Stock Focus: Apple (NASDAQ APPL) Fearing Irish Taxes

The European Commission has been cracking down on tax loopholes of late, and one that has come in for particular scrutiny is the 1991 deal between Apple Inc (NASDAQ AAPL) and Ireland. It is investigating whether the agreement breaks European Union laws which prohibit state aid to companies. Both the Irish government and Apple have stated that they work in accordance with the law. Apple … Continue reading Stock Focus: Apple (NASDAQ APPL) Fearing Irish Taxes

Stock in News: Google (NASDAQ GOOG) Spying Issue Raised

To grass roots activists of all stripes, Google Inc (NASDAQ GOOG) has always been somewhat of an enigma. On the one hand it says the right things to support politically progressive causes such as fighting for privacy protection or Net Neutrality, but on the other hand taking actions that raise question marks as to the company’s true credentials. As WikiLeaks founder claims Google is in … Continue reading Stock in News: Google (NASDAQ GOOG) Spying Issue Raised

Active Stock: Facebook (NASDAQ FB) App Gets A Low Rating From Users

Facebook Inc (NASDAQ FB) apps are not popular with users despite the company being successful in turning its mobile unit into a thriving business. Ratings for the company’s mobile apps are among the lowest in the category on the Apple app store and Google Play store. Although users are not real happy with the Facebook mobile app, revenue and share price for the company remain … Continue reading Active Stock: Facebook (NASDAQ FB) App Gets A Low Rating From Users

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Biotech Stock in News: Alexion Beats on Earnings & Revenues in Q3

Alexion Pharmaceuticals’ (ALXN) third-quarter 2014 earnings (including stock-based compensation expense) of $1.14 per share beat the Zacks Consensus Estimate by 9 cents. The earnings beat was attributable to higher-than-expected revenues. Moreover, earnings were above the year-ago figure by 56.2%. Including one-time items, Alexion’s earnings climbed 87% year over year to 88 cents per share in the reported quarter. Alexion’s revenues climbed 39% year over year … Continue reading Biotech Stock in News: Alexion Beats on Earnings & Revenues in Q3

Bitcoin News: A Spanish Hotel Launches Bitcoin ATM With A Bang

A Spanish hotel chain that accepts payment in bitcoin celebrated the launch of a bitcoin ATM in one of its Madrid hotels last night. One Shot Hotels hosted a cocktail party at its Recoletos 04 venue, which was attended by more than 100 people. “It was packed. All the Spanish Bitcoin startups were there, along with a lot of bitcoin users and also a few … Continue reading Bitcoin News: A Spanish Hotel Launches Bitcoin ATM With A Bang

Major Stock News: Another Round Of Microsoft (NASDAQ MSFT) Layoffs

According to knowledgeable sources, Microsoft Corporation (NASDAQ MSFT) is laying off its entire global advertising sales team. The reduction in force comes as the ad sales positions have become largely redundant as individual divisions are handling their own ad sales today. The sources note the layoffs are coming within the Microsoft Advertising division, and are anticipated to include at least 100 employees in the U.S., … Continue reading Major Stock News: Another Round Of Microsoft (NASDAQ MSFT) Layoffs