Positive economic reports propelled benchmarks to record highs on Thursday. Economic data on manufacturing, existing home sales, initial claims and leading economic indicators all came in positive. The four-day rally in S&P 500 boosted it to a record close. While Nasdaq closed at its highest level since Mar 31, 2000, Dow closed at the best level since Jul 24. Investors […]
Benchmarks finished its choppy session on a mixed note yesterday after Fed minutes showed officials debated about the timing of rate hike. S&P 500 and Dow finished in the green for the third straight day after they were able to pare losses following jitters from the Fed minutes. However, Nasdaq snapped its five-session rally.For a look at the issues currently […]
Encouraging housing data and upbeat earnings results ensured a positive finish for benchmarks on Tuesday. The positives offset negative sentiment arising from ongoing geopolitical tensions in Ukraine. Meanwhile, Apple hit a record split-adjusted closing high, which also contributed to the bullish mood. The S&P 500 is now 10 points away from its record high. The Nasdaq closed above 4,500 points […]
Echo Automotive Inc (OTCMKTS:ECAU), a developer of technologies enabling the cost-effective aftermarket addition of fuel-efficient plug-in hybrid capability to new and existing vehicles, reported financial and operating results for the year ended December 31, 2013, and distributed a letter to its shareholders, a copy of which is posted on the Company’s website.Echo Automotive Inc (OTCMKTS:ECAU) started its trading session with […]
SCHNEIDER ELECTRIC S (OTCMKTS:SBGSY), a global energy management power house and parent company of Xantrex, reported a new strategic partnership with Canadian Energy Corp for distribution of Xantrex branded products in Canadian markets including among others commercial trucks, as well as recreational, marine, mining, golf cart, and fleet service vehicles.SCHNEIDER ELECTRIC S (OTCMKTS:SBGSY) started its trading session with the price […]
With a background in sociology, Tom Davenport, a Distinguished Professor in Management and Information Technology at Babson College and author of 19 books on management practices and analytics, thinks about technology in terms of what it means for humans. At the Hewlett-Packard (HP) Vertica Big Data Conference this week, he joined theCUBE’s John Furrier and Dave Vellante and talked about […]
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A new note from Barclays analystBen Reitzes says Apple is ready to make a “data and payments play” […]
Markets ended in the green as Russian president’s comments eased concerns related to geopolitical tensions. This, along with positive earnings results, offset jitters over downbeat European growth numbers. Moreover, dismal initial claims data turned out to be positive for the market as it eased sooner-than-expected rate hike fears. Trading volume was very low, making it the second-lowest full trading session […]
Zynga learned the hard way that relying on one hit game would kill a company if the farm ever went arid. Now King Digital is proving to be another disastrous one-hit wonder with their increasingly unpopular game Candy Crush Saga.http://valleywag.gawker.com/there-is-no-ev…“There Is No Evil Scheme Behind It”: A Q&A with Candy Crush Games Guru“There Is No Evil Scheme Behind It”: A […]
Sarang Panchal, Chief Executive Officer, MRSS IndiaThis year, Sarang Panchal moved into the chief position at MRSS India, the Indian division of Asia’s largest market research institute, Majestic MRSS. He brings to the position more than two decades of market research experience, from sales forecasting to advertising campaign assessment. Panchal also has focused on customer sentiment—the opinions and criticisms that […]
