Moody’s Investors Service recently revealed that Apple Inc., the most valuable business on the planet, collected $1.24 trillion in cash in 2011. This figure sets Apple ahead of most U.S. companies as concerns of a recession and credit crisis slowly begin to disperse. Moody’s analysts added that though revenue and cash flow have been increasing… Continue Reading
Listen to Tracy Byrnes of Fox News interview Anani Lawson, expert sommelier of Per Se restaurant, discuss the new trend towards half-bottles of high-quality wines. Watch the latest video at video.foxbusiness.com Continue Reading
Corbis, privately held by Bill Gates, is hoping to broaden its reach in the entertainment industry by launching an online music service featuring songs from the top four publishers. Corbis has provided images and videos for advertisers across the globe. The new service, called Greenlight Music, has over a million songs from Warner Music, EMI… Continue Reading
In the decade since 2001 Infosys Technologies was ranked in either first or second place seven out of ten times as being among the top employers in India. What makes Infosys Technologies so special? According to the survey conducted by Business Today, the most important factors for workers are a company’s compensation and benefits packages;… Continue Reading
So why is it so great to work for Google anyway? For one thing, they make sure that their employees are happy with a capital ‘H.’ Out in Silicon Valley in Northern California Google employs about 32,000 people, working on projects as diverse as cell phone software to search algorithms. “People have a tendency in… Continue Reading
Americans will spend money despite the hesitant economic recovery as long as they believe they are buying at the lowest prices, according to Wal-Mart Stores Inc., the U.S.-based multinational retailer. The department store chain discovered the nation-wide habit by guaranteeing the lowest prices in the market throughout this year’s holiday season. Last year’s fourth quarter… Continue Reading
Last year Zappos.com was ranked number 15 on the CNNMoney list of 100 best companies to work for. This year the online shoe retailer jumped up to 6th place. Zappos.com is now a part of the giant family which dwells under the all-embracing cyber-roof of Amazon.com. Nevertheless, the adoption has not tarnished the happy corporate… Continue Reading
Retalix Ltd. (RTLX) is a company whose stock has gone from $12.35 to $18.39 in less than five months. Analysts at both JMP securities (December 2nd) and at Rodman and Renshaw (on January 24, 2012) have rated this stock “market outperform.” Retalix provides software solutions and services to the most sophisticated retailer businesses. On January… Continue Reading
Yesterday Motorola Solutions, Inc. announced that it will increase its stock repurchase program from $2 billion worth of stock to $3 billion. This initiative began in July, 2011 and since then $1.1 billion of stock had been repurchased by December 31, 2011. There remains $1.9 billion of stock repurchase from the 2012 repurchase budget. The… Continue Reading
Given imaging Ltd. (GIVN) is a stock that over the last 2 years has fluctuated between $14 and $22. The stock is currently on its way up from its low of 14.25 on September 19, 2011. On January 26 the stock closed at $18.56. The stock is trading $1.32 over its 50 day exponential moving… Continue Reading