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…
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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…