Business News

Citigroup Seems to Have Gained Confidence In Stagecoach Group, Upgraded The Stock

Citigroup Seems to Have Gained Confidence In Stagecoach Group, Upgraded The Stock

Stagecoach Group Was Upgraded By Citigroup Stagecoach Group (SGC), the firm that provides transportation services was just upgraded by the analysts at the UK’s branch of Citigroup to the solid “Buy” rating in today’s report disclosed to customers. The firm’s analysts currently have a GBX 155.00 target on the stock. […]

Comcast Responds To Critics Of Proposed Merger With Time Warner Cable With Filing (CMCSA)

Comcast Responds To Critics Of Proposed Merger With Time Warner Cable With Filing (CMCSA)

comcastThe proposed merger between Comcast and Time Warner Cable has resulted in a number of critics making public statements opposing the merger. Comcast submitted around 1,000 pages of documents to the Federal Communications Commission detailing how the complaints of many of the critics of the merger were being made out […]

A.I.G. Faced Calls To Split Up (NYSE: AIG)

A.I.G. Faced Calls To Split Up (NYSE: AIG)

In an open letter to American International Group, billionaire investor Carl C. Icahn called on the company to break itself up into several smaller insurers. Icahn is one of Wall Street’s most prominent activist investors and he reportedly owns a large stake in the company. The activist investor believes that […]

Amazon Enlists Top Creative Minds For New Shows (AMZN)

Amazon Enlists Top Creative Minds For New Shows (AMZN)

Amazon has enlisted a number of studio executives and talent to create original content for its Amazon Prime video streaming service. Judith McGrath, the former chief executive of MTV Networks, is on board. Also working on Amazon products is Jill Soloway, an Emmy-nominated director and writer working on the new […]

Hacker Cyber Attack Hits JPMorgan Chase (JPM)

Hacker Cyber Attack Hits JPMorgan Chase (JPM)

JPMorgan Chase has become the victim of a hacker cyber attack that exposed volumes of sensitive customer data. Once the hackers gained access to the banks’ networks, they began accessing customer data, according to several sources briefed on a continuing investigation into the crimes. The compromised information includes checking and […]

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo has released a new product for the holiday season – a collection of figurines in the likeness of some of Nintendo’s most notable characters that will interact with the company’s Wii U console. Nintendo also released the latest installment of the Super Smash Bros. video game, a top-selling franchise […]

Amazon E-Book Price Dispute Spreads To Germany (AMZN)

Amazon E-Book Price Dispute Spreads To Germany (AMZN)

Amazon’s dispute over the pricing of e-books that it purchases from publishers has spread from the United States to Germany. Amazon has been accused of using the same tactics against the Bonnier Group and their associated authors as it used against publishers in the United States, notably the publisher Hachette. […]

Yum Brands Spin Off Chinese Business (NYSE: YUM)

Yum Brands Spin Off Chinese Business (NYSE: YUM)

Yum Brands has announced its intentions to spin off its operations in China into a separate company. The new Chinese company will be based in Shanghai and will be known as Yum China. Chief executive of KFC Micky Pant will head the spun-off company. The separation was completed at the […]