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Tesla Motors Inc CEO Elon Musk’s escalating promises do not look so believable now, given the fact that the electric carmaker is running out of cash quickly. Also, the electric carmaker faces strong competition from other automakers, and its current valuation is composed of extreme optimism. There are several issues with the stock, making it apt…
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Microsoft Corporation (NASDAQ:MSFT) employees are a happy bunch. A new study has found that the Microsoft workforce is one of the happiest groups in the working world. In fact, these workers are happier under new CEO Natya Sadella than Steve Ballmer. Microsoft staff members are also happier than the teams employed under Apple Inc. (NASDAQ:AAPL)….
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Pfizer Inc. World Headquarters are located where plenty of people pass by. The building lies in the Manhattan borough of New York. The largest U.S. drugmaker said yesterday that it aims to sell its world headquarters buildings in midtown Manhattan. This will happen by the end of 2017. Then, it will begin moving into more modern…
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QUALCOMM, Inc. had an eye-catching run at the stock market yesterday as the shares rocketed to 52-week highs during the day. The stock holds a market capitalization of close to $100 bn now. For the trailing twelve months, the EPS value for the stock is $3.41. The chipmaker is in talks to buy NXP Semiconductors NV…
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Twitter Inc (NASDAQ:TWTR) saw its shares spike 20% on Friday. After reports suggested that the social network was being eyed by Alphabet Inc (NASDAQ:GOOGL) and Salesforce.com, inc. (NYSE:CRM), traders hit the buy button. It is being reported that the social media outlet will receive a formal bid soon from an array of tech and media…
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Tesla Motors Inc CEO Elon Musk is being sued by a shareholder for using the $2.6bn of Tesla stock for the buy-out of SolarCity. Last month, the EV firm announced that it would buy the solar installer, and also said that it would raise the money to acquire SolarCity through a stock sale. Must treating…
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SolarCity Corp (NASDAQ:SCTY)’s merger with Tesla Motors Inc (NASDAQ:TSLA) has received antitrust approval. The Federal Trade Commission (FTC) confirmed on Thursday that it has given the go ahead for Tesla to buy the solar panel installer. This helped raise the stocks’ values by as much as 0.4 percent. SolarCity Corp & Tesla Gain FTC Approval Investors…
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Valeant Pharmaceuticals Intl Inc shares were the subject of a quick and staggering plummet over the last year. The company had been trading at over $250 in August 2015 and is now seen struggling to keep its mid-twenties share value afloat. Share crashes of this sort are rare in the market and Valeant evidently caught much of Wall…
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During a speech in December of 1996, then Fed Chair Alan Greenspan uttered the somewhat immortal phrase “irrational exhuberance” while discussing asset values and the historical role of central banking. Although the context of his comment did not specifically reference 1996 stock valuations, investors inferred from the statement that Greenspan thought equity assets were overpriced….
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Amazon.com, Inc. (NASDAQ:AMZN) was one of several firms to turn down Lyft, the mobile ride-sharing app. Lyft had reportedly met with the online retail juggernaut, as well as a handful of other brands, to sell itself. Unfortunately for Lyft, Amazon was not interested in their offer. Can anyone blame Amazon, especially considering the legal woes…
