GoPro Inc went through a rough trading session on Tuesday, 24th February in which the shares of the company fell by 0.16% or 0.07 points, which resulted in the share price being $43.88 by the end of the day. The share price opened at $43.98 and throughout the day touched its highs and lows. The highest that the share price reached was $44.77 and the lowest point that it faced was at $43.52. By the end of the session, the total volume of shares was reported to be 4,604,612. The camera making company’s prior trading session closed at $43.95.
The action camera makers have a net market value of $2,286 million with a 52-week high value poised at $98.47 and a 52-week low value of the stock calculated at $28.65. Currently, the outstanding shares of the company are in 52,091,000 in totality.
According to the analysis of ten equity analysts, GoPro Inc’s (NASDAQ: GPRO) short term price target, has been predicted to be $60.7. The standard deviation reading has been recorded at $11.08, which is the estimate of the swinging nature of the price from the actual prediction.
The highest price target set by the financial analysts is at $70.00 while the lowest value of the share price is decidedly recorded by them at $35.00.
Analysts of Brokerage Firms studied the company and presented their analysis to the firm in which they rated the company to be an ‘outperform’. Northland Securities has also covered the stock of the company and have presented the firm with a price target of $70.00.
Despite the decline in share price, the camera makers have shown a rise in the short position shares of the company. An elevation of 5.7% has been seen in the position of the short-term shares. Presently, the short-term shares of the company are 815,771 in total.
On the other hand, the outstanding shares of the company have increased in number from 14,294,266 as of 15th January 2015 to 15,110,037 as recorded on 30th January 2015. The floated shares of the company are at an increase of 67.5%. The days to cover on the counter are to be 3, with the per day volume of shares at 5,125,590.
GoPro is an American company that was founded in 2002 by Nick Woodman, who is currently serving as the CEO of the company, and deals in manufacturing and designing personal action cameras.
Saturday 28 February 2015
Wednesday 25 February 2015
Bidness Etc - Toyota Motors Signs Deal For Expansion Of Hydrogen Project
Toyota Motors, along with four other automobile makers have signed a contract with a mutual understanding of expanding hydrogen fueling system that is not only environmental friendly but also a more convenient and safer way to fuel up auto mobiles. This project has been named the Hydrogen Project in which four business giants of the automobile industry will work together to create and construct fuel stations across the country, making hydrogen more easily available for the people to use.
According to the deal that has been signed between Toyota Motors (NYSE:TM), Nisan Motor Company Ltd (OTCMKTS:NSANY) and Honda Motor Company Ltd (NYSE:HMC), all the companies will work in collaboration for the establishment of fuel pumps so that people can reach them as conveniently and abundantly as they can obtain other kinds of fuel. The workload will be divided between all the companies equally.
The people in general are unaware of the fact that the cars driven by hydrogen have the same efficiency as compared to the cars driven by petrol or diesel. The total time that is used to refuel a hydrogen-induced car is surprisingly the same as it takes to refuel a petrol driven car.
Hydrogen is safe to use, unlike other fuels that emit harmful smokes that become a reason for the destruction of the ozone layer. Hydrogen cars only emit water in the form of steam and are completely healthy to use.
The biggest issue that is being faced by the new industry is that that the people lack awareness regarding the usage of hydrogen as a fuel for their cars. The people are yet unaware of the advantages that the new gas system has to offer and how it will help keep the environment safe and fresh.
According to the deal that has been signed between Toyota Motors (NYSE:TM), Nisan Motor Company Ltd (OTCMKTS:NSANY) and Honda Motor Company Ltd (NYSE:HMC), all the companies will work in collaboration for the establishment of fuel pumps so that people can reach them as conveniently and abundantly as they can obtain other kinds of fuel. The workload will be divided between all the companies equally.
The people in general are unaware of the fact that the cars driven by hydrogen have the same efficiency as compared to the cars driven by petrol or diesel. The total time that is used to refuel a hydrogen-induced car is surprisingly the same as it takes to refuel a petrol driven car.
Hydrogen is safe to use, unlike other fuels that emit harmful smokes that become a reason for the destruction of the ozone layer. Hydrogen cars only emit water in the form of steam and are completely healthy to use.
The biggest issue that is being faced by the new industry is that that the people lack awareness regarding the usage of hydrogen as a fuel for their cars. The people are yet unaware of the advantages that the new gas system has to offer and how it will help keep the environment safe and fresh.
Out of all the countries, Japan is the first country that is taking the usage of hydrogen over petrol or gas into consideration for the purpose of giving its people a clean air to breathe in. The government of Japan is quite serious about this and plans to incorporate the idea of accepting this new form of gas to the people of the country by making them understand the benefits of the hydrogen system.
Last year, the government of Japan released a road map for the fueling stations that it wants to be built in the country. The above mentioned auto-makers are being encouraged and backed fully by the government of the country which, for the same purpose, is giving heavy subsidies for the construction of pumps as well. These companies are expected to enter the market sooner than later with fuel stations built all over Japan.
Last year, the government of Japan released a road map for the fueling stations that it wants to be built in the country. The above mentioned auto-makers are being encouraged and backed fully by the government of the country which, for the same purpose, is giving heavy subsidies for the construction of pumps as well. These companies are expected to enter the market sooner than later with fuel stations built all over Japan.
Bidness Etc - Shares Of Halliburton Bought By Traders In Low Price
Shares of Halliburton Company were seen to have a high purchasing power during the trading session on Friday, 20th February 2015. As the share price was observed to decline, the traders at the stock house started buying the company’s shares in a huge number and did not miss a chance to make use of the weakness of the company’s share price.
The inflow of money reported in a recent press release by AnalystRatingsNetwork.com was recorded at $140.17 in the upticks during the trading session whereas the outflow of money recorded in the downticks was recorded at $100.48. The total net flow of money recorded throughout the session was $39.69 million for the day. In comparison to all the other companies at the trading house, Halliburton Company (NYSE:HAL) seemed to be on the 12th in receiving the highest amount of net revenue inflow into the stock. The company’s share price traded downwards by $0.88 and closed at $43.36.
A few prominent equity firms have commented on the share value and target price on the company’s stock. Out of all the other analysts, analysts at BMO Capital were the first ones to comment on Halliburton’s stock price. They declared the company’s ratings to be an ‘outperform’ and suggested a price target of $53.00 on the stock. CitiGroup analysts elevated their suggested target price of the company from $50.00 to $51.00 and presented the shares of the firm with a ‘buy’ rating in a research note disclosed on Wednesday, 27th January 2015.
However, financial analysts at Zacks declared the company’s ratings to be an ‘underperform’, changing from the previously given status of a ‘neutral’ and decreased their price target on the company’s shares finally coming around at $37.00. Following a similar pattern, analysts at Argus observed the company’s financial activities closely and ended up lowering their price target from $64.00 to $50.00 and set the ratings of a ‘buy’ on the shares. Seven equity firms have given the company a ‘hold’ rating where twenty three analysts have given a ‘buy’ rating to the company’s shares. The oil field service provider has an average rating of a ‘buy’ and an average price target set at $65.10.
Halliburton announced its quarter earnings report on Tuesday, 20th January in which the EPS for the year was reported at $1.19, which was $0.01 lower than the expected earnings of analysts. For the present year, analysts have given an estimate on the EPS to be $2.11.
The inflow of money reported in a recent press release by AnalystRatingsNetwork.com was recorded at $140.17 in the upticks during the trading session whereas the outflow of money recorded in the downticks was recorded at $100.48. The total net flow of money recorded throughout the session was $39.69 million for the day. In comparison to all the other companies at the trading house, Halliburton Company (NYSE:HAL) seemed to be on the 12th in receiving the highest amount of net revenue inflow into the stock. The company’s share price traded downwards by $0.88 and closed at $43.36.
A few prominent equity firms have commented on the share value and target price on the company’s stock. Out of all the other analysts, analysts at BMO Capital were the first ones to comment on Halliburton’s stock price. They declared the company’s ratings to be an ‘outperform’ and suggested a price target of $53.00 on the stock. CitiGroup analysts elevated their suggested target price of the company from $50.00 to $51.00 and presented the shares of the firm with a ‘buy’ rating in a research note disclosed on Wednesday, 27th January 2015.
However, financial analysts at Zacks declared the company’s ratings to be an ‘underperform’, changing from the previously given status of a ‘neutral’ and decreased their price target on the company’s shares finally coming around at $37.00. Following a similar pattern, analysts at Argus observed the company’s financial activities closely and ended up lowering their price target from $64.00 to $50.00 and set the ratings of a ‘buy’ on the shares. Seven equity firms have given the company a ‘hold’ rating where twenty three analysts have given a ‘buy’ rating to the company’s shares. The oil field service provider has an average rating of a ‘buy’ and an average price target set at $65.10.
Halliburton announced its quarter earnings report on Tuesday, 20th January in which the EPS for the year was reported at $1.19, which was $0.01 lower than the expected earnings of analysts. For the present year, analysts have given an estimate on the EPS to be $2.11.
Tuesday 24 February 2015
Bidness Etc - TWC Acquisition by Comcast Is Still Hanging In Between
After the bold acquisition move by Comcast Corporation last year in acquiring Time Warner Cable, Federal Communications Commission (FCC) has yet to approve the merger details in order to finalize the procurement.
Even after a year of the signed deal announcement of Comcast Corporation’s (NASDAQ:CMCSA) audacious move in attaining the cable telecommunications leading company Time Warner Cable Inc. (NYSE:TWC), FCC continues to scrutinize the merger before closing it for better. The $45billion deal would astoundingly conjoint country’s two biggest cable operators, who have individually already infiltrated the market heavily.
The uncertainty regarding the deal of the merger has aggravated with time in fact. US Federal Communications Commission has been found updating stringent regulations regarding the governance of internet and net neutrality, heavily influenced by Obama administration. After the proposal of these strict conventions, many investors have been doubtful regarding the consummation of the merger after all. Investors have been found to highly doubt the acquisition to take place in practicality; hence the stocks were found to be declining for both operators; Comcast and TWC, in January, before recovering back during mid-February.
Regarding the merger, the financial advisors has assisted the deal has brought to notice that the approval and acceptance of the acquisition by the regulatory body is unpredictable. Kevin Werbach, a former FCC regulator, said that, “The prospects for the deal, while they’re still not bad, have continued to go down.”
Contrarily, David L. Cohen, Executive VP at Comcast Corporation is confident that the deal will get through approval soon, however he does agree that with that, new conditions will pose relieving antitrust concerns.
Likewise, further delays are anticipated in the linking of AT&T Inc. and DirecTV, due to the federal court dispute upon disclosure of private cable industry documents for access, has complicated the process of reviewing the proposed merger between the companies further.
According to The Wall Street Journal news, it was reported that a judge panel of three US appeals court has showed concerns regarding FCC’s decision of allowing the accessibility of merging companies’ contracts to their competitors. This will in result reveal company details and sensitive material, which includes pricing strategies, negotiation details and other tactics. The judges’ panel proposed that it is essential that the disclosed material should be limited in terms of the mergers and other deals, as the sensitive material can prove to be damaging for the companies itself.
Robert Long, the content lawyer of AT&T and DirecTV has argued that the commission has performed in a completely unprecedented manner, when they decided to divulge the companies’ proprietary documents to its biggest rivals; Dish Network and CBS Corporation.
Even after a year of the signed deal announcement of Comcast Corporation’s (NASDAQ:CMCSA) audacious move in attaining the cable telecommunications leading company Time Warner Cable Inc. (NYSE:TWC), FCC continues to scrutinize the merger before closing it for better. The $45billion deal would astoundingly conjoint country’s two biggest cable operators, who have individually already infiltrated the market heavily.
The uncertainty regarding the deal of the merger has aggravated with time in fact. US Federal Communications Commission has been found updating stringent regulations regarding the governance of internet and net neutrality, heavily influenced by Obama administration. After the proposal of these strict conventions, many investors have been doubtful regarding the consummation of the merger after all. Investors have been found to highly doubt the acquisition to take place in practicality; hence the stocks were found to be declining for both operators; Comcast and TWC, in January, before recovering back during mid-February.
Regarding the merger, the financial advisors has assisted the deal has brought to notice that the approval and acceptance of the acquisition by the regulatory body is unpredictable. Kevin Werbach, a former FCC regulator, said that, “The prospects for the deal, while they’re still not bad, have continued to go down.”
Contrarily, David L. Cohen, Executive VP at Comcast Corporation is confident that the deal will get through approval soon, however he does agree that with that, new conditions will pose relieving antitrust concerns.
Likewise, further delays are anticipated in the linking of AT&T Inc. and DirecTV, due to the federal court dispute upon disclosure of private cable industry documents for access, has complicated the process of reviewing the proposed merger between the companies further.
According to The Wall Street Journal news, it was reported that a judge panel of three US appeals court has showed concerns regarding FCC’s decision of allowing the accessibility of merging companies’ contracts to their competitors. This will in result reveal company details and sensitive material, which includes pricing strategies, negotiation details and other tactics. The judges’ panel proposed that it is essential that the disclosed material should be limited in terms of the mergers and other deals, as the sensitive material can prove to be damaging for the companies itself.
Robert Long, the content lawyer of AT&T and DirecTV has argued that the commission has performed in a completely unprecedented manner, when they decided to divulge the companies’ proprietary documents to its biggest rivals; Dish Network and CBS Corporation.
Sunday 22 February 2015
Bidness Etc - Toyota Motors Shares See a Rise in Price
Toyota Motors has been doing wonders in the stock market lately. The shares of the auto makers reached a new 52-week high on Thursday, 19th February 2015, coming around at $135.30. The session opened with the share price at $134.50 and the highest point that it reached was recorded at $135.49. The lowest point that the share price fell during the trading session was reported at $134.38.
Many research equity firms have presented their analysis on the company’s current financial status in the stock market. Financial analysts at Jefferies Group have announced the ratings for the auto making company and also raised their previous price target on the shares of the firm from $144.82 to $145.89. In the same research note, analysts at Jefferies gave Toyota Motors shares a ‘buy’ rating.
Equity analysts at Zacks revised the ratings that they gave the auto giant’s shares previously and updated it to a ‘neutral’ rating. On the research report that they presented on 12th December 2014, the analysts of the company have set the price target of the Japanese firm’s shares to $132.00.
Out of the other analysts that have given their ratings to the company, three have rated the stock of the corporation with a ‘hold’ rating whereas four have given a ‘buy’ rating to the company’s stock. One of the financial firms has given a ‘strong buy’ rating to Toyota’s stock.
The Japanese auto makers have a stock with a 52-day moving estimate of $129.0 and 200-day moving rate estimated at $121.1. The company’s market cap value stands at 228.87 billion and the P/E ratio of 13.06.
The car making company announced its quarterly earnings report on 11th February, 2015 and the earnings per share were reported at $3.15. Analysts had expected the EPS to turn out at $3.16 and the actual earnings were $0.01 lesser than expectations.
Toyota Motors Corp (NYSE:TM) is a Japanese based company which deals in creating, manufacturing and producing cars. The company currently is engaged in two major business segments. The first one deals with the manufacturing, designs, creation and production of automobiles. This department is also responsible for the sales of the cars created by the company. Vehicles like sedans, trucks, sports cars and minivans are exported by the company all over the world. The company also runs a financial business that is responsible to deal with the company’s finances and also gives financial advice to the firm.
Many research equity firms have presented their analysis on the company’s current financial status in the stock market. Financial analysts at Jefferies Group have announced the ratings for the auto making company and also raised their previous price target on the shares of the firm from $144.82 to $145.89. In the same research note, analysts at Jefferies gave Toyota Motors shares a ‘buy’ rating.
Equity analysts at Zacks revised the ratings that they gave the auto giant’s shares previously and updated it to a ‘neutral’ rating. On the research report that they presented on 12th December 2014, the analysts of the company have set the price target of the Japanese firm’s shares to $132.00.
Out of the other analysts that have given their ratings to the company, three have rated the stock of the corporation with a ‘hold’ rating whereas four have given a ‘buy’ rating to the company’s stock. One of the financial firms has given a ‘strong buy’ rating to Toyota’s stock.
The Japanese auto makers have a stock with a 52-day moving estimate of $129.0 and 200-day moving rate estimated at $121.1. The company’s market cap value stands at 228.87 billion and the P/E ratio of 13.06.
The car making company announced its quarterly earnings report on 11th February, 2015 and the earnings per share were reported at $3.15. Analysts had expected the EPS to turn out at $3.16 and the actual earnings were $0.01 lesser than expectations.
Toyota Motors Corp (NYSE:TM) is a Japanese based company which deals in creating, manufacturing and producing cars. The company currently is engaged in two major business segments. The first one deals with the manufacturing, designs, creation and production of automobiles. This department is also responsible for the sales of the cars created by the company. Vehicles like sedans, trucks, sports cars and minivans are exported by the company all over the world. The company also runs a financial business that is responsible to deal with the company’s finances and also gives financial advice to the firm.
Friday 20 February 2015
Bidness Etc - Tesla Motors to See A Rise In Stock Price
Tesla Motors’s stock value is to rise to $255.69, as analysed by 13 analysts, and that too in the short term only. The lowest estimation for the short term price target is $70 while the highest expectation for the short term price target to reach is $400. The standard discrepancy in the price was recorded at $89.74.
Financial equity firms that have commented on the shares of the company have different opinions on the price target given to the shares. JP Morgan has given a low grading to the shares of the car making company with respect to the guidance report the company released to its investors. The shares of Tesla Motors (NASDAQ:TSLA) have been observing a decline and so the stock experts have declared the shares to be ‘underweight’ at the rating house. Only earlier the same day, the shares had the rating of ‘Neutral’ before observing a drop. JP Morgan has further lowered the company’s shares price target from $180 to $175.
Tesla Motors rose to 0.28% and slowly made way to become one of the gainers at the trading session of the day. The share price was recorded at $205.7 at the time the session started and did not rise any more from that point on. The lowest price that the company’s share faced was $201.5 and the session ended with the share price coming out at $204.35.The daily volume of the shares was observed at 396518 shares.
The company’s 52-week low was registered at $177.22 and 52-week high was reported at $219.42.Tesla Motors ended its last trading session at $203.77 and has a total market value of $25,622 million.
As for the short interest shares of the company, the shares saw a rise in the volume by 3.2% which made total shares come at a total of 809,218 shares.
Tesla Motors is a corporation headed by CEO Elon Musk that creates and develops high tech cars. The company was founded in the state of California, United States back in 2003 and since then has not failed to make a name in the auto industry. It also owns sales and networking services that it uses to market the company’s products. The cars made by the company are sleek and classic with an attractive look. The electric cars made by the company are popular all over in the US. The company is also working towards expansion of business in China currently.
Financial equity firms that have commented on the shares of the company have different opinions on the price target given to the shares. JP Morgan has given a low grading to the shares of the car making company with respect to the guidance report the company released to its investors. The shares of Tesla Motors (NASDAQ:TSLA) have been observing a decline and so the stock experts have declared the shares to be ‘underweight’ at the rating house. Only earlier the same day, the shares had the rating of ‘Neutral’ before observing a drop. JP Morgan has further lowered the company’s shares price target from $180 to $175.
Tesla Motors rose to 0.28% and slowly made way to become one of the gainers at the trading session of the day. The share price was recorded at $205.7 at the time the session started and did not rise any more from that point on. The lowest price that the company’s share faced was $201.5 and the session ended with the share price coming out at $204.35.The daily volume of the shares was observed at 396518 shares.
The company’s 52-week low was registered at $177.22 and 52-week high was reported at $219.42.Tesla Motors ended its last trading session at $203.77 and has a total market value of $25,622 million.
As for the short interest shares of the company, the shares saw a rise in the volume by 3.2% which made total shares come at a total of 809,218 shares.
Tesla Motors is a corporation headed by CEO Elon Musk that creates and develops high tech cars. The company was founded in the state of California, United States back in 2003 and since then has not failed to make a name in the auto industry. It also owns sales and networking services that it uses to market the company’s products. The cars made by the company are sleek and classic with an attractive look. The electric cars made by the company are popular all over in the US. The company is also working towards expansion of business in China currently.
Wednesday 18 February 2015
Google’s Project Zero Creates Problems for Microsoft
Google’s Project Zero seems to have created a problem for Microsoft, as the tech giant has accused Google of making its Window 8.1 flaws public prior to when the company got to fix issues.
Last year Google (NASDAQ:GOOG) came up with Project Zero, a development strategy that was started with the plan of pointing out and fixing security loop holes on websites that were previously not being seen to. These security issues were becoming a barrier between Google users and safe surfing on the website, which was why Google Inc. came up with this initiative. This project is being carried out by a group of engineers appointed by the company itself, who seek bugs that are on soft-wares and other services available on the internet. Upon finding such issues that are a threat to the security of the website, the Project Zero team then gives a 90-day period notice to the concerned company to fix the bug.
In case the issue is not fixed in the said time period, Google then makes the issue public which is a threat to the company whose flaws are being publicized as it puts a bad impression on the company’s name and effects the business.
Initially the dominating search giant thought that 90-days period were enough for a company to fix its bugs and issues, but as many companies hoped for extra time to fix their concerning issues, Google has considered extending the time period.
The California-based company has also considered extending the fixed time period for companies on weekends and public holidays.
Keeping all that in mind, when Google exposed Microsoft’s Windows 8.1 flaws to the public two days before the given time period, this infuriated the company and accused Google to have made a personal hit. Microsoft also said that this act of Google will have an adverse effect on the customers of the company and on the new windows that they have launched.
According to a report, however, it has been revealed that Microsoft was the one at fault which is why the revealing company exposed their flaws to the public. The internet company however, gave an argument about how their deadline for exposure of security flaws is perfect as compared to the others in the same industry. The Zero Day Initiative provides a time period of 190 days, to fix issues whereas Carnegie’s Mellon’s CERT only gives a short time period of 45 days before exposing the company’s security loop holes to the public.
Last year Google (NASDAQ:GOOG) came up with Project Zero, a development strategy that was started with the plan of pointing out and fixing security loop holes on websites that were previously not being seen to. These security issues were becoming a barrier between Google users and safe surfing on the website, which was why Google Inc. came up with this initiative. This project is being carried out by a group of engineers appointed by the company itself, who seek bugs that are on soft-wares and other services available on the internet. Upon finding such issues that are a threat to the security of the website, the Project Zero team then gives a 90-day period notice to the concerned company to fix the bug.
In case the issue is not fixed in the said time period, Google then makes the issue public which is a threat to the company whose flaws are being publicized as it puts a bad impression on the company’s name and effects the business.
Initially the dominating search giant thought that 90-days period were enough for a company to fix its bugs and issues, but as many companies hoped for extra time to fix their concerning issues, Google has considered extending the time period.
The California-based company has also considered extending the fixed time period for companies on weekends and public holidays.
Keeping all that in mind, when Google exposed Microsoft’s Windows 8.1 flaws to the public two days before the given time period, this infuriated the company and accused Google to have made a personal hit. Microsoft also said that this act of Google will have an adverse effect on the customers of the company and on the new windows that they have launched.
According to a report, however, it has been revealed that Microsoft was the one at fault which is why the revealing company exposed their flaws to the public. The internet company however, gave an argument about how their deadline for exposure of security flaws is perfect as compared to the others in the same industry. The Zero Day Initiative provides a time period of 190 days, to fix issues whereas Carnegie’s Mellon’s CERT only gives a short time period of 45 days before exposing the company’s security loop holes to the public.
Tuesday 17 February 2015
Bidness Etc - Tesla’s CEO Plans To Make It As Big As Apple in The Next 10 Years
In a recent press conference, CEO of Tesla Motors- Elon Musk declared that in the next 10 years, he sees his company growth to match that of Apple’s, which means that he is planning to increase his company’s market value by a 96% if compared to Apple’s current market value.
Even though the automobile business is a lot different than that of a phone manufacturing, CEO of Tesla does not feel that the difference in both the companies will come in the way of his plans of taking Tesla Motors to a level that currently Apple Inc. is at.
Apple Inc (NASDAQ:AAPL) is the first company in the US to have a market cap value of $700 billion, where on the other hand Tesla Motors current market value adds up to a rough estimation of $27 billion which is barely 4% of the market value that Apple Inc has.
After the disappointing Q4 results that Tesla Motors announced, CEO Elon Musk did not feel discouraged about his company’s financial situation. Instead, he did delay in declaring that the company will continue to grow from big to bigger irrespective of difficult times that might occur during the sales and revenue generation of the company.
Tesla also has the lowest revenue per worker generation in the whole auto mobile industry, making it four times lesser than Apple’s. Apple generates a lot of profit by the high rate of revenue per worker, making up to $35 million of profit. Tesla still needs to search an answer of how to generate as much profit as Apple in order to match up to Apple’s market value.
Musk even said in the press conference that the company is going to spend a huge amount of money in building up the infrastructure of the company in a better way and will definitely be expecting a good return on the investment as well.
The CEO of Tesla Motors (NASDAQ:TSLA) also added that in order to become as huge as Apple in the financial business, the company will have to make some massive capital expenditures to make its position in the market better than it is now.
About the sales in China, Elon Musk commented that the main reason why Tesla’s popularity in the country was affected was that the people have perceived the Tesla cars to be difficult in technology but Musk also promised that the company’s position in China will be improved by the end of the year.
Even though the automobile business is a lot different than that of a phone manufacturing, CEO of Tesla does not feel that the difference in both the companies will come in the way of his plans of taking Tesla Motors to a level that currently Apple Inc. is at.
Apple Inc (NASDAQ:AAPL) is the first company in the US to have a market cap value of $700 billion, where on the other hand Tesla Motors current market value adds up to a rough estimation of $27 billion which is barely 4% of the market value that Apple Inc has.
After the disappointing Q4 results that Tesla Motors announced, CEO Elon Musk did not feel discouraged about his company’s financial situation. Instead, he did delay in declaring that the company will continue to grow from big to bigger irrespective of difficult times that might occur during the sales and revenue generation of the company.
Tesla also has the lowest revenue per worker generation in the whole auto mobile industry, making it four times lesser than Apple’s. Apple generates a lot of profit by the high rate of revenue per worker, making up to $35 million of profit. Tesla still needs to search an answer of how to generate as much profit as Apple in order to match up to Apple’s market value.
Musk even said in the press conference that the company is going to spend a huge amount of money in building up the infrastructure of the company in a better way and will definitely be expecting a good return on the investment as well.
The CEO of Tesla Motors (NASDAQ:TSLA) also added that in order to become as huge as Apple in the financial business, the company will have to make some massive capital expenditures to make its position in the market better than it is now.
About the sales in China, Elon Musk commented that the main reason why Tesla’s popularity in the country was affected was that the people have perceived the Tesla cars to be difficult in technology but Musk also promised that the company’s position in China will be improved by the end of the year.
Monday 16 February 2015
Bidness Etc - Toyota Motors Experiences Increase in Share Price
Toyota Motors saw an unexpected increase in the share price and ended the trading session on Friday 13th February with an increase of 0.88 points in the value of the shares. The share price by the time counter closed came out to be $131.9.
During the day, the money flow for the counter turned out to be $4.46 million. The total amount received in the upticks was $6.59 million and the down-ticks resulted in the outflow of $11.06 million. The average fluctuating ratio of the Toyota Motors share priceturned out to be 0.6.
An increase of 1.8% in the value of shares was observed in the past week. In the block trade that occurred during the day, the outflow recorded was $3.67 million and the inflow came about to be $0 million. The fluctuating ratio of the up and down block trade turned out to be 0. The total flow of money during the block trade was recorded at $3.67 million.
During the trading session, the shares of Toyota Motors (NYSE:TM) experienced an elevated airiness at the counter which led to extensive fall and increase in the share price of the company. The counter opened at $131.39 and the highest peak that the share price reached during the trading session was $131.99. Due to colossal profit booking, the share price saw a slight decline and finally closed at $131.82. The gain that was recorded at the end of the session was of 0.8 points.
The volume of the shares by the end of the hyped up trading session turned out to be 327,581. The 52 week low price target came out to be $134.24 and the 52 week low price came to be 103.38. The total market value of the company was recorded at $225,280 million.
The shares of company Toyoto Motors experienced a raise of 0.56% in the previous week and according to the status of the previous two weeks, the percentage increase in the shares has been recorded as 2.27%.
Toyoto Motors did not perform well in the S&P 500 in the past week and fell by 2.4% but the company has seen an eminent improvement in the past 4 weeks by 2.24% and the according to different analysts, the company has ‘outperformed’ in the recent trading session.
Toyota Motors is a company that deals in automobiles and financial business. It is a Japanese based company that works globally.
During the day, the money flow for the counter turned out to be $4.46 million. The total amount received in the upticks was $6.59 million and the down-ticks resulted in the outflow of $11.06 million. The average fluctuating ratio of the Toyota Motors share priceturned out to be 0.6.
An increase of 1.8% in the value of shares was observed in the past week. In the block trade that occurred during the day, the outflow recorded was $3.67 million and the inflow came about to be $0 million. The fluctuating ratio of the up and down block trade turned out to be 0. The total flow of money during the block trade was recorded at $3.67 million.
During the trading session, the shares of Toyota Motors (NYSE:TM) experienced an elevated airiness at the counter which led to extensive fall and increase in the share price of the company. The counter opened at $131.39 and the highest peak that the share price reached during the trading session was $131.99. Due to colossal profit booking, the share price saw a slight decline and finally closed at $131.82. The gain that was recorded at the end of the session was of 0.8 points.
The volume of the shares by the end of the hyped up trading session turned out to be 327,581. The 52 week low price target came out to be $134.24 and the 52 week low price came to be 103.38. The total market value of the company was recorded at $225,280 million.
The shares of company Toyoto Motors experienced a raise of 0.56% in the previous week and according to the status of the previous two weeks, the percentage increase in the shares has been recorded as 2.27%.
Toyoto Motors did not perform well in the S&P 500 in the past week and fell by 2.4% but the company has seen an eminent improvement in the past 4 weeks by 2.24% and the according to different analysts, the company has ‘outperformed’ in the recent trading session.
Toyota Motors is a company that deals in automobiles and financial business. It is a Japanese based company that works globally.
Friday 13 February 2015
Bidness Etc - Halliburton Plans to Cut off Jobs As Oil Price Decreases
Halliburton Company plans to cut off 8% of its workforce as oil prices all over the world faced a decline. The company has been facing a tough time lately, with oil prices all over the world fluctuating and eventually falling.
The oil service provider has decided to cut off thousands of jobs from its workforce globally. As of California, the company’s workforce is small and has only 600 employees in total and it’s not confirmed whether the company will fire employees from its main headquarter in USA or not.
Officials said that the company will cut off around 5,200 to 6,400 jobs in the upcoming layoff that the company feels it should implement.
According to a company’s spokesperson, Halliburton (NYSE:HAL) values each of its employees but the prevailing oil prices in the market have forced the company to take decisions that are for the company’s welfare.
Halliburton’s officials said that the company is still observing the difficult situation that the company is in and will make further decisions accordingly. The oil prices in the global market have fallen by around 60% which is a huge disappointment to all the companies working in the oil space.
Last month, Sclumberger Company, that is an oil services provider as well, announced that it would be Cutting off 9,000 jobs due to the collapse in sales. Baker Hughes, a company that opposes Halliburton in the oil field business, also declared termination of 7,000 employees in totality. Weatherford is another oil field services provider that disclosed its plans of annulment of 8000 jobs in the company.
According to a study, the oil industry has lost a total number of 21,000 jobs in the month of January, all because of the recession in the oil prices. In a recent press release, Halliburton also confirmed that this layoff of jobs was not due to the company’s plans of getting its hands on its rival Baker Hughes.
According to a firm named Challenger, oil companies have cut off 22,000 jobs since the summer of 2014, when the oil prices began to drop for the first time.
Halliburton Company is an oil field services provider that works globally, with its headquarters in Texas, USA and Dubai, UAE. It is the world’s second biggest oil services company that is currently active in over 80 countries all over the world. It has subsidiaries and branches and brands globally and has around 100,000 employees.
The oil service provider has decided to cut off thousands of jobs from its workforce globally. As of California, the company’s workforce is small and has only 600 employees in total and it’s not confirmed whether the company will fire employees from its main headquarter in USA or not.
Officials said that the company will cut off around 5,200 to 6,400 jobs in the upcoming layoff that the company feels it should implement.
According to a company’s spokesperson, Halliburton (NYSE:HAL) values each of its employees but the prevailing oil prices in the market have forced the company to take decisions that are for the company’s welfare.
Halliburton’s officials said that the company is still observing the difficult situation that the company is in and will make further decisions accordingly. The oil prices in the global market have fallen by around 60% which is a huge disappointment to all the companies working in the oil space.
Last month, Sclumberger Company, that is an oil services provider as well, announced that it would be Cutting off 9,000 jobs due to the collapse in sales. Baker Hughes, a company that opposes Halliburton in the oil field business, also declared termination of 7,000 employees in totality. Weatherford is another oil field services provider that disclosed its plans of annulment of 8000 jobs in the company.
According to a study, the oil industry has lost a total number of 21,000 jobs in the month of January, all because of the recession in the oil prices. In a recent press release, Halliburton also confirmed that this layoff of jobs was not due to the company’s plans of getting its hands on its rival Baker Hughes.
According to a firm named Challenger, oil companies have cut off 22,000 jobs since the summer of 2014, when the oil prices began to drop for the first time.
Halliburton Company is an oil field services provider that works globally, with its headquarters in Texas, USA and Dubai, UAE. It is the world’s second biggest oil services company that is currently active in over 80 countries all over the world. It has subsidiaries and branches and brands globally and has around 100,000 employees.
Thursday 12 February 2015
Bidness Etc - Toyota Announces Quarterly Earnings Reports
Toyoto Motors Corporation disclosed its 4Q earnings on Wednesday, 11th February, with the earnings per share (EPS) coming at $3.15 falling only $0.01 below expectation of the analysts who had predicted the EPS to be $3.16.
The car makers emerged with a price target of $130.85 for the day, with a 52 week high of $134.24 and low of $103.38.
Many financial analysts have analyzed the stock of the company. According to financial analysts at Jefferies Group, the price target on the company shares is $144.82 to $145.89, giving Toyota Motors a ‘buy’ rating. Analysts at Zacks gave a ‘neutral’ rating to the company’s shares, setting the company’s price target at $132.00.
Three financial firms have given Toyoto Motors the status of a ‘hold’ rating, while two equity analysts have confirmed its shares to be a ‘buy’ rating shares. One analyst has also given Toyoto Motors (NYSE:TM) the rating of a ‘strong buy’.
Two financial analysts firms have also given Toyota Motors shares to reach $153.66 in a period of just twelve months, while another equity analyst sees the company to reach a price target of $145.89 before the end of 2015.
Financial analysts who have analyzed the company’s position in the long term have are of the opinion that the company’s EPS for the present year is to be $12.52. The average growth of the EPS is expected to grow 7% in the next 4-5 years.
Toyota Motor‘s year-over-year earnings increased 16% according to Bloomberg.
The car makers recently launched its hydrogen fuel cell technology which was something the company’s opponents needed to worry about. The fuel technology has given the other car makers like Tesla a run for their money. Toyota is currently providing financial assistance to nineteen fuel stations in California and twelve in different cities like New Jersey, Rhode Island and New York. California has even guaranteed $200 million for the purpose of building 100 new fueling stations in the upcoming 10 years.
Toyota Motor is a Japanese company that deals in automobiles and financial business all over the world. The company has been divided into three main branches in which the automobile department deals with the manufacturing, designing and assembling of cars. It a;so deals with the manufacture of vehicles like sedans and trucks.
The financial department of the company deals with the finances of the company, giving financial advice to the company for the sale of its products.
The car makers emerged with a price target of $130.85 for the day, with a 52 week high of $134.24 and low of $103.38.
Many financial analysts have analyzed the stock of the company. According to financial analysts at Jefferies Group, the price target on the company shares is $144.82 to $145.89, giving Toyota Motors a ‘buy’ rating. Analysts at Zacks gave a ‘neutral’ rating to the company’s shares, setting the company’s price target at $132.00.
Three financial firms have given Toyoto Motors the status of a ‘hold’ rating, while two equity analysts have confirmed its shares to be a ‘buy’ rating shares. One analyst has also given Toyoto Motors (NYSE:TM) the rating of a ‘strong buy’.
Two financial analysts firms have also given Toyota Motors shares to reach $153.66 in a period of just twelve months, while another equity analyst sees the company to reach a price target of $145.89 before the end of 2015.
Financial analysts who have analyzed the company’s position in the long term have are of the opinion that the company’s EPS for the present year is to be $12.52. The average growth of the EPS is expected to grow 7% in the next 4-5 years.
Toyota Motor‘s year-over-year earnings increased 16% according to Bloomberg.
The car makers recently launched its hydrogen fuel cell technology which was something the company’s opponents needed to worry about. The fuel technology has given the other car makers like Tesla a run for their money. Toyota is currently providing financial assistance to nineteen fuel stations in California and twelve in different cities like New Jersey, Rhode Island and New York. California has even guaranteed $200 million for the purpose of building 100 new fueling stations in the upcoming 10 years.
Toyota Motor is a Japanese company that deals in automobiles and financial business all over the world. The company has been divided into three main branches in which the automobile department deals with the manufacturing, designing and assembling of cars. It a;so deals with the manufacture of vehicles like sedans and trucks.
The financial department of the company deals with the finances of the company, giving financial advice to the company for the sale of its products.
Tuesday 10 February 2015
Halliburton Company Experiences Rise In Share Price
Halliburton Company has experienced a massive rise in the shares by over 8.43% in the first week of February. The rise in the shares for the past week was higher than the rise which the company has experienced during the past 4 weeks, that came around at 8.95%. Due to the zealous buying spree that the investors went on at Halliburton, the share price jumped 0.01 points in the market.
According to the most recent data accessible in the market, the net money flow that the company received before the market closed for the day of Monday was $11.81million. The up-ticks resulted in an inflow of $116.48 million and the down-ticks came out at $104.67 million. The finalized up/down ratio that appeared was 1.11, which gave out a definite sign that progressive changes are expected by the company’s financial doings.
The expected 52-week high of the share is 74.33 and the low that is anticipated is 37.21. From block trade, the net flow of money was $18.89 million.
According to a report released on January 15th, short interest shares of Halliburton Company (NYSE:HAL) were 35,019,555 in total. This marked the rise of the shares by almost 18% as short interest shares from December 2014 were 29,751,215 in totality.
The oil-field service providers saw a major rise in the short interest shares. In the past month, the percentage increase in short interest shares was seen at 42.61%, and if looked at the past three months’ status, the percentage comes around at 158.5%. The company’s current short interest ratio is 2.21 which can be looked at in a positive manner as a low interest ratio, which explains that the company is looking towards a positive perspective, while high short interest ratio defines a company’s weak position.
The highest value of a share that Halliburton has experienced so far in a year is $74.33 and the lowest recorded is $37.21.
Halliburton is an oil-field service supplier that works worldwide. Its main headquarters are in Texas, USA and Dubai, UAE. The company gives services to extract oil from the fields, and these services include exploration and development. It also provides guidance to companies for the production of natural oil and gas in Europe, Africa and Asia. The company also caters the Middle East where its CEO David J. Lesar resides and looks after the company’s headquarter in Dubai. The oil-providers are currently working in over 80 countries all over the world.
According to the most recent data accessible in the market, the net money flow that the company received before the market closed for the day of Monday was $11.81million. The up-ticks resulted in an inflow of $116.48 million and the down-ticks came out at $104.67 million. The finalized up/down ratio that appeared was 1.11, which gave out a definite sign that progressive changes are expected by the company’s financial doings.
The expected 52-week high of the share is 74.33 and the low that is anticipated is 37.21. From block trade, the net flow of money was $18.89 million.
According to a report released on January 15th, short interest shares of Halliburton Company (NYSE:HAL) were 35,019,555 in total. This marked the rise of the shares by almost 18% as short interest shares from December 2014 were 29,751,215 in totality.
The oil-field service providers saw a major rise in the short interest shares. In the past month, the percentage increase in short interest shares was seen at 42.61%, and if looked at the past three months’ status, the percentage comes around at 158.5%. The company’s current short interest ratio is 2.21 which can be looked at in a positive manner as a low interest ratio, which explains that the company is looking towards a positive perspective, while high short interest ratio defines a company’s weak position.
The highest value of a share that Halliburton has experienced so far in a year is $74.33 and the lowest recorded is $37.21.
Halliburton is an oil-field service supplier that works worldwide. Its main headquarters are in Texas, USA and Dubai, UAE. The company gives services to extract oil from the fields, and these services include exploration and development. It also provides guidance to companies for the production of natural oil and gas in Europe, Africa and Asia. The company also caters the Middle East where its CEO David J. Lesar resides and looks after the company’s headquarter in Dubai. The oil-providers are currently working in over 80 countries all over the world.
Monday 9 February 2015
Bidness Etc - iPad Sales To Experience A Decline
Revenue generation for Apple’s iPad continued to decrease and according to KGI Security Analyst Ming Chi Kuo, the sales will decrease even further in the coming quarter. According to his latest analysis, iPad’s sales will see a decline of around 30% sales year-over-year.
Kuo is of the opinion that launching a bigger and better iPad will also not solve this problem of decrease in sales. In the first quarter of the year, according to him, the company will start seeing a downturn in the sales by over a 52.7% to 10.1 million units and in the 2nd quarter a decline of 30% is expected of around 7 to 8 million units. Since the launch of the first iPad, this downfall is to be the first one that the company faces.
Kuo is one of the most trusted financial analysts out there whose analysis is given importance as his expertise is in how Apple products will make a difference in the market and how their sales will trend.
Apple (NASDAQ:AAPL) is expected to launch a 12.9 inch iPad but Ming Chi Kuo thinks that this new iPad wouldn't boost sales for company as such.
Apple Inc. is world’s biggest and most used tablet producer and its new iPad is expected in the 2nd quarter of the current year. The new iPad is going to have a bigger screen of 12.2 to 12.9 inches with four speakers and charging ports in landscape as well as portrait mode.
The iPad is also rumored to have OS X Yosemite rather than iOS which will definitely change it’s usability and human interaction, probably allowing usersto have a varying experience than that of they have had with iPhones or previous iPads.
In a recent report released by GizmoChina, it is said the Apple is thinking of naming the upcoming tablet as an iPad Plus.
However, the reason people have decreased their tablet usage is still not apparent. According to some sources, the decline in tablet sales in general might be due to the fact that now people use smartphones which are as big as tablets, eliminating the need of purchasing a tablet simultaneously.
About the expected drop in the sales of iPads, Apple’s concern should not be troublesome for the company as it is still selling the new iPhone 6 in massive quantities, which is giving them high revenue generation to surpass their existing losses.
Kuo is of the opinion that launching a bigger and better iPad will also not solve this problem of decrease in sales. In the first quarter of the year, according to him, the company will start seeing a downturn in the sales by over a 52.7% to 10.1 million units and in the 2nd quarter a decline of 30% is expected of around 7 to 8 million units. Since the launch of the first iPad, this downfall is to be the first one that the company faces.
Kuo is one of the most trusted financial analysts out there whose analysis is given importance as his expertise is in how Apple products will make a difference in the market and how their sales will trend.
Apple (NASDAQ:AAPL) is expected to launch a 12.9 inch iPad but Ming Chi Kuo thinks that this new iPad wouldn't boost sales for company as such.
Apple Inc. is world’s biggest and most used tablet producer and its new iPad is expected in the 2nd quarter of the current year. The new iPad is going to have a bigger screen of 12.2 to 12.9 inches with four speakers and charging ports in landscape as well as portrait mode.
The iPad is also rumored to have OS X Yosemite rather than iOS which will definitely change it’s usability and human interaction, probably allowing usersto have a varying experience than that of they have had with iPhones or previous iPads.
In a recent report released by GizmoChina, it is said the Apple is thinking of naming the upcoming tablet as an iPad Plus.
However, the reason people have decreased their tablet usage is still not apparent. According to some sources, the decline in tablet sales in general might be due to the fact that now people use smartphones which are as big as tablets, eliminating the need of purchasing a tablet simultaneously.
About the expected drop in the sales of iPads, Apple’s concern should not be troublesome for the company as it is still selling the new iPhone 6 in massive quantities, which is giving them high revenue generation to surpass their existing losses.
Friday 6 February 2015
Bidness Etc - How Tablets Usage Has Helped Verizon Communications Inc (NYSE:VZ) Sales
Verizon Communications Inc (NYSE:VZ) announced its 4th quarter earnings last week, which failed to meet financial analysts expectations. Even though the 4Q earnings were higher than expected, the earnings per share reduced to $0.71. The company however believes that one of the reasons for increase in its revenue is the increasing sales of its tablets the previous year.
According to CFO Fran Shammo, what Verizon plans to do next is vital for the company’s growth. Tablets proved to be a revenue wheel for the the company due to increase in tablet usage and consumers. Tablet users have made their way to the top in giving a successful business to VZ, and the company plans to use it as an advantage.
In the last quarter, Verizon added around 1.5 million customers that use 4G to an existing number of 57 million registered customers. With the increasing number of 4G users, the company is still striving to transfer all 3G customers to 4G network.
This goal of the company is the most anticipated one, even though it will be seen as a slow and gradual change. Right now, 66% of Verizon’s connections are on 4G, hence the target to grow and to have all the connections on it is yet to be achieved, which is what the company is currently striving for.
Shammo also said in conversation with financial analysts that tablets have proved to be very profitable for the company. The total number of tablet subscribers was observed to be 8 million by the end of the FY144Q. Tablet users use internet to watch videos on stream and communicate through the web more often the than the smart phone users do, which has proved them to be highly profitable for the company.
In the last quarter only, the company succeeded in accumulating 1.4 million 4G tablet subscribers. Tablet users are seen to be using more internet than those who use smartphones actively. This in return helps the company to provide more and get more in reversion.
As compared to the previous quarter, 50% more data plans are being consumed by the tablet users today. The company also has most post-paid users in United States, for over 100 million, than any other company, hence penetrating the market quite impressively with 80% share. The wireless service provider, does have a chance to gain strong growth with data plans that are to be introduced for its tablet users, just the way it has done for its network consumers.
Thursday 5 February 2015
Bidness Etc - Apple Gets a New Patent, And a Self-Driving Rumored iCar Sighted
A mysterious self-controlled car has been sighted in Concord Bay Area. It is rumored to be another one of Apple’s experiments for their product expansion.
Apple is keen on ensuring quality in terms of mapping service, hence it was no surprise spotting the minivan having at least 12 cameras fixed on its top, it came across at the one used in Street View car. Besides this, two disc-shaped small antennas were also fitted, along with LiDAR sensors that look like spinning cylindrical devices, seems to be hanging over the rear end and front, also to measure rotations of the wheel as far as guesses are being made.
A number of minivans have been sighted in California, having LiDAR sensor fixed on its roof and rear. LiDAR is basically a laser-based technology which is used to create high-resolution maps, and is of significance for the sensing systems that is placed in self-driving vehicles. LiDAR has also been used by Google Inc. (NASDAQ: GOOG), in their self-driving cars.
It is also being said that almost identical minivan in white, was witnessed in Brooklyn last September, with a license plate of California. Moreover, the California Department of Motor Vehicles has confirmed that a Dodge Caravan spotted along with the van carrying equipment is leased by Apple.
It is nothing new about Apple wanting to try its hands on the electric car. The tech giant has been rumored long to be interested in smart cars. A patent was granted on Tuesday for "Apple Electric Car, Inc.," which doesn’t come much as a surprise but surely did raise eyebrows.
The patent, which was discovered by a blog Patently Apple, was basically to support an adjustable pedestal for the computerized display view in a golf cart, which is highly unlikely for Tim Cook to be interested in anything of that sort. According to the filing, the patent allows the golf cart’s display to be seen by the diver despite whether the driver or user is inside the golf car or outside of it.
The news about Elon Musk being spotted at Apple’s Cupertino headquarters was enough to make the tech world go insane with the news. However, the speculations weren’t completely shattered when Mr. Musk reported that the visit was about an acquisition.
The Wall Street analysts have quite for long been claiming that the company might be interested in making an investment in order to purchase an electric car company. But nothing of material has occurred so far, except a development ELEKS creating an Apple iWatch app to allow control of Tesla using their wrists.
Apple is keen on ensuring quality in terms of mapping service, hence it was no surprise spotting the minivan having at least 12 cameras fixed on its top, it came across at the one used in Street View car. Besides this, two disc-shaped small antennas were also fitted, along with LiDAR sensors that look like spinning cylindrical devices, seems to be hanging over the rear end and front, also to measure rotations of the wheel as far as guesses are being made.
A number of minivans have been sighted in California, having LiDAR sensor fixed on its roof and rear. LiDAR is basically a laser-based technology which is used to create high-resolution maps, and is of significance for the sensing systems that is placed in self-driving vehicles. LiDAR has also been used by Google Inc. (NASDAQ: GOOG), in their self-driving cars.
It is also being said that almost identical minivan in white, was witnessed in Brooklyn last September, with a license plate of California. Moreover, the California Department of Motor Vehicles has confirmed that a Dodge Caravan spotted along with the van carrying equipment is leased by Apple.
It is nothing new about Apple wanting to try its hands on the electric car. The tech giant has been rumored long to be interested in smart cars. A patent was granted on Tuesday for "Apple Electric Car, Inc.," which doesn’t come much as a surprise but surely did raise eyebrows.
The patent, which was discovered by a blog Patently Apple, was basically to support an adjustable pedestal for the computerized display view in a golf cart, which is highly unlikely for Tim Cook to be interested in anything of that sort. According to the filing, the patent allows the golf cart’s display to be seen by the diver despite whether the driver or user is inside the golf car or outside of it.
The news about Elon Musk being spotted at Apple’s Cupertino headquarters was enough to make the tech world go insane with the news. However, the speculations weren’t completely shattered when Mr. Musk reported that the visit was about an acquisition.
The Wall Street analysts have quite for long been claiming that the company might be interested in making an investment in order to purchase an electric car company. But nothing of material has occurred so far, except a development ELEKS creating an Apple iWatch app to allow control of Tesla using their wrists.
Wednesday 4 February 2015
Bidness Etc - Lawsuit Against Verizon For Deceptive Marketing By Cablevision Systems
On Thursday, Cablevision Systems Corp. (NYSE:CVC) sued Verizon Communications, Inc. (NYSE:VZ) blaming it of deceptive advertising on radio, television and internet, claiming that it has the best and the fastest Wi-Fi Router service available.
In the past, Verizon Inc. has faced similar issues of falsely marketing accusations by federal regulators. However, now the company is sued by its competitor. The company has been sued before by CVC earlier in 2011 for falsely advertising about speed of internet services, however out of the court settlement took place that time around to solve the case.
Cablevision claims that it has been offering the same FiOS Quantum Gateway Wi-Fi Router to the customers. CVC offers it for free to its optimum network users while Verizon charges $199.99 for the same router.
Cablevision Corp. also alleged that the deceptive advertising is an attempt to hurt its new launch of Freewheel Internet phone in the market place. Which is expected to break sales of Verizon and other service providers. CVC announced that this new service will have cheap voice, data plans and text and will be launched in the month of February. This will not affect the industry leader Verizon, however, it is critical for CVC's declining business pay-TV.
On Thursday, Verizon spokesperson John Bonomo said that the new court case is “a boldface trick to endorse Cablevision’s latest wireless services.”
CVC said that it has invested hugely in its Wi-Fi network business and has almost 1.1 million Wi-Fi hotspots placed in tri-state area of New York. The company also provides both indoor and outdoor services, on the other hand, Verizon provides indoor services only, and that also through third parties. Consequently, Verizon should not making any courageous claims. Also, besides probing the wireless provider to stop its deceptive advertising, CVC has also asked for the damages.
In response to CVC statement that Verizon only offers indoor Wi-Fi services, it said, “We offer the fastest indoor Wi-Fi service than any other provider”. CVC is mystifying the users by comparing indoor and public Wi-Fi Routers.
Verizon has also rejected the claim regarding its deceptive advertising message. Company’s spokesperson told Reuter, “A neutral party has certified and tested the FiOS Quantum Gateway Router”. But, CVC opposes that the carrier company has manipulated the test.
Cablevision Corporation's (NYSE:CVC) share is up by 3.59% at $19.60 in real time. The average 30-day trading volume is 2.94 million shares. Company has a 52-week low of $15.83 and 52-week high of $21.97.
In the past, Verizon Inc. has faced similar issues of falsely marketing accusations by federal regulators. However, now the company is sued by its competitor. The company has been sued before by CVC earlier in 2011 for falsely advertising about speed of internet services, however out of the court settlement took place that time around to solve the case.
Cablevision claims that it has been offering the same FiOS Quantum Gateway Wi-Fi Router to the customers. CVC offers it for free to its optimum network users while Verizon charges $199.99 for the same router.
Cablevision Corp. also alleged that the deceptive advertising is an attempt to hurt its new launch of Freewheel Internet phone in the market place. Which is expected to break sales of Verizon and other service providers. CVC announced that this new service will have cheap voice, data plans and text and will be launched in the month of February. This will not affect the industry leader Verizon, however, it is critical for CVC's declining business pay-TV.
On Thursday, Verizon spokesperson John Bonomo said that the new court case is “a boldface trick to endorse Cablevision’s latest wireless services.”
CVC said that it has invested hugely in its Wi-Fi network business and has almost 1.1 million Wi-Fi hotspots placed in tri-state area of New York. The company also provides both indoor and outdoor services, on the other hand, Verizon provides indoor services only, and that also through third parties. Consequently, Verizon should not making any courageous claims. Also, besides probing the wireless provider to stop its deceptive advertising, CVC has also asked for the damages.
In response to CVC statement that Verizon only offers indoor Wi-Fi services, it said, “We offer the fastest indoor Wi-Fi service than any other provider”. CVC is mystifying the users by comparing indoor and public Wi-Fi Routers.
Verizon has also rejected the claim regarding its deceptive advertising message. Company’s spokesperson told Reuter, “A neutral party has certified and tested the FiOS Quantum Gateway Router”. But, CVC opposes that the carrier company has manipulated the test.
Cablevision Corporation's (NYSE:CVC) share is up by 3.59% at $19.60 in real time. The average 30-day trading volume is 2.94 million shares. Company has a 52-week low of $15.83 and 52-week high of $21.97.
Tuesday 3 February 2015
Bidness Etc - Reasons of McDonald’s Financial Downfall
The downturn that the McDonald’s Corporation (NYSE:MCD) has been facing for the past 2 years has brought the company down in the market by a mile. Since the FY13Q4 earnings report received, the company has observed a downfall of 7% in these past quarters, in the total revenue as compared to that of the fiscal year 2013.
The rising competition in the market has said to be one of the main reasons behind the declining state of the shares of the famous corporation. Reportedly, yearly revenue of the company has not seen a high since 2013. Financial analysts opinionated on the subject, claiming that the downfall of the company could result in providing the necessary nudge they require to climb out of the ongoing crisis. The company is yet to report a single quarterly earnings’ growth since 2013.
One of the many reasons that have been observed for the downfall of McDonald's are that, that now people have lessened their junk food diet and are more inclined towards healthier food. The increasing number of diseases caused by fast food intake has made the customers change their minds about it and switch towards a cleaner diet. The customers are more attracted towards food chains that provide foods that are not fatty and unhealthy, but prefer eating fresh, organic produce.
Another reason why McDonald’s is facing such a crisis, is because of the scandal that took place in China which accused the food-chain company of using meat that has been expired in their products, creating much distrust and skepticism among the usual customers. This defamation of the company highly affected its Asian franchises, especially the one’s present in China and Japan.
Amid the challenging times that McDonald's is facing, the CEO of the company has decided to step down from his post and will retire by the end of February. In a recent press release, Donald Thompson announced his retirement and said that even though he’ll miss the McFamily, it’s the right time for him to end his 25 years at McDonald’s Corporation. Current Chief Brand Officer, Steve Easterbrook will be decidedly replacing Mr. Thompson. These changes in the company will take place by the 1st of March this year.
Financial analysts have predicted that the results of Thompson’s retirement are going to have a good effect on the company’s business. However, the negative image that has been created about the company needs to be changed in order to increase sales and attract old and new customers alike.
The rising competition in the market has said to be one of the main reasons behind the declining state of the shares of the famous corporation. Reportedly, yearly revenue of the company has not seen a high since 2013. Financial analysts opinionated on the subject, claiming that the downfall of the company could result in providing the necessary nudge they require to climb out of the ongoing crisis. The company is yet to report a single quarterly earnings’ growth since 2013.
One of the many reasons that have been observed for the downfall of McDonald's are that, that now people have lessened their junk food diet and are more inclined towards healthier food. The increasing number of diseases caused by fast food intake has made the customers change their minds about it and switch towards a cleaner diet. The customers are more attracted towards food chains that provide foods that are not fatty and unhealthy, but prefer eating fresh, organic produce.
Another reason why McDonald’s is facing such a crisis, is because of the scandal that took place in China which accused the food-chain company of using meat that has been expired in their products, creating much distrust and skepticism among the usual customers. This defamation of the company highly affected its Asian franchises, especially the one’s present in China and Japan.
Amid the challenging times that McDonald's is facing, the CEO of the company has decided to step down from his post and will retire by the end of February. In a recent press release, Donald Thompson announced his retirement and said that even though he’ll miss the McFamily, it’s the right time for him to end his 25 years at McDonald’s Corporation. Current Chief Brand Officer, Steve Easterbrook will be decidedly replacing Mr. Thompson. These changes in the company will take place by the 1st of March this year.
Financial analysts have predicted that the results of Thompson’s retirement are going to have a good effect on the company’s business. However, the negative image that has been created about the company needs to be changed in order to increase sales and attract old and new customers alike.
Monday 2 February 2015
Bidness Etc - Apple Inc (NASDAQ:AAPL) is past its previous high of $119 per share.
Apple Inc. (NASDAQ:AAPL) shattered expectations regarding its share price as well as shipped more smart phones in last quarter than Samsung Electronics did. After the company’s record last quarter result came out, its stock price witnessed a boost this week. On Friday, its share price reached $120 for the very first time after its stock split last year and past their previous high of $119 per share.
Apple Inc. with total market capitalization of $695 billion surpassed Microsoft Corp. (NASDAQ:MSFT) and nearly doubled market cap that of Google Inc. (NASDAQ:GOOG).
On Wednesday, Kristen Scholer wrote about Apple’s profit of $18 billion, that it was the highest ever posted by a public company in one quarter. Apple today has a cash pile of almost $178 billion, which is more than enough to buy IBM.
Apple Inc. with total market capitalization of $695 billion surpassed Microsoft Corp. (NASDAQ:MSFT) and nearly doubled market cap that of Google Inc. (NASDAQ:GOOG).
On Wednesday, Kristen Scholer wrote about Apple’s profit of $18 billion, that it was the highest ever posted by a public company in one quarter. Apple today has a cash pile of almost $178 billion, which is more than enough to buy IBM.
According to Apple’s senior portfolio manager, Daniel Morgan said that the company’s quarterly result was excellent and showed a good sign, but it is upsetting for its rivals Microsoft Corp. and IBM. According to BTIG analysts, the company will see even more upside in first quarter of 2015, as the tech giant has the potential to earn strong revenue and earnings per share growth this year.
After company released its quarterly results, many research firms increased their target price on Apple. For example, Citi reportedly wrote that besides having more worth than any other public company, Apple costs less than the broader market on P/E basis. Citi today has $135 target share price on Apple.
There are chances that Apple could tumble its top competitor Samsung Co. in the smartphone battle. Samsung reported 27% decrease in its profit last quarter, as per company’s earnings’ report. According to the management, this is due to lower smartphone sales. However, another report states that, Apple has presumably conquered the Chinese market from Samsung in terms of smartphone sales.
Co-Founder of Global Equities Research, Trip Chowdhry predicted apple share price to go up to $150. He mentioned the firm as “a multiyear, multi product, multi geography, multi service growth company”. An announcement followed by, from California-based company’s CEO, Tim Cook that Apple’s iWatch will be released in April. Trip is expecting Apple watch to be an “extraordinary success”.
62 analysts recently covered Apple Inc., out of which 45 has rated it as a ‘buy’ whereas, 13 gave it a ‘hold’ rating.
The company’s share price climbed to $114.90 during the after-hours trading on Friday.
After company released its quarterly results, many research firms increased their target price on Apple. For example, Citi reportedly wrote that besides having more worth than any other public company, Apple costs less than the broader market on P/E basis. Citi today has $135 target share price on Apple.
There are chances that Apple could tumble its top competitor Samsung Co. in the smartphone battle. Samsung reported 27% decrease in its profit last quarter, as per company’s earnings’ report. According to the management, this is due to lower smartphone sales. However, another report states that, Apple has presumably conquered the Chinese market from Samsung in terms of smartphone sales.
Co-Founder of Global Equities Research, Trip Chowdhry predicted apple share price to go up to $150. He mentioned the firm as “a multiyear, multi product, multi geography, multi service growth company”. An announcement followed by, from California-based company’s CEO, Tim Cook that Apple’s iWatch will be released in April. Trip is expecting Apple watch to be an “extraordinary success”.
62 analysts recently covered Apple Inc., out of which 45 has rated it as a ‘buy’ whereas, 13 gave it a ‘hold’ rating.
The company’s share price climbed to $114.90 during the after-hours trading on Friday.
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