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  • Constantinos Philippides

    Following last week’s news of OCZ’s bankruptcy filing, it’s now official that Toshiba is acquiring OCZ’s assets for $35 million cash. The agreement includes all of OCZ’s client and consumer SSD business (controller IP, firmware, software and employees) and the acquisition is expected to be completed within the next 60 days. Unfortunately there is no

  • David Becker

    Salesforce.com (NYSE:CRM) reported a robust quarter, with revenues crossing the billion-dollar milestone for the first time ever. Third quarter revenues grew 36% year over year to $1.08 billion, ahead of the market’s projections of $1.06. Revenue growth was attributed to the acquisition of ExactTarget. The stock is a candidate for further upside, as investors look

  • Sergiy Zlyvko
    Currency » 11 December Forex daily review
    Sergiy Zlyvko - December 12, 2013, 07:03 GMT

    On Wednesday, the U.S. dollar closed up against the British pound and Australian dollar, as well as decreased against the euro and the Swiss franc. British pound on aggressive sales and Aussie around the market much lay down the basic pairs GBPUSD and AUDUSD. The euro/dollar after trading at 1.3810 tested 1.3795. Pound/dollar after falling

  • David Becker
    Business » Green Mountain Poised for a Rebound
    David Becker - December 11, 2013, 14:37 GMT

    Green Mountain is the maker of Keurig-brand single cup coffees and the company posted higher-than-expected profit for the third quarter. Sales of Green Mountain’s K-Cups and single-cup brewers rose during the quarter, bringing in a profit of $0.89 per share for the quarter when analysts had expected the figure to be around $0.75. The 52-week

  • Sergiy Zlyvko
    Currency » 10 December Forex daily review
    Sergiy Zlyvko - December 11, 2013, 08:16 GMT

    On Tuesday, closer to the close of trading in Europe, the euro/dollar crept close to 1.38, where profit started. A British pound came under pressure from the cross rates, and did not update the Asian maximum 1.6465. Risk appetite gradually fades away, which negatively affects the growth of major currencies against the U.S. dollar. Local

  • Facebook Inc (FB) Vs. Intel Corporation (INTC): Which Would You Buy ?

    Like to root for the underdog? One Forbes contributor has an unlikely recommendation instead of Facebook Inc (FB). Right now Facebook Inc (NASDAQ:FB) is all the rage on Wall Street, rising more than 3% today. Meanwhile, Intel Corporation (NASDAQ:INTC) , is now down less than 1%. The two companies have similar market capitalization of around $22

  • Sergiy Zlyvko
    Currency » 9 December Forex daily review
    Sergiy Zlyvko - December 10, 2013, 15:17 GMT

    On Monday, the highest activity was observed on the cross rates with the Japanese yen. The market opened crosses gapped up and after a minor correction of the U.S. session, the growth continued (weakening of the yen). The growth of cross-rates supported the euro/dollar and pound/dollar. The EURUSD climbed to 1.3745. GBPUSD rose to 1.6430

  • David Becker
    Business » Break Out for Bleach
    David Becker - December 10, 2013, 13:01 GMT

    Clorox Co. (NYSE:CLX) , which is best known for its bleach, but it also makes Glad trash bags, KC Masterpiece barbecue sauce, Kingsford charcoal and Liquid Plumber. Most of the products in its portfolio have the No. 1 or No. 2 market share. Clorox has paid increasing dividends to shareholders each year since 1977. It last

  • David Becker

    The end of the trading year could bring on a rally for Staples (NASDAQ:SPLS) , which are generally seen as safe bets for investors. KMB, rebounded Friday, after the better than expected payroll report. KMB’s board of directors announced that they have given permission to management to pursue the spin-off of K-C Health Care, a health

  • Sergiy Zlyvko
    Currency » Next week Forex forecast
    Sergiy Zlyvko - December 7, 2013, 09:30 GMT

    The U.S. dollar weakened its position somewhat on Forex world market as a strengthening of the U.S. dollar against most major rivals was offset by a significant increase of the single European currency. Macroeconomic statistics, published during the week, was strong enough for the dollar, but was unable to convince the participants of the foreign