Magic Leap raised $542 million in a funding round led by Google Inc (NASDAQ GOOG) on Tuesday. The number 1 mobile chipmaker, Qualcomm Inc (NASDAQ QCOM) is invested in this funding round as well as Andreessen Horowitz, KKR, Obvious Ventures and Legendary Entertainment. The company’s Founder and CEO, Rony Abovitz said its mission is to…
Facebook Inc (NASDAQ FB) is offering a revenue share deal to the publishers that will enable newspapers, magazines, and websites to send their articles for the social network directly through its mobile app, according to a report from the New York Times. The social networking website has initiated a “listening tour” with publishers to discuss…
Equities researchers at TD Securities cut their price target on shares of IAMGOLD Corp (NYSE:IAG) from C$4.00 to C$3.50 in a research report issued on Tuesday. The firm currently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 27.27% from the company’s current price. IAMGOLD Corp. (NYSE:IAG) belongs…
On Oct 20, Forest Oil Corporation (NYSE:FST) announced that it will commence mailing definitive proxy materials in connection with the meeting to Forest shareholders for the purpose of voting on the previously announced business combination transaction between Sabine Oil & Gas LLC (“Sabine”) and Forest. Forest Oil Corporation (NYSE:FST) belongs to Basic Materials sector. Its…
On Oct. 29, FuelCell Energy Inc. (NASDAQ:FCEL) announced a two stage expansion project to improve manufacturing and logistics efficiencies and position the company for continued global growth. The existing manufacturing facility in Torrington, Connecticut, USA will be expanded in the first stage and production equipment will be added in the second stage. FuelCell Energy Inc….
Amazon.com, Inc. (NASDAQ:AMZN), like most tech companies, is staffed and run mostly by white males. The Seattle company disclosed on Friday in a lengthy page on its website titled “Diversity at Amazon” that its global work force is 63 percent male and 37 percent female. Its managers are 75 percent male and 25 percent female….
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