US News

It comes as not surprise that Nike (NYSE:NKE) is the world’s largest largest athletic clothing and shoe company.  But it was a surprise when company with the Swoop® logo announced a 55% increase in revenue year-on-year for the third quarter ending 28 February 2013. Expectations had been positive for Nike’s third lap in its annual Fiscal Relay, […]

AstraZeneca PLC (NYSE:AZN): The stock is trading up despite the news of layoffs by the company. AstraZeneca announced that it would be slashing its global headcount by 2,300 as part of its restructuring efforts. The company had earlier reported cutting 1,600 research & development positions.

FedEx Corporation (NYSE:FDX): The stock tumbled on the news of its disappointing results. FedEx missed consensus estimates as its ground revenue improved 11 percent for the third quarter. The company’s net income dropped from $521 million to $361 million. On per share basis, the company’s EPS stood at $1.13 per share. FedEx is currently trading […]

Zillow Inc. (NASDAQ:Z): The company touched its new 52 weeks high of $56.73 in the current trading session. Zillow is currently trading at $55.85, up 2.01 percent from its previous close.

U.S based Mergers and Acquisitions have been off to their fastest start in 2013 since 2000. In a market where survival is now reviving, M&A deals are seen as way forward for inorganic growth for companies which have managed to survive the economic downturn and for companies who are looking into concentrating on core businesses. […]

JP Morgan CEO Jamie Dimon has been an outspoken critic of the US Congress’ attempts to more closely regulate Wall Street and the banking industry following the infamous bailouts of 2008.  Apparently Dimon never learned the old axiom “You can’t fight City Hall.”  Either that or he hasn’t thought about applying the principle at the […]

Duke Realty Corporation (NYSE:DRE) – The company operates Real Estate Investment Trust (REIT). It offers leasing property and small asset management, development, construction built to suit and other tenant related services. Its portfolio exceeds 145 million square feet with properties in 18 major markets in U.S.

Technology sector was one of the best performing sectors of 2012 and bullish trend still continues and should for the rest of 2013. After the stock market bubble burst of early last decade, tech companies are now recording all time high earning which has caught their stocks being most undervalued of all the sectors. The […]

Google Inc. (NASDAQ:GOOG): The stock is trading at $823.48, 0.50 percent lower than its previous close. It has traded in the range of $823.02 and $830.69 in the current trading session. Google reported that it has reached settlement with 38 US states with regard to its Street View cars issue.

Beta is a measurement used to analyze a stock’s volatility as against the movements of the market. A stock with beta more than 1 is more volatile than the market whereas a stock with beta less than 1 is less volatile than the market. A high beta stock is picked by investors who are looking […]