Sluggish PC, printer sales push HP profit forecast lower
The sluggish sales in PCs and printers is impacting Hewlett-Packard Co's financial performance. The company on 1 November 2015 split into two entities-- HP Inc and Hewlett Packard Enterprise Co (HPE). HP Inc lowered profit forecast for the first quarter as it recorded profits below the market expectations during the third quarter.
Nov 26, 2015 3:00 AM EST
The Polaris Slingshot Is A Thrilling Three-wheeled Roller-Coaster Track Ride
The European and Canadian companies were having fun until American companies decided to join the three-wheeler ring by unveiling Polaris Slingshot three-wheeler, a thriller roller-coaster track ride. Now, with Slingshot, being stable yet adventurous is possible at a time.
U.S Government Is Putting Huge Effort To Pace Up With The Surging Demand Of Weapons
The demand of weapons and firearms are growing rapidly around the globe. U.S government is trying their best to keep up with the rising demand of arms sales.
Turing Pharmaceuticals Won't Cut Price of Daraprim
Turing Pharmaceuticals announced it will not reduce the price of Daraprim, after it has raised the price more than 5,000% in September.
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Carl Icahn picks 7.13% in Xerox, says it's undervalued
Billionaire investor Carl Icahn picked 7.13 percent stake in Xerox Corp paving his way to the company's board. Icahn gave a statement that Xerox shares are undervalued as the stock fell over 20 percent this year so far.
Nov 25, 2015 3:50 AM EST
Despite easing foreign trade, Russian markets turn attractive
Ever since the imposition of economic sanctions, the Russian economy is suffering from weakening foreign trade. Exports and imports, move steeply, only to drop during January-September period. Despite the rise in oil and natural gas exports, the oil price drop in dollar value is eroding the gains.
Nov 25, 2015 3:47 AM EST
U.S. Finds Evidence of Bribery in Wal-Mart Operation in Brazil
U.S. authority investigates potential foreign bribery by Wal-Mart Stores Inc in its Brazil operations. The investigation unearthed some evidences.
Nov 25, 2015 3:17 AM EST
SoundClound Commercialization Disappoint Its Loyal Users
Commercialization has created trouble for SoundCloud's loyal users. Its confusing copyright policy made users lost their tracks stored in SoundCloud.
Nov 25, 2015 3:10 AM EST
Oil Price Crash Sparks OPEC's Revolt Against Saudi
Saudi Arabia keeps increasing its oil production resulting crash of crude oil price. This sparks revolt of OPEC members against the leading oil producer.
Nov 25, 2015 2:53 AM EST
Alibaba's Jack Ma eyes South China Morning Post
Alibaba Group's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post. The move is similar to Amazon's Jeff Bezos who tries to revive the traditional newspaper in current digital age.
Nov 25, 2015 2:36 AM EST
Oil supply glut creating traffic jams at sea
The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.
Nov 25, 2015 2:20 AM EST
Ackman Established Superiority On Pershing By Raising Its Stake In Valeant Pharmaceuticals
Activist investor Ackman has recently announced that Pershing has increased its amount of stakes in Valeant Pharmaceuticals. According to experts, this decision will play an interesting role in the besieged drug maker’s strategy.
Nov 25, 2015 2:09 AM EST
Jack Dorsey, retail investors win, while underwriters lose in Square IPO
The IPO from Square has set a new record by receiving an overwhelming response on its listing day. the stock rose 45% giving more cheers to investors. Forbes has done some assessment on who are the winners and losers in Square IPO.
Nov 25, 2015 12:13 AM EST
New York Governor’s Praiseworthy Effort to Stop Terrorism through ‘See Something, Send Something’ App
Have you ever imagined combating terrorism by using a mobile app? Now, you don’t need to wait and search for the right person to send the SOS or think whom to call. Go through, Gov. Andrew Cuomo’s promotional campaign to know more.
Nov 24, 2015 4:03 AM EST
Asian stocks tumble as commodity fall continues on thin volumes
Asian stocks tumble as commodity stocks slipped into pressure while consumer stocks gained momentum. The positive expectations about US interest rate hike is pushing Wall Street upwards.
Nov 24, 2015 3:43 AM EST
Women Rules The Education Scenario In Many Countries: Does The Professional World Reflect The Same?
The women are more educated than the men in many countries. It is proven from various reports, but the professional world is yet to give the women what they truly deserve.
Nov 24, 2015 1:38 AM EST
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