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Apple steps up with new products and services

June 11, 2013 9:11 am
Apple unveiled couple of new products and services at the Worldwide Developers Conference yesterday. The company is said to be struggling with innovation ideas recently, as the new iPhone version was a sale disappointment for the tech giant. This time company seeks to recapture its authority and persuade its potential customers that Apple hasnt lost […] Read more

Sony vs Microsoft in a console battle

June 11, 2013 7:48 am
Sony Corp. came out with a price for its new Sony PlayStation 4 console. The new gaming experience offered by the company is valued $399, positioned $100 cheaper than its main competitor Xbox One by Microsoft Corp. Sony took some advantage in the battle for gamers affection as stating their new version of the console […] Read more

US stocks declined after two day record

June 11, 2013 6:41 am
US stocks plunged after reaching to highest since January point last two days. Investors were expecting just the opposite as there have been indicators like the credit rating upgrade from S&P. US ratings have been updated from negative to stable. “The S&P upgrading of U.S. debt is certainly good in a sense that it takes […] Read more

US stock futures climb following two day trend

June 10, 2013 12:02 pm
The US stock index futures rose following a significant two day climb  that hasnt happened since January this year. S&P 500 futures expiring this month gained 0.4%, Dow Jones Industrial Average added 0.3%. Apples futures are trading higher as company is supposed to unveil a new version of the software used in iPhone and iTab […] Read more

Intel’s share price highly undervalued

June 10, 2013 9:36 am
The companys future is looking more than stable as investors have predicted for this year. The company is well positioned and hoping to receive gains from its smartphone and tablet chips. Strong performance in server sector and increased PC sales are said to beat investors predictions. PC sales this year have been suffering immensely as […] Read more

Google to beat Facebook in a Waze auction

June 10, 2013 8:29 am
Google is very close to acquire the navigation and traffic application Waze for $1.3 billion said a person familiar with the negotiation talk to The Wall Street Journal. Facebook was supposed to pay $1 billion to buy the Israeli company that uses satellite signals to generate maps and traffic data from members smartphones. The deal […] Read more

US stocks index surge after positive data

June 10, 2013 7:03 am
After Fridays positive data for the non-farm payrolls change US stocks indexes went up reaching monthly high and giving the investors mixed signals of what the Fed would do to the stimulus program. Dow Jones Industrial Average posted its second sharpest raise this year. S&P 500 also rose significantly and Nasdaq Composite remained unchanged. The […] Read more

UK stocks high on US payrolls data

June 7, 2013 1:32 pm
UK top benchmark indexes rose significantly over positive US data. The change in non-farm payrolls topped estimates with 12 000 more jobs open than predicted. The FTSE 100 index is up 0.37% today making a big jump right after the US data was posted. Bellway Inc, the residential property developer surged 3% after the company […] Read more

US stock futures unchanged, waiting on US data

June 7, 2013 12:02 pm
US stock index futures were almost unchanged today as important data on US unemployment rate is yet to be released. The important indicator could be a turning point in the discussion of whether US government should taper on bond buying stimulus program. S&P 500 index futures fell less than 0.08%, Nasdaq Composite is down 0.15% […] Read more

MAN SE threatens VW with a legal battle

June 7, 2013 11:00 am
Volkswagen Group made an offer to MAN SE minority shareholders to buy out their shares for 80.89 euros per share. Right now the company owns 75% of MAN SE shares and the offer aims to make VW a sole owner of the mechanical engineering company. The offer represents a 7.1% lower number to MAN SE […] Read more