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Mind4: Android powered drone with artificial intelligence

New York City, New York – (StockNewsDesk) – 11/13/2014 — At the age of advanced technology, we are about to experience an Android operated drone. It is the first of its kind. The drone is being named Mind4, and it uses a computer vision

Banks Fined $3.4 Billion on Fraud Charges

New York City, New York – (StockNewsDesk) – 11/12/2014 — Major indices, S&P 500 and Dow Jones are of all-time highs as investors turned sceptical towards banks. The German Stock Exchange, DAX, fell as much as 1.7% post such announc

D.R. Horton’s Revenue Beats but EPS Misses, Marginally

New York City, New York – (StockNewsDesk) – 11/11/2014 — One of the largest homebuilders of US, D.R. Horton Incorporation posted fourth quarter and full-year earnings results. For the fourth quarter, the company posted earnings per shar

Payroll Data Disappoint, Salix Tanks Over despite CFO’s Resignation

New York City, New York – (StockNewsDesk) – 11/07/2014 — Wall Street saw some profit booking as October’s payroll data came in below expectations, however, it was slightly offset by the unemployment rate. This month, there is evidenc

Cognizant, Chrysler Beat Expectations

New York City, New York – (StockNewsDesk) – 11/05/2014 — IT major Cognizant posted third-quarter earnings that beat expectations while Chrysler’s performance also impressed investors. Cognizant’s revenue grew on the back of new bus

US, Eurozone Offer Mixed to Weak Numbers

New York City, New York – (StockNewsDesk) – 11/03/2014 — US markets started trading in a wide range after the major indices hit an all-time high. Several mixed economic indicators have also been reported. European markets saw lower tha

It’s party time on Wall Street but Argentina in Problem

New York City, New York – (StockNewsDesk) – 10/31/2014 — International markets were at an all-time high as Japanese lawmakers made an unexpected announcement of infusing fresh money into the financial system. This was a surprise becaus

Markets Trade in Range, Movements Stock Specific

New York City, New York – (StockNewsDesk) – 10/29/2014 — Today’s market is trading within a narrow range as investors are waiting for the Fed Statement due in a couple of hours. Two of the Dow’s components have reported earnings in

Draghi Steps on Bond-Buying; Crude Oil Falls on Forecasts

New York City, New York – (StockNewsDesk) – 10/27/2014 — European and US stock markets are trading below the expectation as the crude oil prices slumped over 1% during the pre-sessions. Additionally, growth in the service sector and ho

Ebola Gives Scare; UK Growth Slows, Focus on US Data

New York City, New York – (StockNewsDesk) – 10/24/2014 — Investors have become cautious as the first case of Ebola appeared in New York City. S&P 500 Futures and DAX have been trading marginally in the red. This also had a mild neg

Earnings Continue to Dominate US Markets

New York City, New York – (StockNewsDesk) – 10/23/2014 — The S&P 500 was having its best day since 2011 when a correction came along and spoiled the 4-day rally. Broader indices increased by more than 4.5% in the past four sessions

Was that It for the Correction?

New York City, New York – (StockNewsDesk) – 10/19/2014 — Global investors were rocked by a violent stock market correction that saw the broad S&P 500 fall 9.9% from a peak to a low. The index hit an all-time high of 2019 on Septemb

Economic Data, Upbeat Earnings Shrug off Investors’ Nervousness

New York City, New York – (StockNewsDesk) – 10/17/2014 — The US markets bolstered gains after the nation’s major economic indicators, such as Housing Starts, Building Permits and Michigan Consumer Sentiment, came in above the Street


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