Timkensteel Corp (NYSE:TMST) has been spinned off from Timken Co (NYSE:TKR) . Unlike many other spinoffs, this one is different, because both companies look good enough and competitive. Jim Cramer has interviewed Tim Timken, chairman, president and CEO of TimkenSteel, on CNBC recently and they discussed how the spinoff helped the stocks of both companies, Timkensteel Corp (NYSE:TMST) and Timken Co (NYSE:TKR). After the spinoff every shareholder got one share of Timkensteel Corp (NYSE:TMST) for every two shares of Timken Co (NYSE:TKR). Cramer was really impressed by the balance sheets of both the companies after spinoff. Timken said that the company has…
Author: Viki K.
Yahoo! Inc. (NASDAQ: YHOO) bought 40% stakes in Alibaba in 2005 for $1. Alibaba IPO prospectus could bring in a lot for Yahoo! Inc. (NASDAQ: YHOO) as they must sell one third of their current stakes through IPO. Will this benefit Yahoo! Inc. (NASDAQ: YHOO) Share value or not? Gene Munster, Senior Analyst at Piper Jaffray Companies (NYSE:PJC), talked on CNBC’s “Halftime Report” and he shared his views on how Yahoo! Inc. (NASDAQ: YHOO) could possibly benefit from this. Munster discussed what investors feel about the proper comp. He said that some investors think it is 5 cents but most of…
The market doesn’t seem to be impacted by the issues going on in Iraq over oil and other political issues. Few companies like Chevron Corporation (NYSE:CVX) that are big players in the oil industry seem to be performing fairly. Other companies like Intel Corporation (NASDAQ:INTC) and Microsoft Corporation (NASDAQ:MSFT) also feature the list of high cash flow stocks. Jim Kee, the president of South Texas Money Management, was on Fox Business and he discussed how oil and political crisis in Iraq has not impacted the market. Kee also discussed about his favorite stocks, the stocks that he feels generate high…
GoPro Inc (NASDAQ:GPRO)’s share price has been going up very rapidly since the company launched the IPO last week. The stock is currently trading over $40 today. Geoff Lewis, Founders Fund partner was discussing the tech bubble that might burst in the near future on CNBC earlier today. He feels that there are early warnings where a lot of new companies that are not very good enter the market and incidentally disrupt existing players. Lewis said that the private investors buy by assessing the future of the company and what it might be worth down the road. Lewis was worried…
Tibco Software Inc. (NASDAQ:TIBX) has been working on Big Data for some time now and its Spotfire is now integrated with Big Data. The company has a vision and sees a bright future for Big Data, especially once Big Data becomes Fast Data. Vivek Ranadive, the CEO of Tibco Software Inc. (NASDAQ:TIBX), was on CNBC recently and he explained how Big Data can impact the way financial markets operate and he discussed the role of Silicon Valley in the transition. Ranadive said how non-conventional players in Silicon Valley might disrupt the way everyone looks at Wall Street. “There might be…
Amazon.com, Inc. (NASDAQ:AMZN)’s pricing strategy has always been aggressive and this was recently shown in a documentary on the company’s growth by CNBC during the last weekend. Bob Kohn, the founder of eMusic.com was on CNBC and he discussed about Amazon.com, Inc. (NASDAQ:AMZN)’s pricing model and how it impacted the other market as a whole. He not just spoke about the book industry but about most of the products that Amazon.com, Inc. (NASDAQ:AMZN) sells currently. He was speaking about the documentary and he looked concerned about the problem that markets might face due to the aggressive pricing strategy of Amazon.com,…
Microsoft Corporation (NASDAQ:MSFT) Surface’s initial two versions failed to impress the consumers and they have recently released a newer version of it. The Surface 3 Pro would be soon launched in some of the Asia Pacific markets. Andy Pickup, senior director at Microsoft was on Bloomberg to discuss more about the Surface 3 pro and how it is different from the last two versions. The big challenge as ever ahead of him was that Microsoft Corporation (NASDAQ:MSFT) has always been seen as a software oriented company and now they are into hardware industry. Pickup said that it’s about enabling people…
Intel Corporation (NASDAQ:INTC) has been doing very well on the market recently. The company was not rated as a “market perform” stock by Sanford Bernstein and they have now finally upgraded it from an “under perform” stock. Stacy Rasgon was on CNBC recently and explained the factors behind upgrading Intel Corporation (NASDAQ:INTC). According to him, heavy investment, heavy CAPEX alongside, negative earnings revisions other key factors were the reasons for downgrading the stock earlier. However he admitted that they got it all wrong and the price of the stock went up without actually caring for the factors Sanford Bernstein thought…
Google Inc (NASDAQ:GOOGL) has been known for its social responsibility and the company has supported charitable events and relief programs from time to time. The company has decided to take part in the Pride Parade in San Francisco. CNBC’s Josh Lipton Spoke to Randy Reyes, Google’s Global Diversity Engagement Manager about the Pride Parade and about Google Inc (NASDAQ:GOOGL)’s participation in it. The parade happening in San Francisco is one of the biggest Pride parades anywhere in the world. The big tech companies participated more this year and Google Inc (NASDAQ:GOOGL) was one of them. Reyes said that the reason…
Panera Bread Co (NASDAQ:PNRA) is a chain of bakery-café restaurants in America and Canada. Panera Bread Co (NASDAQ:PNRA) is rolling out its new 2.0 strategy, which enables the customer to order directly from his/her smartphones as well as digital payment, among other things. Stephen Anderson, Restaurant Analyst at Miller Tabak & Co shared on CNBC his view on how this might impact the sales. Anderson feels that Panera Bread Co (NASDAQ:PNRA) is a “victim of its own success.” The company has had a slow sales growth due to the fact that more and more people prefer it to casual sit-down restaurants…
GoPro Inc (NASDAQ:GPRO) is a California based American Corporation, which manufactures and sells HD cameras. GoPro Inc (NASDAQ:GPRO) products are usually used for high speed photography, action video photography, etc. GoPro Inc (NASDAQ:GPRO) made a stunning debut on the stock market on0 June 26. GoPro Inc (NASDAQ:GPRO) stock closed 30% up on the first day of trading. Analysts and traders, however, have a difference of opinions about the stock. CNBC has compiled what different analysts have said about the GoPro’s stock recently. Charlie Anderson, Senior Research Analyst, Dougherty and Company shared his views on GoPro Inc (NASDAQ:GPRO) shares. Anderson supported buying GoPro…
Stocks of the Social media giants like Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Twitter Inc (NYSE:TWTR) and Pandora Media Inc (NYSE:P) were taking a beating and rebounded in recent months. CNBC’s Dominic Chu reported that stocks of all these social media big names started gaining ground and is very close to touching their record high. Chu Said that a lot of focus from investors went to key parts of markets like utilities on one side and energy stocks on the other, but most investors got richer rewards from stealth rally and social media stocks. Chu reported on recent trends of…