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
Tag: GOOG
Citigroup Initiates Coverage on 11 Internet Stocks
Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday.
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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
Google Shares Surge on Q4 Results (GOOG)
Shares of search engine giant Google Inc. (NASDAQ: GOOG) have risen sharply in trading today after the Mountain View, California-based company reported better-than-expected earnings for the fourth quarter of 2012.
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.
Continue reading Facebook Unveils Its Third “Pillar”—Graph Search (FB)
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.
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Google Reports Q2 Results (GOOG)
Tech giant, Google Inc (NASDAQ: GOOG) reported on Thursday that fiscal second quarter revenues climbed up by 21%, calming down Wall Street investors nerves’ as they feared that global economic slowdown will take its toll on the internet company.
Yahoo Posts Mixed Quarterly Earnings (YHOO)
Internet Company, Yahoo Inc (NASDAQ: YHOO) reported fiscal second quarter earnings on Tuesday which were slightly lower than last year while its revenues also stood flat.
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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.
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