Ford Motor Company (NYSE:F) received a huge order of 800 New 2015 Transit Vans from Charter Communications, Inc. (NASDAQ:CHTR) to expand its existing fleet. Charter Communications, Inc. (NASDAQ:CHTR) chose these vans because of their high fuel economy and cargo space. According to Kevin Koswick, Director for Ford North American Fleet, “Charter Communications’ choice of the low-roof-model…
Starbucks Corporation (SBUX) Planning To Make A Difference With New Store Designs
Amid increasing competition from smaller brands and individual coffee centers, Starbucks Corporation (NASDAQ:SBUX) is planning some new store formats to attract customers. The company is planning two designs aiming different segments including a reserve coffee theme and an express store look for Manhattan centers. According to the CEO of Starbucks Corporation (NASDAQ:SBUX), Howard Schultz, “Everything…
Tesla Motors Inc (TSLA) Gets $1.3 Billion State Incentives For The New Plant
After competing with four other states in the race to get the first Tesla Motors Inc (NASDAQ:TSLA)’s first Gigafactory, Nevada is finally the first state to get the battery plant. The Governor of Nevada announced incentives of $1.3 billion along with some insights into the factory plants. As per the announcement made by Brian Sandoval,…
Electrolux AB (ADR) (ELUXY) Might Close General Electric Company (GE) Acquisition Deal for $2.5 billion
After giving hints about the potential acquisition of General Electric Company (NYSE:GE), Electrolux AB (ADR) (OTCMKTS:ELUXY) has finally come up with $2.5 billion potential deal. Both the companies are said to work on the final terms of the agreement, as reported by unknown sources. Earlier, General Electric Company (NYSE:GE) confirmed that it was negotiating the…
General Motors Company (GM),Toyota Motor Corp (TM), and Honda Motor Co Ltd (HMC) Saw Fall in Electrical Car Sales in August Against Market Predictions
Electric and Hybrid car manufacturers such as General Motors Company (NYSE:GM), Toyota Motor Corp (ADR) (NYSE:TM), and Honda Motor Co Ltd (ADR) (NYSE:HMC) plus many market analysts have been surprised by the reduction in car sales this year compared to last year. According to MarketWatch, the sales through August this year stands at 3.6% of…
Nevada Leads the Race for Tesla Motors Inc (TSLA)’s Gigafactory
Finally, the race for Tesla Motors Inc (NASDAQ:TSLA)’s Gigafactory is over with Nevada winning over the other four states including Arizona, California, New Mexico, and Texas. As said by Elon Musk, CEO of Tesla Motors Inc, the winning state would have to provide 10% or $500 million of the overall cost of the factory. According…
The Home Depot, Inc. (HD) Investigating Customer Data Breach Claims
Home improvement retailer The Home Depot, Inc. (NYSE:HD) has issued an official statement saying that it’s currently carrying out an investigation into the alleged customer credit card data breach. This came after a KrebsonSecurity, a security website posted information saying that its preliminary investigations show that credit card sales on underground markets must have come…
Tesla Motors Inc (TSLA) Targets Producing 100,000 Cars Annually, Analysts Are Bullish About That
Tesla Motors Inc (NASDAQ:TSLA) had its shares rise to around 16% against earlier expectations by the company and financial analysts. With the market looking more promising, the company is targeting the production of 100,000 units annually. However, many analysts have been bullish about that projection, with James Albertine of Stifel Nicolaus mocking the stock’s market success saying…
Staples, Inc. (SPLS) and Office Depot Inc (ODP) Share Prices Are Boosted by Potential Merger Expectations
Amidst the market expectations of potential merger between Staples, Inc. (NASDAQ:SPLS) and Office Depot Inc (NYSE:ODP), shares for both the companies witnessed a positive movement. Shares of Staples, Inc. (NASDAQ:SPLS) closed with 8.13% rise in prices whereas Official Depot Inc (NYSE:ODP) had a 6.25% upward movement in its prices. The shares picked up after a…
Trade-in Your Old Apple Inc. (AAPL)’s iPhone and Get iPhone 6 Free
With the launch of Apple Inc. (NASDAQ:AAPL)’s iPhone 6 approaching close, resale sites are witnessing an increase in older Apple phone trade-ins. As of now, consumers can trade-in their older iPhone with a profit of at least the breakout price for the new device. Market experts have estimated the cost of iPhone6 to be around…