General Motors Records Best December Sales In Five Years

General Motors Company (NYSE:GM)'s December sales edged up 4.9 percent, beating Chrysler to mark its best December sales in the past five years. General Motor’s iconic Cadillac was up overall 12.2 percent, a gain that was fuelled by new entrants XTS and ATS. Another notable winner was Buick, which [...]

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Citadel Advisers Ups Navistar Stake To 5.4 Percent

Citadel Advisers LLC have bought additional shares in Navistar International Corp (NYSE:NAV), bringing its stake to 5.4 percent, according to latest SEC Form 13D filing. Kenneth Griffin's Citadel Advisers has put in a huge stake, in a company that, Activist Investor Carl Icahn, owns 15 percent of shares outstanding. According [...]

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Barnes & Noble, Inc. (BKS) Reports Weak Holiday Sales

Barnes & Noble, Inc. (NYSE:BKS) entered the holiday season with high expectations for its Nook devices and online sales, but it turned out the season wasn't as festive as they desired. In a press release by the company on Thursday reporting figures for the nine-week holiday period ending on Dec. [...]

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Starbucks To Open First Vietnam Café In Ho Chi Minh

Starbucks Corporation (NASDAQ:SBUX) will open its first Vietnam café in Ho Chi Minh City early next month. The company said on Thursday that it intends to spread its brand of coffee shops across Asia. The Seattle-based chain is hoping to enter the Vietnamese coffee market, which already has a number [...]

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Morning Market News: AMD, MLNX, BWLD, SWY, GPS, BIIB, CIT, LTD, QRE

Morning Market Update   Stocks that are expected to trade actively in U.S. markets on Thursday include: Advanced Micro Devices, Inc. (NYSE:AMD), Mellanox Technologies, Ltd. (NASDAQ:MLNX), Buffalo Wild Wings (NASDAQ:BWLD), Safeway Inc. (NYSE:SWY), The Gap Inc. (NYSE:GPS), Biogen Idec Inc. (NASDAQ:BIIB), CIT Group Inc. (NYSE:CIT), Flagstar Bancorp Inc (NYSE:FBC), Limited [...]

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Post Market News: BA, SGYP, BRK.A, BRK.B, ABT, AQN, CVC, MHR, EBS, LPH

  Post Market News Stocks that were in focus in U.S. trading on Wednesday include: The Boeing Company (NYSE:BA), Synergy Pharmaceuticals Inc (NASDAQ:SGYP), Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B), SunPower Corporation (NASDAQ:SPWR), Abbott Laboratories (NYSE:ABT), AbbVie Inc. (NYSE:ABBV*), Algonquin Power & Utilities Corp (TSE:AQN), Cablevision Systems Corporation (NYSE:CVC), Viacom, Inc. (NASDAQ:VIAB), AirMedia [...]

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Innovative Designs: Should Value Investors Avoid This Micro-cap?

Introduction Innovative Designs Inc (PINK:IVDN) was founded in 2002 and is headquartered in Pittsburgh, Pennsylvania. It is a development stage company, dealing in products for the recreation industry, which are made from eliotex; a thin, lightweight material that has bouyancy and thermal resistant characteristics. Designs, Inc. primarily sells its products [...]

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Imation Acquires Nexsan In A $120 Million Deal

Imation Corp. (NYSE:IMN), a storage and data security giant, has acquired California-based-data-storage provider Nexsan, for about $120 million, with $105 million cash and the remainder in stock, making this the first acquisition of the enterprise storage for the new year. This acquisition deal by the data security giant has been [...]

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Tiffany Extends Agreement With Elsa Peretti

Tiffany & Co. (NYSE:TIF) will continue its long-term relationship with jewelry designer Elsa Peretti, according to a Securities and Exchange filing reported by Forbes. The 20-year agreement, finalized on Dec. 27, 2012, has Tiffany & Co. (NYSE:TIF) as the sole sales outlet for Perretti's jewelry. The two have been working together since 1974, [...]

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Avis Acquiring Zipcar In A $500M Deal

Avis Budget Group Inc. (NASDAQ:CAR) is set to acquire car-sharing company, Zipcar Inc (NASDAQ:ZIP), as a fully owned subsidiary in a deal estimated at nearly $500 million. The company plans to add car-sharing to its traditional car rental business. The car rental company Avis, will be joining rivals Hertz [...]

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Morning Market News: HP, Zynga, Zipcar, ArcelorMittal, Berkshire, Wynn

  Morning Market Update   Stocks that are expected to trade actively in U.S. markets on Wednesday include: Hewlett-Packard Company (NYSE:HPQ), Zynga Inc (NASDAQ:ZNGA), Zipcar Inc (NASDAQ:ZIP), Avis Budget Group Inc. (NASDAQ:CAR), ArcelorMittal (ADR) (NYSE:MT), Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B), Wynn Resorts, Limited (NASDAQ:WYNN), Las Vegas Sands Corp. (NYSE:LVS), MGM Resorts [...]

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