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Gannett Purchases Remaining Stake of Cars.com for $1.8 Billion

Gannett Purchases Remaining Stake of Cars.com for $1.8 Billion

New York City, New York – (StockNewsDesk) – 08/06/2014 — USA Today publisher Gannett, has purchased the remaining 73% stake in Cars.com, as it moves to diversify its business into high growth areas. The deal values Cars.com at $2.5 bil

Posted On 06 Aug 2014 , by

Wal-Mart is gearing up to take away Amazon’s Market Share

Wal-Mart is gearing up to take away Amazon’s Market Share

New York City, New York – (StockNewsDesk) – 08/05/2014 —The e-commerce battle is heating up as Wal-Mart rebuilds its website in an attempt to personalize the online shopping experience of each customer. The move comes at a time when Wal

Posted On 05 Aug 2014 , by

Judge orders Bank of America to pay up for Countrywide’s Hustle

Judge orders Bank of America to pay up for Countrywide’s Hustle

New York City, New York – (StockNewsDesk) – 08/03/2014 — Bank of America has been ordered to pay approximately $1.3 billion in penalties for mortgage fraud committed by Countrywide, a company that it bought after the financial crisis,

Posted On 03 Aug 2014 , by

Tesla and Panasonic team up to slash battery costs by 30%

Tesla and Panasonic team up to slash battery costs by 30%

New York City, New York – (StockNewsDesk) – 08/03/2014 — On Thursday, Tesla announced that it would be collaborating with Panasonic to build a large-scale battery plant in the United States. The plant will be aided by an associated sup

Posted On 03 Aug 2014 , by

Amazon Lays Down Marker – $9.99 Ebooks – in Vicious Dispute with Hachette

Amazon Lays Down Marker – $9.99 Ebooks – in Vicious Dispute with Hachette

New York City, New York – (StockNewsDesk) – 08/01/2014 — The contentious and public negotiation between Amazon and Hachette continues on as both companies dig in their heels. What started as a simple disagreement has morphed into an ex

Posted On 01 Aug 2014 , by

AstraZeneca Partners with Roche, Qiagen for Diagnostic Cancer Tests

AstraZeneca Partners with Roche, Qiagen for Diagnostic Cancer Tests

Eldon, Missouri – (StockNewsDesk) – 07/29/2014 — AstraZeneca has signed separate agreements with Roche and Qiagen for the development of blood based tests to detect tumors. The London-Swedish pharmaceutical giant has successfully worke

Posted On 29 Jul 2014 , by

Murdoch’s Obsession: Sky Italia and Deutschland sold for an imminent Time Warner bid

Murdoch’s Obsession: Sky Italia and Deutschland sold for an imminent Time Warner bid

Houston, TX – (StockNewsDesk) – 07/29/2014 — It seems as if Rupert Murdoch’s quest to acquire the Time Warner Company knows no bounds. The billionaire signed off on an agreement to sell its pay TV businesses in Italy and Germany, i.e

Posted On 29 Jul 2014 , by

New US CEO for WalMart – Gregory Foran

New US CEO for WalMart – Gregory Foran

New York City, New York – (StockNewsDesk) – 07/27/2014 —The world’s largest retailer finds itself struggling with declining sales growth over the last five quarters. WalMart has under performed and not benefited from the improvement i

Posted On 27 Jul 2014 , by

Google’s Purchase of Twitch A Strategic Step into the Future of Gaming and More

Google’s Purchase of Twitch A Strategic Step into the Future of Gaming and More

NY CITY, – (StockNewsDesk) – 07/26/2014 — Google has finalized its purchase of Twitch, a website to watch live streaming of people playing video games. The deal has been rumored for months and looks to be finalized around $1 billion.

Posted On 26 Jul 2014 , by

New MAC Operation System Yosemite Available for Public Beta, Thursday

New MAC Operation System Yosemite Available for Public Beta, Thursday

New York City, New York – (StockNewsDesk) – 07/25/2014 — Apple is releasing a public beta version of its new operating system on Thursday, July 24, for anyone to try out. Some of the new features of Yosemite include a sleeker look with

Posted On 25 Jul 2014 , by

Netflix Earnings: Revenue Beats Expectations and Subscriber Milestone Reached

Netflix Earnings: Revenue Beats Expectations and Subscriber Milestone Reached

New York City, New York – (StockNewsDesk) – 07/22/2014 — Netflix’s recent earnings announcement was further confirmation that the company has fully recovered from its missteps in 2011. The company reported $1.34 billion in second qua

Posted On 22 Jul 2014 , by

Nimble and Agile: Microsoft sheds 18,000 employees

Nimble and Agile: Microsoft sheds 18,000 employees

New York City, New York- (StockNewsDesk) – 07/18/2014 — The computer software giant Microsoft announced on Thursday that the company will be laying off roughly 18,000 employees in a massive bid to restructure and change the company’s work

Posted On 18 Jul 2014 , by

HP CEO Meg Whitman Adds Another Role as Board Chairman

HP CEO Meg Whitman Adds Another Role as Board Chairman

New York City, New York – (StockNewsDesk) – 07/18/2014 — Meg Whitman’s clout within HP continues to grow as she was named as the replacement of Ralph Whitworth as Hewlett-Packard’s Chairman of the Board of Directors. Her influence in

Posted On 18 Jul 2014 , by

Reynolds in talks to acquire Lorillard in the merger of Tobacco rivals

Reynolds in talks to acquire Lorillard in the merger of Tobacco rivals

Houston, TX – (StockNewsDesk) – 07/17/2014 — Two of America’s largest cigarettes producing companies are expected to merge in order to provide stiffer competition to the market leader Altria Group, as was announced on Tuesday. Reyn

Posted On 17 Jul 2014 , by

Apple, IBM form Strategic Partnership

Apple, IBM form Strategic Partnership

New York City, New York – (StockNewsDesk) – 07/17/2014 — Two of the most influential technology companies over the past few decades came together to announce a landmark strategic partnership that will have IBM selling Apple iPhone and iP

Posted On 17 Jul 2014 , by

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