Business & Finance articles

How To Become A “Seniorpreneur” After Retirement

Forget what you think about why some people work after retirement. A Gallup survey of 718 adults found that nearly three out of four of Americans want to work after retirement age, and many do so because they like it, not because they need the money. Enter the “seniorpreneurs” who are living a meaningful existence into their

Apple Inc (AAPL) is Investing in GT Advanced Technologies Inc (GTAT) Unit in Arizona

In a decision that caught everyone unawares, Apple Inc (NASDAQ:AAPL) announced on Monday, 2nd February, 2015 that it intended to invest as much as $2 billion in a factory located at Mesa, Arizona, which was previously being operated by GT Advanced Technologies Inc (OTCMKTS:GTAT). While the investment will be staggered over a period of a

Intel Corporation (INTC) Boosts ‘Internet of Things’ Business, Acquires Lantiq

Intel Corporation (NASDAQ:INTC) is positioning itself in ‘Internet of Things’ and has agreed to buy Lantiq, a German firm specializing in home networking technologies and broadband access. Lantiq was previously under Infineon, and was bought in 2009 for about $400 million by Golden Gate Capital, a San Francisco, California-based private equity firm. Deutsche Telekom are

McDonald’s Corporation (MCD) Will Stall Russian Expansion On Weak Ruble

McDonald’s Corporation (NYSE:MCD)’s operations in Russia will be heavily impacted by the falling ruble, which shed about 50 percent of its value since early 2014. The currency’s steep decline have catalyzed inflation, hurting consumers as much as it is causing a rise in the costs of expansion. The ruble has suffered both from the low

JPMorgan Chase & Co. (JPM) Agrees to A $99.5 Million Penalty For Its Role In Currency Rigging

The largest bank of the United States, JPMorgan Chase & Co. (NYSE:JPM), has agreed to pay up to $99.5 million against the anti-trust case, which holds the bank responsible for rigging prices at the foreign exchange market. It is important to consider that the bank agreed to pay up to $1 billion under civil penalties

Amazon.com Inc (AMZN) Soars High above Market Expectations

It is common for companies to beat Wall Street projections at times and when this happens the margin is not as much which explains why Amazon.com Inc (NASDAQ:AMZN)’s earnings report caused more than a ripple. When released on Thursday, 29th January, 2015, fourth quarter report of Amazon.com revealed an EPS of 45 cents which turned

Google Inc (GOOGL) Counted Amongst Disappointments in This Quarter

Google Inc (NASDAQ:GOOGL) announced its financial results for the fourth quarter which ended on 31st December, 2014, on Thursday, 29th January, 2015 and it turned out to have failed to meet Wall Street’s projections. It fell short of the predicted EPS of $7.11 vis-à-vis revenue of $18.46 billion and instead reported and EPS of $6.88

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