Should Twitter Inc (NYSE:TWTR) be going private and if yes, what is the logic underlying such a move? This was the big question on CNBC and when it was put to Herb Greenberg, a regular contributor on the channel, he opined that the micro-blogging site was much better off if it went private rather than…
Verizon Communications Inc (VZ) Hit Adversely Owing To Citi Downgrade
On Monday, 24th November, 2014, when the new week commenced, it heralded bad news for Verizon Communications Inc (NYSE:VZ) because the stock had been downgraded to ‘neutral’ status by Citigroup. Previously it had been rated as ‘overweight’ and in a statement, Michael Rollins, an analyst with Citigroup justified the degradation as follows – “We are…
Google Inc (GOOGL)’s Latest Innovation Is an Ad-Cutting Experiment
For avid Internet surfers who like to explore various websites, advertisements are a bane which need to be put up with and it is with the intention of toning down, if not eliminating, this disruption that Google Inc (NASDAQ:GOOGL) has introduced the concept of a Contributor. Courtesy of this feature, your website surfing experience will…
Google Inc (GOOGL)’s European Split an Imminent Reality
If success has a knack of attracting criticism, none could validate this statement as well as Google Inc (NASDAQ:GOOGL) courtesy of its ongoing European battle which started four years ago. Latest update from European Parliament in Brussels has stated that the company might be asked to segregate its search engine operations and its other business…
Best Buy Co Inc (BBY) Stupefies Markets with Its Results
‘Stupefied’ is the word that best describes market reaction when Best Buy Co Inc (NYSE:BBY) declared its third quarter results on Thursday, 20th November, 2014. As reported by CNBC, this is because contrary to the analyst prediction of an imminent decline in revenue figures, the company posted an increase. Even though the rise was recorded…
General Motors Company (GM) Finds Itself in Financial Soup
Thanks to Arizona’s Attorney-General Tom Horne, General Motors Company (NYSE:GM), on Wednesday, 19th November, 2014, found itself facing a lawsuit worth $3 billion based on the allegation of having sold defective vehicles. Although the automobile manufacturer has been facing a lot of flak over its decision to recall 2.6 million vehicles on a global scale,…
Facebook Inc (FB)’s Group App Is Designed to Enhance Group Experience
Almost every one of the 700-million plus users of Facebook Inc (NASDAQ:FB)’s social networking platform must be a part of some group or the other but now that the company has released a new Group App, the experience of being a part of a group is likely to be much more rewarding. This is because,…
Petrobras SA (ADR) (PBR) Sinking Deeper Into the Murk
Latest update from scandal shaken Petrobras SA (ADR) (NYSE:PBR), the largest state owned oil-producing outfit in Brazil, has let it be known that the company will miss not only its production target for 2014 but also its earnings report. Details pertaining to this update were discussed by Michelle Caruso-Cabrera on CNBC wherein she said that…
Facebook Inc (FB) Releasing a Workplace Version of Its Social Platform
Over the years, Facebook Inc (NASDAQ:FB) has provided people the world over with a viable platform which not only enables them to remain sociable but broaden their horizons too. But interaction is strictly limited to a personal level which is why it is upheld as the ultimate social networking site. Its success in the social…
Apple Inc (AAPL)’s Apple Pay – Has It Triggered a Global Revolution?
It has been three weeks since Apple Inc (NASDAQ:AAPL) launched its Apple Pay method of payment and the company’s claims notwithstanding, inputs from unbiased sources have slated the number of transactions as being in the range of 150,000 pertaining to only one store. Other big names which have risen in support are those of Walgreens…