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Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo has released a new product for the holiday season – a collection of figurines in the likeness of some of Nintendo’s most notable characters that will interact with the company’s Wii U console. Nintendo also released the latest installment of the Super Smash Bros. video game, a top-selling franchise for the company. The Amiibo […]

JetBlue Announces Plan To Start Charging For Checked Bags (JBLU)

One of the things that distinguished JetBlue from its competitors will soon be disappearing for some of the airline’s customers – free checked baggage. Many JetBlue loyalists became that way because of the roomier seating and the relative absence of nuisance fees added to the cost of their flights. After planned changes have taken effect, […]

Qualcomm Predicts Double Digit Revenue Growth In Future

In a conversation with investors and analysts during an analyst meeting at the Grand Hyatt in New York, Qualcomm predicted that its revenue and profit growth rates for the next five years could reach into the double digits, underscoring its dominant position in the tech industry. The company predicted that its five-year compound annual growth […]

EasyJet Announces Profit Increase For The Year (EZJ)

EasyJet has announced that its profits increased this fiscal year over the reported earnings of last year. The company reported that its net profit for the year totaled £450 million, or about $705 million, an increase of 13 percent over the year earlier. Pretax profit rose to £581 million, an increase of 21.5 percent, while […]

Amazon Plans To Increase Clout In Cloud Computing Industry (AMZN)

Amazon is one of the largest retailers in the world, selling everything from books and smartphones to auto parts and food. Now, the company also wants to become one of the world’s largest technology companies too, by also offering tech services and processes to business customers. The company’s ultimate goal is to be able to […]

SAP To Pay Oracle $359M To End Copyright Case (SAP) (ORCL)

SAP has reportedly agreed to pay Oracle $359 million to resolve a copyright case that has been dragging on for seven years. SAP is currently the world’s largest supplier of back-office business-management software. The settlement proposal was filed in the U.S. District Court for the Northern District of California, Oakland division. Shares of Oracle rose […]

Wal-Mart Announces Third Quarter Sales Increase (WMT)

Wal-Mart Stores announced that its comparable-store sales rose in the third quarter of the company’s fiscal year. Same store sales for stores open for more than a year reportedly increased by 0.5 percent. The sales increase was the first such increase in the past two years. Wal-Mart’s international net sales increased by 1.7 percent, rising […]

Yahoo Announces $640 Million Purchase Of BrightRoll (YHOO)

Yahoo has announced that the rumored purchase of BrightRoll is a reality, with the company paying roughly $640 million in cash for its new acquisition. Last month, TechCrunch reported that the two companies were in negotiations for a deal. The acquisition is expected to be finished by the end of the first quarter of 2015. […]

Production Of New Ford F-150 Begins In Michigan (NYSE:F)

The Ford Motor Company has begun production of its new aluminum-sided 2015 F-150 at its Dearborn Truck Plant in Dearborn, Michigan. This is the first time aluminum has been used to cover the entire body of a popular, mass produced automobile. Before beginning mass production of the vehicle, the new F-150 went through 10 million […]

American Airline Attendants Reject New Contract (AAL)

Flight attendants employed by American Airlines Group have voted to reject the new contract offered to them by the company. The five-year contract was narrowly defeated, according to the Association of Professional Flight Attendants. American Airlines recently merged with US Airways to create American Airlines Group, while still operating as two largely separate carriers. The […]

Bank Of America To Take $400 Million Legal Charge For The Third Quarter (NYSE:BAC)

Bank of America has announced that the bank will be taking a $400 charge for legal expenses in the quarter in order to boost the amount available as the bank continues to deal with an inquiry into the bank’s suspected manipulation of the currency market. The charge significantly impacts the earnings reported a few weeks […]

Microsoft Giving Away Free Versions Of Office For Mobile Devices (MSFT)

Microsoft has announced that the new mobile edition of Office for iPads, iPhones and Android tablets would be a free download for the people that wanted it. The suite of applications includes Word, Excel and PowerPoint. There will be little difference between the mobile version of the software and the traditional computer version, as the […]