Alcoa (AA) 3Q Earnings Beat Street Estimates, Stock Rises

The earnings of Alcoa (NYSE:AA) for the third quarter outperformed that consensus estimates of Wall Street analysts after reporting a net income of $24 million or $0.11 per share excluding special items. Analysts expected...

North Korea Warns U.S. Of Disastrous Results, Puts Army On Alert

North Korea warned that it will put its military on high alert to launch operations against United States and South Korea, which it believes are sparking hostility. This is not the first time when...

Twitter Assigned A ‘Buy’ Before IPO Launch

Twitter Inc stock was assigned “buy” rating even before it got listed on any exchange. SunTrust Robinson Humphrey analyst Robert Peck said that the price of the stock is expected to rise two folds...

Apple (AAPL) Upgraded to Buy with $600 Price Target by Jefferies

An analyst at Jefferies, a global investment banking firm upgraded his rating for the shares of Apple (NASDAQ:AAPL)  from neutral to buy and raised his price target for the stock from $425 to $600...

Apollo, Cooper Deal Far From Over, Lack Of Consensus On Labor Issues

Apollo Tyres Limited (BOM:500877) acquisition of Cooper Tire & Rubber Co (CTB.N) valued at $2.5 billion is still far from over as the former is miffed over significant and unanticipated cost, which it will...

China, East Asia Growth Estimates Lowered By World Bank

World Bank downgraded the economic growth forecasts of China and other major East Asian countries for fiscal 2013 and 2014, backing the lowered forecasts with reasons like decline in growth rate of china, as...

Jana Partners Acquires 13.5 Percent Stake In Outerwall

Jana Partners, the activist hedge fund headed by Barry Rosentein acquired 3,777,995 or 13.5% stake in Outerwall  (NASDAQ:OUTR), the parent company of Redbox video rental kiosk based on its 13D filing with the Securities...

The Difference between Facebook and Twitter IPO Filing

Twitter recently submitted its initial public offering (IPO) filing with the Securities and Exchange Commission (SEC) indicating its plan to raise $1 billion. The company revealed that it will be trading under the ticker...

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