Business

EMC Corporation (NYSE:EMC) shares gaining significant returns

The well known firm had managed to achieve better than its main rivals in the business with an augmentation in earnings per share of 10 per cent as against the last year, whilst Hewlett Packard had registered pessimistic 32 per cent drop in earnings and IBM had recorded just 1 per cent growth in income.

Business

Corning Incorporated (NYSE:GLW) Is A Strong Buy

Outcomes for Q2 2013 For the financial outcomes of the second quarterly period of the existing year, the glass manufacturer had registered an augmentation of 4 per cent in the net sale figures of its products as compared to the same period of 2012 and had reported grosses to be at $1.98 billion that was in proportion to the consensus estimations of market experts.

Business

Cisco Systems, Inc. (NASDAQ:CSCO) plans for a cut of 5% in the present workforce

The CEO had commented that the company is presently moving to realign its resources to those areas and markets where it sees higher opportunities for growth. Cisco Systems, Inc. (NASDAQ:CSCO) had moved up on Tuesday in the markets to make gains of around 0.21% in share prices and had thereby closed at $24.32 per share.

Business

Intel Corporation (NASDAQ:INTC) To Focus More On Chips For Big Data

In terms of chip design software has gained significant position and its customization will now assist the applications to gather, manage and analyze data much faster. The Shares in the Corporation were on a rise after the outlook of the firm got upgraded. The report stated that improvement in Intel’s mobile processors has been a catalyst.

Business

Microsoft Corporation (NASDAQ:MSFT) fails to live up its expectation

Many critics have criticized the company as it has scraped the plan to launch its most awaited gaming console Xbox One. It was supposed to be launched in eight countries. Since the PS to be launched by Sony has much more features, the price of the game console will also be more. Price factor may be a positive factor for the Microsoft to market its product in the market.

Business

Advanced Micro Devices, Inc. (NYSE:AMD)’s traders are betting for potential short term gain

The players in the option markets had continued to trade with bullish bets on this stock and there had been observed trades on around 21000 calls on the stock. Traders may make certain decisions on this stock to cash in their returns in the near future. Advanced Micro Devices, Inc. (NYSE:AMD) had on Tuesday reported a closing price of $3.63 per share, which was measured to have presented a gain of 0.83% over the previous close.


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