In one of the most surprising events for the biggest online retailer in the United States, Amazon.com, Inc (NASDAQ:AMZN), the employees of the company found a written threat note in the Seattle Headquarters of the retailer. The company evacuated the premises at the earliest and investigated the matter with the help of the local police.…
T-Mobile US Inc (TMUS) Unleashes Its “Data Stash” Plan Against Verizon Communications Inc. (VZ) And AT&T Inc. (T)
T-Mobile US Inc (NYSE:TMUS) is all set with its latest marketing gimmick to challenge rivals Verizon Communications Inc. (NYSE:VZ) And AT&T Inc. (NYSE:T). The company is offering roll over option for its high-speed data plans under which customers would be able to use their remaining data in the upcoming months. The fourth largest U.S. carrier…
Apple Inc (AAPL) Deserts Russia over Ruble Fluctuations
As per CNBC, Russian customers who might have been shopping for online for Apple Inc (NASDAQ:AAPL)’s products were met by a surprise message saying that all online sales to that country had been put on halt till further notice. Attributing this latest and drastic development to unprecedented Ruble fluctuations which shook the currency market on…
Twitter Inc (TWTR) Stock Up Today, But What About Tomorrow?
Monday, 15th December, 2014, was a good day for Twitter Inc (NYSE:TWTR)’s stock since it recorded an increase in value courtesy of a positive rating by JMP Securities. As per JMP, the go-ahead was based on six major factors and an upside target of $49 was also mentioned in the report, causing the stock to…
Amazon.com, Inc. (AMZN) Troubled By German Workers’ Strike, Demand For Higher Payment Catches Up Amid Heavy Holiday Season Offers
One of the largest online retailers of the world, Amazon.com, Inc. (NASDAQ:AMZN), is being troubled by the strike of its German warehouse workers. The most crucial thing is the timing of this strike as the Christmas is drawing in with piling orders from customers. Verdi, Labor Union, is behind this strike and it is claiming…
Staples, Inc. (SPLS) And Office Depot Inc (ODP) Near Merger As Starboard Adds More Pressure
The two of the largest office-supply retailers in the U.S., Staples, Inc. (NASDAQ:SPLS) And Office Depot Inc (NASDAQ:ODP), are likely to join hands in near future as activist investor Starboard Value is increasing pressure on both the companies. The shares of both the retailers witnessed positive trading behavior after the announcement. Starboard Value announced substantial…
Bankers Being Trained To Handle Twitter Inc (TWTR) Correctly
With it upper limit of 140 characters, Twitter Inc (NYSE:TWTR) may describe itself as a micro-blogging site but that does not take away anything from the intensity of impact which its messages can cause. For any professional, especially bankers and financial experts, 140 characters are more than enough to bring about a financial debacle or…
Apple Inc (AAPL)’s Contracts Raise More Than Eyebrows in Canada
As a result of an investigation that was initiated almost nine months ago, Competition Bureau in Canada, an antitrust outfit, filed a request in the court on Tuesday, 9th December, 2014, wherein it has asked for submission of Apple Inc (NASDAQ:AAPL)‘s company records which are relevant to its investigation. The Bureau suspects that the California…
Alibaba Group Holding Ltd (BABA)’s Endorsed App Momo Inc (ADR) (MOMO) Soars After IPO
It looks like Alibaba Group Holding Ltd (NYSE:BABA) has a box full of fortune cookies with its every single investment receiving excellent response from the market. In the latest string of accomplishments, Momo Inc (ADR) (NASDAQ:MOMO), chat app backed by Alibaba, witnessed 26% increase in its share price on its initial public offering. Momo Inc…
Best Buy Co Inc (BBY), Apple Inc. (AAPL) And GoPro Inc (GPRO) Are Benefiting From Increase In Retail Spending According To Commerce Department Figures
It’s finally some good news for leading retail store chains including Best Buy Co Inc (NYSE:BBY) as retail spending is back on the growth track. The electronics department is one of the major spending zones of customers with gadgets from Apple Inc. (NASDAQ:AAPL) and GoPro Inc (NASDAQ:GPRO) bagging maximum attention. As per the latest retail…