It’s not yet certain whether the Internal Revenue Service (IRS) will go along with Yahoo’s plans to spin-off its Alibaba shares into a separate company but Yahoo! Inc. (NASDAQ:YHOO) investors appear uncertain about Yahoo’s tax-saving stratagems. Yahoo shares have lost 30 percent since May as the maneuvers continue and Yahoo recently announced that the IRS declined to issue a ruling on its request.
Tax Read more […]
The latest bout of bad news for GoPro Inc (NASDAQ:GPRO)’s share price came from its chip supplier Ambarella Inc., which said it expects weak demand for wearable cameras.
Ambarella expects chip shipments for the wearables market to be down in 3q2015 from 2q2015 as well as 3q2014 because of lack of new products. GoPro has launched Hero+ LCD and Hero4 Session cameras in June and July of this Read more […]
T-Mobile US Inc (NYSE:TMUS) believes a minuscule number of users of its unlimited data plans using 4G LTE are abusing its network and it has rolled out plans to bring those users to line by putting restrictions on them after informing them.
T-Mobile CEO John Legere put it this way on Twitter:
Customer experience is my top priority & that means eliminating anyone who abuses our network. #byebye Read more […]
Netflix, Inc. (NASDAQ:NFLX) Takes A New Approach As Apple Inc. (NASDAQ:AAPL) Emerges As A Likely Competitor
For Netflix, Inc. (NASDAQ:NFLX), the game of online streaming of content is one that it has conquered so far but it does not want someone else to destroy the house of streaming it has built. Apple Inc. (NASDAQ:AAPL), too, is the king of the world in its realm and it wants to expand its kingdom.
And therein lies the scope for dangers, battles, winners, losers, and even approaching winter for at Read more […]
Tesla Motors Inc (NASDAQ:TSLA) seems to have put its 2nd quarter earnings behind it and about to regain the ground it lost after the results came out with their slight note of caution about the company possibly failing to meet its 2015 target of 55,000 vehicles sold.
Since the 2nd quarter results came out, the biggest piece of good news has been the release of Consumer Reports’ ranking that chose Read more […]
As Apple sets the date for its next iPhone launch event on September 09 like last year, Apple’s stock has been in the doldrums for a while. But that could be just a summer slumber before the action picks up again as traders return from their vacations.
In recent years, Apple stock has tended to end the year higher than where it was at the beginning of the year — including in 2012 when the stock Read more […]