Bed Bath & Beyond Inc. (NASDAQ:BBBY), a domestic merchandise chain store, yesterday reported financial year’s second quarter profit of $224 million and a per share net profit of $1.17, beating Wall Street’s expectations. In terms of total revenue, Wall Street had projected $2.9 billion, but the company posted $2.94 billion. The company’s earnings per share…
Herbalife Ltd. (HLF) Takes A Breath With Recent News
When rumors came out on Monday that billionaire Carl Icahn was offloading his stake at Herbalife Ltd. (NYSE:HLF), the company stock went down below $39 for the first time in more than a year. However, when Fox Business’ Charles Gasparino tweeted that Icahn hadn’t sold his shares, the stock jumped up again, posting 8.31% to…
How YUM! Brands (YUM) Will Compete With Chipotle Mexican Grill Inc (CMG)
Is YUM! Brands (NYSE:YUM)‘s Pizza Hut on the same spree as Taco Bell and KFC to explore to fast-casual method of serving its fare akin to Chipotle Mexican Grill Inc (NYSE:CMG)? There are all kinds of eating outfits – while on the run you could resort to something like Chipotle Mexican Grill Inc (NYSE:CMG) but if…
Doral Financial Corp. (DRL) Continues Push for $230 Million Puerto Rico Tax Refund
Doral Financial Corp. (NYSE:DRL), the second largest mortgage company in Puerto Rico, through its lawyer, is continuing with its aggressive push for overpaid taxes amounting to $230 million. There was an earlier agreement between Puerto Rico treasury department and Doral Financial Corp. (NYSE:DRL) for the refund to be effected, but the government turned back to…
Microsoft Corporation (MSFT) Renders Office 365 Accessible To Students
It was in December, 2013, that Microsoft Corporation (NASDAQ:MSFT) introduced its student oriented program and provided it to as many as 35,000 institutions across the world through accessibility via Office 365. To be able to use this program to reinforce or help with the curriculum, institutions were required to install either of the two Office…
Apple Inc. (AAPL) iPhone 6 and iPhone 6 Plus Sales Hit 10 Million Mark in Opening Weekend
The biggest activity for Apple Inc. (NASDAQ:AAPL) this year is indeed the launch of its two new iPhones. While many analysts argued that the opening weekend sales would be below the 9 million record set by iPhone 5C and iPhone 5S, the new iPhones defied the odds to hit 10 million units mark this past…
Alibaba Group Holding Limited (BABA) – Amazon.com Inc (AMZN) Partnership Shrouded In Ambiguity
With its IPO, Alibaba Group Holding Limited (NYSE:BABA), created more than a splash in New York when its shares opened way above their initial price of $68 at above $90 mark throughout the day. For a Chinese company to have made such a mark in an American market, the event was indeed history being created,…
Zynga Inc (ZNGA) Executive Officer Leaves to Start Own Studio Called Moblabs
Andy Kleinman, general manager at Zynga Inc (NASDAQ:ZNGA) and a chief business officer at Scopely, has left the two companies to start his own studio, Moblabs, which will focus on the production of mobile products. Besides his tenure at Zynga Inc (NASDAQ:ZNGA), Kleinman has vast experience in the mobile gaming industry, having co-founded Vostu, a…
General Motors Company (GM) Announces 4G Wi-Fi on Its Chevy Models
Drivers and passengers can now access 4G LTE Wi-Fi internet, thanks to General Motors Company (NYSE:GM) division Chevrolet’s assertion that several of its models have been fitted with the connection. According to information on the company website, the new General Motors Company (NYSE:GM) service is “fast, easy and reliable” and is capable of supporting up…
Amazon.com, Inc. (AMZN) and Publishers Gruel Negatively Affects The Authors
The saying that “when two elephants fight, it’s the grass that suffer” is very true in the case of the current raging battle between publishers and Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest eBook seller. A number of authors have come forward complaining that Amazon.com, Inc. (NASDAQ:AMZN) is using them against their will in its negotiations…