Thursday 11 April 2013

JPMorgan Chase & Co. Announces Job Cuts

JPMorgan Trading Up 49.3700 USD per share, +0.6800, +1.43% Despite the banking industry posting its finest success since 2006, the six biggest U.S. banks released plans within the first 3 months of 2013 to eradicate about 21,000 jobs, or 1.8% of their total workforce, according to Bloomberg....

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Wednesday 10 April 2013

Amazon Planning To Acquire Goodreads

Amazon Trading Up 259.010 USD per share, +0.576, +0.01% Without offering additional conditions or specifics, Amazon reported that it intends to acquire Goodreads, an e-reader system that contributes a social level to the experience. With 16 million users, Goodreads is a great investment for...

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Monday 8 April 2013

Facebook Home Causing Apple/Microsoft Battle To Heat Up

Apple Trading Up 423.420 USD per share, +0.200, +0.06% Microsoft Trading Down 28.5100 USD per share, -0.1700, -0.66% Facebook Trading Down 26.7803 USD per share, -0.6200, -2.27% Apple and Microsoft spent two decades combating over market share and technologies within the field of computers....

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Friday 5 April 2013

Telefonica SA Contemplating Additional Asset Sales

Telefonica SA Trading Down 13.4200 USD per share, -0.0100, -0.15% Telefonica SA, the most debt-burdened phone company in Europe, is looking at an additional round of resource sales to assist in meeting its goal of cutting net debt by greater than 4 billion euros this year. The Telefonica Irish...

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Thursday 4 April 2013

BP Takes A Step Back From Clean Energy

BP Trading Down 41.2700 USD per share, -0.6201, -1.51% While oil and gas procedures can obviously be pricey undertakings, the Gulf of Mexico oil spill of 2010 cost BP around $40 billion. Generally speaking, those initiatives provide far greater earnings than clean energy. Considering the large...

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Barclays Along With Others Now Exempt From Dodd-Frank Act

Barclays Trading Down 17.4701 USD Per Share, -0.4400, -2.56% As a consequence of a determination made final by the United States Commodity Futures Trading Commission, Barclays, together with other banks can now be exempt from Dodd-Frank Act swap market regulations when trading in between or...

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Tuesday 2 April 2013

Exxon Mobile Damaged Pipeline Impacting Value

Exxon Mobil Trading Down Exxon Mobil has once again landed itself in a difficult circumstance. For the second time in less than a month a damaged pipeline has lead to a considerable oil spill. This time around, the damage was not limited to the forests, as crude oil was seen streaming through...

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