Stocks

Stocks

AMR Pursues Legal Consent for Merger

American Airlines, a subsidiary of AMR Corporation is seeking approval from a U.S. bankruptcy court for its legal settlement with Department of Justice (DOJ) that will allow it to merge with US Airways Group Inc.(LCC). The carrier has argued that none […]

Photo by Norway UN (New York), Flickr
Stocks

YPF Deal, SRPT Upgrade Mark Solid Day for Soros

Today’s midday gainers are Workday Inc (NYSE:WDAY), YPF SA (NYSE:YPF), Sarepta Therapeutics Inc (NASDAQ:SRPT) and midday losers are Nuance Communications Inc. (NASDAQ:NUAN), OGE Energy Corp. (NYSE:OGE), Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Soros gets a double boost with YPF and Sarepta Today’s midday […]

Stocks

Wal-Mart Stores, Inc. (WMT) Names New CEO

Retail giant Wal-Mart Stores, Inc. (WMT –Analyst Report) recently announced the appointment of Doug McMillon as its new chief executive officer (CEO). McMillon, currently serving as the head of Walmart International division, will succeed president and CEO Mike Duke, after he steps down […]

Qualcomm, Inc. (QCOM) Faces Chinese Probe
Stocks

Qualcomm, Inc. (QCOM) Faces Chinese Probe

Qualcomm Inc. (QCOM – Analyst Report), the largest manufacturer of mobile chipsets, declared that the company is facing an anti-monopoly investigation by the National Development and Reform Commission (NDRC), the regulatory authority of China. The company stated that it isn’t […]