Samsung Group next CEO will be Lee Jae Yong. He's ambitious, capable, well-respected and could be a formidable obstacle in the path of Apple. However, the Group is spread too thin, and even Samsung Electronics is facing key challenges in which the on-going expansion of core business units has resulted in an unfavorable competitive dynamic. This bodes well for Apple, as it's more specialized and is more efficient with various cost categories. Furthermore, the heir to Samsung Group is more likely to manage the business conservatively, despite having some support from key shareholders. Going forward, I anticipate Samsung to not only lose momentum in smartphones but to lose an even bigger portion of the market to Apple.
Qihoo 360 is due to report Q2 2015 results on Sept. 1. 2015. Qihoo has been enjoying considerable success with its new mobile search engine. The private buyout offer for the company remains on the cards despite the turmoil in the Chinese market. The short and long-term outlook for Qihoo 36o remains good.
Oil rallied strongly after a sharp decline over the fortnight, to lift stock markets in yesterday's trade. Apart from the big gains for some energy names, tech stocks also regained a big portion of their earlier losses. Are there more gains ahead? Markets This Morning
Walmart recently reported Q2 2016 results which made Walmart stock holders uneasy. The company missed analysts EPS consensus of $1.12 by 4 cents sending the Walmart stock further on a downward trend. The company's restructuring and growth strategy makes Walmart stock an attractive investment option for long term investors.
Stock markets rallied strongly on Wednesday, with tech stocks leading the way. What's next for the markets today? Worries could now shift to the strong Dollar and the Fed's eventually inevitable rate hike - Markets This Morning.
Most stocks started yesterday's trading session sharply higher, but a wave of selling in the last hour sent them down over 1%. Big tech stocks held up well, big international stocks took it hard. With China and Japan bouncing back today, we might finally see some relief in other markets too.
Salesforce.com recently delivered impressive quarterly results. The company's shares have, however, been following the broader market lower. Long-term Salesforce investors can still benefit in a market downturn and the current downturn could turn out to be a win-win for Salesforce.com stock.
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FTI Consulting Announces Results of Cash Tender Offer for Any and All of Its 6 3/4% Senior Notes due 2020 : FTI Consulting (FCN)
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Prudential Bancorp, Inc. Announces Hiring of New Chief Lending Officer at Bank Subsidiary : Prudential Bancorp (PBIP)
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Revisions Galore for Energy and Industrials in the Wake of This Week’s Market Turmoil : Chevron (CVX)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Plains All American Pipeline, L.P. and Plains GP Holdings, L.P. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of October 16, 2015 - PAA, PAGP : Plains All American Pipeline (PAA)
MEDIA ADVISORY: BMO CEO Bill Downe to Participate in Scotiabank GBM Financials Summit 2015 : Bank Of Montreal (BMO)
Toyota Invests In Future Engineers and Business Leaders by Providing First-Ever $75,000 Jesse L. Jackson Sr. Fellows Scholarship, Summer Co-Op Internship Program and Mentorship Pairing : Toyota Motor Corp (TM)
Global Ship Lease Announces Results of 2015 Annual Meeting of Shareholders : Global Ship Lease (GSL)
Elbit Systems' Cyber Subsidiary, CYBERBIT, Awarded Contracts by European and African Customers : Elbit Systems (ESLT)
Photo Release -- Carolina Trust Bank Elects Jennifer Marion Mills as New Director : Carolina Trust Bank (CART)
City Year and Microsoft Corporation (Nasdaq: MSFT) to Ring The Nasdaq Stock Market Opening Bell : NASDAQ OMX (NDAQ)
Ashford Prime to Explore Strategic Alternatives to Increase Shareholder Value : Ashford Hospitality Prime (AHP)
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