Home Depot Beats the Street, Increases Forecast Again

Posted by Dan Clarke on Aug 15th, 2017 // No Comments

On Tuesday, Home Depot posted its highest revenue for a quarter in the history of the business, with sales at same stores also beating expectations on Wall Street. While a number of retailers continue to struggle to increase sales,...

Aldi Entering the Grocery Delivery Business with Instacart

Posted by Dan Clarke on Aug 14th, 2017 // No Comments

Aldi Inc. the grocery chain based in Germany announced Sunday that he will partner with Instacart Inc. for delivery of groceries in three cities in the United States, a move that arrives amidst much competition along with disruption...

Coal Company Pulls Its IPO Because of Market Conditions

Posted by Dan Clarke on Aug 12th, 2017 // No Comments

Contura Energy, a U.S. coal company at one time credited U.S. President Donald Trump for giving the coal industry a brighter future. However, now the company has ended its plans to go public because of what it called market conditions. Contura...

Amazon Looking at Food Technology for Deliveries

Posted by Dan Clarke on Aug 11th, 2017 // No Comments

Amazon.com Inc. is looking at new food technology that the U.S. military first developed to produce tasty meals that do not require refrigeration, as the e-commerce behemoth searches for new ways to squeeze into the U.S. $700 billion...

Mylan Slashes Forecasts Due to Weak Prices and Delay in Drugs

Posted by Dan Clarke on Aug 10th, 2017 // No Comments

Mylan NV announced this week that the delays in the launching of its new key drugs and the weakness of prices for its generics across the U.S. will pull down profitability in 2017 and 2018. The maker of generic drugs announced that...

McDonald’s Increases Its Estimate for New Locations in China

Posted by Dan Clarke on Aug 8th, 2017 // No Comments

McDonalds Corp announced that it would nearly double the store count it currently has on China’s mainland by 2022. That is slightly higher than had been expected, as part of the burger chain’s strategic partnership with CITIC Ltd...

Profit at SoftBank Tops Expectations Amidst Move into Investing and Deals

Posted by Dan Clarke on Aug 7th, 2017 // No Comments

SoftBank Group Corp posted earnings that are beginning to reflect the transition it is making that makes deals and invests. The company’s operating profit reached 479.2 billion yen or $4.3 billion, which beat expectations on Wall...

U.S. Adds 209,000 New Jobs, Unemployment Drops

Posted by Dan Clarke on Aug 5th, 2017 // No Comments

Job growth in the U.S. remained steady during July, though workers have continued to see slower increases in wages, showed data released by the U.S. Department of Labor on Friday. The jobs report showed an increase in new jobs of 209,000,...

Shares of Teva Plunge on Prices of Generic Drugs, Rivals Follow Suit

Posted by Dan Clarke on Aug 4th, 2017 // No Comments

The largest generic drug maker in the world, Teva missed on profit expectations, as generic drugs continued with lower prices than expected. Although a boon for the consumer, the low generic drug prices have created a challenging environment...

World Stocks Drop as Shares of Tech Stocks Plunge

Posted by Dan Clarke on Aug 3rd, 2017 // No Comments

Stock markets around the world were down in Thursday trading led by a plunge in shares of tech stocks after the Dow Jones on Wall Street broke through the 22,000 barrier for the first time the 121-year history of the exchange. The...

Profit at BP Hit by Write Off, Prepares for Continued Low Oil Prices

Posted by Dan Clarke on Aug 1st, 2017 // No Comments

BP posted earnings that beat expectations by analysts Tuesday, despite profits being more than halved from the first quarter of 2017 after a big charge from its project located in Angola that proved unsuccessful. Profits at the British...

Profit and Buyback Show HSBC Progressing

Posted by Dan Clarke on Jul 31st, 2017 // No Comments

With its profit growing 5% during the first six months of 2017 and a third buyback of shares in the past year, HSBC is progressing in its turnaround plan. The largest European bank saw its shares move up 3% to a high of four years...

Semiconductor Stocks Slowing But More Earnings to Come

Posted by Dan Clarke on Jul 30th, 2017 // No Comments

The high-flying semiconductor shares might be in for some losses over the upcoming weeks as a large number of chipmakers will be reporting their quarterly results in a sector which might have run up too far in the eyes of some investors. Over...

Sprint Looking for Options to T-Mobile Merger

Posted by Dan Clarke on Jul 29th, 2017 // No Comments

Sprint Corp, the wireless carriers, proposed a merger with Charter Communication as it seeks alternatives to a merger with T-Mobile US that has not come to fruition, says an unnamed source close to the situation. Softbank Group Corp,...

Intel Posts Higher Revenue and Profit

Posted by Dan Clarke on Jul 28th, 2017 // No Comments

Intel Corp. posted an increase in its quarterly profit while raising its forecast for earnings that showed it has for now been successful in fighting off attacks from its rivals across its core businesses. Revenue increased by 9% from...

Profit Helps Shares of Boeing Gain the Most in Eight Years

Posted by Dan Clarke on Jul 27th, 2017 // No Comments

Boeing Co saw its shares surge over 8% to reach a new all-time high Wednesday after the largest plane maker in the world posted a profit and cash flow for the second quarter that easily exceeded expectations on Wall Street. The company...

Hyundai Motor Sees Profit Slump

Posted by Dan Clarke on Jul 26th, 2017 // No Comments

South Korea based Hyundai Motor reported its smallest net profit for a quarter in the last five years, coming up short of expectations and warned that the second six months of 2017 would be difficult as sales will be hit by political...

Michael Kors Acquiring Jimmy Choo for $1.2 Billion

Posted by Dan Clarke on Jul 25th, 2017 // No Comments

Michael Kors now has shoes to complement its handbags. Michael Kors Holding on Tuesday announced that it agreed to purchase Jimmy Choo the shoe maker in a deal worth £896 or approximately $1.2 billion. This is the most recent push...

General Motors Might Stop Making Chevy Sonic, Volt and Other Cars

Posted by Dan Clarke on Jul 24th, 2017 // No Comments

General Motors put six of its vehicles under close review including it Chevrolet Volt hybrid and will evaluate whether to stop making them over the upcoming years, says a report by international news agency Reuters. This news came...

Officials in Europe Probe German Car Cartel Claims

Posted by Dan Clarke on Jul 23rd, 2017 // No Comments

On Saturday, officials in Europe that govern antitrust confirmed they are currently investigating claims that Germany’s major carmakers might have operated a cartel dating back as far as the 1990s, colluding on things from engine...

Shares of GE Slump as Profit Drops

Posted by Dan Clarke on Jul 22nd, 2017 // No Comments

On Friday, shares of General Electric were down sharply after the company posted a decline of 59% in profit for the second quarter and put off a cut that was expected to its earnings targets for 2018 until November, when CEO John Flannery,...

T-Mobile New Subscribers Increase by 1.3 Million

Posted by Dan Clarke on Jul 20th, 2017 // No Comments

T-Mobile added over 1.3 new customers during its second quarter, marking the 17th consecutive quarter with over 1 million net subscriber additions. Over 800,000 of the new subscribers during the most recent quarter were postpaid subscribers,...

Reckitt Sells Food Business to McCormick & Co.

Posted by Dan Clarke on Jul 19th, 2017 // No Comments

McCormick and Co the spices maker based in the U.S. has agreed to acquire the food business of Reckitt Benckiser Group for $4.2 billion, which is higher than was expected and gives it a bigger sauces and seasonings portfolio. Reckitt,...

Netflix Posts Strong Quarterly Earnings

Posted by Dan Clarke on Jul 18th, 2017 // No Comments

Beyond being nominated for 91 Emmy awards, Netflix has something else to be proud of. The video streaming service said on Monday afternoon that it added over 5.2 million new subscribers during its second quarter, which was up 1.7 million...

Wall Street Will be Tested as Market Braces for Deluge of Earnings Reports

Posted by Dan Clarke on Jul 17th, 2017 // No Comments

Stocks in the U.S. were ready to open in record territory Monday as investors prepared for what will be a busy week with several companies reporting earnings and an important report on manufacturing. The futures for the Dow Jones were...

Drama on Capitol Hill Not Affecting Wall Street

Posted by Dan Clarke on Jul 16th, 2017 // No Comments

Wall Street is not showing any concern about what is taking place in Washington. The stock market continues to rewrite the record books despite ongoing legislative gridlock and political scandals in Washington, D.C. On Friday, the...

NPR Workers Threatening to Strike

Posted by Dan Clarke on Jul 15th, 2017 // No Comments

Workers at National Public Radio could strike, as employees that the SAF-AFTRA union represents remain in a deadlock during their latest negotiations over a contract. Unionized employees at NPR have been working with expired contract...

J.C. Penney Adding Toy Shops Inside Stores

Posted by Dan Clarke on Jul 14th, 2017 // No Comments

Department stores have had their problems of late, but one retailer hopes it has found a new lifeline – toys. On Thursday, J.C. Penney announced that it is planning to open toy shops in all of its physical store locations. The idea...

Hackers Steal More Personal Information from Trump Hotels

Posted by Dan Clarke on Jul 13th, 2017 // No Comments

Guests at 14 properties owned by President Donald Trump, including hotels in New York, Washington and Vancouver had information from their credit cards exposed, which was the third time in the same number of years that a security breach...

Chipotle Test Marketing Cheese to Add to Menu

Posted by Dan Clarke on Jul 12th, 2017 // No Comments

People throughout the U.S. might soon have the chance to order cheese at their local Chipotle. If the trial run that the burrito maker is testing at its public test kitchen located in New York City is a success, the cheese could soon...

PepsiCo Profit for the Quarter Beats on Pricing Hikes

Posted by Dan Clarke on Jul 11th, 2017 // No Comments

PepsiCo Inc. posted a quarterly profit that beat estimates as price hikes for snack foods and sodas across North America boosted the bottom line and the company sold a minority stake in Britvic Plc a bottler in Britain. On Tuesday,...

Sears Closing Another 43 Stores

Posted by Dan Clarke on Jul 9th, 2017 // No Comments

Sears Holding, the Sears and Kmart parent company, announced late this week that it would be shuttering eight namesake Sears stores and another 35 Kmart stores, adding to the already listed 236 stores that it announced it is planning...

Jawbone at One Time Worth $3 Billion, Now Shutting Down

Posted by Dan Clarke on Jul 8th, 2017 // No Comments

Jawbone, the business that made Bluetooth speakers and fitness trackers is shutting down and liquidating its assets said one source familiar with the company’s plans, marking just the latest casualty in the wearable device market...

Microsoft Begins Laying Off Thousands

Posted by Dan Clarke on Jul 7th, 2017 // No Comments

Microsoft will lay off thousands of its employees with the majority of job cuts hitting the sales force at the software maker. The majority of job cuts will hit employees working outside the U.S., although some will hit at its headquarters...

Alibaba One of Newest Investors in Ofo the Bike Sharing Startup

Posted by Dan Clarke on Jul 6th, 2017 // No Comments

Ofo the bike sharing startup based in China has set a goal of global expansion saying Thursday that it had raised more than $700 million in its latest funding round including monies from the Alibaba Group. Ofo’s funding round had...

Samsung Overtaking Intel in Chip Race

Posted by Dan Clarke on Jul 5th, 2017 // No Comments

Samsung Electronics should post its best ever profit for a quarter with soaring sales in memory chips driving it past Intel Corp as the largest maker of semiconductor chips through revenue for just the first time. The soaring demand...

Total Investing $1 Billion in Gas Field in Iran

Posted by Dan Clarke on Jul 3rd, 2017 // No Comments

On Monday, Total SA, based in France, said it has agreed to a deal win Iran to invest $1 billion in a giant gas field in the Islamic Republic, which marks the first big investment in many years by a company from the West in Iran’s...

Profit Surges at Micron Technology on Demand for Memory Chips

Posted by Dan Clarke on Jul 2nd, 2017 // No Comments

Micron Technology forecasted revenue and profit that was better than had been expected for its ongoing quarter as it has become the benefactor of improved prices for memory chips amidst tight supply that added to demand from providers...

Infiniti Announces Deal with NBA’s Stephen Curry

Posted by Dan Clarke on Jun 28th, 2017 // No Comments

Nissan Motor Co., the Japanese automaker announced that Infiniti its premium brand has entered into a marketing agreement with Stephen Curry a star with the NBA Champion Golden State Warriors. During his first year in the marketing...

Foxconn Planning U.S. Plant For Making Displays

Posted by Dan Clarke on Jun 26th, 2017 // No Comments

Foxconn, the largest contract electronics maker in the world and a major supplier for Apple Inc. is planning an investment of over $10 billion in a factory that will make displays. The plant will be in the U.S. and next month Foxconn...

Qatar Airways Wants A Piece of American

Posted by Dan Clarke on Jun 26th, 2017 // No Comments

This week, the aviation industry was taken by surprise when American Airlines made an announced that Qatar Airways, the government-owned airline asked to acquire a minimum stake of 10% in the U.S. based air carrier. The overture, which...

SnapChat’s “Snap Map” Worries Parents Over Privacy

Posted by Dan Clarke on Jun 26th, 2017 // No Comments

Snapchat has introduced Snap Map, its latest feature with some people very excited about it but others, such as parents, worried about how it will impact the privacy of their children. This new features allows users to see where all...

Revenue at Oracle Exceeds Expectations Thanks to Cloud Demand

Posted by Dan Clarke on Jun 22nd, 2017 // No Comments

The push by Oracle Corp into the cloud computing arena has picked up momentum helping to spark a fourth consecutive quarter of increased revenue for the maker of software. The company, which established a record high at the close Wednesday...

Lockheed Martin Could Manufacture Jets in India

Posted by Dan Clarke on Jun 20th, 2017 // No Comments

Lockheed Martin says that one of the most commonly known fighter jets might soon be made in India. On Monday, Lockheed Martin said its F-16 classic aircraft will be made in the Asian country of India if the government there grants...

Trends In Modern Office Management

Posted by admin on Jun 19th, 2017 // No Comments

Our current timeframe has seen huge advancements in technology, both on- and off-line. The technological level we enjoy now – use of small actuators included – is something which has been moved towards since at least the mid-twentieth...

Choosing a Perfect Topic for Research

Posted by admin on Jun 19th, 2017 // No Comments

Have you ever engaged in a research work? Perhaps as a research assistant or you have observed other students conducting a research study. However, before the actual research work, the greatest challenge that students face is choosing...

Google Increases Measures Made to Remove Extremist Content

Posted by Dan Clarke on Jun 19th, 2017 // No Comments

Google is set to implement additional measures that will help to identify and to remove violent extremist or terrorist content in YouTube its highly popular platform for video sharing, said the company late Sunday in one of its blog...

McDonald’s Parting Ways with Olympic Games

Posted by Dan Clarke on Jun 18th, 2017 // No Comments

McDonald’s will not be a sponsor any longer of the Olympic Games. The burger chain will end its affiliation of decades with the Olympic Games, cutting a deal shorts that it has in place that was set to run through at least 2020. McDonald’s...

Walmart Acquiring Online Men’s Retailer Bonobos

Posted by Dan Clarke on Jun 17th, 2017 // No Comments

Retail giant Walmart will acquire Bonobos the online men’s clothing retailer for a cash price of $310 million, showing that it continues to gobble up hip clothing brands as it tries to gain ground on Amazon. The acquisition is another...

Shares of Snapchat Parent Fall to Opening Price of IPO

Posted by Dan Clarke on Jun 16th, 2017 // No Comments

It appears the bears over Snap were right after all – at least for the time being. Shares of Snapchat’s parent, Snap Inc. were down close to 5% in Thursday trading, and reached the price of its initial public offering of $17 per...

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