Alibaba Group Holding Ltd (NYSE:BABA) is all set to start trading today at NYSE and U.S. Investors got the maximum shares, as per Wall Street Journal’s report. Alibaba has maintained its initial target price of $68 for the shares. At the current price, Alibaba Group Holding Ltd (NYSE:BABA) is valued at $168 billion which keeps…
Ford Motor Company (F) to Cut Fiesta Hatchback Production as Demand in Europe Drops
With a slower European Automobile market, Ford Motor Company (NYSE:F) is likely to cut the production of its bestselling European car, Fiesta hatchback. Ford will halt the production in its Cologne plant, Germany. Ford Motor Company (NYSE:F) will halt the assembly of Ford Fiesta Hatchback for as many as 11 days between October and November.…
Tesla Motors Inc (TSLA) and SolarCity Corp (SCTY) Are Planning to Change The Structure Of The World’s Energy
Two cousins, Elon Musk and Lyndon Rive, have revealed a mega plan that will likely transform the world’s energy sector. Over the years, Musk and Rive have been friends and business partners. Rive’s SolarCity Corp (NASDAQ:SCTY), where Musk is also a board member, has been selling Musk’s Tesla Motors Inc (NASDAQ:TSLA) batteries. Just recently, Tesla…
General Electric Company (GE) Paints a Rosy Picture for the Way Ahead
Organization in focus has been General Electric Company (NYSE:GE), well-known as GE, and on being questioned by CNBC on its future prospects, vice president John Rice painted a rosy picture liberally doused with optimism. Much of his positive outlook was based on the fact that infrastructure as the company’s core business is likely to herald…
Apple Inc. (AAPL) Faces Challenge as Apple Watch Declared A Highway Safety Hazard
Apple (UK) Limited, Apple Inc. (NASDAQ:AAPL) United Kingdom arm, is facing serious challenges after British authorities warned that the new watch, released about a week ago, is a highway threat. The authorities said that any motorist who causes an accident and is found wearing the Apple iWatch could face stern penalties. Information has it that British…
Apple Inc. (AAPL) Set to Release New iPads and a New Operating System Before End of Year
For those who thought that Apple Inc. (NASDAQ:AAPL) was done this year when they released the slimmer and bigger iPhone 6 and iPhone 6 Plus, a new revelation about Apple Inc.’s new releases is here with us. The tech company is set to release the sixth generation iPad and the third edition of iPad Mini.…
United Natural Foods, Inc. (UNFI) Share Prices Soar After Fourth Quarter 2014 Results
United Natural Foods, Inc. (NASDAQ:UNFI) witnessed an upward rally in the extended trading session on Wednesday after the quarterly results of the company overthrew the market expectations. Shares of United Natural Foods reached $66.79 with a 5% increase in its share price while crossing Wall Street’s estimates on its earnings. United Natural Foods, Inc. (NASDAQ:UNFI)…
Apple Inc. (AAPL) HealthKit Develops Technical Flaw, Removed from iOS 8
Apple Inc. (NASDAQ:AAPL) has discovered a software bug in the much acclaimed Apple HealthKit and it might delay the launch of iOS 8. HealthKit is one of the most promising features of iOS 8, especially in terms of its utility in Apple Watch. Apple Inc. (NASDAQ:AAPL)’s spokeswoman, Trudy Muller, said, “We discovered a bug that…
Tesla Motors Inc (TSLA) Likely To Work With SolarCity Corp (SCTY); Gigafactory Might Power Houses in Future
Tesla Motors Inc (NASDAQ:TSLA)’s Gigafactory has raised concerns among analysts about the overall utilization of its production capacity. Tesla Motors Inc (NASDAQ:TSLA) is going to invest $5 billion in the factory, which is likely to create up to 6,500 jobs and the company is likely to reach 50 gigawatts of battery storage capacity by 2020.…
Peter Thiel Prefers Google Inc (GOOG) Stock Over Apple Inc. (AAPL)
Debates on which stocks to invest in over others, are continuous processes that keep investors and businessmen updated about where to put their money. And the latest one has been triggered by Peter Thiel, an iconic investor and the co-founder of Paypal Inc. In a comprehensive interview with CNBC, who is an earlier investor in…