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Greece is still in the midst of talks with the Euro group in order to find a long term solution to its current issues, but even as the country slides further and further toward an exit from the Euro, it seems that its debt is still guarded by the implicit guarantee of the money union….
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American Apparel Inc (NYSEMKT:APP) has launched a restructuring initiative to slash jobs and close stores to reduce costs by approximately $30 million over the next 18 months. The once ultra popular teen clothing retail giant warned that even with cost-saving efforts it may not reach funding requirements within the next 12 months. American Apparel’s Restructuring…
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Alibaba Group Holding Ltd (NYSE:BABA) stock crashed right after the market opened on Tuesday morning as investors became more wary of the connection between the firm and the brewing stock market crisis in its home country, China. Shares in the firm were down by more than 4% at time of writing as more and more…
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Tesla Motors Inc (NASDAQ:TSLA) is gearing up for production of the Model X EV SUV, and fans of EVs, along with those holding shares, are looking forward to seeing the final version of the car and the sales it brings to the firm. If the Model X sells well, however, it might drive up the…
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Tesla Motors Inc (NASDAQ:TSLA) is getting the production line for the Model X EV SUV up and running, but the firm may have issues selling the car when it finally arrives. People are already complaining about some design features, even though a final model won’t be seen until the first unit ships toward the end of…
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Advanced Micro Devices, Inc. (NASDAQ:AMD) shares jumped on Thursday morning and were performing strongly through the middle of the day as fresh rumors that Microsoft Corporation (NASDAQ:MSFT) was going to try to buy the firm drove trading. Talk on the street has been very unreliable in the past, so this story should be taken with…
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Apple Inc. (NASDAQ:AAPL) has a new special feature in iOS 9, and it’s going to make your iPhone run slower than ever before. A new power-saving feature that will boost battery life on Apple devices will throttle the processor of the iPhone 6 reports MacRumors after running benchmark tests on the iOS 9 beta. The…
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BlackBerry Ltd. (NASDAQ:BBRY), (TSE:BB) finds itself in a tight spot as its hardware unit continues to make losses. It was only last year that CEO, John Chen, said the firm was set to start growing after years of layoffs and restructuring. Recently announced job cuts continue to arouse concerns about the kind of impact they…
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Alibaba Group Holding Ltd (NYSE: BABA), Toyota Motor Corp (ADR) (NYSE: TM), NVIDIA Corporation (NASDAQ: NVDA), Priceline Group Inc (NASDAQ: PCLN) and Molson Coors Brewing Company (NYSE: TAP) will announce quarterly results on Thursday. Here’s what investors can expect: Alibaba Group Holding Ltd (NYSE:BABA) Alibaba will report its fourth-quarter earnings before the start of U.S….
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The Street always stops to listen when billionaire and hedge fund manager, David Einhorn, talks and the same was evident when he said Pioneer Natural Resources (NYSE:PXD) is a ‘Motherfracker’ that is only burning cash. Appearing at the 20thannual Sohn investment conference, Einhorn took issue with the rate at which the oil fracker was spending…
