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Fares on Basic Economy Now on Sale at American, United

This Tuesday, both United and American commenced their sales of the Basic Economy fares that were new. This initiative has been taken in order to match the rival airline company, Delta. The other three big airlines are making efforts to…
A Plunge Seen in HSBC after Missing Profit Estimates

After reporting their quarter four profit missing the estimates due to a surprise drop in the revenue, HSBC Holdings Plc received a drop of epic proportions in London trading, the most in the past eighteen months. The company also warned…
Alibaba’s New Supermarket Plan Dives Deeper into Stores

The team-up of Shanghai Bailian Group Co. and Alibaba Group Holding Ltd. is eminent as Jack Ma is trying to accelerate efforts to add technology into the old fashioned retail sector of one of the largest department stores and supermarket…
HSBC Posts Earnings Much Below the Market Expectations

HSBC Holdings, Europe’s biggest bank missed on its profit estimates by analysts in its Q4 earnings report and announced a $1 billion buyback in the first half of 2017. This is in addition to the $2.5 billion the bank made…
Alibaba Tie-Up Denied, Sun Art Retail Shares Tumbled

After strong hopes of Alibaba Group Holdings Ltd denying a tie up with China’s Sun Art Retail Group Ltd, many investors dumped their stocks from the retail group as the company showed a downbeat outlook in their growth of their…
IMF Agreed to Bail out Mongolia Once Again

As the news of Mongolia reaching an agreement with the IMF (International Monetary Fund) became official, the price of Mongolia’s benchmark 10-year bond rose. IMF agreed to give a $5.5 billion bailout package to the nation to help it stabilise…
IBM Watson’s $200 Million Centre Unveiled in Munich

Finally, the curtain is raised from the $200 million IBM Watson Group’s Internet of Things (IoT) headquarters that was in making in Munich, Germany from past one year. It is IBM’s biggest investment made in Europe in the past two…
Trip Advisor Falters Big Time on Quarterly Results

After TripAdvisor Inc., the online travel company, posted its earnings, its stock took an elevator downstairs. The stock lost around 10%. The company posted numbers way below the analysts’ expectation. While the market was expecting a growth of 6%, it…

The Madison Heights, Michigan-based Moosejaw is now a part of Walmart. This decision was announced by Walmart on Wednesday that it has bought the company known for its outdoor apparel and gear seller for $51million. This deal is done in…
What Is Buffett Bullish Or Bearish On?

Warren Buffett is an investor, a business magnate, and a philanthropist but mostly his name is synonymous with success in the share market. He is 86 years of age and till date no one can match the return he has…
CBS Corp Beats Estimates In Spite of Drop in Ad Revenue

CBS Corp (CBS.N), the most popular television network in the US, posted a Q4 profit that exceeded the estimates of the analysts, assisted by an increase in retransmission revenue and political advertising. Ad sales, which contributes to 50% of the…
A Weaker Network Device Market Hurts Even Cisco Results

Although Cisco Systems Inc. is making long gains in new areas like security, the company suffers due to weakness in the spending of customers in their core market of gears for networking. The company based in Silicon Valley said on…
Trian Takes a Leap by Investing in P&G in a Big Way

After Pershing Square of Bill Ackman in 2012, another activist hedge fund has invested big way in Procter & Gamble. This time around, it is Trian Fund Management. It was cofounded by Nelson Peltz, the well-known billionaire. Following the news…
Opel’s Sale by Barra, Deeper Change at GM Signaled

The CEO of General Motors Co Mary Barra has decided to put their company’s operations in Europe on the block. This marks a turning point for GM that once prided themselves to be the No 1 automaker in the world.…
Aetna to Have an Expensive Breakup with Humana

The two big companies Humana and Aetna have finally decided to part ways after working together for 18 months. This split is likely to be more expensive for Aetna. The two companies have decided to withdraw their merger on Tuesday and…
The Reason Why Shares of Mobileye Are Soaring Today

Mobileye is an emerging supplier of automotive sensor systems that assist in preventing collisions. It recently clinched its second significant deal in the sector of self-driven cars. This deal has proved extremely beneficial for the company and therefore has resulted…
Trump Defying the Idiom “Don’t Let Fox Guard the Hen House”

It’s official now that Steve Mnuchin is the treasury secretary in Trump’s administration to oversee the country’s financial industry. Democrats were against it as this former banker is known as foreclosure king during days when he headed the One West…
Chemours and DuPont to Pay $671 Million over PFOA Suits

Chemours and DuPont will pay almost $671 million for settling several lawsuits associated with the chemical release from a West Virginia plant over a decade back. According to analysts and legal experts, this is good news for the plaintiffs and…
Arby’s May Have Caused Data Breach of Credit Cards

Some sort of malware had been detected at the cash registers of Arby’s fast food restaurants. There might be a possibility that this malware has caused a breach of 355,000 or more debit and credit cards. This incident was brought…
For Approval of Their Merger, Dow, DuPont Try Divestments

Companies Dow Chemical and DuPont look willing to make divestments in their business to nudge the regulators in European Union to approve the proposed merger of the two companies. Dow Chemical prides to mix the power of science and technology…

Equifax (EFX) was Reiterated by Barclays to “Overweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 150 from a previous price target of $140 . Barclays advised their Clients and Investors…

Target Corporation (TGT) was Initiated by Susquehanna to “Neutral” and the brokerage firm has set the Price Target at $70. Susquehanna advised their Clients and Investors in a research report released on Feb 10, 2017. Based on several research reports…

Infinera Corp. (INFN) was Upgraded by Instinet to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Instinet advised their Clients and Investors in a research report released on Feb 10, 2017. Based on…
Revised S-1 Reveals $1 Billion Deal with Amazon

When Snap did the paperwork for its $3 billion IPO, it came into light that it has done a $2 billion deal with Google over five years for infrastructure and cloud support. In the original S-1 IPO paperwork, the company…