Rovi Corporation (NASDAQ:ROVI) recently declared that James Meyer has been unanimously chosen as independent Chairman of the company’s Board of Directors, effective July 7. Meyer has served as Chief Executive Officer of SiriusXM since December 2012. Prior to that role, Meyer served as President of Operations and Sales of SiriusXM […]

Software giant, Microsoft Corporation (NASDAQ:MSFT) reported that another major round of job reduces in addition to the 18,000 job eliminations announced in July 2014. The latest round of job reduces will see the cut of around 7,800 positions worldwide, primarily in the phone business it takeover previous year. The firm […]

Peabody Energy Corporation (NYSE:BTU) declared that it has signed into a sale and purchase contract with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody’s Wilkie Creek Mine as well as other associated assets in Queensland’sSurat Basin. The transaction has an aggregate value for […]

Semiconductor company, United Microelectronics Corporation (NYSE:UMC) declared that unaudited net sales for the month of June 2015 declined 2.83 percent to NT$12.06 billion from last year’s NT$12.41 billion. For the January – June 2015 six-month period, net sales amounted to NT$75.66 billion, up 11.99 percent from NT$67.56 billion in the […]

Alcoa Inc. (NYSE:AA) dropped over 3.21% in early trading session on Wednesday as the Beijing’s panicked reaction to sliding Chinese stock prices must be reasoning a few ripples of anxiety at Alcoa, too. When Alcoa released Q2 results, investors will be looking for any glimmers of a rebound in metal […]

Alibaba Group Holding Limited (NYSE:BABA) released that it has invested in Mei.com, China’s leading flash sales platform for luxury along with fashion products. This cooperation will improve Mei.com’s supply chain services of the sales of limited time discounted quality products beginning well-known international luxury as well as fashion brands to […]