The shares of The Home Depot, Inc. (NYSE:HD) rose 0.95% after the company eliminated recent data breach malware and added advanced encryption for user-date protection. Further, Home Depot raised its EPS outlook for fiscal 2014 to $4.54, higher than earlier estimate of $4.52. The Home Depot, Inc. (NYSE:HD) announced that is has removed the malware…
Yahoo! Inc. (YHOO)’s Alibaba Dislodges Amazon.com, Inc. (AMZN) to Become the World’s Most Valued Retailer
Yahoo! Inc. (NASDAQ:YHOO)’s Alibaba begins trading today, September 19, at the New York Stock Exchange (NYSE). The China-based company made an entry with its initial public offering (IPO) priced at $68 a share, raising the company’s valuation to a remarkable $167.6 billion. With that value Yahoo! Inc. (NASDAQ:YHOO)’s Alibaba overtakes Amazon.com, Inc. (NASDAQ:AMZN) to become…
FedEx Corporation (FDX) to Hire 50,000 Seasonal Workers After Excellent Fiscal First Quarter Financial Results
FedEx Corporation (NYSE:FDX) witnessed an increase of 3.25% in share prices by noon after an excellent first quarter 2015 result. The company reported 24% increase in its net income and it is likely to add up to 50,000 seasonal workers to handle the increasing delivery volume during the holiday season. FedEx Corporation (NYSE:FDX) released its…
Priceline Group Inc (PCLN) to Offer Senior Notes in Public Offering After Acquisitions
Priceline Group Inc (NASDAQ:PCLN) announced yesterday that it is planning to offer senior notes in an underwritten public offering. The shares of the online travel company rose 1.68% or $19.33 post announcement. Some of the primary underwriters for the offering include Royal Bank of Scotland (NYSE:RBS), Deutsche Bank (NYSE:DB)’s London branch, Wells Fargo (NYSE:WFC), Goldman…
RadioShack Corporation (RSH) Trading Near $1, Likely to go Bankrupt without Capital Infusion;Best Buy Co. Inc. (BBY) Has Potential To Increase Market Share
RadioShack Corporation (NYSE:RSH) is surviving on life support for the last two decades and with its shares trading near $1, it might just be the beginning of the end of a complete era of electronics-store history. RadioShack Corporation (NYSE:RSH) reported its second quarter 2014 results with overall operating revenues of $673.8 million and the company…
Sino-Global Shipping America (SINO)’s Share Prices Soar after Successful Fiscal 2014 Financial Results
Sino-Global Shipping America, Ltd. (NASDAQ:SINO) witnessed 31.60% increase in share prices after successful financial results for 2014. Sino touched 52-week high on Tuesday while reaching $4.59 after the earnings announcement. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) released its full year fiscal 2014 financial results and the company reported diluted EPS of $0.34 for the year ending…
Sears Holdings Corp (SHLD) Set to Controversially Receive $400 Million in Loan from ESL Investments Inc. Affiliates
Sears Holdings Corp (NASDAQ:SHLD) is expected to receive a $400 million in loan from groups associated with own CEO, Edward Lampert, who also doubles up as the Chairman. Even though the contention in the borrowing isn’t readily noticeable, a more objective look reveals that all the lenders in the loan agreement are under the control…
United Continental Holdings Inc (UAL) to Offer $100,000 to Flight Attendants Under Enhanced Early Out Program
In order to cover up for quarterly loss and control the operating cost of the airlines, United Continental Holdings Inc (NYSE:UAL) is offering an Enhanced Early Out Program to its flight attendants while paying up to $100,000 in severance money. United Continental Holdings Inc (NYSE:UAL) is likely to pay up to $100,000 to its flight…
Cramer’s Favorites: Apple Inc. (AAPL), Chipotle Mexican Grill, Inc. (CMG), Netflix, Inc. (NFLX)
Alibaba Group Holdings Ltd is one week away from its first IPO offering and investors are doing everything they can to benefits from the deal. One can hear advice all over the Internet and for newbie investors/traders it can be quite overwhelming. However, it might help to find out what Jim Cramer is talking about…
T-Mobile US Inc (TMUS) Hit Record 552,000 Postpaid Subscribers with 2.75 Million Customers in August
Good days have finally arrived for T-Mobile US Inc (NYSE:TMUS) with the company adding as many as 2.75 million customers in August 2014. This is the largest number of monthly subscribers that T-Mobile has ever added in its history. The CEO of T-Mobile US Inc (NYSE:TMUS), John Legere, said, “The company is on fire.” The…