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Bed Bath & Beyond Reports 24% Increase in Net Profit

Bed Bath & Beyond Reports 24% Increase in Net Profit

Bed Bath & Beyond (BBBY) released in financial results for fourth quarter 2011 according to which its net profit for the respective quarter jumped 24 percent to $351 million or… Read more »

Yahoo To Cut Back 2,000 Jobs

Yahoo To Cut Back 2,000 Jobs

New brooms sweep clean. In an effort to jumpstart growth, new Chief Executive of Yahoo Inc. (YHOO), Scott Thompson has announced to lay off 14 percent of Yahoo’s workforce or… Read more »

Groupon Sued For Results

Groupon Sued For Results

On Tuesday, the world’s biggest online coupon website organisation, Groupon Inc (GRPN) was sued by a shareholder accusing the company of concealing weak internal controls and deceiving investors regarding its… Read more »

Google to Expand in China

Google to Expand in China

Google Inc (GOOG) will not stop investing in China with a target on increasing its fast-growing advertising, mobile and display businesses, its Asia chief stated on Tuesday. During a visit… Read more »

Will Roche Stop Its Bullying

Will Roche Stop Its Bullying

Roche has recently shown its hostile behavior. The Basel health care giant who has been interest in acquisition of Illuminant Inc (ILMN) increased its bid for the second time to… Read more »

Research In Motion Posts Loss, Cuts Ties

Research In Motion Posts Loss, Cuts Ties

Waterloo, Ontario-based Research In Motion (NASDAQ:RIMM) posted yet another quarterly and continued the process of trying to save itself from extinction by clearing out more of upper management, firing former… Read more »

Ista Pharmaceuticals Agrees on $500 Million

Ista Pharmaceuticals Agrees on $500 Million

Bausch & Lomb a privately held health company proposed its bid to acquire Ista Pharmaceuticals Inc (ISTA) which has agreed on bid of $500 million. Bausch & Lomb will pay… Read more »

Apollo Group Inc Reports Profit in its Second Quarter

Apollo Group Inc Reports Profit in its Second Quarter

Apollo Group (APOL) has recently announced its financial results for the second quarter according to which the company reported the net profit of $63.9 million or earnings or $0.51 per… Read more »

Some Mutual Funds are Riskier Invested In Apple Stock

Some Mutual Funds are Riskier Invested In Apple Stock

Due to phenomenal rise of Apple stock price (AAPL), some mutual funds have become riskier. Apple stock price has increased by about 50% this year. It has become a dilemma… Read more »

Corzine Authorized Payment to JPMorgan

Corzine Authorized Payment to JPMorgan

In other news water is wet. Like anyone ever believed that John Corzine wasn’t intimately involved in the very shady circumstances surrounding the dissolution of MFGlobal back in October.  For… Read more »

Goldman Raises its Ratings on LinkedIn

Goldman Raises its Ratings on LinkedIn

Goldman Sachs’ analyst Heath Terry recently released its upgraded ratings for LinkedIn (LNKD) making its highly attractive for investors. Goldman Sachs increased its target price for LinkedIn from $80 to… Read more »

Nike’s Sees 3rd-Quarter Profit Increase

Nike’s Sees 3rd-Quarter Profit Increase

The world’s biggest manufacturer of athletic clothes and shoes Nike Inc. (NKE) announced on Thursday that its revenue increased all over the world particularly in emerging markets and North America…. Read more »