Trader’s Pick : Advanced Micro Devices, Inc. (NYSE:AMD), Cisco Systems, Inc. (NASDAQ:CSCO), ReneSola Ltd. (NYSE:SOL), Honda Motor (NYSE:HMC), Brightcove, Inc. (NASDAQ:BCOV)
Advanced Micro Devices, Inc. (NYSE:AMD) announces that its pending offer to exchange all of its outstanding 6.75% Senior Notes due 2019 and 7.00% Senior Notes due 2024, which were issued in private placements for an equal principal amount of new 6.75% Senior Notes due 2019 and 7.00% Senior Notes due 2024. Advanced Micro Devices, Inc. (NYSE:AMD) belongs to Technology sector. Its net profit margin is … Continue reading Trader’s Pick : Advanced Micro Devices, Inc. (NYSE:AMD), Cisco Systems, Inc. (NASDAQ:CSCO), ReneSola Ltd. (NYSE:SOL), Honda Motor (NYSE:HMC), Brightcove, Inc. (NASDAQ:BCOV)
Morning Buzz: Amazon.com, Inc. (NASDAQ:AMZN), JDS Uniphase Corporation (NASDAQ:JDSU), The Female Health Company (NASDAQ:FHCO), Energous Corporation (NASDAQ:WATT), Riverbed Technology, Inc. (NASDAQ:RVBD)
Riverbed Technology (RVBD) announced a new Amazon (AMZN) Machine Image of the Riverbed SteelApp Web App Firewall. Co also announced the availability of a free version of Riverbed SteelStore virtual edition for Amazon Web Services and 6 months of Amazon Simple Storage Service (at up to 8TB per month capacity, for select customers who sign up between Sept. 9 and Oct. 9, 2014. Amazon.com, Inc. … Continue reading Morning Buzz: Amazon.com, Inc. (NASDAQ:AMZN), JDS Uniphase Corporation (NASDAQ:JDSU), The Female Health Company (NASDAQ:FHCO), Energous Corporation (NASDAQ:WATT), Riverbed Technology, Inc. (NASDAQ:RVBD)
News Buzz : First Citizens Banc Corp. (NASDAQ:FCZA), Brookline Bancorp (NASDAQ:BRKL), Progressive Corp. (NYSE:PGR), Quest Rare Minerals (NYSEMKT:QRM), AK Steel Holding (NYSE:AKS)
First Citizens (thinly traded) to acquire TCNB Financial for $23.50 in cash for each outstanding share of TCNB common stock for total cash consideration of ~ $17.2 mln; acquisition to be accretive to earnings in 2015 and have a tangible book value earn-back of ~ 3.5 years. Cos announced that they have signed a definitive agreement and plan of merger which provides for First Citizens … Continue reading News Buzz : First Citizens Banc Corp. (NASDAQ:FCZA), Brookline Bancorp (NASDAQ:BRKL), Progressive Corp. (NYSE:PGR), Quest Rare Minerals (NYSEMKT:QRM), AK Steel Holding (NYSE:AKS)
Trader’s Watch List: Tower Semiconductor Ltd. (NASDAQ:TSEM), Apple Inc. (NASDAQ:AAPL), Sigma Designs, Inc. (NASDAQ:SIGM), Rovi Corporation (NASDAQ:ROVI), Acacia Research Corporation (NASDAQ:ACTG)
Tower Semiconductor Ltd. (NASDAQ:TSEM) has enhanced its customer support program through a partnership with Etesian Semiconductor, a provider of ’boutique’ foundry program management services for high complexity products with low to medium volume production. Tower Semiconductor Ltd. (NASDAQ:TSEM) belongs to Technology sector. Its net profit margin is -8.70% and weekly performance is -1.11%. On last trading day company shares ended up $11.53. Tower Semiconductor Ltd. … Continue reading Trader’s Watch List: Tower Semiconductor Ltd. (NASDAQ:TSEM), Apple Inc. (NASDAQ:AAPL), Sigma Designs, Inc. (NASDAQ:SIGM), Rovi Corporation (NASDAQ:ROVI), Acacia Research Corporation (NASDAQ:ACTG)
Biotech Stock Abbvie can only Rise : here is why
In order to boost its pipeline, AbbVie Inc (ABBV) inked a collaboration agreement with Infinity Pharmaceuticals (INFI) to develop and commercialize the latter’s oncology candidate duvelisib (IPI-145). Infinity Pharma’s shares jumped over 44% following the announcement. AbbVie will be making an upfront payment of $275 million to Infinity Pharma to jointly commercialize duvelisib in the U.S. and will share the potential profits or losses equally. … Continue reading Biotech Stock Abbvie can only Rise : here is why
The amazing Sir Richard Branson Says “Bitcoins are Working”
Sir Richard Branson has revealed further support for bitcoin as a functional, albeit volatile, currency. Asked in an interview with Bloomberg News whether the cryptocurrency will eventually work, the Virgin Group billionaire said that bitcoin is already working.
While Branson admitted that bitcoin remains volatile, he added that this is not necessarily a bad thing. “It is quite volatile, but in volatility people can make money,” he said. “I think it is working. There will be other currencies like it that may be even better, but in the meantime there’s a big industry around bitcoin. You know, people have made fortunes out of bitcoin, some people have lost money out of bitcoin.”
The entrepreneur also reflected on Virgin Galactic’s decision to start accepting bitcoin payments last November: “I am not foolish, if people have got lots of bitcoins and they want to go to space, I would much rather they spend that money on our spaceship […] a Virgin Galactic spaceship than on, you know […] Elon [Musk] will be sending people to space one day on Elon’s spaceships, so we’ll grab the money while it’s there.”
News on Bitcoins
Virgin Galactic has been testing much of its hardware in recent months, but Branson admits building the infrastructure for commercial spaceflights has been hard. He told Bloomberg that Virgin’s rockets are still undergoing flight tests, but the rest of the infrastructure is already ready.
“Early next year we will finally be up and away,” said Branson. Virgin’s goal is to fly tourists to space in suborbital flights, using its SpaceShipTwo craft. In addition to Virgin Galactic’s decision to accept bitcoin payments, Branson has also made his mark in the wider bitcoin industry by investing in BitPay.
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