Apple Watch Reviews And A Decline In Sales

Most analysts agree Apple has created a wonderful product in the Apple Watch, but it is not essential to our lives. Apple Watch was possibly the hottest tech product when it was launched, and was slated to become the next great innovative product introduced by the tech giant, Apple Inc. (NASDAQ:AAPL). However, a recent report … Read more

BP Plc Is facing a Trilemma

Merrill Lynch has downgraded BP to an Underperform rating, and price target has been reduced to 330p on the basis of three important considerations Merrill Lynch has downgraded BP plc (ADR) (LON:BP) to an Underperform rating. Big oil is facing a three-legged “trilemma” in accordance with the need to maintain dividend, credit rating and its reserve basis. … Read more

Macy’s, Inc. Earnings: Here’s What Went Wrong

Macy’s stock crashed on company’s weaker than expected earnings and disappointing full year guidance On Wednesday, Macy’s, Inc. (NYSE:M) stock tumbled 14% to $40.84, after the company released its third-quarter earnings. It made a record for biggest single day decline since February 2009. The entity failed to meet earnings estimates due to reduction in expenditures by customers … Read more

Oracle Corporation: After Such An Outlook, Where Can It Go?

Can the company’s substantial growth in cloud-computing be big enough to drive it forward? Oracle Corporation (NYSE:ORCL) announced the second-quarter earnings results for fiscal 2016 (2QFY16) after the market closed last night. The enterprise disclosed dry revenues for the recent quarter. The strength of dollar was one factor that negatively impacted the revenue. The company … Read more

Morgan Stanley: Why is the CEO Optimistic?

Brexit, China, or volatile market; Chief shows the brighter side of investors First-quarter earnings were bleak for the financial sector as a range of factors have impacted the profitability and revenues. Many analysts are not optimistic for rest of the year due to a poor start followed by a series of events that can deter … Read more

General Motors Imitates Tesla Motors; Launches Pre-Owned Platform

General Motors Announced To Launch A Pre-owned Vehicle Online Platform, Making It Easier For Customers To Purchase Its Used Vehicles Used vehicle market is gradually growing around the world, particularly in the US. Thus, the US automakers have started to realize its significance and following the industry disruptor – Tesla Motors Inc. (NASDAQ:TSLA). GM Launches … Read more