0.0 00 The United States as seemingly getting ready to miss out on a golden opportunity, according to John Rice, vice chairman of GE (GE: NYSE). The US should become a founding member of the Chinese led …
Read More »The Head of EA’s Mobile Gaming Steps Down
0.0 00 The head of Electronic Arts (EA: NYSE) mobile gaming division, Frank Gibeau, has decided to leave the company after 20 years. This comes after the company filed its quarterly Securities and Exchange Commission (SEC) …
Read More »Lenovo Has a Good Quarter for Profits
0.0 00 The Lenovo Group, the Hong Kong based maker of computers and the world’s leading personal computer maker has just released its quarterly numbers. Net profit was up one percent to $829 million, just missing …
Read More »BREAKING NEWS: Japan Economy Grows Faster than Expected in the First Quarter
0.0 00 A couple of hours ago Japan released its gross domestic product (GPD) growth number and it showed the economy grew faster than expected in the first quarter of 2015. The GDP expanded at 2.4 …
Read More »Could the Next Big Auto Maker be out of China? Yes
0.0 00 There are Chinese automobile makers, not known outside of China, but are getting ready to make a global splash within the next decade, if not sooner. They are investing in heavy research and development …
Read More »Alibaba is Back in the Headlines as They are Being Sued
0.0 00 Would seem Alibaba (BABA: NYSE) is back in the news. They are being sued by a group of luxury goods makers who are claiming that the Chinese e-Commerce giant has made it easy for …
Read More »What is Going on Between Intel and eBay? Did Intel just Scold eBay’s CEO?
0.0 00 The chip making giant, Intel (INTC: Nasdaq) would like for the current chief executive officer (CEO) of eBay (EBAY: Nasdaq), Mr. John Donahoe, to stay on as company director. However, Intel would love for …
Read More »Clearing houses — too big to fail?
0.0 00 Clearing houses — too big to fail? Clearing houses — too big to fail? May 14, 2015 : Clearing houses have been likened to nuclear power stations – necessary, but you would not want …
Read More »Despite Upbeat Earnings Shares of Cisco Continue to Push Lower, CSCO
0.0 00 Cisco Systems (CSCO: Nasdaq) just reported better than expected revenue and earning overnight but shares of the company pushed lower. The technology and networking giant reported profit of 54 cents per share for the …
Read More »Greece Pays the IMF a Day Early
0.0 00 Overnight, it was announced in Reuters, that Greece would pay the International Monetary Fund (IMF) €750 million or $836 million a day early. This surprise is averting fears of a possible Greek default that …
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