Traders Trade

Tim Hortons Shareholders Approve Sale of Company to Burger King

Tim Hortons shareholders have approved the sale of the doughnut and coffee chain to Burger King. Daniel Schwartz, the current CEO of Burger King Worldwide will be the CEO of the combined company. The combined entity is going to be named Restaurant Brands International. Read more... December 9, 2014

Google to Buy Skybox Imaging, a Provider of Satellite Imagery

Google has announced plans to buy Skybox Imaging for $500 million. Skybox is a provider of satellite imagery. Google says Skybox will help it keep Google Maps up-to-date. Read more... June 10, 2014

Google is Top Global Brand According to Millward Brown Report

Google is the most valuable brand in the world according to the BrandZ Top 100 Most Value Global Brand 2014 report, an annual report from Millward Brown. Google moved ahead of Apple, which slipped from the top slot to #2. Apple is followed by IBM, Microsoft, McDonald's, Coca Cola, Visa, AT&T, Marlbaro, Amazon and Verizon. Read more... May 27, 2014

Twitter Shares Fall 10% as Lock-up Period Ends

Twitter shares [TWTR] are down about 10% this morning. The plunge is linked to the expiration of a six-month lock-up period. Reuters reports that Twitter's lock-up involves about 470 million shares. Read more... May 6, 2014

FreightCar America's First Quarter Loss Larger Than Expected

The first quarter 2014 loss for FreightCar America was bigger than expected. The company reported revenues of $56.1 million for Q1 2014 and a net loss of $6.9 million, or $(0.58) per share. Analysts were reportedly expecting a smaller loss of $0.05 per share according to a Thomson Reuters poll of analysts. The company blamed the severe winter for part of its Q1 problems. Read more... May 4, 2014

Apple Reports $10.2 Billion in Net Profits for Second Quarter

Apple has reported its second quarter results. The tech giant made $45.6 billion in revenue for $10.2 billion in profit ($11.62 per diluted share) during its second quarter. By comparison, Apple had revenues of $43.6 billion and profits of $9.5 ($10.09 per diluted share) in the second quarter of 2013. Read more... April 24, 2014

GrubHub Shares Soar 31% on Opening Day

GrubHub (GRUB) shares climbed 31% on its IPO day. The company helps people order takeout from restaurants online and over mobile devices. Food can be ordered for delivery or pickup. The company has apps for the iPhone and Android devices. Read more... April 4, 2014

Mars Builds New Factory in Topeka

Mars has opened a new plant in Topeka, Kansas. The Topeka-Capitol Journal reports that the 500,000-square-foot plant took two years to build. It will produce about 10 million candy items each day, including 39 million individual M&Ms. Mars is applying for LEED gold certification for the Topeka plant. Read more... April 2, 2014

Fourth Quarter 2013 GDP Revised Downward to 2.4%

The U.S. government has revised the GDP for Q4 2013 to 2.4%. This is a big decrease from the original 3.2% the government reported last month. It is also a big drop from the Q3 GDP. In the third quarter, real GDP increased 4.1 percent. Read more... February 28, 2014

DOW Falls 326 Points

The stock market is struggling to find solid ground this year and continues to slip. The DOW lost 326 points today (2.08%). The Nasdaq fell 2.61%. This has been a bad start to February after a January that was also not good for investors. The DOW was down over 5% in January, which CNN/Money says was the worst month since January 2009. Read more... February 3, 2014

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