As Twitter announced strong 2Q2014 results, there are those who believe Twitter Inc (NYSE:TWTR) has what it takes to grow much larger than it is at present. But some are not yet convinced about Twitter’s long-term growth prospects.
Pushed by the recent World Cup in Brazil, Twitter came up with better than expected numbers. Revenues for 2Q2014 were up 124% at $312 million compared Read more [...]
US economy failed to rebound in the second quarter of 2014 as much as investors expected and the American currency declined against Euro for the first time during the last seven days.
Tomorrow FED will begin meetings to debates the interest rates pace and if the Government is going to reduce further its bond purchase monthly amount.
Investors and analysts expect the rebound to be weaker than Read more [...]
Mergers in News: Zillow (NASDAQ:Z)–Trulia (NYSE:TRLA), MDM (LON:MDM)–Foster Wheeler (NASDAQ:FWLT) and More
A rumored merger of two online real estate giants could be an industry game changer, while MDM and Foster Wheeler’s merger has been approved. Meanwhile, Columbus A/S (CPH:COLUM) and Renesas Electronics Corporation (TYO:6723) separately announced merger plans with their subsidiaries.
Zillow (NASDAQ:Z)–Trulia (NYSE:TRLA) Rumored Merger Could be Real Estate Industry Game Changer—CNN
Zillow (NASDAQ:Z) Read more [...]
A 20-year-old company that has hardly ever returned profits consistently would normally have its stock pummeled by sellers. But not so with Amazon.com, Inc. (NASDAQ:AMZN), which continues to enjoy support from investors and exorbitant P/E ratios (more than 851 as of Friday’s closing) that put it in a league of its own.
Disappointing Quarterly Results
The latest quarterly results were disappointing Read more [...]
Virgin America files for $115 million IPO, while across the pond, Reckitt Benckiser (LSE:RB) announces a de-merger of its pharmaceutical business. Meanwhile, Mapi Pharma (NASDAQ:MAPI) reduced its IPO amount by half.
Virgin America Files for $115 M IPO
Virgin America, the Burlingame, California-based airline, filed for an IPO worth $115 million, according to a Securities and Exchange Commission Read more [...]
Fund portfolios recorded a positive inflow in 2014 – $109 million, which reverses the outflow of approximately % 13.9 billion during the first two months of 2014. This brings the ETF portfolios with allocation in emerging economies back among the major players in world markets.
Money managers are optimistic about developing-nation ETF. Black Rock Inc has attracted approximately $2 billion into its Read more [...]