Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR

Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation. Continue reading Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR

Warren Buffett’s Berkshire Hathaway Crowned as the World’s Most Respected Company by Barron’s (BRK.A, AAPL, DIS, GOOG)

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. Continue reading Warren Buffett’s Berkshire Hathaway Crowned as the World’s Most Respected Company by Barron’s (BRK.A, AAPL, DIS, GOOG)

Major Movers on May 15; DE, GOOG, CSC, SPWR

Shares of Deere & Company (NYSE: DE) plunged about 4.50% by afternoon trade on Wednesday after the farms equipment manufacturer provided downbeat outlook for the second half of the current year.The Company now expects full-year sales to grow by 5% down from earlier guidance of 6%. The Company however handed better-than-expected adjusted earnings and revenue for the fiscal second quarter. For the fiscal second quarter ended April 30, Deere & Company posted net income of $1.08 billion or $2.76 a share compared to a profit of $1.06 billion or $2.61 a share, in the year-earlier quarter. Revenue rose 9% to $10.91 billion. Analysts’ consensus estimate was for earnings of $2.72 a share on revenue of $9.85 billion.

Continue reading Major Movers on May 15; DE, GOOG, CSC, SPWR

Facebook Unveils Its Third “Pillar”—Graph Search (FB)

For eight years social networking giant Facebook Inc. (NASDAQ: FB) enabled its users to share information, photos, status updates with their friends. As the number of users grew during the course of time, so did the data. Now, having vast pool of data, Facebook has come up with new tool, the Graph Search, which will help its 1 billion plus user base spread across the world to find and filter all those information which the user and  his/her friends have shared on the Facebook.

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Apple Testing Designs for Large-Screen High-Definition TVs (AAPL, GOOG)

According to a report published in the Wall Street Journal, sources familiar with the situation said that Apple Inc. (NASDAQ: AAPL) was working with component manufacturers in Asia to test  out designs for its highly anticipated product — television set.

Continue reading Apple Testing Designs for Large-Screen High-Definition TVs (AAPL, GOOG)

Facebook Starts Placing Ads on Zynga (FB, ZNGA)

Facebook Inc. (NASDAQ: FB) has started placing ads on Zynga Inc.’s (NASDAQ: ZNGA) website. The move is the latest effort from the social networking giant in last few weeks to add revenue sources following its disappointing initial public offering.

Continue reading Facebook Starts Placing Ads on Zynga (FB, ZNGA)