16 July, 2014 by The TZ Newswire Staff Comments Off on Microsoft expected to announce thousands of job cuts on Thursday
Microsoft expected to announce thousands of job cuts on Thursday
Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company. What could be the deepest job cuts in the company’s 39-year history come five months into the tenure of Chief Executive Officer Satya Nadella, who outlined plans for a “leaner” business in a public memo to employees last week.
16 July, 2014 by The TZ Newswire Staff Comments Off on Raising My Price Target To $39.42 On Intel
Raising My Price Target To $39.42 On Intel
ByAlex Cho:
Intel (NASDAQ:INTC) took a space ship to the moon this year, as the stock price blew up in Wednesday’s trading. Intel has been notorious for being a value trap, or a place where investors would park their money in return for dividends that could compete with 30-year treasury yields. Nowadays, it looks like Intel is a high-flying technology company, but for good reason.
16 July, 2014 by The TZ Newswire Staff Comments Off on El Paso: Avoid This MLP
El Paso: Avoid This MLP
By Seeking Profits:
El Paso Pipeline Partners (NYSE:EPB) reported quarterly results after the bell on Wednesday, and in keeping with the recent trend, the numbers failed to impress. Thus far this year, EPB units are trading down 1%, and over the past twelve months, units are down a far more dramatic 19.6%. By comparison, the MLP index (AMZ) is up 12% over this time frame.
16 July, 2014 by The TZ Newswire Staff Comments Off on Tesla: Is It Really Panic Time?
Tesla: Is It Really Panic Time?
By Bill Maurer:
About a month ago, I detailed how Tesla Motors (NASDAQ:TSLA) shares were stuck in neutral. At the time, the stock had been flat since breaking below a key moving average. For the second time this year, one of my Tesla articles marked a short-term bottom, as shares spiked higher from $206 to nearly $245.
16 July, 2014 by The TZ Newswire Staff Comments Off on IBM Scores A Win With Apple Deal
IBM Scores A Win With Apple Deal
By Bill Maurer:
Tuesday afternoon, it was announced that IBM (NYSE:IBM) and Apple (NASDAQ:AAPL) had agreed to an enterprise mobility partnership.
16 July, 2014 by The TZ Newswire Staff Comments Off on Kinder Morgan: Wait For A Pullback
Kinder Morgan: Wait For A Pullback
By Seeking Profits:
After the bell on Wednesday, Kinder Morgan Inc (NYSE:KMI) reported quarterly earnings that missed expectations, but management did decide to increase the quarterly dividend. With this push and pull from weak results but a higher dividend, some investors decided to take profits with shares trading off by about 0.5% in the after-hours session.