Goldman Sachs Group Inc (NYSE:GS) is having an excellent year in terms of its legal battle wins. With other financial crisis accusers including Bank of America Corp (NYSE:BAC) and Citigroup Inc (NYSE:C) paying $16 billion and $7 billion in settlements, Goldman Sachs Group Inc (NYSE:GS) settled its lawsuits for $1.2 billion. Goldman Sachs Group Inc…
Gilead Sciences, Inc. (GILD) to Offer Low-cost Versions of Hepatitis C in lower economies
In a scintillating string of events, Gilead Sciences, Inc (NASDAQ:GILD) is in talks with generic drug makers to offer a low-cost versions of its premium $84,000 Hepatitis C treatment, Sovaldi, in developing countries including India, Pakistan, Indonesia, and nearly 80 countries. Gilead Sciences, Inc (NASDAQ:GILD) offers Sovaldi treatment at a cost of $84,000 in the…
Ford Motor Company (NYSE:F) Received A Huge Order From Charter Communications, Inc. (CHTR)
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…
DISH Network Corp (DISH) Ready to Explore T-Mobile US Inc (TMUS) Acquisition Deal
Charlie Ergen, DISH Network Corp (NASDAQ:DISH), reached out to Deutsche Telekom AG (ETR:DTE) to discuss the acquisition of T-Mobile US Inc (NYSE:TMUS) in near future. Ergen is interested in the deal after Sprint Corporation (NYSE:S) abandoned its quest to take over T-Mobile US Inc (NYSE:TMUS). As per the current proceedings, Ergen has not made any…
Facebook Inc (FB) CEO All Set to Spend Billions for Promoting Web Access Worldwide
In an initiative to promote web access across the world, Facebook Inc (NASDAQ:FB) CEO, Mark Zuckerberg, said that he is ready to spend billion to promote internet access throughout the world at an even organized in Mexico City. Carlos Slim, America Movil SAB’s Chairman, organized the event and Zuckerberg added, “We feel a big responsibility…
Sprint Corporation (S) to Expand its Rural Roaming Coverage with 15 New Carriers
In an attempt to expand its service network, Sprint Corporation (NYSE:S) has introduced 15 new carriers in its Rural Roaming Preferred Provider program and the program now includes 27 carriers to offer 4G LTE coverage. As per the announcement, Sprint Corporation (NYSE:S) has a total of 27 carriers with the capacity of covering 565,000 square…
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…
BP plc (ADR) (BP) Might Cut Off Russian Investments After $18 Billion in Penalties
After a federal judge ruling going against the company, BP plc (ADR) (NYSE:BP) might consider reducing its exposure in Russia. The disinvestment is quite possible considering the current political stress between Moscow and other western countries. Earlier, a U.S. district judge in New Orleans, Carl Barbier, found BP plc (ADR) (NYSE:BP) guilty in the 2010…
Are Phablets the New Mobile Industry Savior? Apple Inc (AAPL) and Samsung Electronics Co Ltd (005930) with Mega Share
With the launch of big screen mobiles from leading Smartphone manufacturers including Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co Ltd (KRX:005930), it is time for the phablets to take over the mobile industry, as shown in a report prepared by IDC (International Data Corporation). According to the report, phablet shipments would cross 175 million-mark in…
Amazon.com, Inc. (AMZN) and eBay Inc (EBAY)’s PayPal Increasing Their Shares in Payment Transactions
Major online payment processing services including eBay Inc (NASDAQ:EBAY)’s PayPal, Amazon.com, Inc. (NASDAQ:AMZN), and Alipay are breaching into the lending industry with huge loan portfolios. One of the biggest surprises came from the IPO filings of Alibaba Group Holding Limited, which stated that Alipay processed online transactions worth at least $10 billion. Further, the payment…