staples

Staples, Inc. – Buy …. But Not Just Yet!

Staples, Inc. (NASDAQ: SPLS) faced the market’s wrath as its merger with Office Depot, Inc. (NASDAQ: ODP) was blocked by the U.S. District Court for the District of Columbia. As per the terms of the merger agreement, Staples is now obliged to pay Office Depot a $250 million break-up fee. Ron Sargent, CEO and Chairman […]

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Facebook community is now 1.65 billion strong

New York, April 28, 2016: Facebook now has 1.65 billion users announced Mark Zuckerberg after he gave quarterly results and gave an update on the community’s progress in connecting the world. In a statement he wrote: Our community now has 1.65 billion people. In the last few months, we launched Reactions, rolled out Live video, built […]

S&P 500 analysis

S&P 500 Will See A Massive Move This Year!

S&P 500 index will likely see a rip-your-face-off move this year. This is what the index’ weekly price chart is saying. As can be seen from the chart below, S&P 500 has been trading in a very broad range of 330 points, and is currently at the higher end. Even though the expectations from quarterly […]

S&P 500 analysis

Will Indian Stocks Disappoint Next Week?

Indian stocks ended this week on a strong note, posting 3.9% in gains. The benchmark Nifty 50 closed above 7850, helped by a strong global rally and some support lent by positive IIP data. Banks and Auto were the major gains, along with Metals. India’s fundamental situation has also been improving with the sustenance of […]