Microsoft Corporation (NASDAQ MSFT) is ending support for Windows Server 2003 in July 2015, so will that drive a major server upgrade? Bernstein analysts don’t think so, but they do think it will drive an increase in recurring revenue, which is exactly what Microsoft wants anyway. In a report dated Oct. 3, 2014, analysts Mark…
Apple Inc. apparently wants to tap into the success of its gold iPhone 6 by adding it to the iPad Air 2. Apple Inc (NASDAQ AAPL) is expected to unveil the iPad Air 2 this month, and now it sounds like there will indeed be a gold model. Other color options are expected to be…
The law firm of Lavely & Singer, which is representing a number of the (mostly) female celebrities who had their iCloud accounts hacked, and their pictures posted all over the Internet have been calling on Google Inc (NASDAQ GOOG) to remove the pics from their sites for some time now. But in a typical grandiose…
Social media giant Facebook Inc (NASDAQ FB) announced on Monday, October 6th that its $20 billion plus acquisition of instant messaging leader Whatsapp was finalized as both the U.S. SEC and the European Commission had signed off on the deal. Shares of acquisition-happy Facebook are up 41 cents at $77.85 as of 1:45 PM ET…
The People’s Bank of China (PBOC) announced the elimination of the original lending rate floor of 30% discount to benchmark, allowing banks to lend at any discount to benchmark lending rates as they see fit. The PBOC scrapped the cap on lending rates in 2004, and this move will fully liberalize lending rates for banks….
People’s United Financial reported net income of $62.1 million, or $0.20 per diluted share, in the second quarter of 2013 compared with $64.8 million, or $0.20 per diluted share, in the second quarter of 2012. Loans across all categories showed strong growth during the quarter, increasing at an annualized rate of 13%. The net interest…
