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Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder Cos Inc. (NYSE: EL) beat quarterly profit and sales estimates on Monday, August 20TH, 2018 as customers purchased more of its Clinique and La Mer skincare products at duty free stores, online and beauty retailers.Following the report, s..

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR) and Microsoft (NASDAQ: MSFT) announced today that they will be working together on a new software initiative, the Data Transfer Project, to allow you to transfer data directly betw..

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

International Business Machines Corporation(NYSE: IBM) asked a U.S. jury to award USD 167 Million in a lawsuit accusing Groupon,Inc. (NASDAQ: GRPN) for using patented technology from several high-end tech companies. IBM’s lawyer, John Desmarai..

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Tech Stock Rally Pushes Nasdaq to Record Close

Tech Stock Rally Pushes Nasdaq to Record Close

Technology stocks drove the Nasdaq Composite to a record high on Monday, closing at $7,606.46, jumping 52.13 points or gaining 0.69 percent. Tech stocks rallied to record highs as well at the closing bell.Tech stocks continued to rally into Tuesday,..

Mark Zuckerberg Critized by shareholders Over Scandals

Mark Zuckerberg Critized by shareholders Over Scandals

On Thursday, May 31, 2018, Facebook, Inc. (NASDAQ: FB) had its annual shareholder meeting and many investors came angered and frustrated over the recent scandals Facebook has been having. The meeting when from a dull gathering into a chance for inve..

Paul Meeks, CIO Of Sloy, Dahl & Holst Forecasts Positive Year Ahead for Tech Stocks

Paul Meeks, CIO Of Sloy, Dahl & Holst Forecasts Positive Year Ahead for Tech Stocks

Paul Meeks, a veteran investor has asked fellow investors to go ahead with investing in the tech stock. Meek's is famous for having run the largest technology fund during what we call the Dotcom boom. The investor has said that the fundamentals ..