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JPMorgan Chase & Co. Announces Job Cuts

JPMorgan Trading Up 49.3700 USD per share, +0.6800, +1.43% Despite the banking industry posting its finest success since 2006, the six biggest U.S. banks released plans within the first 3 months of 2013 to eradicate about 21,000 jobs, or 1.8% of their total workforce, according to Bloomberg…. Read More…

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Amazon Planning To Acquire Goodreads

Amazon Trading Up 259.010 USD per share, +0.576, +0.01% Without offering additional conditions or specifics, Amazon reported that it intends to acquire Goodreads, an e-reader system that contributes a social level to the experience. With 16 million users, Goodreads is a great investment for… Read More…

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Facebook Home Causing Apple/Microsoft Battle To Heat Up

Apple Trading Up 423.420 USD per share, +0.200, +0.06% Microsoft Trading Down 28.5100 USD per share, -0.1700, -0.66% Facebook Trading Down 26.7803 USD per share, -0.6200, -2.27% Apple and Microsoft spent two decades combating over market share and technologies within the field of computers…. Read More…

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Telefonica SA Contemplating Additional Asset Sales

Telefonica SA Trading Down 13.4200 USD per share, -0.0100, -0.15% Telefonica SA, the most debt-burdened phone company in Europe, is looking at an additional round of resource sales to assist in meeting its goal of cutting net debt by greater than 4 billion euros this year. The Telefonica Irish… Read More…

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BP Takes A Step Back From Clean Energy

BP Trading Down 41.2700 USD per share, -0.6201, -1.51% While oil and gas procedures can obviously be pricey undertakings, the Gulf of Mexico oil spill of 2010 cost BP around $40 billion. Generally speaking, those initiatives provide far greater earnings than clean energy. Considering the large… Read More…

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Barclays Along With Others Now Exempt From Dodd-Frank Act

Barclays Trading Down 17.4701 USD Per Share, -0.4400, -2.56% As a consequence of a determination made final by the United States Commodity Futures Trading Commission, Barclays, together with other banks can now be exempt from Dodd-Frank Act swap market regulations when trading in between or… Read More…

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Exxon Mobile Damaged Pipeline Impacting Value

Exxon Mobil Trading Down Exxon Mobil has once again landed itself in a difficult circumstance. For the second time in less than a month a damaged pipeline has lead to a considerable oil spill. This time around, the damage was not limited to the forests, as crude oil was seen streaming through… Read More…

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Goldman Sachs Bypassing Political Arena

Goldman Sachs Group Trading Down Goldman Sachs will not be getting into politics. The concept was suggested in 2012 by John Harrington, President of Harrington Investments. Harrington stated that the $6.39 million in political donations from Goldman personnel threatened to do additional damage… Read More…

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Microsoft Boasts About Windows 8 Shipment Numbers

Microsoft Trading Up The Microsoft Windows Phone 8 operating system is not noted for its glowing reviews. the truth is, it is often passed over in discussion related to the leading mobile platforms. This makes a recent announcement made by Frank Shaw, Microsoft’s public relations head, rather… Read More…

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General Motors Predicting Large Profit Margins

General Motors Company Trading Down General Motors fired 598 employees Tuesday at their São Paulo state plant. This is the same location for which GM has attracted governmental heat for attempting to shut what it refers to as a less than competitive assembly line. The actions were subsequent to… Read More…