Apple has displaced Coca Cola to become the world’s most valuable brand, according to very closely watched annual brand survey, conducted by Interbrand. Interbrand, which is subsidiary of Omnicom Group, said in its report that Apple’s strong leadership, huge fan base and a gigantic brand appeal were some of the factors which helped the iPad [...]
Apple Inc. (NASDAQ: AAPL) sold record 9 million iPhones over the weekend. The tech giant’s two latest models, iPhone 5S and 5C went on to sales on Friday. The demand for the 5S model, the high end version, has been so strong that some customers had to go disappointed from Apple Stores due to supply [...]
Apple Inc.’s (AAPL) latest iPhone 5 C, which was unveiled on Tuesday, has failed to excite analysts. Analysts argue that iPhone 5C is priced too high for gaining traction in emerging markets, sending shares down about 5% in regular trading hours on Wednesday. Still, many analysts are positive that the stabilization of margins and company’s [...]
The battle to bring new high tech gadgets first is intensifying between two major players, Apple Inc. (NASDAQ: AAPL) and Samsung. However, it seems that the South Korean Company is outpacing its American rival. According to Financial Times, quoting sources familiar with the matter, Samsung is set to launch its new wearable device, “Galaxy Gear” [...]
Shares of Netflix Inc. (NASDAQ: NFLX) have fallen sharply in trading today after the Los Gatos, California-based company reported that it added less-than-forecast subscribers in the U.S. during the second quarter. NFLX added 630,000 subscribers in the U.S. during the quarter ended June 30, 2013. The company ended the quarter with 28.6 million U.S. subscribers, [...]
Globally renowned value investor, Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.A) was rated as the world’s most respected company by Barron’s in its 2013 survey. [...]
Alkermes Plc (NASDAQ: ALKS) rallied after the company said its mid-stage clinical trial of the drug ALKS 5451, meant to cure depressive disorders, showed it was capable of “significantly reducing” symptoms of depression. The Company said that it carried studies on 142 patients. Based on the outcome of clinical trials, the Company now intends to [...]
Embattled daily deals site Groupon Inc. (NASDAQ: GRPN), whose shares have been under immense pressure due to slowing growth rate and flagging revenue from international markets, received a tremendous boost last week after globally renowned “value investor”, Bill Miller gave the Company surprising endorsement. [...]
Shares of VeriFone Systems Inc. (NYSE: PAY) gained on Tuesday after the card payment machine maker said that its CEO Douglas Bergeron will step down from his position. Bergeron, who served as the CEO for VeriFone for last 12 years, will be replaced by current chairman Richard McGinn on an interim basis. The Company said [...]
Shares of Ultra Petroleum Corp. (NYSE: UPL), an independent oil and gas company, are rallying in trading today. At last check, UPL shares were trading 8.42% higher at $18.41 on above average volume of 4.99 million. The stock hit an intra-day high of $18.44 earlier today. UPL shares have gained more than 13% in the [...] |
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