Apple Inc. (NASDAQ:AAPL)’s new patent for a waterproof, remote-controlled sports camera sent shivers to GoPro Inc (NASDAQ:GPRO) stocks, which fell as much as 12 percent, down $6.91 to $49.87 per share on Tuesday as news of the new Apple patent circulated in blogs and news sites. Patently Apple reported the news first, describing the new…
SanDisk Corporation (SNDK)’s Shares Tumble Down Amid Lower Revenue Forecast from Storage Device Company
The shares of SanDisk Corporation (NASDAQ:SNDK) fell over 13 percent closing at $83.57 after a poor revenue forecast from the company. The primary reason involves poor sales figures for its flash memory storage products and other retail supplies. The memory chipmaker said yesterday that its revenue figures are likely to end upon the lower end…
General Motors Company (GM)’s Ignition Switch Complaint Tally Goes Up, Plans New Generation Volt Electric Vehicle
It was another busy week for the automobile manufacturer, General Motors Company (NYSE:GM), which received 141 claim applications in its faulty ignition switch compensation fund. The overall tally for compensation applications has reached 2,710, as per the administration records. In addition to it, the automaker is planning to revamp its electric vehicle sales with all-new…
The Coca-Cola Co (KO) Becomes Next Big Company to Enforce Job Cuts, Nearly 1,800 People to Lose Jobs Globally
With declining earnings and sluggish revenue growth in the last quarter, The Coca-Cola Co (NYSE:KO) has initiated financial reformations with over 1,800 job cuts at its global offices. The primary locations enduring the consequences would include its Atlanta headquarters and other international locations. According to the beverage maker company, the management has identified up to…
J C Penney Company Inc (JCP) Targets More Store Closures, Shares Soar Amid Positive Performance Data
The shares of J C Penney Company Inc (NYSE:JCP) jumped in excess of 20 percent after the company announced positive same-store sales and more closures in the line of improvement. One of the recent announcements from the company indicated closure of up to 40 more stores in the country. Joey Thomas, spokesman for J C…
Tesla Motors Inc (TSLA)’s Model S Sales Exceed Nissan Motor Co Ltd (ADR) (NSANY)’s Leaf, Automotive Experts Disagree
What rather came as a surprise to most of the automotive experts, the sales of Tesla Motors Inc (NASDAQ:TSLA)’s Model S surpassed that of Leaf electric vehicle from Nissan Motor Co Ltd (ADR) (OTCMKTS:NSANY) for the month of December, as per Inside EVs research. Majority of the auto experts have rejected these figures stating it…
Apple Inc. (AAPL) Boasts About Contribution in Domestic Job Creation, Puts App Store Sales in Spotlight
The shares of Apple Inc. (NASDAQ:AAPL) rose nearly 4 percent closing at $111.89 after the company announced impressive sales figures for its app store. The iPhone maker took the opportunity to get back to its critics by highlighting its job creation figures in the U.S., which reached 1.03 million until date. Prior to it, the…
Apple Inc (AAPL)’s Watch Will Eliminate All Other Wearables According to Steinberg
Apple Inc. (NASDAQ:AAPL)’s latest tech gadget, the Apple Watch, which have received several reviews of both positive and negative opinions from several analysts early this year, just got a powerful boost from Jon Steinberg, the North America CEO of MailOnline, the world’s largest news website in English. Speaking at CNBC’s Squawk Alley, where he is…
McDonald’s Corporation (MCD)’s Food Safety Nightmare Continues, Plastic Found in Nuggets Sold in Japan
It seems like the food safety issues are going to linger around a bit longer with McDonald’s Corporation (NYSE:MCD) as the world’s largest fast-food chain served fries with human tooth and chicken nuggets with plastic in one of its Japan retail outlets. The past one year has not been great, both in terms of sales…
AT&T Inc. (T) Fights Back With Rollover Data Plans For Over 50 Million Subscribers
In an attempt to get back to its smaller rival, AT&T Inc. (NYSE:T) has launched a rollover data plan for nearly 50 million customers of the company. The Mobile Share Value Customers of the company, both new and existing, would be able to enjoy the data rollover services starting January 25. Earlier last month, its…