Wednesday trading on the Amsterdam Stock Exchange saw shares of Dutch suppliers of navigation applications TomTom NV surge. Followed by a prediction of a Rabobank International analyst that the US company Apple Inc. may be interested in a takeover, the…
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Macy’s Share Buyback Program
Macy’s, Inc. (NYSE: M), one of the leading U.S department store retailers, hiked its share repurchase program by $ 1.5 billion, amounting the whole authorisation outstanding to $1.861 billion. Through the first 9 months of the current year Macy’s, Inc.…
Hewlett-Packard Gets Boost Over Carl Icahn’s Buy Rumors
The rumour of Icahn Enterprises’s interest in purchasing Hewlett-Packard Company’s share booms the share value of the PC manufacturers. The news that Icahn Enterprises, is building a stake in the company regains the confidence of the investors. The market Rumour:…
FedEx Overcharged Customers : E-Mail Says
FedEx Corporation is accused of overcharging its customer by billing business and Government offices at a higher residential rate, as known from the company’s sales executive through an internal E-mail. This unfair practice is continuing from last 5 to 6…
Recovery in Housing Sector
Goldman Sachs Group, survived the real estate recession five years ago, to see the housing sector recover again. After a long six years slump now the prices are recovering and market demand for properties has found a way to buyer’s…