Boeing is a great company which has been building airplanes for a couple of years now. Maybe without even knowing we’ve all been at some point inside of a Boeing airplane, but even though it is a highly skilled and known company, this does not mean it does not...
Leonardo Riggio, Chairman of Barnes and Noble, announced today that he is planning on purchasing retail assets of Barnes and Nobile and their official website. However, he also explained that he doesn’t have any plans in purchase their associated Nook business anytime now. This increased the company’s shares by...
After suffering from the biggest fall in benchmark indexes experienced since November, the U.S. stocks have advanced after better than expected data poured in from the consumer confidence and housing sector. In the least of homebuilders, PulteGroup Inc. and KB Home gained more than 5.7%. Home Depot Inc. also saw...
Sony plans to use its PlayStation 4 as a platform to return to glory. Over 300 million PlayStations were sold through its first 3 generations. Sony created a new form of video gaming with the device and generated huge profits. The PS4 launched on Wednesday is an attempt by...
Monsanto’s patents over genetically modified soybeans appear to be safe as Tuesday’s proceedings saw Monsanto’s counsel leading the argument. The patent was challenged by a farmer from Indiana who had used the soybeans without paying any fee to the company. The case raised the question whether the patent rights for...
The U.S. Federal Reserve announced today that they are planning on ramping up their monetary stimulus in a considerable manner this year in comparison with 2012. James Bullard, the president of St. Louis Reserve Bank, announced the switch is going to include outright bond purchases and interest rates are...
The second largest lender in the U.S., Bank of America acquired record assets in 2012 towards its sections servicing employee-benefit and retirement plans. The company cross-sold the products via the commercial bank. BofA claims to have acquired new assets worth over $24 billion, which is a growth of over 28%...
Even with a backdrop of companies trimming their orders, factories in the United States saw an increase in their orders in December. The Commerce Department reported that while the orders in November had fallen by 0.3%, the December figures grew by 1.8%. Core capital goods make a major impact on...
Time Warner announced today that they are currently in the talks to sell several of their magazines to Meredith Company, one of the media giants if the United States that mainly specializes in women publications. Most of Time Warner’s other magazine units are also for sale such as People...
In the middle of a ‘buyout’ deal that would allow the company to go private, instead of public under the constant drive of Wall Street, Dell Inc. faces some new opposition to a deal that was close to being agreed upon. As the shareholders look to get the best...