Year: 2014

On Dec 26, 2014, Zacks Investment Research upgraded Broadcom Corp. ( BRCM ) to a Zacks Rank #1 (Strong Buy). Going by the Zacks model, companies sporting a Zacks Rank #1 have a strong chance of outperforming the broader market […]

In continuation with its strategy to trim the Global Consumer Bank (‘GCB’) operations, Citigroup Inc. ( C ) is shrinking its Japanese footprint. The Wall Street banking giant is set to vend its retail banking operations in Japan to Sumitomo Mitsui Financial Group, Inc. […]

Wal-Mart Stores Inc .( WMT ) is about to hike wages of its workers in 2015, according to an internal memo examined by Reuters earlier this month. The wage hike will come into effect in 21 U.S. states on or around Jan 1, 2015 and will impact around 1400 stores […]

Shares of Check Point Software Technologies Ltd. ( CHKP ) hit a new 52-week high of $80.82 on Dec 24, eventually closing at $80.44. […]

Ericsson ( ERIC ) extended its managed services alliance with Yoigo to provide support to this Spanish network for three additional years. Ericsson will continue to offer tools, processes and teams to Yoigo for enhancing the latter’s customer experience through better 2G, 3G, HSPA and 4G services. Notably, the company has been assisting Yoigo ever since this Spanish telecom operator began operations in 2006. […]

Software developer Microsoft Corporation ’s ( MSFT ) Xbox Live was hit by user connection problems on Christmas Day. Xbox was partially inaccessible to users as they were unable to connect with the gaming network. […]

Google Inc .'s ( GOOGL ) YouTube division has agreed to distribute the Sony Pictures film "The Interview." The movie was the subject of one of the most disturbing hacks of corporate information in history. “The Interview” This is the story of the fictional murder of North Korean leader Kim Jong Un. The U.S. […]

Although Gilead Sciences Inc. ( GILD ), one of the leading biotech companies in the U.S., recovered 2.1% on Wednesday, overall the stock has plunged approximately 15.8% after pharmacy benefit manager Express Scripts ( ESRX ) entered into an agreement with AbbVie Inc. ( ABBV ) […]

Facebook Inc. ( FB ) recently entered into a partnership with the National Football League (NFL) per which it will feature short video clips in its U.S feeds. Per the deal, NFL game highlights, studio analysis and fantasy updates will be posted on the timelines of select Facebook users from Dec 30, 2014 […]

Emerson Electric Co. ( EMR ) acquired a primary manufacturer of gas analyzers and monitoring systems, Cascade Technologies Ltd. on Dec 22. […]