Things just got a little worse for Volkswagon. As we noted earlier in the week, there were problems because of the scandal over rigged emissions test in parts of Europe. Now Volkswagen has said it would recall approximately 8.5 million diesel-engine cars in the European Union (EU) after Germany requested servicing of…
Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…
Starbucks (SBUX) will be losing a cushy credit card payment processing deal with upstart Square, according to Square’s initial public offering filing. The processing deal, announced back in 2012, has been a huge money loser for Square since then. When the deal generated massive publicity because Starbucks also agreed to invest…
If you haven’t heard, Michael Dell has sealed the biggest deal in tech history. After his privately run PC maker agreed to acquire data storage maker EMC in a transaction. This Monday, Dell announced with MSD Partners and Silver Lake to buy cloud computing company EMC for roughly $67 billion…
Abbot Labs a Dividend Strategy. Buying dividends — the strategy of buying a stock for the sole purpose of collecting the quarterly dividend, then immediately selling after it has been paid — can be lucrative, but it requires excellent timing, as well as selectiveness about which stocks you target. Abbott,…
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