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Sprint, T-Mobile call off merger plans

August 6th, 2014 (0)
Sprint is expected to announce Wednesday that its sought-after merger with T-Mobile is off. The wireless carrier and its parent company, Softbank, decided that regulatory hurdles were too high, The Wall Street Journal reported Tuesday, citing people familiar with ...

Alibaba Has a Computing Cloud, and It’s Growing, Too

August 5th, 2014 (0)
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...

Summer Gas Prices Down Despite Geopolitical Turmoil, Higher Demand

August 5th, 2014 (0)
The American Automobile Association (AAA) has reported that the average pump price of a gallon of gasoline was $3.52 at the end of July, the lowest since March. In fact, July prices dropped more than they have in six ...

PayPal co-founder Levchin, Affirm want to disrupt credit biz

August 5th, 2014 (0)
If you’ve got your eye on a purchase that your credit score says you can’t quite afford, Max Levchin may be able to help. After a brief stint as a Google executive, the PayPal co-founder is back in the ...

Microsoft Probe Fuels China Uncertainty

July 31st, 2014 (0)
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...

The S&P 500 becomes S&P 502

July 31st, 2014 (0)
S&P 502. It just doesn’t found right. Yet, another unorthodox dividend is causing the benchmark Standard & Poor’s 500 index to balloon to include 502 stocks. Media firm Discovery Communications is paying investors one share of its Class C ...

Lords committee against the right to be forgotten

July 30th, 2014 (0)
The House of Lords expressed its opposition to the ‘right to be forgotten’ describing it as ‘unworkable, unreasonable and wrong in principle’, enforcing in this way the government’s opinion against the EU privacy protection laws. The principle, also referred ...

Japan plans to finance foreign Coal Plants

July 29th, 2014 (0)
Following U.S’s and Europe’s negligence for supporting overseas coal projects, Japan has seize the opportunity to advance in this sector. According to the Wall Street Journal, on July 23, Japanese plans were set out in order to support coal-fired ...

U.S. companies search for growth overseas

July 28th, 2014 (0)
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...

13 stocks with over-the-moon price targets

July 23rd, 2014 (0)
Everyone can use a good goal to shoot for. And there’s nothing wrong with shooting for the moon. But some Wall Street analysts are giving stocks lofty targets that blur the line between ambitious and astronomical. There are 13 ...
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