Since a year back everyone thought that Microsoft Corporation is going towards destruction and nobody can save it. It is coming to an end. But later on we convinced ourselves that nothing is going to happen. But in realty things…
Trader pinched for $ 1 billion Apple stock scheme
Mr. David Miler, the former Rochdale security trader has been accused of the allegations of fraud associated with the purchase of apple’s share. David fein, Connecticut attorney general and the FBI jointly sue a criminal lawsuit against David miller alleging…
Wal-Mart Fired 20 years tied New Work Supplier
Wal-Mart Stores, Inc. (NYSE:WMT) Fired a U.S supplier having a 20 year relationship with the world’s largest retailer after a Bangladesh factory burnt last month. The Wal-Mart Stores: The supplier named Success Apparel mention its ignorance about the matter that…
Cisco’s Chambers Affirms Revenue Target
John Chamber, The chief Executive officer of Cisco Systems, affirmed the company’s long term revenue growth of 5% to 7% as he focused on expanding the software and services segment to lessening on depending on routers and switches. The story…
FBI may Probe into trades of InterMune
U.S. lawmakers are investigating the 2010 trading of InterMune, Inc. shares and last year trading in Weight Watchers International, Inc. by SAC Capital Advisors LP. According to a person who revealed on a condition of anonymity, U.S. Securities and Exchange…
Google Sheltered in No-Tax At Bermuda
The increased revenue flow to Bermuda disclosed by a subsidiary in the Netherlands, in 21st Nov. The news creates anger in Europe and U.S. Government in France, Italy, Australia and France are inquiring Google’s tax evasion as they need to…
GlaxoSmithKline Anthrax Treatment Approved by FDA
According to GlaxoSmithKline, the food and drug administration (FDA) approved that patients can be now treated with Raxibacumab for the cure of lethal disease anthrax. FDA’s approval on Raxibacumab: The monoclonal antitoxin Raxibacumab is the first of its kind to be…
China’s deepen reforms regarding strategic policies
China will improve its economic strategies by implementing steady economic policies in 2013. It intends to strengthen the long-term growth leaving the global risk apart, according to the official Xinhua said on Sunday after an annual policy setting conference. Chinese…
Buffett-Soros combined Efforts in Raised Taxes of Estates
Billionaire investor Warren Buffett and George Soros are requesting congress to enhance the estate tax as the tax policy is expiring on 31 Dec. Along with Buffett and Soros, 20 other wealthy individuals asked Congress to increase the estate tax…
Buffett Expands Buyback Up to 120% of Book Value
Buffet views the stocks as undervalued so involved in repurchases of shares. After a long era of 4 decades, the company started the buy back program in 2011. Last year the company repurchased less than $100 million stock. And since…