Bloomberg reports on a recent change at the top job at Ford Motor Company (NYSE:F), where Mark Fields has been appointed as the new CEO. Fields has replaced his predecessor Alan Mulally on the CEO post and, as reported by Bloomberg, is taking the CEO chair at a time when the company has come out of its misfortunes of 2009 when it has gone nearly bankrupt and is now more lean and profitable. Fields has served Ford Motor Company (NYSE:F) for the last 25 years and was its Chief Operating Officer for the last one and a half years. Fields…
Author: Neha Gupta
Lou Dobbs from Fox Business News has reported on the recent outcry in the social media space on the news that the most famous social network of the 21st century i.e. Facebook Inc. (NASDAQ:FB) had conducted an experiment over its large user base. The experiment that was psychological in nature was conducted to determine the effect that news feeds in the social network can have on its users emotions i.e. whether a positive or negative news feeds can generate a similar positive or negative comments respectively from a user. The result of the study was obvious but at the same time…
The year will be great for soyabean and corn crops, and so it’s time to pick up the best food companies, which would be getting advantage from this crop boom. During a CNBC program, Dennis Gartman of the Gartman Letter placed Kellogg Company (NYSE:K), General Mills, Inc. (NYSE:GIS) and Campbell Soup Company (NYSE:CPB), among his top picks, which are in a position to get the benefit from the increased production in soyabeans and corn. Input Costs Gartman’s focus on the food companies come in the backdrop of the report issued by the U.S. Department of Agriculture, according to which, the supplies…
Celgene Corporation (NASDAQ:CELG)’s stock continues to hold a bullish tag with many analysts as the stock continues to enjoy an upswing in the market. According to, Mark Schoenebaum, an ISI Pharma/biotech analyst in an interview on CNBC, despite the company having a patent issue on its lead drug, all could change for the better in the coming months. Mr. Schoenebaum is banking on Celgene Corporation (NASDAQ:CELG) to perform better in the coming months at the back of its new drug for gastrointestinal disease, Crohn’s disease. The report data for the disease is expected to come this fall, and Mr. Schoenebaum expect…
Glu Mobile Inc. (NASDAQ:GLUU)’s stock continue to soar in the gaming world at the back of the company’s latest game, Kim Kardashian Hollywood. The game is already number two in Apple Inc. (NASDAQ:AAPL)’s app store highlighting its potential to drive the company’s growth even further. Glu Mobile Inc. (NASDAQ:GLUU)’s CEO Niccolo M. De Masi has told Bloomberg news that the company has been working with Mrs. Kardashian West closer to two years, to make the game a reality. “It is an incredible partnership around a proven monetizing game engine, her brand, her user base and I think she certainly exceeded…
Sports continue to spur growth in Digital Video Content almost the same way; presidential debate did for big Live events. AOL, Inc. (NYSE:AOL) Chairman and CEO Tim Armstrong in an interview on Bloomberg TV shared the same sentiments reiterating the huge investments going to Live-TV events. AOL, Inc. (NYSE:AOL) is already investing heavily into Original Video Live content as the space continues to gain more traction in the industry. There have been huge investments towards infrastructure development expected to increase bandwidth for customers, to ensure further growth of Original Video Live content, according to AOL CEO. AOL, Inc. (NYSE:AOL) has already…
Nike Inc. (NYSE:NKE)’s CEO Mark Parker in a Snippet with CNBC’s Sara Eisen has reiterated that the company is shifting its focus into Digital Technology, seen as one of the segments with great potential to spur growth and shun competition from the likes of Adidas. Mr. Parker has affirmed that the company is building a one-of-a-kind integrated system for digital services, aimed at providing a seamless access to the company’s products. “We are building an integrated system of digital services to provide seamless access to our products, a full array of services in the most advanced digital tools to measure motivate…
The battle of who is who in terms of offering the best prices to customers does not get any better than between Costco Wholesale Corporation (NASDAQ:COST) and Amazon.com, Inc. (NASDAQ:AMZN). In an interview with CNBC’s David Faber, the former Costco’s CEO Jim Sinegal kept a respectful wary eye on Amazon in terms of products and prices that the online store offers and why he thinks Costco offers some of the best deals. Mr. Sinegal could not fail to recognize the determination and guts that Amazon.com, Inc. (NASDAQ:AMZN) co-founder Jeff Bezos has shown ever since the Dot com period collapse where…
Google Inc. (NASDAQ:GOOG) wants to be everywhere seen by its latest products unveiled at the developer conference. The giant software company wants to see its Android software used in powering everything, from cars, TV’s and wearables; this is great, but Apple Inc. (NASDAQ:AAPL) also wants to do the same. The battle essentially arouses the question, who is going to win the fight to control the Living Room? Jefferson Graham Tech Columnist at USA Today in an interview on CNBC when asked who is going to win the battle, affirmed that nobody yet, is winning the battle considering a number of…
NextEra Energy Partners, LP, which is which is a spin-off from the parent company NextEra Energy, Inc. (NYSE:NEE) to operate ten winds and solar energy projects, announced on Thursday that it has procured $406 million through its Initial Public Offering (IPO) at the rate of $25 per share. NextEra Energy Partners had earlier floated the IPO offering 16.3 million shares, priced within the price band of $19-$21, but later revised it towards the range of $23-$25. Proposal Rejected Other than this, a Reuters report highlighted this week that Energy Future Holdings has rejected NextEra Energy, Inc. (NYSE:NEE)’s $2.3 billion proposal…
Amazon.com, Inc. (NASDAQ:AMZN) rises to the top as a force to reckon with in terms of book sales. It goes without saying that the company is by far the most important company in terms of the book business. CNBC’S David Faber in an interview pointed out that Amazon controls approximately a third of the book business making it the biggest player. Amazon.com, Inc. (NASDAQ:AMZN) growth to becoming the biggest book seller company has seen it fall prey of scrutiny from regulators, as well as, causing headaches to many publishers. Having done a number of documentaries on the practices of Wal-Mart Stores, Inc.…
Google Inc. (NASDAQ:GOOG) has spent many years trying to find its way into screens at homes. At the I/O Developer conference the giant search engine looks to have made a breakthrough as the company introduced three smartwatches, a software to make cars smart and most importantly an Android TV. If Google Inc. (NASDAQ:GOOG) gets it right in terms of marketing with its latest updates, then it is all but set to enjoy a good stream of revenue. Will Dunn an associate editor at Stuff TV said during an interview on CNBC: “In a way it’s not all up to Google…