Entries from 2015-06-01 to 1 month

Bank of America Suggests Investment Growth As More Important Than Buybacks

Charlotte-based bank and financial services company believes investment in new factories and products can boost stock price. Bank Of America Corp (NYSE:BAC), on Wednesday, has suggested to companies, big and small, as well as industrial co…

Alibaba Expands Its Global Footprints To Russia

Alibaba will make its mark in the Russian market soon. Alibaba Group Holding Ltd, the biggest ecommerce company in China, has recently announced that it wishes to expand its global footprints. For this reason, the company has decided to in…

United Technologies Is Set To Exit The Helicopter Business

Sikorsky to be sold or spunoff in the times to come. United Technologies Corp. just completed its strategic review and finally announced that it will go with its plan to sale/spinoff its Sikorsky Aircraft business. This decision is subject…

Alibaba Join Hands With Foxconn

Alibaba is onto many different deals according to Forbes. Alibaba Group Holding is one of the biggest companies in the tech industry and certainly the biggest in China. In a short span of time, the company has become a disruptive force whi…

Amazon Changing The Perception Of Delivering Products

The company has decided to launch a new method of delivering products to customers. Amazon Inc. is the reigning monarch of American online shopping. The online retailer is the market leader in the United States, which is said to be providi…

Yahoo CEO Talks About Alibaba Spinoff

Yahoo CEO, Marissa Mayer, is still determined to go ahead and spin off stakes in Alibaba. Yahoo Inc. is all set to go on with the move of spinning off Alibaba Group. The CEO of the company, Marissa Mayer recently confirmed plans of doing s…

Jack Dorsey Is Likely To Be Named As The New CEO Of Twitter

Jack Dorsey is so far the interim CEO of Twitter but might soon become the chief executive officer. Dick Costolo, the chief executive officer of Twitter Inc. is all set to bid farewell to the company. According to sources, the CEO has deci…

ConocoPhillips Announces End Of Search For Shale Gas In Poland

Low commercial value and growing environmental opposition are cited as reasons. Houston-based ConocoPhillips (NYSE:COP) has reached the conclusion that shale gas exploration in the Poland is just not worth the hassle, becoming the latest i…

Wal-Mart Stores Inc. Likely To Be Fined $100 Million

Wal-Mart might have to pay back $100 million for violating the minimum wage law of California. Wal-Mart Stores Inc. is known for paying less to its employees. Despite of the fact that the company owns one of the largest retail store chains…

Twitter Now Tracks Your In Phone Applications

Twitter is collecting users application data for the last six months now to earn money. Twitter Inc. witnessed a very poor quarter of the new fiscal year. The company was not able to post good results and failed to attract big name adverti…

Twitter Modifies Its Page With More Algorithms

Twitter has introduced more algorithms in an attempt to precisely filter out content and conversation for its users. Twitter Inc. is currently focusing on expanding and engaging with the new and existing users. Irrespective of trailing to …

Jack Ma, Alibaba Founder To Put 200 Million Yuan In Chinese Medical Device Co.

Alibaba Jack Ma has been actively venturing into the Chinese healthcare business over the past few months. Jack Ma, founder of Alibaba Group Holding Ltd, already one of the richest man of the world and a very investment savvy people, is no…

Evercore ISI Downgraded Twitter Stock To Hold And Slashed FY16 Estimates

Evercore ISI adjusted the rating for Twitter stock and slashed some estimates for FY16. On Thursday, Evercore ISI issued a report for investors covering stock of Twitter Inc. Ken Sena an analyst at Evercore has adjusted the price target an…

Bank of America to Continue Bullish Momentum

Analaysts at Bidness Etc expects a continuation of the bullish momentum in Bank of America stock. In recent months, Bank of America Corporation stock has been facing upward trend. The share started the year with an outstanding $17.90 mark,…