Author: Viraj Shah

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How Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) Became Victim of Government’s Plan?

In September 2008, Director of FHFA James B. Lockhart III put Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) under conservatorship and fired the company’s executives. 8 years later...

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Valeant Pharmaceuticals Intl Inc (VRX) Woes, Verizon (VZ)’s Interest, and Ralph Lauren Corp (RL)’s Comeback Plan

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) announces first quarter earnings, below are the key excerpts. The company missed on revenue. Dermatology and prescription ophthalmology both slump by significantly. Dermatology faces pushback from insurance companies and...

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Morning Beat: Nokia Corporation (ADR) (NOK), Tesla Motors Inc (TSLA), and Microsoft Corporation (MSFT)

Nokia Corporation (ADR) (NYSE:NOK) announced that it has finished acquisition of health and fitness gadget maker Withings which it had bought for $190M. The acquisition has been finished ahead of the promised third quarter....

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Amazon.com, Inc. (NASDAQ:AMZN) Dominates Cloud Space

Salesforce.com, Inc. (NYSE:CRM) using cloud service offered by Amazon web Services (AWS) continues to show Amazon.com, Inc. (NASDAQ:AMZN)’s dominance of the business. It has always been argued that the cloud business is one of...