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Google, Amazon Show Investors Cost Control Is Key for Tech By Bloomberg News Investors have started to reward Internet companies that can show both financial discipline and a path to long-term growth, making Amazon.com Inc. and Google Inc. the clear winners of the technology earnings season. ...Read More »
SimpliVity Plans 2016 IPO Amid Cloud Software Streak By Bloomberg News SimpliVity Corp., a six-year-old software startup that helps companies manage their hardware, plans to be ready to go public by the end of 2016, Chief Executive Officer Doron Kempel said. ...Read More »
Weekly Market Wrap: July 31, 2015 By Clip Syndicate The thirtieth full trading week of 2015 comes to a close with the Dow Jones and S&P 500 lower and the NASDAQ composite slightly higher on the day, in mid-afternoon trading on Friday. Most actively traded stocks include Bank of America (BAC) down 1.02%, Micron Technology (MU) lower by 5.67%, Facebook (FB) down 1.09%, Apple (AAPL) lower by 1%, and SunEdison (SUNE) down 8.3%. ...Read More »
Dow Movers: CVX, PFE By Clip Syndicate In early trading on Friday, shares of Pfizer (PFE) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.0%. Year to date, Pfizer registers a 15.8% gain. ...Read More »
Samsung Drops $10 Billion in Market Value on Stalling S6 Sales By Bloomberg News Sluggish sales of Samsung Electronics Co.s Galaxy S6 smartphones helped trigger a share decline that wiped more than $10 billion from its market value in July -- almost twice the capitalization of local rival LG Electronics Inc. ...Read More »
Hacked Jeep Cherokee Exposes Weak Underbelly of High-Tech Cars By Bloomberg News The Jeep Cherokee brought to a halt by hackers last week exposed wireless networks as the weakest link in high-tech vehicles, underscoring the need to find fast over-the-air fixes to block malicious intrusions. ...Read More »
Delphi to Buy HellermannTyton to Expand in Vehicle Connectivity By Bloomberg News Delphi Automotive Plc, the former car-parts unit of General Motors Co., agreed to buy cabling-gear maker HellermannTyton Group Plc for 1.07 billion pounds ($1.7 billion) among a set of acquisitions to expand in vehicle connectivity. ...Read More »
Samsung Flags S6 Price Cuts After Fifth Straight Profit Drop By Bloomberg News Samsung Electronics Co. signaled price cuts for its high-end Galaxy S6 smartphones to combat a market slowdown and surging sales of Apple Inc.s iPhones after posting a fifth straight profit decline. Shares fell. ...Read More »
A Veil of Secrecy Masks Stepped-Up Cyber-Attacks in Asia By Bloomberg News Once a month, cybersecurity lawyer Paul Haswell gets a call from an Asian company with the same question: Weve been hacked. Who do we need to tell? ...Read More »
Cohens Point72 Hires Granade to Oversee Big Data Effort By Bloomberg News Steven A. Cohens Point72 Asset Management hired Matthew Granade as chief market intelligence officer, a role that includes overseeing the firms big data push. ...Read More »

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