Home » Archive for April, 2015
Chipotle Delivery Coming To 67 Cities (NYSE:CMG)
Restaurant chain Chipotle Mexican Grill has announced that it would begin food deliveries in 67 cities through a partnership with delivery startup Postmates. Chipotle has been seeking to gain more traction in the fast casual industry... More of this article »
UPS Reports Increase in Earnings
United Parcel Services announced on Tuesday that its earnings for the first quarter were up 14% boosted by all new pricing initiatives and solid growth in its domestic sector. Earnings beat Wall Street expectations, although revenue... More of this article »
Second Quarter Earnings for Apple Will Be All About China
Apple will be posting its second quarter earnings on Monday April 27 after the close of the financial markets. The quarter is the second complete quarter since it highly popular iPhone 6 entered the market. While the second quarter... More of this article »
IBM Launches New Health Initiative (NYSE:IBM)
IBM is partnering with Apple, Johnson & Johnson and Medtronic to adapt its Watson artificial-intelligence technology for health care. IBM plans to use the Watson technology to create a cloud-based service can collect vast stores... More of this article »
Apple Watch with Low Key Debut
Apple Watch officially debuts today in England, but do not expect any fanfare or the long lines that stretch around a city block at the nearby Apple Store. Apple, which is well known for high profile as well as self-congratulatory... More of this article »
Revenue and Profit at Yahoo Misses Forecasts
Yahoo Inc missed the revenue as well as profit forecasts of Wall Street as a slight amount of growth in its advertising business online was offset by large payments to its partners and websites that send readers to its site. However,... More of this article »
Hasbro Shares Surge on Quarter Profit
Hasbro the toymaker that sells brands like Nerf, Monopoly, Play-Doh and Transformers, saw its shares soar by 8% in Monday trading before the market opened after it topped revenue and profit forecasts. Early money prior to the opening... More of this article »
Workers Allege that Walmart Store in California Closed in Retaliation
Some Walmart employees have accused the company of closing one of its locations in the area of Los Angeles for six months in retaliation for the workers demanding better wages as well as benefits. The largest retailer in the U.S. denied... More of this article »
Earnings in First Quarter at Blackstone Soar
Blackstone Group LP the largest alternative asset manager in the world announced Thursday that its profit for the first quarter doubled compared to the same period last year. The increase was thanks to strong sales of assets that were... More of this article »
Amazon Gets Approval To Test Delivery Drones (NASDAQ:AMZN)
The Federal Aviation Administration has given Amazon approval to begin testing its plan for its Prime Air service, which will use drones to deliver products sold by the company to homes and businesses. The FAA told the company in a... More of this article »
Letv Launches Internet Media Business in U.S.
Letv, one of the fastest growing companies in the technology field in China announced on Tuesday it was entering the U.S. market by launching if first smartphone. Letv provides the first of its kind vertically-integrated, open, ecosystem... More of this article »
Spotify Has an $8.4 Billion Value in Latest Round of Funding
According to a nationwide newspaper, Spotify the provider of streaming music is close to landing a new deal for $400 million with the financial institute Goldman Sachs and with the sovereign wealth fund of Abu Dhabi, which would increase... More of this article »
PC Market Plunges Again
It seems as if the PC Market finally had started to stabilize in 2014, but the most recent data released does not look that good. Global shipments of PCs during the 2015 first quarter fell by 5.2% from the same period one year ago.... More of this article »
McDonald’s Wants to Increase the Beef
McDonald’s is bringing back its big burgers in the hope they will in turn bring back their customers. Starting in late April, the largest fast-food restaurant chain will for a short period bring back its beefier burgers in its restaurants... More of this article »
Deutsche Bank Reportedly Near Deal To End Libor Investigation (NYSE:DB)
Reports are surfacing that Deutsche Bank is nearing a deal to pay a record penalty and accept a criminal guilty plea to settle allegations of participation in Wall Street’s manipulation of the London interbank offered rate, or Libor.... More of this article »
Bristol-Myers Announces Investment in UniQure
Bristol-Myers Squibb has agreed to invest in UniQure NV a Dutch company to collaborate on gene therapies used for cardiovascular disease. Due to the investment, Bristol-Myers will have an exclusive access to the company’s proprietary... More of this article »
Europe Takes On Amazon, Google, Facebook and Apple
Tech giants based in the United States are in the middle of a huge tussle with the European Union. The EU is getting worried more and more about big tech dominance, and has launched a new program to boost the tech sector in Europe. The... More of this article »