Investing and Global Finance News

Category Archives: Company Focus

GM to Open Four New Technology Centers

General Motors has been expanding its staff throughout the U.S. Its project continues with their latest announcement, revealing plans to hire up to 1,500 workers for a computer technology center in Michigan, north of Detroit. According to Boston.com, “it is part of a move to bring 90% of information technology in-house, which GM believes will… Continue Reading

Facebook’s Zuckerburg to Hold Onto Stocks for 12 Months

A recent announcement by Facebook has alleviated some of the company’s after-hours trading pressure; CEO Mark Zuckerburg will be withholding all stock sales in the company for at least a year. Boston.com explains that “investors have been concerned with the expiration of lockup periods that allow insiders to sell stock in Facebook. If a lot… Continue Reading

Heinz Reports Quarterly Results

The H.J. Heinz Company recently held its annual shareholder meeting. William R. Johnson, the company chairman, president and CEO, announced that the business plans to report “strong first-quarter results.” According to BusinessWeek, these include: Organic sales growth (volume plus price) of almost 5%, marking the Company’s 29th consecutive quarter of organic top-line growth; Net income… Continue Reading

IBM’s “Watson” Heading to a Phone Near You

After four years of development and a sensational successful run on the TV quiz show “Jeopardy!” IBM’s answer to Apple’s Siri is ready for the next step: placement inside consumer’s pockets. Vice president of innovation at IBM, Bernie Meyerson, says that he sees Watson as a voice-activated electronic personal assistant which can answer questions in… Continue Reading

United Realty Partners

Together, Jacob Frydman and Mr. Eli Verschleiser created United Realty Partners, a privately held real estate investment and advisory firm. Jacob Frydman undertook his first real estate investment in high school in New Jersey. Since that time, he has received his B.S. in Finance from Boston University and a J.D. from Case Western Reserve University… Continue Reading

Brazilian Firm Edra Equipamentos Develops Green ATMs

‘Green’ technology and eco-friendly solutions are becoming more popular among small businesses, as they are cheaper, more easily managed and environmentally conscious. Edra Equipamentos, a Brazilian firm, is currently in the process of developing green ATM booths, which will be built from recycled materials and powered by solar panels. The company claims the ATMs are… Continue Reading

Successful Team Building: The Bill & Melinda Gates Foundation

In a recent article for Life Science Leader, Rob Wright shared some insights following a meeting with Kim Bush, a Bill & Melinda Gates Foundation representative. “Personally, I have been very impressed with how the foundation has turned the ailing pharma R&D program upside down, spearheading innovative projects that most pharma and bio companies would… Continue Reading