Microsoft Corporation (NASDAQ:MSFT) has a wide product portfolio including OS for PCs, servers, phones; computing environments; productivity and business solution applications; desktop management tools; software development tools; video games and advertising. On the other hand Dreamworks Animation Skg Inc (NASDAQ:DWA) is completely engaged in animated feature films, TV series and live entertainment. Both these giants come together on a new venture. Julia Boorstin talked on Nightly Business Report about this new venture. She said that Microsoft Corporation (NASDAQ:MSFT) and Dreamworks Animation Skg Inc (NASDAQ:DWA) are combining forces to bring the dragons into the world around us through their new game.…
Author: Varsha Khatri
Yahoo! Inc. (NASDAQ:YHOO) reported a weak quarterly earnings for the Q2. Their revenue dropped by 4% in Q2 to $1.08 billion from the year-ago quarter. This is the lowest reported revenue growth since Marissa Mayer took over the company. With Alibaba set to go public next month, investors feel that this might pump some cash into Yahoo. David Kirkpatrick, the CEO of Techonomy Media Inc. talked on Bloomberg on Yahoo’s current status and what could Alibaba do to them. In another Bloomberg Show, Eileen Burbidge, Partner at Passion Capital talked on Yahoo’s decision to retain major Alibaba Shares at IPO and its…
Tesla Motors Inc. (NASDAQ:TSLA) is a pioneer in design, manufacture and sales of electric cars and electric vehicle power train components. Model S Sedan was considered to be one of the pioneering efforts from Tesla and also was present at Smithsonian Museum with the display of history’s most revolutionary automobiles. One such model was bought by Wisconsin based doctor, which he claimed was a ‘lemon’. He claimed that the car was in the shop for 66 days during the first few months of purchase. Attorney Vince Megna, filed a lemon lawsuit against Tesla Motors Inc. (NASDAQ:TSLA) on the behalf of…
Facebook Inc (NASDAQ:FB) is set to track what movies/TV shows people are watching on their mobiles, tablets, etc. This is to help Nielsen Hldg NV (NYSE:NLSN) learn more about the mobile TV watchers. Information such as age and gender of person and the TV shows/Movie that they are watching would be sent to Nielsen for their analysis. Previously Nielsen Hldg NV (NYSE:NLSN) tracked the meters on home television and in the ongoing digital age they realized that the old method is getting outdated and they need to do something different to get the data. What they do? Partner with Facebook…
Yahoo! Inc. (NASDAQ:YHOO) reported a dismal quarterly earnings for the Q2. Their revenue dropped by 4% in Q2 to $1.08 billion from the year-ago quarter. This is the lowest reported revenue growth since Marissa Mayer took over the company. With Alibaba set to go public next month, investors feel that this might pump some cash into Yahoo. Rob Sanderson, MKM Partners Senior Analyst and Colin Gillis, of BCG Financial, talked on CNBC regarding Yahoo! Inc. (NASDAQ:YHOO) quarterly earnings report and the impact of Alibaba IPO on the company. Sanderson said that many people are focusing on EBIDTA number which is better…
Aeropostale Inc (NYSE:ARO) is a specialty retailer in casual accessories and apparels. This is a mall based company and targets the teens for their products. This Specialty retailer was found back in 1973 and following its IPO in 2002 had the best 8 years hitting double digit revenue growth consistently. Since 2011 Aeropostale Inc (NYSE:ARO) had lost around 90% of its market value. Revenues reduced from $2.9 billion in 2011 to current value of $251 million. Stock price also dropped from $31.1 in 2011 to current value of $3.2. This huge turnaround since 2011 is mainly attributed to lackluster performance…
GoPro Inc (NASDAQ:GPRO) made a scintillating debut in share market in June 26, 2014 with IPO price of $24 per share. In less than four days of trading the share values doubled. As the Camera Giants options became valid for trading, the stock price started dropping. Stock price went into thirties for the past few days but again is up into the forties. Alex Guana, JMP Securities Senior Analyst, talked on CNBC about the camera maker’s success and growth that he is foreseeing for the company. JMP securities was one of the first companies to initiate coverage on GoPro Inc (NASDAQ:GPRO)…
Amazon.com, Inc. (NASDAQ:AMZN) is a leading company which serves its customers through retail websites. They enable the option of customers selling their products through their portal. They also allow authors, musicians, app developers and film makers to sell their content directly to consumers without help of agents. Amazon.com, Inc. (NASDAQ:AMZN) is going through a torrid time because of a law suit filed against them by FTC. There was also some general feeling among investors and type of business that Amazon does may not see long term benefit. But Bill Nygren, Portfolio Manager, Oakmark Funds thinks otherwise. Nygren said on CNBC…
Royal Dutch Plc (NYSE:RDS.A) referred by many people as Shell, is a multinational oil and gas company. This is the second largest company in the world in terms of revenues. This company was founded in 1907 merging two rival companies at that time, Royal Dutch Petroleum Company and Shell Transport and Trading Company. Royal Dutch Plc (NYSE:RDS.A) had two upgrades in the past week. Shell was upgraded from “Hold” to a “Buy” rating by Equity Research Analyst’s research note at Deutsche Bank AG (NYSE:DB) on Wednesday (July 9). On a separate independent research by JP Morgan Chase & Co (NYSE:JPM)…
Apple Inc. (NASDAQ:AAPL) introduced a new feature in its iOS 7. Apple’s iPhone with iOS 7 had a feature named ‘tracking frequent location’. This feature keeps track of places visited by the user and also the frequency of visits. Chinese Government recently called the feature as threat to their national security. They feel that the data logged on device could be used to leak confidential state secrets, countries economy details, etc. They also said that they would held Apple Inc. (NASDAQ:AAPL) responsible if anything like that happens. Bloomberg’s Scarlet Fu reported on the Top Company news regarding the tussle between…