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Threat of Blockchain Prompts New Strategy for Germanys SAP By Bloomberg News (Bloomberg) -- Nearly 400 miles from its German headquarters, in the computer-science hotbed of Potsdam, SAP SEs engineers are trying to head off the latest challenge to its software empire: the blockchain. ...Read More »
Oracle Purchase of NetSuite Will Help It Vie With Cloud Rivals By Bloomberg News (Bloomberg) -- Oracle Corp., lagging the competition in cloud-based services, is essentially buying market share with its $9.3 billion acquisition of NetSuite Inc. ...Read More »
SoundCloud Founders Are Reportedly Trying To Sell The Service For $1B By Clip Syndicate Investors have been looking to sell the music-streaming company for a while. ...Read More »
Dow Analyst Moves: JPM By Clip Syndicate The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, JPMorgan Chase (JPM) is the #10 analyst pick. JPMorgan Chase also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #172 spot out of 500. ...Read More »
Dow Movers: BA, AAPL By Clip Syndicate In early trading on Thursday, shares of Apple (AAPL) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.0%. Year to date, Apple has lost about 1.2% of its value. ...Read More »
Google Plots Cheaper Wireless Future to Expand Fiber Project By Bloomberg News (Bloomberg) -- Google will use know-how from recent acquisition Webpass Inc., and its own wireless technology, to expand its Fiber fast internet business without having to spend so much. ...Read More »
Banks Look Up to the Cloud as Computer Security Concerns Recede By Bloomberg News (Bloomberg) -- Imagine reclining in your La-Z-Boy, closing your eyes and asking the voice-activated Amazon Echo on a nearby shelf when your next car payment is due. Just a few years ago, banks would have needed a houseful of their own computers to provide such service. ...Read More »
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Beverages & Wineries By Clip Syndicate In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of Stone Energy (SGY), down about 8.9% and shares of Pioneer Energy Services (PES) down about 8.8% on the day. ...Read More »
Wednesday Sector Leaders: Biotechnology, Precious Metals By Clip Syndicate In trading on Wednesday, biotechnology shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Sequenom (SQNM), up about 178% and shares of Amicus Therapeutics (FOLD) up about 11.6% on the day. ...Read More »
Dow Analyst Moves: HD By Clip Syndicate The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Home Depot (HD) is the #8 analyst pick. Home Depot Inc also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #163 spot out of 500. ...Read More »

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