May 20, 2013 9:38 am
The General Motor Co. shares price came back almost to 2011 levels following the global economic picture recent months as it closed at $33.42 on Friday. The share price raise led investors to discuss a possible Treasury withdrawal from the auto maker. That would also help GM to get back in S&P 500 index which […]
Read moreMay 20, 2013 8:49 am
Tumblr is a blogging site and social network company founded in 2007 by its current CEO David Karp. The site employs around 175 people. Millions of blogs and billions of post are the main resource the company offers to its users, accompanied by a strong mobile platform. So far, the company has been unable to […]
Read moreMay 20, 2013 7:57 am
Dow Jones Industrial Index recorded a new record high to 15354.40, an increase of 0.8%. This is a third record high in last four sessions. The last minute raise in shares helped the index to overcome recent share loss in price. The other average also hit a record high. S&P 500 reached price of 1667.47 […]
Read moreMay 17, 2013 2:37 pm
Companys shares slipped by 40% from last years high as investors are loosing confidence of Apple ability as a tech innovator. Following a poll by Bloomberg, 71% of respondents declare that company is falling behind. Of whom 28% suggest this is a permanent trend while 43% believe its a temporary fall and Apple surely will […]
Read moreMay 17, 2013 12:21 pm
New car registrations increased by 1.8% recording first rise since September 2011 acording to ACEA (automotive industry association). That slight climb is believed to be triggered by UK increased demand. The interest in the industry could be explained by seasonal fluctuations related to Easter holiday. Many European markets offered two sales days in March which […]
Read moreMay 17, 2013 8:41 am
As the Fed is buying $85 billion of assets a month, it could implement a monetary policy for buying government securities, increasing money supply for the goal of making market more liquid. That strategy is called quantitative easing. Negative effect of the policy could be depreciation of currency or increased inflation. Stocks fell from their […]
Read moreMay 16, 2013 1:36 pm
Larry Page, CEO of Google, surprisingly appeared at the Googles developer conference where he accused a competitor ( most likely Microsoft Corp.) for trying to steal the spark of Googles shares. He was probably referring to the recent advertising Microsoft ran which poke fun at Googles alternative to Microsoft Office. Page answered the provocation saying […]
Read moreMay 16, 2013 12:32 pm
The DOW Jones Industrial average raised by 0.4% reaching a high sixth time in nine sessions.The S&P 500 added 0.51% increase also reaching a record high.The index has been constantly growing recording drops only on two sessions this month. Despite US economys struggle to get ahead indexes are presenting a good indication. The main suspects […]
Read moreMay 16, 2013 10:57 am
The Research in motion Ltd. (BlackBerry) announced plans to push forward the new message system and make it available for Android operating system thus usable to Apple and Google. BBM has around 60 million active users. Entering in this deal BBM has to compete with other instant message products such as WhatsApp and Viber who […]
Read moreMay 16, 2013 8:43 am
Cisco Systems Inc., the largest computer networking manufacturer, reported 14.5% profit raise from last year. The boost in quarterly sales led to a similar boost in earnings per share. The world leading computer gear maker struggled in recent years because of low demand and severe competition.Thousand of jobs had to be cut in a attempt […]
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