Intel Corporation (NASDAQ:INTC) will receive a government grant of $300 million over five years and will be eligible to pay a corporate tax rate of only 5pc for a 10-year period, the finance ministry said. The US chip giant plans to hire close to 1,000 more workers at the plant by 2023, in addition to…
Charles Schwab Corp (NASDAQ:SCHW) EVP James D. Mccool sold 35,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $30.10, for a total value of $1,053,500.00. Following the transaction, the executive vice president now directly owns 84,905…
On Sep 11, Alcoa Inc. (NYSE:AA) said it signed a multiyear contract to supply aluminum sheet and plate products for aerospace giant Boeing Co ‘s commercial jetliners valued at more than $1 billion. Alcoa Inc. (NYSE:AA) belongs to Basic Materials sector. Its net profit margin is -10.40% and weekly performance is -3.42%. On last trading…
Hewlett-Packard Company (NYSE:HPQ) is stepping up its cloud efforts, unveiling a deal to buy Eucalyptus, which provides open-source software for the computing service. Financial terms weren’t disclosed. Eucalyptus Chief Executive Marten Mickos, who was once chief executive of MySQL, the open source database developer sold to Sun Microsystems Inc. in 2008, will join H-P as…
TheStreet Ratings team reiterates its “buy” rating on Sirius XM Holdings Inc. (NASDAQ:SIRI) with a ratings score of B-. Sirius XM Holdings Inc. (NASDAQ:SIRI) belongs to Services sector. Its net profit margin is 8.70% and weekly performance is -1.95%. On last trading day company shares ended up $3.52. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from…
General Motors Company (NYSE:GM) is recalling 221,000 cars due to a parking brake issue with its 2013-2015 Cadillac XTS and the 2014-2015 Chevrolet Impala models, the company announced over the weekend. General Motors Company (NYSE:GM) belongs to Consumer Goods sector. Its net profit margin is 3.10% and weekly performance is -0.56%. On last trading day…
