United Continental Holdings, Inc. (NYSE:UAL) released that it will purchase an around 5% stake in Azul Brazilian Airlines as division of a new strategic alliances. United reported that through a wholly owned subsidiary, it will invest $100 million for its economic stake in Azul, which includes one seat on Azul’s […]

AT&T, Inc. (NYSE:T) [Trend Analysis] declared that wireline employees represented by the Communications Workers of America contain voted to approve a three-year agreement for the AT&T Midwest region. The tentative concord was reached May 13 and was unanimously authorized by the CWA bargaining committee that spent over nine weeks working […]

AT&T, Inc. (NYSE:T) released that wireline employees represented by the Communications Workers of America have voted to ratify a three-year contract for AT&T Corp.. The AT&T Corp. agreement covers around 4,500 employees located throughout the country. Earlier today, employees represented by the CWA also voted to ratify a three-year contract […]

eBay Inc. (NASDAQ:EBAY) reported that its BOD has permitted the completion of the separation of eBay and PayPal into independent publicly traded companies. The separation will occur through a pro rata distribution of all of the stock of eBay’s subsidiary PayPal Holdings, Inc. to eBay shareholders. eBay Inc. shareholders will […]

International Business Machines Corporation (NYSE:IBM) slightly down in previous session as it will enlarge the networking services available through its SoftLayer cloud technology, attempting to catch up with deep-pocketed rivals. IBM researchers and engineers are now making regular trips to SoftLayer’s headquarters in Dallas to discuss product plans and get educated […]

Citigroup cut its its rating on shares of Netflix, Inc. (NASDAQ:NFLX) to “Neutral” from “Buy” and Societe Generale downgraded the stock to “Sell” from “Buy.” The activist investor Carl Icahn also declared that he has sold his remaining stake in Netflix. Netflix gapped open lower Thursday and fell during the first […]