CNBC reported on Wednesday, 28th January, 2015 that although Qualcomm Inc (NASDAQ:QCOM) had beaten Wall Street’s expectations in terms of its earnings report, the stock still plunged by 8% by the time trading session came to an end. A weak second-quarter forecast which the company projected at its release triggered heavy volume trading and eventually…
Facebook Inc (FB) Continues To Remain a Worthy Investment Option
Facebook Inc (NASDAQ:FB) released its earnings report on Wednesday, 28th January, 2015, and much to everyone’s surprise, it surpassed expectations as projected by Wall Street. Julia Boorstin covered it for CNBC and reported that while there was an increase in just about every aspect pertaining to this social networking site, it was mobile advertising which…
Yahoo! Inc (YHOO) Surprises Everyone with Its Tactical Spin-Off
Yahoo! Inc (NASDAQ:YHOO) declared on Tuesday, 27th January, 2015 that it would be spinning off its stake in Alibaba Group Holding which is worth $40 billion, to shareholders. What renders this news more interesting is that Yahoo has found a way of going about the deal without having to pay any taxes, thus marking this…
General Electric Company (GE) – Is There Anything To Worry About?
With oil prices having plunged and touching an all-time low, General Electric Company (NYSE:GE) is one of the organizations which should be worried about its existence. However, despite having invested heavily in this sector, GE is hardly worried as per its CEO Jeff Immelt and Vice-chairman John Rice. The two top executives are confident that…
How Should Investors Interpret Microsoft Corporation (MSFT)’s Transition Phase?
Microsoft Corporation (NASDAQ:MSFT) released its earnings for the second quarter on Monday, 26th January, 2015, and results were interpreted by many observers as reflecting the transition phase which the company is currently going through. CNBC discussed the decline from 78 cents in 2014 to 71 cents that emerged in 2015 report with Dan Morgan, an…
McDonald’s Corporation (MCD) Is Big News on CNBC.Com
In addition to King Abdullah’s death in Saudi Arabia and hot-n-spicy guns in Las Vegas, there is another topic which never fails to make headlines on CNBC.com and it is none other than McDonald’s Corporation (NYSE:MCD). Covered by Allen Wastler, Managing Editor of the channel, this fast food joint is definitely going through a rough…
Twitter Inc (TWTR) Worthy Of an Entry In 2015
If you already do not have Twitter Inc (NYSE:TWTR) in your portfolio, then it might be time for you to start thinking in terms of making an entry. On Friday, 23rd January, 2015, the micro-blogging site announced the launch of Flock, a platform meant for facilitating interaction between the organization and developers. It is the…
Carl Icahn Pulls Out All Stops on EBay Inc (EBAY)
When CNBC questioned the activist investor Carl Icahn on EBay Inc (NASDAQ:EBAY), the answer that it received was geared towards peace and amicability rather than war which has been brewing lately. Ebay has been describing Icahn’s actions as over-reaching, unduly aggressive and aimed towards achieving his own personal agenda. On his part, Icahn took a…
Starbucks Corporation (SBUX)’s Cup of Coffee Turns Sweeter In 2015
CNBC reported on Thursday, 22nd January, 2015 that Starbucks Corporation (NASDAQ:SBUX) had reported an EPS of $0.80 and an increase in net income by 71 cents or $1.30 per share. There was an increase in the net revenue too and it was slated at 13%, thus amounting to $4.8 billion for the first quarter of…
American Express Company (AXP) Resorts to Massive Cost Cutting
Surprise marked the trading session on Wednesday, 21st January, 2015, when the fourth-quarter earnings declared by American Express Company (NYSE:AXP) extended beyond what had been expected and projected by analysts. Figures posted by the company quoted an EPS of $1.39 as against $1.38 expected by analysts and $9.11 billion in revenue as opposed to $8.53…