its top three stock holdings, as per its recent SEC 13F filing on October 6, 2014. Woodstock Corp was founded in 1929 in Boston, Massachusetts and its top 10 stock holdings…
PepsiCo, Inc. (PEP) Reports Third Quarter 2014 Results, Increases Profit Outlook for the fiscal
PepsiCo, Inc. (NYSE:PEP) increased its profit outlook for 2014 after releasing its third quarter 2014 financial results. The results are better than the market expectation with growth in net revenue as well as core gross margins of the company. PepsiCo announced net revenues of $17.21 billion for third quarter 2014 with an operating profit of…
Apple Inc (AAPL)’s CEO Receives letter From Icahn, Says Apple Shares Sell at Half-Price
Icahn Capital LP’s owner and billionaire investor Carl Icahn wrote a letter to Apple Inc (NASDAQ:AAPL)’s CEO saying that the shares of the company are undervalued and are selling at half of their justified price. In his letter to Tim Cook, Apple CEO, Icahn appreciated the management for their recent product success and increasing gross…
General Electric Company (GE) Set to Rake in over $1 Billion in Revenue from Data Business
General Electric Company (NYSE:GE) Chief Executive Officer Jeffrey Immelt said Thursday that the company is set to earn more than $1 billion this year from its data business sales. This is more than $200 million above what the company posted last year from the same segment. He also said that the company has a plan…
Apple Inc. (AAPL) Sapphire Deal Takes GT Advanced Technologies Inc (GTAT) To Its Knees, Forcing the Company to Apply for Chapter 11
The deal began well, and both partners were upbeat about the prospect of their union. Apple Inc. (NASDAQ:AAPL) had come into a partnership with GT Advanced Technologies Inc (NASDAQ:GTAT) for the production of strong sapphire material for use in making gadget screens. But when it became clear that GT couldn’t supply hard enough material for…
Apple Inc (AAPL)- Icahn Believes That The Stock Price Will Double With Buybacks
It was on Thursday that Carl Icahn, a well-known American investor, businessman and philanthropist, wrote a 4000-word open letter to Apple Inc (NASDAQ:AAPL)’s CEO Tim Cook wherein he urged the latter to implement strategies that would propel its share value upward. According to him, the tech-giant’s shares should be placed at double its current value,…
GT Advanced Technologies Inc (GTAT)’s Bankruptcy Stunned Apple Inc (AAPL) and Investors Alike
GT Advanced Technologies Inc (NASDAQ:GTAT) took the whole market including its Arizona sapphire plant partner, Apple Inc (NASDAQ:AAPL), with surprise after filing for bankruptcy on October 6. The stocks of the company lost 90% value post the announcement wiping out its existing market cap within a day. GT Advanced Technologies Inc (NASDAQ:GTAT) filed for chapter…