Unnamed sources have revealed that Hewlett-Packard Company (NYSE:HPQ) is currently considering the sale of its photo sharing service, Snapfish, which it had acquired in 2005 for more than $300 million. The sources have further revealed that the company, popularly known as HP, has held a series of discussions with potential buyers in a bid to…
MasterCard Inc (MA) Believes That Apple Inc (AAPL)’s Apple Pay Is Safe
With the unveiling of Apple Inc (NASDAQ:AAPL)’s latest products, namely iPhone 6 and iPhone 6 Plus, the new era of being able to make payments via mobile devices has become a reality and is here to stay courtesy of support offered by entities like MasterCard Inc (NYSE:MA). If Apple Inc (NASDAQ:AAPL) is a leader in…
Four Tech Giants Including Apple Inc (AAPL) and Google Inc (GOOGL) Involved In Mediation Process with Plaintiffs
Apple Inc (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) were amongst the four tech giants, the other two being Intel and Adobe, which have resumed participation in talks with tech workers as a part of the lawsuit filed against anti-poaching policies followed by companies at the time of hiring employees. While the lawsuit was filed three years…
Starbucks Corporation (SBUX) Hailed as Women’s Champion in Korea
For someone in Seoul, Korea’s capital city, what could be a better way of enjoying delicacies like bibimbap and kimchi than gulping them down with a cup of favorite variety of Starbucks Corporation (NASDAQ:SBUX) coffee? And it is even more justified to show brand loyalty now after Starbucks was hailed along with Samsung and Lotte…
The Blackstone Group L.P. (BX) Is Planning To Sell Its New York Office Tower By $2.2 Billion
The Blackstone Group L.P. (NYSE:BX) is seeking to sell its Boston Area tower at a staggering $2.2 billion. According to Bloomberg.com, Blackstone has hired Eastdil Secured LLC to oversee the marketing of the proposed sale. The building is a 42 story skyscraper, which will soon be Verizon Communications Inc. (NYSE:VZ) headquarters. The Blackstone Group L.P.…
CA, Inc. (CA), Coach Inc (COH) and Consolidated Edison, Inc. (ED): High Dividend Stocks Trading Near To 52-Week Lows
We have compiled a list of three stocks which have dividend yield of higher than 3.5% and are trading near to their 52-weeks lows. After being named among the ‘Top Dividend Stock of the NASDAQ 100’, CA, Inc. (NASDAQ:CA) is trading near its 52-week low. Other dividend stocks that are trading near to their 52-week lows include Coach…
EBOS Group Ltd (EBO) Increased Profit Margins, United Co. Rusal PLC (HKG:0486) and Genesis Energy Ltd (GNE) With Lower Profits
The financial year ended quite well for the EBOS Group Ltd (NZE:EBO) with an increase of 226 percent in its annual profit to $77 million. On the contrary, both United Co. Rusal PLC (HKG:0486) and Genesis Energy Ltd (NZE:GNE) recorded lower profits than market expectations. It was an excellent year for EBOS Group Ltd (NZE:EBO)…
Chemtura Corporation (CHMT), Diebold Inc (DBD) and Weatherford Intl plc (WFT): Mario Gabelli’s Favorite Stock Picks
As S&P 500 touches 2000-mark after having maintained a high for six sessions out of seven, it is just reflective of the all-time high being experienced by the US economy during the last 24 hours. While the Dow also rose, it was NASDAQ that created history by touching a new high since March 2000. Mario…
The Boeing Company (BA) Got a Boost over Airbus Group NV (AIR) With Jet Orders Worth $8.8 billion
The Boeing Company (NYSE:BA) got a boost over its largest competitor, Airbus Group NV (EPA:AIR), when it took orders for $8.8 billion of jets from BOC Aviation Pte, a unit of Bank of China Limited (SHA:601988). BOC Aviation Pte, an aircraft leasing firm, is banking on the surging Asian demand for younger and newer airplanes…
Cramer Sees Bargain On United Parcel Service, Inc. (UPS) In The Long Run
In one of the latest revelations, Jim Cramer turned back to high quality merchandise, especially towards the common household companies such as United Parcel Service, Inc. (NYSE:UPS). United Parcel Service, Inc. (NYSE:UPS) is one of the primary targets in the merchandise industry, according to Cramer. United Parcel Service, Inc. (NYSE:UPS) shares are trading $10 lower…