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Ford Redirects Focus As Shares Fall to an All Time Low

Ford Redirects Focus As Shares Fall to an All Time Low

Ford’s stock fell to a recent new low as it dipped to USD 8.19 per share after, Morgan Stanley cut its price targets for Ford and General Motor Co. due to slumping industry demand in China on Friday. This is the lowest price the Company has se..

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Social media company Pinterest is approaching USD 1 Billion in ad revenue as it pushes for anIPO in mid-2019 according to people familiar with the matter.The Company hit USD 500 Million in sales in 2017 and almost double that this year, accordi..

Nissan Admits to Emission Test Scandal

Nissan Admits to Emission Test Scandal

Japanese automobile manufacturer, Nissan (TYO: 7201) announced Monday that it had altered the results of exhaust emissions and fuel economy tests of new vehicles sold in Japan and created inspection reports on altered measurement values. The sc..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Momo Inc Beat on First-Quarter Earnings

Momo Inc Beat on First-Quarter Earnings

On Tuesday, Momo Inc. (NASDAQ: MOMO), which is a leading mobile social networking platform in China, announced its financial results for the first quarter of fiscal 2018.The company reported total net revenues of $435.1 million for the first quarter..

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

British Petroleum Company (NYSE: BP) has invested $20 million in an Israeli start-up company by the name of StoreDot that claims its batteries can charge electric cars in just five minutes.Additionally said on Tuesday, BP suggested its venture capit..

Momo Shares Rise After Beating Q4 Estimates

Momo Shares Rise After Beating Q4 Estimates

China’s social media company, Momo Inc (NASDAQ: MOMO) reported its fourth quarter and full year financial results. For the fourth quarter, the company topped fourth quarter estimates, sending shares over 10 percent higher on Wednesday.For the ..